The tone did seem positive as things got underway following better-than-expected Apple earnings and a sunny forecast from chip maker Advanced Micro Devices. Apple Takes Off As Earnings BeatThe after-hours highlight Tuesday was Apple earnings, which were down from a year ago but above the Street’s expectations. In its call, Apple talked about strong results for the App Store, Apple Pay, and Apple Music. More strong earnings news in the mix this morning include results from CVS, Humana, and Yum Brands. That said a couple of major U.S. firms, namely Caterpillar and 3M, have reported softness in their international results this earnings season.
Source: Forbes May 01, 2019 13:30 UTC