Michael Lee, founder of Michael Lee Strategy, discusses the April jobs report, Apple stock performance, and how his stock picks are impacting the market.
-Employment statistics were unexpectedly weak
Fed Chairman Jerome Powell may take a break
-Apple announces record share buyback, criticizes opponents
-Anti-Israel protests continue for another week on campuses across the US
-Mickey D says bigger is better when it comes to burgers
-Viking IPO hits Wall Street
-Another retailer wants to exit
-Kentucky Derby betting expected to set new record
Jobs Jolt: The U.S. economy added fewer jobs than economists expected, giving stocks a big boost Friday. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all rose more than 1%.Continue reading here. FOX Business approaches the workplace…Continue reading here.
Live prices of cryptocurrencies: here
Federal Reserve Chairman Jerome Powell said earlier this week that inflation remains too high to cut rates, but this data may be exactly what policymakers need…Continue reading here.
video: Former World Bank President David Malpass said the Fed’s tactics were wrong.
Apple Stan: The iPhone maker completed a record $110 billion share buyback, the largest ever by a U.S. company. The stock price rose 6%.This announcement was made in parallel with the quarterly results.…Continue reading here.
video: What to take away from Apple’s latest quarter.
apple stocks (FOXBusiness.com)
Anti-Israel protests intensify on campus: Latest information:
Campus chaos: It’s been another volatile week with anti-Israel mob protests on US campuses. But there’s one university he’s seeing a surge in applications from students fed up with the madness…Continue reading here.
video: A US university has not received any bulls from anti-Israel protesters.
Bigger is better: McDonald’s has revealed plans to make its burgers bigger in a bid to maintain its fast-food crown…Continue reading here.
A customer holding a Big Mac at McDonald’s. (Jason Alden/Bloomberg via Getty Images/Getty Images)
IPO cruises to Wall Street: Viking Holdings, the luxury global cruise operator, received a positive reception in its initial public offering. CEO Torstein Hagen told FOX Business that the line is still in its infancy.Look here.
Another retailer rips: Another fashion house is calling for an exit…Continue reading here. This comes a week after multi-brand fashion retailer Express announced it would close stores in 31 states, citing market pressures and the economy.
Kentucky Derby Fever: Saturday’s Run for the Roses captivates sports fans as Churchill Downs University, with $280 million wagered across all platforms last year, is expected to win big again this year with record bets. …Look here.
next:
-Looking for further business and market–Headings that move? See more FOX Business here.
-Need live updates? Get the FOX Business app here.
-Did someone forward this email to you? apply Additional newsletters From FOX News and FOX Business here.
