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Early this morning, Taiwan Semiconductor announced its net revenue for November came in at ~NT$206.03 billion, a decrease of 15.3% from October, and down 7.5% compared to last year. Given its position in the smartphone food chain, Taiwan Semi typically posts a sequential increase during November and then a downtick in December as the we approach a seasonal drop that occurs between the December and March quarters. Taiwan Semi's shares initially traded off on the news but there is a more insightful way to view its monthly revenue data...
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Despite rumors that they would arrive in October, Apple hasn't yet released its input peripherals with USB-C — but a leaker is predicting that they may be just around the corner...
Continue ReadingElectronics giant Apple (NASDAQ: AAPL) and e-commerce platform Shopify (NYSE: SHOP) have been big winners over the past five years. How much are investors paying for cash profits? Apple and Shopify have little in common...
Continue ReadingUK antitrust regulators are eyeing the relationship between artificial intelligence firm OpenAI and Microsoft (MSFT), which owns a 49% stake in OpenAI and now a non-voting seat on its board. Yahoo Finance Tech Editor Dan Howley details UK lawmakers' competition concerns over Microsoft's deepening relationship with OpenAI and whether officials are considering the tech giant to be skirting regulation by not going through with a full acquisition. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
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Ark Invest's thesis for Tesla — which has the stock trading at $2,000 a share by 2027 — is based largely on the firm's predicted value of the company's Full Self-Driving technology and the robotaxis that Ark thinks will follow. Wedbush Securities analyst Dan Ives is convinced that Tesla is a technology and artificial-intelligence play, rather than simply a car company. He told TheStreet in August that Tesla's Full-Self-Driving technology positions the company as one of the "best AI plays when you look down the road three to five years."...
Continue ReadingRising US-China tensions are putting pressure on Apple to diversify its manufacturing base. Apple is reportedly moving iPad product development resources to the south-east Asian nation for the first time. Scrutiny of Apple’s dependence on China, where it makes about 90 per cent of its products, intensified last year in a row over Chinese factory workers’ protests over lockdowns...
Continue ReadingDiscover the latest trends in the global electric vehicle market as EV sales surge, new records are set, and major players make significant strides in the.....
Continue ReadingEU antitrust regulators have been following very closely recent management changes at ChatGPT maker OpenAI as well as Microsoft's role, they said on Friday. "While this transaction has not been formally notified, the (European) Commission has been following very closely the situation of control over OpenAI already before the recent events involving its management, including Microsoft's role on the OpenAI board and the investment agreements between Microsoft and OpenAI," the EU competition enforcer said in an email...
Continue ReadingFading demand, likely price cuts and narrowing margins will weigh heavily on Tesla stock next year, argues Bernstein analyst Toni Sacconaghi...
Continue ReadingThis week, we're all being spied on — a little — while some sources are hearing news about iPhone 16 microphones, and others are having their lives saved by Emergency SOS on their iPhones...
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