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Week of 10/5/2020 Recap

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1. Stocks Firing On All Cylinders U.S. equities have continued to rise amidst talk of a $1.8 trillion stimulus package endorsed by President Trump. However, opposing takes from both Democrats and Senate Republicans threaten to derail the package. The S&P 500 closed at $3,477.13, approaching its all-time high at $3,588.11. The Dow Jones and NASDAQ […]

Markets Silicon Valley Stocks Tech

Another One for Apple: The 2 Trillion Dollar Milestone

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On August 19, 2020, Apple Inc. became the first public US company to reach an astonishing $2 trillion market cap. Apple’s stock has soared in the midst of the COVID-19 pandemic—a time when US GDP for the second quarter of 2020 shrank nearly 32%.  COVID-19’s Effect on Valuation The technology hardware company and maker of […]

Silicon Valley Stocks Tech

Why Apple Announced a 4-for-1 Stock Split

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In a time of worry and economic hardship, FAANG stocks, such as Apple, have been performing extremely well. On July 30th, Apple announced its third-quarter earnings, which blew out analysts’ expectations. According to a press release by Apple, the company saw a revenue of $59.7 billion, an 11% increase year-over-year, and diluted earnings per share […]

Tech

The Future of the iPad

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Back in 2011 when the iPad was released, it was a game changer. Although it was merely a larger iPhone without the capabilities of a phone, people went crazy. After all, it was the Steve Jobs era. As the years went by, processors got faster, screens became sharper and bezels shrunk. However, the tablet market […]