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AAPL Jan 2025 260.000 call
- Yahoo Finance
Rivian reports mixed Q1 results but trims capex forecast and sees Q4 'gross profit'
Rivian reported mixed quarterly results for the first quarter, but will see further cost savings from shifting its upcoming R2 production to its Normal, Ill., plant and trimming its capital expenditure forecast.
- Yahoo Finance
Stock buybacks hit highest level since 2018
Stock buybacks are soaring in another sign that companies are feeling better about the macroeconomic outlook.
- Reuters
Music streaming firms urge European Commission to reject Apple's proposal in App Store case
A group that represents audio streaming firms including Spotify and France's Deezer in Europe has urged the European Commission to reject Apple's proposal in a music streaming case. Digital Music Europe expressed concern in a letter submitted to the European Commission on Tuesday that Apple's proposal to comply with the regulator's March order, in which the iPhone-maker was fined 1.84 billion euros ($1.98 billion), does not provide concrete and effective remedies.
