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17, and a reduction of any level is likely to positively affect the stockmarket. High mortgage rates mean homeowners aren't looking for new digs, which means fewer houses on the resalemarket. This isn't a stock for the risk-averse investor, but it could be a fantastic stock over the long term.
But fans were understandably frustrated, especially when they hopped on over to the secondary or resale ticket market and found tickets for, in some cases, thousands of dollars. The things that this excludes, it excludes stock-based comp, depreciation, amortization, and other items.
The stockmarket has rebounded nicely from the 2022 lows, with the S&P up about 15.5% By the way, Apple 's market cap now tops $3 trillion. I'm Ron Gross sitting in for Dylan Lewis. Joining me today are Senior Analysts Andy Cross and Jason Moser. Fools, how you doing? Fools, believe it or not, 2023 is half over.
million annual resale transactions in time. million in the same period a year ago and includes noncash charges such as 36 million of noncash stock-based compensation expense and 22 million of depreciation and amortization expense. And that's what I think those are some of the market -- what's different in the market.
Recently, in the stockmarket, we are seeing the trends of reviewing the cross-holding of the shares. The outlook for capital investment, depreciation and amortization, and R&D expenditures for FY '25 remains unchanged. But now, your question will also pertain to the stockmarket fluctuation.
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