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Bloomberg

Apple Tops Sales Estimates After iPhone, Mac Help Fuel Growth

Apple Inc. reported revenue for the fiscal second quarter that topped analysts' estimates, helped by demand for the iPhone and Mac.  Revenue jumped 17% to $111.2 billion during the period, which ended March 28, the company said in a statement Thursday. Analysts had expected $109.7 billion. Apple itself had projected sales growth of 13% to 16%. Bloomberg's Anurag Rana and Ed Ludlow join to break it down.

Read more: Apple Tops Sales Estimates After iPhone, Mac Help Fuel Growth
Bloomberg

Blue Owl Scrutiny to Ramp Up as Shares Near 'Doomsday' Level

Blue Owl Capital Inc., whose battered stock has served as a proxy for concerns over the health of the $1.8 trillion private credit industry, will face fresh scrutiny from investors and Wall Street analysts with the release of its first-quarter earnings.  Bloomberg's David Havens joins to discuss.

Read more: Blue Owl Scrutiny to Ramp Up as Shares Near 'Doomsday' Level