NewsWatch: Apple earnings dip amid coronavirus pandemic, but investors set to receive billions more

This post was originally published on this site

MARKETWATCH FRONT PAGE

Apple Inc. reported that profits slipped slightly but sales grew amid the spread of COVID-19, and promised investors billions more in stock repurchases and dividends and strong revenue growth in the current period. See full story.

Amazon says it may lose money while spending on coronavirus response, stock sinks in late trading

Amazon.com Inc. topped $75 billion in sales in the first quarter as COVID-19 swept across the globe, but profit declined and the company said Thursday that it might lose money in the current period as it spends to keep up with demand. See full story.

After the best April for the Dow and S&P 500 in 82 years, is ‘sell in May’ in the coronavirus era a smart strategy?

Sell in May and go away! It is one of the most common maxims in the investing world, but it may not necessarily hold true this time around as investors face one of the most significant public-health crises in history. See full story.

Retiring in 10-20 years? Here’s your best approach to stocks right now, says top U.S. financial adviser.

Our call of the day comes from a top financial planner in the U.S., who is keeping her cool, hoping for the best and offering this advice for those who still have some ways to go before retiring. See full story.

Mortgage rates fall to new record low — here’s why some loan applicants won’t be offered them

The low interest rate environment isn’t expected to bring much of a boost to the housing market, which is struggling as a result of the economic downturn caused by the coronavirus pandemic. See full story.

MARKETWATCH PERSONAL FINANCE

‘The institution has an obligation first and foremost to make sure that all visitors are following their guidelines for safety for both patients and their staff.’ See full story.

Add Comment