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The Charging Bull statue, also known as the Wall St. Bull, pictured in the financial district in of New York, September 9, 2020. |
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Reports that Apple may slow hiring interrupted the two-day stock market rally yesterday, but why was this a surprise? Should analysts be cutting Apple's and other companies earnings estimates? And even with cuts, analysts are still expecting a healthy gains in full year earnings over 2021. There hasn't been any dramatic cuts in the second half numbers for a specific reason emerging around 2023, for Apple and much of the tech sector in general. |
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Here are more of today's top stories, exclusive for CNBC Pro subscribers! Here are Tuesday's biggest analyst calls: Meta, Chipotle, Apple, Tesla, Exxon, Netflix, Sunrun & more
TUE, JULY 19 2022 These 'top of the food chain' stocks are the best names you can buy, says one analyst
TUE, JULY 19 2022 Alphabet is trading at its post-split price. Here's how the Dow would move if it joined the index MON, JULY 18 2022 Maybe the stock market has put in a 'DaVinci Code' bottom, Ed Yardeni says
TUE, JULY 19 2022 Higher-for-longer inflation could hit this safe-haven sector hard, Morningstar strategist warns
TUE, JULY 19 2022 Morgan Stanley's Wilson predicts the S&P 500 trough: It will come 'pretty quickly' MON, JULY 18 2022 |
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