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Amazon (AMZN) possesses solid growth attributes, which could help it handily outperform the market...
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The European Union is currently taking measures to curb the power of tech giants, and it's increasingly looking like it may block Apple's App Store rules that apply to music streaming services within its jurisdiction...
Continue ReadingChairman Jay Powell leans dovish after Fed keeps rates on hold. Fed projection pencil in 3 rate cuts next year. Stocks rally, Treasury yields fall as Dow Jones tops 37K...
Continue ReadingGeneral Motors says it's just trying to help. When the automaker earlier this year said it would be phasing out Apple CarPlay and Google's Android Auto, the company suffered the slings and arrows of outraged customers who wanted to connect their phones to their cars...
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Oracle (ORCL) achieves the milestone of being the first hyperscale to establish two cloud regions in Chile...
Continue ReadingDominating the tech-heavy S&P 500 (^GSPC) this year were the Magnificent Seven tech stocks — Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META), Microsoft (MSFT), and Tesla (TSLA) — which are up around 70% year-to-date. Many of these companies have, in some form or another, implemented the buzziest tech of Wall Street: Artificial intelligence. With such a strong performance, it begs the question of whether these companies and AI have hit their peaks or will they continue to grow in 2024? TECHnalysis Research, LLC President and Chief Analyst Bob O'Donnell joins Yahoo Finance to discuss AI and its use within these companies as we head into 2024. "You think about things like Microsoft's 365, Google's Workspace. Now, what's happening is really it's been a tech industry discussion and a little bit of a financial industry discussion, but those tools are starting to get into the hands of people, and really, we won't see that until 2024," O'Donnell says. "And I think a lot of people are just going to have their minds blown by this stuff, because it really is powerful stuff." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingApple is rolling out an iPhone security update to keep thieves out of your device...
Continue ReadingApple is expected to be hit by a ban on its App Store rules that govern some music-streaming services and a potential hefty fine from European Union regulators, Bloomberg News reported on Wednesday. EU authorities are putting the finishing touches to a decision that would prohibit Apple's practice of blocking music services from pushing their users away from App Store to alternative subscription options, the report said, citing people familiar with the investigation. The decision is slated for early next year and Apple could face a fine of as much as 10% of its annual sales, Bloomberg reported...
Continue ReadingApple is rolling out the feature to beta testers first before the wider public can get its hands on the update...
Continue ReadingEU authorities are putting the finishing touches to a decision that would prohibit Apple's practice of blocking music services from pushing their users away from App Store to alternative subscription options, the report said, citing people familiar with the investigation. The decision is slated for early next year and Apple could face a fine of as much as 10% of its annual sales, Bloomberg reported. The probe was sparked by a complaint nearly four years ago from Sweden's Spotify Technology, which claimed it was forced to ramp up the price of its monthly subscriptions to cover costs associated with Apple's App Store rules...
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