Earning Reports to Watch Friday
Apple (AAPL) - Get Apple Inc. Report has brought a smile on investors' faces after the iPhone-maker company posted strong earnings on Thursday, despite the supply chain issue that's bothering all companies. The company's shares are jumping higher on Friday.
Related: Apple Stock Surges As Record iPhones Sales Defy Supply Chain Woes, Power Crushing Q1 Earnings
Apple's revenue rose 11.2% from last year, bringing in $123.94 billion.
Robinhood (HOOD) - Get Robinhood Markets, Inc. Class A Report, however, has not been doing great in the market. The commission-free brokerage company reported a loss of $423 million, in its fourth-quarter earnings reports on Thursday.
Robinhood, which IPO'd at $38 per share last July peaked at an all-time high at $85 in August same here. However, the company's stock has lost so much value that it is currently trading below $13 per share.
Related: Robinhood In Retreat: Investors Are Bailing on the Meme-Stock
Watch the video above to see reports from Caterpillar (CAT) - Get Caterpillar Inc. Report, Visa (V) - Get Visa Inc. Class A Report, and much more.