Early Friday futures action shows stocks opening little changed after easing fractionally back from record highs in the previous session.
Apple reported declining sales in the most recent quarter, driven by softer iPhone demand. Revenue growth going forward is going to be dramatically lower than in previous years.
Warren Buffett's phenomenal investment track record has led to quite the following on Wall Street. The Oracle of Omaha and his team have spent in the neighborhood of $63 billion of Berkshire's cash, in aggregate, building stakes in five of the company's core holdings.
Billionaire Stanley Druckenmiller's Duquesne Family Office took on new positions in Apple Inc. (AAPL), Reddit Inc. (RDDT), and a range of biotech and financial services companies in the first quarter of the year, according to a recent 13-F filing.
All three of these companies saw buyers step up post-earnings, reflecting the positivity of their results.
Disney CEO Bob Iger has a message for Apple, Google, and every other tech company that distributes his company's streaming services: He wants a better deal. At least that seems to be what Iger wants from them.