Apple shares jumped nearly 7% on Friday as the iPhone maker’s record stock buyback plan.
Read More Apple shares jump as record buyback, sales growth forecast lure investorsTag: sales growth
Tesla quarterly deliveries fall for the first time in nearly four years
The Elon Musk-led company’s shares fell 5.3% in early trading and were on track to lose about $30 billion in market value.
Read More Tesla quarterly deliveries fall for the first time in nearly four yearsUnilever to spin off ice cream business, cut 7,500 jobs for cost savings
Investors sent shares in Unilever, one of the world’s biggest consumer goods companies, up nearly 6% at one point.
Read More Unilever to spin off ice cream business, cut 7,500 jobs for cost savingsGoldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlook
Goldman Sachs raised its year-end target for the benchmark S&P 500 citing an improved earnings outlook for the index companies.
Read More Goldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlookTesla asks which jobs are critical, stoking layoff fears – Bloomberg News
Tesla sent out a single-line query for each job after canceling some employees’ biannual performance reviews.
Read More Tesla asks which jobs are critical, stoking layoff fears – Bloomberg NewsApple overtakes Samsung as top seller of smartphones
Apple ended Samsung Electronics’ 12-year run as the largest seller of smartphones in the world.
Read More Apple overtakes Samsung as top seller of smartphones