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Apple shares rose Friday .74 a share, or 11.98 percent, to 7.97 a share after Wells Fargo upgraded the stock to overweight from equal weight, citing the stock's "compelling risk/reward" outlook.

Arthur Dong, a professor at Georgetown's McDonough School of Business, noted that AT&T derives a substantial part of its business from the US federal government. "This has been a part of AT&T's domain for over a century. As such, if security concerns are voiced by the federal government, AT&T will most certainly obey," he said.

Apple Inc reported fall in revenue in China in its latest quarter earnings report amid increased competition from local rivals.

As China's LNG contract volumes grow at a slower pace than its demand projections over the next five years and more than a quarter of its estimated 2023 demand is still uncontracted, spot requirements will likely increase, he said.

Artisans who sell products on Amazon’s Handmade platform can now leverage the company’s 2-hour Prime Now delivery service.