Wall Street is looking to bounce back after two straight days of losses. Stocks started the day on an up note with technology shares leading the advance on strong earnings.
Here are some of the stories the Yahoo Finance team is covering for you today.
Apple’s sweet earnings
Apple (AAPL) shares are set to open at a fresh 52-week high as analysts turn more bullish on the stock after the tech giant made a comeback for the holiday period, with sales rising for the first time in three quarters. Revenue jumped 3% to $78.4 billion dollars, a new record high thanks mainly to strong demand for the iPhone 7. Where does Apple go from here?
Facebook’s TV plans
We are watching shares of Facebook (FB) today ahead of the company’s earnings report after the closing bell this afternoon. And the Wall Street Journal is reporting that Facebook is developing a video app for television set-top boxes, including Apple TV. How does this TV app fit into Facebook’s overall growth strategy?
Amazon takes flight
Amazon (AMZN) plans to build its first air cargo hub for the e-commerce giant’s growing fleet of airplanes. The company will spend about $1.5 billion to build a facility at Cincinnati-Northern Kentucky Airport, creating more than 2,000 jobs. How much a threat does this pose to FedEx (FDX) and UPS (UPS)?
