MARKET COMMENTARY

Key Takeaway from Apple’s Lowered Guidance

In a letter to shareholders released after the market closed yesterday, Apple (AAPL) CEO Tim Cook surprised the market by stating the company is lowering its financial guidance for its December quarter.  The company now expects revenue to come in at $84 billion for the December quarter.  Previously, Apple’s revenue guidance was $89 billion to […]

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Market Week: December 10, 2018

The Markets (as of market close December 7, 2018) Losses in technology and health-care stocks accounted for much of last week’s market drop. The tech-heavy Nasdaq and the small caps of the Russell 2000 suffered the largest declines, leading a week of high market volatility. Bank and industrial stocks also took a big hit last […]

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