Roman Leakee

Finance News

Apple (AAPL) stock price dipped 2%  April 2022

Apple’s stock price dipped 2% after CFO Luca Maestri said supply chain issues would hurt third-quarter sales by as much as $8 billion.

Still, many analysts on Wall Street remained positive on the company after its recent earnings report that topped expectations.

One analyst said any weakness in the stock is a buying opportunity.

Amazon — Shares dropped more than 9% after Amazon disclosed weaker-than-expected revenue guidance for the second quarter.

The tech giant also posted a $7.6 billion loss on its investment into Rivian, which lost more than half its value in the quarter.

Roku — Shares of Roku popped more than 4% after the digital media player manufacturer on Thursday reported boost in sales.

Roku posted a revenue of $733.7 million. Analysts polled by Refinitiv were expecting $718 million.

Intel — Shares fell more than 3% after Intel issued weak guidance for its fiscal second quarter,

..overshadowing stronger-than-expected earnings for the previous quarter.

Powerball: One Ticket Wins $473.1M

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