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(Bloomberg) -- Apple Inc. reported a deepening slump in China during the holiday quarter, even as total iPhone sales were stronger than expected and the company returned to revenue growth. Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoApple’s China Slump Deepens Even as Total Sales Grow AgainQQQ Up in Late Trading as Meta Soars, Apple Falls: Markets WrapMeta Plans $50 Billion Buyback in Bid...
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Amazon stock is up 7% after the company reported Q4 earnings. Is the stock a buy right now?...
Continue ReadingAmazon com reported strong growth in sales and profit for the end of last year as robust holiday spending online helped extend its recovery from a postpandemic slump. The e-commerce giant on Thursday also projected continued strength in the current quarter, thanks in part to interest in artificial intelligence that it said is driving healthy sales in its cloud-computing arm. Amazon’s results, amid a flurry of other solid financial reports by big tech companies, sent its shares up sharply...
Continue ReadingApple beat Wall Street's targets for its fiscal first quarter, thanks to iPhone 15 handset sales and services growth. But Apple stock fell...
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Amazon reported earnings after the bell Thursday...
Continue ReadingTesla CEO Elon Musk has a new social media target: Diversity, Equity and Inclusion...
Continue ReadingToday's big news is here after the closing bell: earnings reports from some of the biggest names in the market...
Continue ReadingApple CEO Tim Cook said the company is investing in AI capabilities and will announce more details later this year...
Continue ReadingApple CEO Tim Cook hinted late Thursday afternoon that the company would make an AI-related product announcements later this year. In remarks on Apple's earnings call late Thursday, Cook said the company will "continue to invest in technologies that will shape the future," including artificial intelligence. Meanwhile, Apple will begin shipping its Vision Pro mixed reality headset to customers on Friday...
Continue ReadingWednesday’s emotional Senate Judiciary Committee hearing grilling tech CEOs focused on Silicon Valley’s failures to protect kids online. But it also spotlighted Congress’ own glaring — and longstanding — inability to pass any meaningful legislation to rein in tech platforms...
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