The April Jobs Report, the Regional Bank Reckoning, and Apple's Earnings Beat 05/05/23
The April jobs report is out this morning, with economists expecting employers to have added 180,000 net new jobs last month. University Hospital CEO Edward Jimenez explains what his hospital is seeing. Plus, the regional bank ETF is on pace for its worst week since early March when Silicon Valley Bank collapsed. RBC Capital Markets' Gerard Cassidy weighs in on the sector. And, Apple shares are higher after the company beat on earnings due to an increase in iPhone sales. Oppenheimer's Martin Yang discusses why he's raising his price target of the stock.
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