Diamonds and Dogs
Apple Inc. (AAPL)
Apple is looking great today, up 5.89% to $115.57. The tech giant saw its shares pop after the close yesterday and into today after better than expected earnings. Apple announced it sold an astonishing 74.5 million iPhones during the last three months of 2014, which equates to more the $50 billion in sales for the first time ever. Furthermore, the company had a profit of $18 billion on revenue of $74.6 billion. The stellar quarter lead to Apple announcing that they have $178 billion in cash. Shares of Apple climbed over $6.00 today and crept up close to their 52-week high of $119.75 intraday.
Petroleo Brasileiro S.A.-Petrobras (PBR)
Petrobras investors are going to want to drink a PBR after today, with shares down 11.95% to $6.56. The Brazilian oil and gas company saw its shares tank after publishing its third quarter earnings after a two month delay. Petrobras reported net profit of 3.09 billion reais, or $1.18 billion, down from 3.39 billion reais in the same quarter last year. Revenue totaled 88.37 billion reais in the quarter, up from 77.7 billion reais. EBITDA fell 10% year-over-year to 11.7 billion reais. The worse than expected quarter caused the stock to sell off nearly $1, but shares were able to hold above their 52-week low of $5.79.
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