Apple reports record quarterly revenue of $111.4 billion
Apple reported solid earnings after the bell on Wednesday. The tech giant soared past Wall Street expectations for the quarter, reporting record revenue of $111.4 billion.
GameStop is still on the rise. The stock is continuing its days-long winning streak, with shares moving higher premarket. This massive boost is fueled by enthusiasm from amateur investors on Reddit.
It seems like the hype may be dying down for both AMC and Blackberry, other favorite stock picks from the Reddit crowd. Both of those stocks pulling back in premarket after posting huge gains Wednesday due to short squeezes led by members of the Reddit community r/WallStreetBets.