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Apple Inc. posts record earnings and strong services growth, offsetting China sales dips. Click to discover why AAPL stock is now upgraded to a Strong Buy...
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Ballooning capital expenditures on data centers for artificial intelligence will benefit the entire tech stack of computer gear makers, analysts say...
Continue ReadingThe Dow lost steam on Thursday after the blue-chip index neared its highest levels on record. The S&P 500 was down 0.6%, while the Nasdaq Composite was down 1.2%. The Dow is generally less exposed to Big Tech than the other major indexes because it weighs members by stock prices and lacks key Magnificent Seven stocks like Meta Platforms, Alphabet, and Tesla, but Microsoft, down 3.3%, shaved 110 points due to its large stock price...
Continue ReadingThese two cloud computing leaders have a better growth trajectory than the iPhone maker...
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Stock Market Today: The Dow Jones index rises while the Nasdaq drops with Meta stock plunging. Chipotle sinks...
Continue ReadingApple and Amazon are due to post earnings after Thursday's market close. Apple, whose market value closed above $4 trillion for the first time Wednesday, edged higher another 0.6% today. Amazon shares were down about 2%...
Continue ReadingAbout 2,000 unionized delivery drivers accepted a buyout offer from UPS in the third quarter, according to an estimate by Satish Jindel, a long-time parcel shipping consultant and president of ShipMatrix. UPS CEO Carol Tomé said during Tuesday’s earnings briefing that the buyouts will cost the company $175 million. The Atlanta-based parcel logistics giant has […] The post 2,000 drivers left UPS after taking buyouts, analyst says appeared first on FreightWaves...
Continue ReadingIntelligent Alpha Founder and CEO Doug Clinton joins Market Catalysts host Julie Hyman to react to Amazon's (AMZN) latest layoff announcement and what it could signify ahead of the company's earnings results on Thursday. Also hear Doug Clinton's other thoughts around AI capex spending, Nvidia's (NVDA) latest partnership announcements, and why an investment into Microsoft (MSFT) is still the best exposure to OpenAI (OPAI.PVT). To watch more expert insights and analysis on the latest market action, check out more Market Catalysts...
Continue ReadingMicrovast's solid-state battery innovation and ARM's chip architecture leadership highlight two paths in tech growth...
Continue ReadingBy Akash Sriram (Reuters) -EnduroSat said on Thursday it has raised $104 million from investors, Google Ventures and the European Investment Council Fund, as the Bulgaria-based company scales up...
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