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IBM stock gained in trading Monday after Goldman Sachs initiated coverage with a buy rating and price target of 200...
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The European Union has charged Apple (AAPL) under its Digital Markets Act, which could result in serious fines. The bloc alleges that the tech giant's App Store practices prevent app developers from directing consumers to cheaper services. TECHnalysis Research president and chief analyst Bob O'Donnell joins Market Domination to give insight into Apple's dealings with the EU's regulatory body and its investments in artificial intelligence. O'Donnell explains that the investigation is unlikely to conclude anytime soon: "There's no official word on part of this until March of 2025, so nothing right away," the chief analyst says. He argues that any stock reaction to the news may be premature, particularly given Apple's incentives to make changes: "I do think Apple is going to have to make some tweaks, some things that they don't necessarily want to do, but at the end of the day, again, it's an important enough market that they're going to have to follow some of these requirements that the EU is putting into place. And therefore, long term, I don't think the impact is that big of a deal as far as the value of the company and the way people view the stock." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino...
Continue ReadingMicrosoft stock notched an all-time high on Monday before retreating amid general weakness in tech stocks...
Continue ReadingGoogle Shopping GM Sean Scott says it’s “fiscally irresponsible” to start online shopping anywhere besides Google...
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European Union regulators on Monday accused Apple of violating the EU's Digital Markets Act with its App Store policies...
Continue ReadingNvidia slipped into correction territory as investors rotated out of AI's hottest play of the year...
Continue ReadingNORTHAMPTON, MA / ACCESSWIRE / June 24, 2024 / IBM: Diverse workforces are here to stay. Companies need to find new ways to manage them By Sarah Murray Originally published by The Financial Times on FT.com At IBM, the holistic approach extends beyond .....
Continue ReadingApple’s legal headaches mounted Monday with the news that European Union regulators found it in violation of a new law designed to rein in tech giants...
Continue ReadingWe recently published a list of the 12 Best AI Stocks Leading the ‘Big Tech Race’ to $4 Trillion According to a Famous Wall Street Analyst. Since Apple Inc (NASDAQ:AAPL) ranks 6th on the list, it deserves a deeper look. Wedbush Securities analyst Dan Ives has said in a fresh note that major tech giants are […]...
Continue ReadingThe move cements the iPhone maker as the tech company that EU regulators are targeting the most aggressively under its new law...
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