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Investing.com-- Samsung Electronics (KS:005930) said on Tuesday that its fourth-quarter operating profit likely fell by about 35%, as a sluggish recovery in demand for the firm’s key memory and smartphone chips dented revenue...
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OpenAI on Monday pushed back against a lawsuit filed last month by the New York Times alleging that the artificial intelligence juggernaut violated copyright law by using Times journalism to train its systems, calling the suit “without merit.”...
Continue ReadingApple on Monday revealed that its augmented reality headset, the Apple Vision Pro, will hit the U.S. market in early February with a starting price tag of $3,499...
Continue ReadingBarclays cut its workforce by around 5,000 last year as part of an ongoing push to strip costs from the lender...
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In response to a Journal article, the billionaire said he hadn’t tested positive for drugs and if drugs improved his productivity, “I would definitely take them!”...
Continue ReadingApple's high-priced headset for toggling between the real and digital world will be available in its stores beginning Feb. 2, launching the trendsetting company's push to broaden the appeal of what so far has been a niche technology. Apple unveiled the sleek $3,500 goggles at a software conference held at its Cupertino, California, headquarters eight months ago — an event that was designed to encourage developers to make apps tailored for a device that projects users into three-dimensional simulations of reality. Apple's announcement coincides with a major consumer electronics show in Las Vegas where the company has long been conspicuously absent...
Continue ReadingToday's Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), UnitedHealth Group Incorporated (UNH) and Exxon Mobil Corporation (XOM)...
Continue ReadingBATT focuses on companies involved in battery metals production, EVs, and battery technology and manufacturing. Read why I rate BATT ETF a Strong Sell...
Continue ReadingApple has challenged EU tech rules designating its five App Stores as a single core platform service subject to onerous obligations, saying that EU regulators have misinterpreted and misapplied the new legislation that took effect last May. The European Commission made "material factual errors, in concluding that the applicant's five App Stores are a single core platform service," Apple said in its plea to the Luxembourg-based General Court, Europe's second-highest. The company in its argument to the EU competition enforcer said it operates five App Stores on iPhones, iPads, Mac computers, Apple TVs and Apple Watches, with each designed to distribute apps for a specific operating system and Apple device...
Continue ReadingA report from the Wall Street Journal claims that Elon Musk's use of illicit drugs has worried board members and executives from his various companies (Musk claims he is subjected to random drug testing by NASA). Elon Musk recently had a string of controversial statements and moves causing many conversations around leadership of his companies, including Tesla (TSLA) and SpaceX. Craig Irwin, ROTH MKM Senior Research Analyst, joins Yahoo Finance to discuss this latest report from the Wall Street Journal and how Elon Musk has shaped the industries he has worked in. Irwin comments on the report : "I think this has been known to people in government for many years. I first had a conversation with someone in a relevant entity about this more than five years ago and I think that there are several other people that could have been highlighted in that article. It smells like a hit piece. 'Why now?' is the bigger question. You know, it doesn't make a lot of sense to me, given that Tesla's really executing. They're doing a phenomenal job at SpaceX. We could talk about real risks that don't have anything to do with Elon's recreational chemistry." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino...
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