Amazon reported its Q2 earnings after the bell on Thursday, missing analysts' expectations on revenue, and falling short on its Q3 forecast.
(Bloomberg) -- Apple Inc. tapped the U.S. investment-grade bond market on Thursday with a $6.5 billion sale in four parts as the tech giant increasingly looks to return cash to shareholders.The longest portion of the offering, a 40-year security, will yield 0.92 percentage points above Treasuries, according to a person familiar with the matter, who asked not to be identified as the details are private. Initial price discussions were in the 1.15 percentage points range.Proceeds from the sale will
Shares of Qualcomm (NASDAQ: QCOM) were up 5.5% as of 1 p.m. EDT on Thursday. Shareholders of the mobile-chip designer were benefiting from a better-than-expected quarterly earnings report the day before, as well as a rosy outlook for the summer quarter as the company said it was mitigating supply issues amid the global chip shortage. Specifically, Qualcomm reported a 65% year-over-year increase in revenue to $8.06 billion and a 124% increase in adjusted net income to $2.2 billion during its fiscal 2021 third quarter (the three months ended June 27).