Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks<blockquote>苹果报告又一个井喷季度销售额增长54%,授权900亿美元股票回购</blockquote>
Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple did not issue official guidance for what it expects in the quarter ending in June.Apple authorized $90 billion in share buybacks.Apple stock rose over 4% at one point in extended trading.Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65
NIO Stock Is Suddenly on Fire. This Is Why.<blockquote>蔚来股票突然火了。这就是为什么。</blockquote>
Stock in the Chinese electric-vehicle maker NIO has gone from down in the dumps to king of the hill, with seven straight days of gains. Technical factors, rather than developments that would affect earnings, appear to be behind the shift.NIO stock was a can’t miss bet for months. Shares gained more than 1,100% in 2020, closing at around $49. They raced to almost $67 early this year, but stalled out and fell to less than $32 last month. New competition in China’s EV market, confusion over delive