CORPORATIONS CONTINUE TO BE SOBs...
They always do better under the Dems, yet, they push for authoritative control
Three of the Magnificent Seven reported earnings. Apple, Amazon, and Meta released their latest financials yesterday, and the vibes were swell. All three beat Wall Street’s revenue expectations, with Amazon reporting a gargantuan $170 billion for Q4 2023.
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Meta announced it will pay out its first-ever dividend to shareholders, sending its stock soaring in after-hours trading. And Apple reported a revenue increase for the first time in a year as it prepares to launch the Vision Pro mixed-reality device today. Apple, however, also revealed a 13% sales decline in China amid local competition with Huawei.
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S: Morning Brew