Apple shares popped after it reported better-than-expected Q2 earnings and increased its dividend to $0.25 per share.
Apple reports better-than-estimated earnings and expands its buyback program by $110 billion, Amgen ‘very encouraged’ by preliminary data from a trial of a weight-loss drug, and Expedia reduces its sales outlook for the year.
Apple’s earnings weren’t the disaster some feared and the tech giant even sweetened the deal for investors with a $110 billion stock buyback.