Apple's earnings are expected to diminish

Apple's earnings are expected to diminish

Apple may have to beat and raise to keep the stock moving higher.

  • Apple will report results on Thursday after the close of the trading session. Analysts' consensus estimates forecast that earnings fell in the fiscal fourth quarter on flat revenue.
  • An anonymous crypto holder recently completed the largest dollar value Bitcoin transaction in history, at a value of 1.15 billion USD.
  • European leaders warned of a bleak winter as resurgent COVID-19 infections forced countries to impose new restrictions, with the US, Russia, and France setting new daily records for cases.

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