The report comes after Jefferies and Loop Capital downgraded Apple's stock last week on fears of sluggish iPhone sales.

Apple earnings top forecasts, but iPhone, China sales fall short

The report comes after Jefferies and Loop Capital downgraded Apple's stock last week on fears of sluggish iPhone sales.
Yahoo Finance 17 minutes ago
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The Dow Jones Industrial Average (^DJI) is rising sharply on Thursday. Traders are reacting to a mixed bag of results from Microsoft (MSFT), Tesla (TSLA), UPS (UPS), and Southwest Airlines (LUV). After the close, the focus will shift to tech giant Apple, which reports its fiscal first quarter earnings. Trending tickers on Yahoo Finance include IBM (IBM), ServiceNow (NOW), and Comcast (CMCSA).
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