Gold Silver Reports (GSR) – Futures rose above $52 a barrel in New York. The industry-funded American Petroleum Institute was said to report U.S. crude supplies fell 10.2 million barrels last week, according to people familiar with the data. Earlier, oil settled higher on renewed optimism that announced production cuts from the OPEC+ coalition will re-balance global markets, while Libya’s biggest field remained shut, taking supply off line.
Morgan Stanley
Apple Boosts Share Buyback Plan by $100 Billion, Lifts Dividend
Gold Silver Reports (GSR) – Apple Boosts Share Buyback Plan by $100 Billion, Lifts Dividend – The iPhone maker committed to spend an additional $100 billion in share repurchases, it said Tuesday in announcing quarterly earnings. That comes on top of the existing $210 billion buyback program to be completed during the fiscal third quarter.