The stock market has been volatile in recent weeks, but there are still some positive stories to be found. Here are 10 of the most popular stock market news stories of the week:
Apple (AAPL) reports strong earnings: Apple reported strong earnings for the third quarter of 2023, with revenue of $123.9 billion and earnings per share of $1.88. The results were better than expected, and they were driven by strong sales of iPhones, iPads, and Macs.
Microsoft (MSFT) wins $10 billion Pentagon contract: Microsoft won a $10 billion contract from the Pentagon to provide cloud computing services. The contract is one of the largest cloud computing contracts ever awarded, and it is a major win for Microsoft.
Tesla (TSLA) delivers record number of vehicles in Q3: Tesla delivered a record 254,695 vehicles in the third quarter of 2023. The results were better than expected, and they were driven by strong demand for the Model 3 and Model Y.
Alphabet (GOOGL) launches new AI products: Alphabet launched a number of new AI products this week, including a new AI-powered chatbot called Bard and a new AI-powered translation service. The new products are part of Alphabet’s efforts to expand its AI business.
Amazon (AMZN) announces new Prime Day deals: Amazon announced new Prime Day deals for this week. Prime Day is a two-day shopping event for Amazon Prime members.
Meta (META) reports revenue decline: Meta reported a revenue decline for the first time in its history. The decline was due to a number of factors, including changes to Apple’s privacy policy and the war in Ukraine.
Netflix (NFLX) loses subscribers: Netflix lost 200,000 subscribers in the second quarter of 2023. This is the first time that Netflix has lost subscribers since 2011.
Twitter (TWTR) sued by Elon Musk: Elon Musk sued Twitter for breach of contract after he backed out of his offer to buy the company. The lawsuit is expected to go to trial in October 2023.
Coinbase (COIN) stock price plummets: Coinbase’s stock price has plummeted in recent months. The decline is due to a number of factors, including the recent downturn in the crypto market.
Robinhood (HOOD) stock price plummets: Robinhood’s stock price has also plummeted in recent months. The decline is due to a number of factors, including the recent downturn in the stock market and the company’s own problems.
These are just 10 of the most popular stock market news stories of the week. For more information, please visit your favorite financial news website.
Conclusion
The stock market has been volatile in recent weeks, but there are still some positive stories to be found. The companies listed above are all leaders in their respective industries, and they are well-positioned for growth in the future.
Investors who are interested in investing in these companies should carefully consider their financial situation and their investment goals.