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The U.S. government's antitrust lawsuit against Apple draws on the watershed 1998 case that broke Microsoft's stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's Windows operating system two decades ago, and the government as a result may face a tougher time in taking on Apple, legal experts said. The Department of Justice, along with 15 state governments, accused Apple of unlawfully monopolizing the smartphone market through restrictions on app developers that curb choice and innovation, which it said forces consumers to pay higher prices...
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Sequoia Fund returned 27.83% in 2023 vs. 26.29% for S&P 500. Since June 2016, Sequoia and S&P 500 have compounded at 11.25% and 13.59%, respectively. Click here to read more...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingTepper is especially bullish about two members of the "Magnificent Seven."...
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Tesla has reduced its car production at its plant in China, Bloomberg News reported on Friday, as the U.S. electric vehicle-maker grapples with slow demand and strong competition in the market. The company earlier in March told employees at its Shanghai factory to lower output of both the Model Y sport utility vehicle and Model 3 sedan — the two types it makes in China — by working five days a week instead of the usual 6-1/2 days, the report said, citing people familiar with the matter. Tesla did not immediately respond to a Reuters request for comment...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingThe latest investor updates on stocks that are trending on Friday...
Continue ReadingReddit stock was falling back early on Friday after a spike on its first day of trading. Meanwhile, more details emerged about Microsoft's arrangements with Inflection AI...
Continue Reading1 Artificial Intelligence (AI) Growth Stock Created Many Millionaires and Will Continue to Make More
Microsoft is leaning on its storied history of innovation to lead the emerging artificial intelligence (AI) industry...
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