Thursday

Apple, Ford and Estee Lauder are in the news Thursday. Here are our takes
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Apple, Ford and Estee Lauder made headlines Thursday. Here’s our take on the news.

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Virgin Orbit raising $200 million from investor Matthew Brown, closing deal as soon as Thursday
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Virgin Orbit and Brown began deal talks last week, around the same time the company announced it was pausing operations and furloughing most employees.

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Virgin Orbit returning 'small' team from unpaid pause on Thursday to prep for next rocket launch
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Virgin Orbit is returning a “small team” to work on Thursday, as the company aims to prepare for its next rocket launch even as its future remains in doubt.

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SVB Depositors, Investors Tried to Pull $42 Billion Thursday
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Apple reports earnings after the bell Thursday
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Analysts expect the iPhone maker to post its first year-over-year revenue decline since 2019.

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Apple's expected to post its first revenue decline since 2019 on Thursday
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Apple reports December quarter earnings on Thursday, and there are a lot of factors pointing to the company’s first year-over-year revenue decline since 2019.

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U.S. will hit its debt limit Thursday, start taking steps to avoid default, Yellen warns Congress
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Treasury Secretary Janet Yellen wrote House Speaker Kevin McCarthy, “It is unlikely that cash and extraordinary measures will be exhausted before early June.”

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Jim Cramer says the ‘worst of 3 worlds’ helped lead stocks lower on Thursday
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Jim Cramer went over the three things he believes dragged stocks down on Thursday.

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'Avatar: The Way of Water' makes $17 million in Thursday previews, driven by big 3D sales
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James Cameron’s “Avatar: The Way of Water” snared $17 million during early screenings on its way toward a $175 million opening weekend.

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