Tag Archive : Monday

/ Monday

Apple  (AAPL) – Get Report shares surged Monday and the reason shouldn’t surprise anyone. The company is unveiling its iPhone 12 Tuesday, but there is a lot of information incorporated into the stock move.

The stock rose more than 6% to about $124 a share by 2 PM EDT Monday. After a nasty correction in September, when the stock fell as much as 20% — a technical bear market — investors have been willing to pay a roughly 30 times multiple on the next 12 months of earnings. That’s against analysts’ estimates of 8% compounded earnings growth for the next several years. However, analysts TheStreet has spoken with admit short-term and long-term earnings estimates have significant upside across businesses, legacy hardware, wearables and services.

The stock move Tuesday brings Apple’s earnings multiple to just under 35, which may seem stretched to some. Bullish Apple analysts around The Street

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FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo from Reuters files

WASHINGTON (Reuters) – The U.S. House of Representatives Judiciary Committee’s antitrust subcommittee is expected to release a much-anticipated report into antitrust allegations against four of America’s largest tech companies as soon as Monday, according to a source with direct knowledge of the matter.

The chief executives of four of the world’s largest tech companies, Amazon.com Inc, Facebook Inc, Apple and Alphabet’s Google, testified before the panel in July.

During the hearing, the four CEOs parried a range of accusations that they crippled smaller rivals in their quest for market share. The four companies have a combined market value of about $5 trillion.

The House antitrust subcommittee plans to hold a hearing on Friday on proposals to strengthen antitrust laws and restore online competition as it nears the release of this long-awaited report on

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FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo from Reuters files/File Photo

WASHINGTON (Reuters) – The U.S. House of Representatives Judiciary Committee’s antitrust subcommittee is expected to release a much-anticipated report into antitrust allegations against four of America’s largest tech companies as soon as Monday, according to a source with direct knowledge of the matter.

The chief executives of four of the world’s largest tech companies, Amazon.com Inc, Facebook Inc, Apple and Alphabet’s Google, testified before the panel in July.

During the hearing, the four CEOs parried a range of accusations that they crippled smaller rivals in their quest for market share. The four companies have a combined market value of about $5 trillion.

The House antitrust subcommittee plans to hold a hearing on Friday on proposals to strengthen antitrust laws and restore online competition as it nears the release of this long-awaited report

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A website for Wisconsinites to sign up for free coronavirus testing by Wisconsin National Guard teams went offline Monday evening.



a group of people standing around each other: Members of the Wisconsin National Guard assist people at a COVID-19 testing facility at UMOS, 2701 S. Chase Ave. in Milwaukee.


© MIKE DE SISTI / MILWAUKEE JOURNAL SENTINEL
Members of the Wisconsin National Guard assist people at a COVID-19 testing facility at UMOS, 2701 S. Chase Ave. in Milwaukee.

Most people waiting in line at five testing sites in the state when the website went down were still tested.

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The website — covidconnect.wi.gov — allows people to register for testing in advance with their personal information and gives them a QR code to scan at a testing site. They also get an email with their test results rather than a phone call.

Get daily updates on the Packers during the season.

Wisconsin National Guard spokesman Maj. Joseph Trovato said the website outage is likely linked to a much larger Microsoft outage affecting many different web platforms on Monday.

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(Bloomberg) — Uber Technologies Inc. faces a two-pronged test to regain its London license when a judge issues his ruling Monday.



a hand holding a cellphone: A commuter uses the Uber Technologies Inc. app on a smartphone in view of 30 St Mary Axe also known as 'the Gherkin' in this arranged photograph in London, U.K., on Monday, Nov. 25, 2019. Uber lost its license in London for the second time in less than three years, putting one of its biggest markets outside of the U.S. at risk after the transport regulator said it failed to address safety concerns.


© Bloomberg
A commuter uses the Uber Technologies Inc. app on a smartphone in view of 30 St Mary Axe also known as ‘the Gherkin’ in this arranged photograph in London, U.K., on Monday, Nov. 25, 2019. Uber lost its license in London for the second time in less than three years, putting one of its biggest markets outside of the U.S. at risk after the transport regulator said it failed to address safety concerns.

The ride-hailing app’s future in its biggest European market hinges on whether Deputy Chief Magistrate Tan Ikram finds it “fit and proper” to operate in the capital. If he does, Transport for London and Uber will negotiate a license, and the judge will have to approve the length. If it loses, Uber can continue

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