- Apple Inc. announces record-breaking revenue of $111.4 billion in the first quarter, driven by strong sales of iPhones, Macs, and iPads. The company’s net income also rose to $28.76 billion, exceeding analysts’ expectations.
- Tesla’s stock price surges after the electric car maker reports better-than-expected earnings for the fourth quarter. The company’s revenue jumps to $10.74 billion, driven by an increase in vehicle deliveries. Tesla also announces plans to start producing its own battery cells.
- Amazon’s fourth-quarter revenue exceeds $125 billion, with a net income of $7.2 billion. The e-commerce giant’s cloud computing division, Amazon Web Services, also sees strong growth, contributing to the company’s overall performance. Amazon’s stock price rises as a result of the positive earnings report.
Read more at Barchart: Dear Apple Stock Fans, Mark Your Calendars for September 9