Apple Shares Popped Monday: Everything You need to Know

Apple  (AAPL) – Get Report shares surged Monday and the reason shouldn’t surprise anyone. The company is unveiling its iPhone 12 Tuesday, but there is a lot of information incorporated into the stock move.

The stock rose more than 6% to about $124 a share by 2 PM EDT Monday. After a nasty correction in September, when the stock fell as much as 20% — a technical bear market — investors have been willing to pay a roughly 30 times multiple on the next 12 months of earnings. That’s against analysts’ estimates of 8% compounded earnings growth for the next several years. However, analysts TheStreet has spoken with admit short-term and long-term earnings estimates have significant upside across businesses, legacy hardware, wearables and services.

The stock move Tuesday brings Apple’s earnings multiple to just under 35, which may seem stretched to some. Bullish Apple analysts around The Street

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NASA launches new $23 million space toilet to ISS. It should arrive Monday

A recently designed space toilet that better accommodates women is headed to the International Space Station. The new loo was packed inside a cargo ship that successfully blasted off Friday evening at 6:16 p.m. PT from  NASA’s Wallops Flight Facility on Wallops Island, Virginia. The astronauts will give the toilet a test run for the next few months.



This unusual-looking space toilet will be tested by the astronauts on ISS. NASA


© Provided by CNET
This unusual-looking space toilet will be tested by the astronauts on ISS. NASA



Astronaut Samantha Cristoforetti shows off the hose on the current toilet for when you need to pee. 


© Video screenshot by Bonnie Burton/CNET

Astronaut Samantha Cristoforetti shows off the hose on the current toilet for when you need to pee. 


Weighing almost 100 pounds (45 kilograms) and measuring 28 inches (71 centimeters) tall, the new toilet is about half as big as the two Russian-built toilets already in use at the ISS. This new toilet is 65% smaller and almost half as light than current ISS toilets in use.

The new, smaller

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U.S. House Judiciary antitrust report likely to come out as soon as Monday October 5: source

FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo from Reuters files

WASHINGTON (Reuters) – The U.S. House of Representatives Judiciary Committee’s antitrust subcommittee is expected to release a much-anticipated report into antitrust allegations against four of America’s largest tech companies as soon as Monday, according to a source with direct knowledge of the matter.

The chief executives of four of the world’s largest tech companies, Amazon.com Inc, Facebook Inc, Apple and Alphabet’s Google, testified before the panel in July.

During the hearing, the four CEOs parried a range of accusations that they crippled smaller rivals in their quest for market share. The four companies have a combined market value of about $5 trillion.

The House antitrust subcommittee plans to hold a hearing on Friday on proposals to strengthen antitrust laws and restore online competition as it nears the release of this long-awaited report on

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U.S. House Judiciary antitrust report likely to come out as soon as Monday Oct. 5 – source

FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo from Reuters files/File Photo

WASHINGTON (Reuters) – The U.S. House of Representatives Judiciary Committee’s antitrust subcommittee is expected to release a much-anticipated report into antitrust allegations against four of America’s largest tech companies as soon as Monday, according to a source with direct knowledge of the matter.

The chief executives of four of the world’s largest tech companies, Amazon.com Inc, Facebook Inc, Apple and Alphabet’s Google, testified before the panel in July.

During the hearing, the four CEOs parried a range of accusations that they crippled smaller rivals in their quest for market share. The four companies have a combined market value of about $5 trillion.

The House antitrust subcommittee plans to hold a hearing on Friday on proposals to strengthen antitrust laws and restore online competition as it nears the release of this long-awaited report

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Shooting victim’s mother to appear at body camera hearing — Monday, September 28, 2020 — www.eenews.net

Kelly Ghaisar, whose 25-year-old son was shot to death by U.S. Park Police in November 2017, will make her first appearance before Congress tomorrow when she testifies before a panel of the House Natural Resources Committee.

Her son, Bijan Ghaisar, an accountant from Virginia, died days after two officers fired 10 shots into his Jeep Grand Cherokee as he pulled away during a traffic stop on the George Washington Memorial Parkway in Fairfax County, Va.

No charges have been filed in the case, but the family has filed a civil lawsuit against the federal government.

In June, the House passed the “Federal Police Camera and Accountability Act,” H.R. 3364, which would require uniformed federal police officers to wear body cameras and have dashboard cameras in marked vehicles. House members included the bill in their broader “George Floyd Justice in Policing Act of 2020.”

The sponsors of the camera bill, Del.

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Thai Stock Market Overdue For Support On Monday

(RTTNews) – The Thai stock market has finished lower in five straight sessions, sliding almost 45 points 3.4 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,245-point plateau although it’s expected to find traction on Monday.

The global forecast for the Asian markets is upbeat, with technology stocks expected to lead the markets higher amidst bargain hunting. The European markets were mixed and the U.S. bourses were sharply higher and the Asian markets figure to follow the latter lead.

The SET finished slightly lower on Friday following losses from the financial shares and the energy producers.

For the day, the index eased 2.52 points or 0.20 percent to finish at 1,244.94 after trading between 1,241.66 and 1,256.40. Volume was 12.687 billion shares worth 45.623 billion baht. There were 898 decliners and 544 gainers, with 461 stocks finishing unchanged.

Among the actives, Advanced Info shed

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Taiwan Stock Market May Find Traction On Monday

(RTTNews) – The Taiwan stock market has moved lower in five straight sessions, sinking almost 650 points or 5.3 percent along the way. The Taiwan Stock Exchange now rests just above the 12,230-point plateau although it’s expected to halt its slide on Monday.

The global forecast for the Asian markets is upbeat, with technology stocks expected to lead the markets higher amidst bargain hunting. The European markets were mixed and the U.S. bourses were sharply higher and the Asian markets figure to follow the latter lead.

The TSE finished modestly lower on Friday as losses from the technology stocks were mitigated by support from the financials and cement companies.

For the day, the index fell 31.49 points or 0.26 percent to finish at 12,232.91 after trading between 12,149.81 and 12,385.81.

Among the actives, Cathay Financial rose 0.26 percent, while Mega Financial jumped 1.67 percent, Fubon Financial collected 0.46 percent, First

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Uber’s Future in London Rests on Two Key Rulings on Monday

(Bloomberg) — Uber Technologies Inc. faces a two-pronged test to regain its London license when a judge issues his ruling Monday.



a hand holding a cellphone: A commuter uses the Uber Technologies Inc. app on a smartphone in view of 30 St Mary Axe also known as 'the Gherkin' in this arranged photograph in London, U.K., on Monday, Nov. 25, 2019. Uber lost its license in London for the second time in less than three years, putting one of its biggest markets outside of the U.S. at risk after the transport regulator said it failed to address safety concerns.


© Bloomberg
A commuter uses the Uber Technologies Inc. app on a smartphone in view of 30 St Mary Axe also known as ‘the Gherkin’ in this arranged photograph in London, U.K., on Monday, Nov. 25, 2019. Uber lost its license in London for the second time in less than three years, putting one of its biggest markets outside of the U.S. at risk after the transport regulator said it failed to address safety concerns.

The ride-hailing app’s future in its biggest European market hinges on whether Deputy Chief Magistrate Tan Ikram finds it “fit and proper” to operate in the capital. If he does, Transport for London and Uber will negotiate a license, and the judge will have to approve the length. If it loses, Uber can continue

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