Apple Q2 iPhone sales beat expectations, with an additional $90 billion buyback prepared
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Key Takeaways:
Attitude: Apple reported an all-time record in Services and a March quarter record for iPhone despite a challenging macroeconomic environment, and to have its installed base of active devices reached an all-time high. The management was particularly pleased with ...

MACRO
Fed Gets Room to Hold in June as Inflation Shows Sign of Cooling
Signs of moderating price pressures in April will give Federal Reserve officials room to pause their aggressive tightening campaign next month, though inflation is still running too hot for policymakers to consider cutting interest rates.
The consumer price index rose by 4.9% from a year earlier, the first reading below 5% in two years, a Bur...