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Apple Posts Record Services Revenue of $13.3 Billion, Beats Lowered Wall Street Expectations

Click here to read the full article. Apple turned in better results for the first three months of 2020 than some analysts expected amid the COVID-19 crisis — including posting a record $13.3 billion in services revenue, up 17% year over year.In February, Apple warned that it expected to miss previous targets for the March quarter, citing the COVID-19 outbreak in China as disrupting iPhone manufacturing and hurting sales in the country. Then in mid-March, the tech giant said it was shuttering all its retail stores worldwide with the exception of Greater China; they remain closed.For the quarter ended March …read more […]

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The Fate of the Housing Market Post-Pandemic: Is This Another 2008?

Last week, my husband and I became homeowners… again.
Well, technically we refinanced.
About six weeks ago, we started watching interest rates fluctuate. We thought, “Hey, it’s now or never. Let’s see how low we can go.”
And plenty of Americans were thinking the exact same thing.
In light of the COVID-19 pandemic, what does this refinancing wave mean for the U.S. housing market? Are we about to witness a 2008 repeat?
Renewed Interest in Interest Rates
Let’s get one thing straight…
The U.S. economy isn’t exactly thriving right now. And the housing market isn’t either.
Many sellers have taken their homes off the market. Buyers are waiting …read more […]

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Gilead's remdesivir will set new standard of care for coronavirus treatment: Dr. Fauci

Gilead Sciences’ antiviral drug remdesivir showed “quite good news”, according to White House health advisor Dr. Anthony Fauci. Assistant Professor in Department of Health Policy and Management at the Harvard Global Health Institute Dr. Tom Tsai joins Yahoo Finance’s Seana Smith to discuss the latest. …read more […]