Apple has delivered incredible returns for long-term investors...
Continue ReadingApple CEO Cook outlined four specific attributes that make for successful hires...
Continue ReadingThe stock market retreated this week amid earnings from Microsoft, Amazon, Meta, Apple, Google and many more, along with preelection jitters...
Continue ReadingApple stock retreated Friday after the consumer electronics giant offered weak sales guidance for the December quarter...
Continue ReadingShares of Globalstar jumped over 30%, while Apple was down around 1.4% a day after it forecast tepid quarterly revenue growth. Under the funding agreement, Apple will commit $1.1 billion in cash and also purchase 20% equity in Globalstar for $400 million. Globalstar also said it will allocate 85% of its network capacity to Apple...
Continue ReadingU.S. equities opened November on a positive note at midday, with tech stocks getting a lift from Amazon's earnings...
Continue ReadingTop Midday Stories: Amazon Shares Rise on Earnings Beat; Union Endorses Boeing's Latest Contract Proposal...
Continue ReadingDespite Fiscal Hurdles, Apple's AI Strategy Drives Positive iPhone Sales Shift...
Continue ReadingAAPL's fourth-quarter fiscal 2024 results benefit from strong services growth. However, modest growth prospects should keep investors on the sidelines...
Continue ReadingArtificial intelligence (AI) has been at the top of investors' minds amid the third quarter earnings season as "Magnificent Seven" names like Meta Platforms (META), Microsoft (MSFT), and Amazon (AMZN) bring capital spending into focus. Morning Brief Hosts Seana Smith and Brad Smith sit down with Nina Schick, an author, adviser, and speaker specializing in generative AI, to discuss what's going on in the AI space. "The fundamental point here is that we really are moving toward a platform shift in the sense that we are moving from the age of information to the age of intelligence," Schick says, adding, "If we really are to bring to light some of these kind of capabilities that have been promised by artificial intelligence, guess what? It requires a lot of big infrastructure spend." Watch the video above for more on Schick's insights on AI competition among Big Tech players, the importance of AI infrastructure, and more, watch the video above. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan...
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