TJM Managing Director Reacts to Market Position After End-of-Week Turnaround
TJM managing director Timothy Anderson joined Cheddar News and provided a reaction to the stock market closing position after making a turnaround late in the week. He also talked about about the Fed's inflation gauge remaining highly elevated.
Apple posted better-than-expected profit and revenue in the latest quarter but said sales dropped for the fourth straight quarter, including a drop in revenue for iPads and iMacs.
The Federal Trade Commission is accusing Amazon of using an algorithm to raise prices for some of its products, thereby causing other shopping sites to do the same.
Customers fell for Starbucks' fall menu in the fiscal fourth quarter, with Pumpkin Spice Lattes and apple croissants helping the company achieve record revenue.
