News Snapshot:
Apple (AAPL) posted a better-than-expected March quarter after the bell Thursday, despite ongoing macroeconomic uncertainty — helping the market clear another one of the big four hurdles we laid out earlier this week. Shares gained more than 2% in after-hours trading. Revenue in Apple's fiscal second quarter of $94.84 billion dropped 3% year-over-year but beat expectations of $92.96 billion. Foreign exchange fluctuations were a headwind of over 500 basis points or more than 5 percentage points. Earnings per share (EPS) of $1.52 were flat compared to a year ago, exceeding the consensus estimate of $1.43. Gross margin was 44.3%, expanding...
