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Apple jumps 5% after smashing revenue forecasts and teasing metaverse plans, giving tech stock futures a boost

3 monthes ago   |   By Business Insider

Tim Cook has been CEO of Apple since 2011. Karl Mondon/Digital First Media/The Mercury News via Getty Images
Apple's stock jumped 5% in premarket trading Friday after the tech giant smashed earnings forecasts.
CEO Tim Cook teased its metaverse plans, saying: "We see a lot of potential in this space and are investing accordingly."
Apple shares have been hit by the broad sell-off in US stocks, but look set for solid gains at the open.
Apple stock jumped 5% in premarket trading Friday after smashing quarterly revenue and profit forecasts, and after its CEO Tim Cook teased its plans to invest...
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