Derek Saul is a New Jersey-based Senior Reporter on Forbes' news team. He graduated in 2021 from Duke University, where he majored in Economics and served as sports editor for The Chronicle, Duke's student newspaper, joining Forbes soon thereafter. Saul has covered everything
Apple Earnings Come In Hot—China Blow Less Painful Than Feared
Apple stock rallied about 4% shortly after its first calendar quarter earnings release.
Apple Stock Rises 2% Ahead Of Earnings Amid Broader Gains
Apple stock, which has already lost $380 billion of market value this year, will be tested again this week as the company is expected to report a 5% annual drop in sales.
When Will Interest Rates Go Down? Fed Holds Rates At 23-Year High Yet Again
Just three months ago, investors priced in a 100% chance of a rate cut by Wednesday’s meeting.
Pfizer’s 44% Decline In Profits Still Tops Estimates—Stock Bounces From Decade Low
Sales for Pfizer’s COVID-19 vaccine and oral treatment declined nearly 70% annually during the first quarter, underscoring the company’s earnings headaches as heads turned toward weight loss drugs.
Dow Extends April Loss To Nearly 2,000 Points In Worst Month Since 2022
On the last day of the month, the Dow’s April loss extended to 5%, or 1,990 points, the S&P’s decline to 4% and the Nasdaq’s drop to 4%.