Apr.30 — Gene Munster, founder and managing partner of venture capital firm Loup Ventures, discuss Tesla Inc.’s outlook. Tesla shares surged after the carmaker reported its first-ever quarterly profit to begin a year, but it burned through cash again and backed away from guidance for how the rest of the year will shake out. Munster also talks about the prospects for Apple Inc. on “Bloomberg Markets: Asia.”
In This Story: Apple Inc
Apple Inc. is an American multinational technology company headquartered in Cupertino, California. It is considered one of the Big Tech technology companies, alongside Amazon, Google, Microsoft, and Facebook.
Stock Tickers: (Nasdaq: AAPL, Nasdaq 100 component, DJIA component, S&P 100 component, S&P 500 component)
Well known products and services from the brand include the iPad tablet computer, AirPods wireless earbuds, iOS, iTunes, the Safari web browser, Apple Music, iCloud and Apple Pay.
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976. Apple went public in 1980. In August 2018, Apple became the first publicly traded U.S. company to be valued at over $1 trillion and just two years later in August 2020 became the first $2 trillion U.S. company.
The company employs 137,000 full-time employees and maintains 510 retail stores in 25 countries as of 2020.
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In This Story: Tesla
Tesla (NASDAQ: TSLA) is one of the biggest producers or electronic cars, and other, largely electronic, equipment.