Impax Large Cap Fundâs equities posted marginally positive returns during a fourth quarter that was dominated by the US presidential elections and its ramifications...
Continue ReadingGoldman Sachs has cut its S&P 500 target for the second time this month as its economists raised their projection of a U.S. recession to 35%...
Continue ReadingChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership with Apple for its generative AI offering, Apple Intelligence, the release of GPT-4o with voice capabilities, and the highly-anticipated launch of its text-to-video...
Continue ReadingApple (AAPL) is in focus after France's antitrust watchdog organization fined the iPhone maker $162 million just ahead of US President Donald Trump's reciprocal tariff implementation. Madison Mills and Bullseye American Ingenuity Fund portfolio manager Adam Johnson examine Apple stock's price action and the factors at play. To watch more expert insights and analysis on the latest market action, check out more Catalysts here...
Continue ReadingShares of Apple Inc. (NASDAQ:AAPL) settled lower after Friday's session. Apple is reportedly making a change to its leadership structure by promoting Vanessa Trigub, signaling long-term succession planning for Senior Vice President Deirdre O’Brien. The company has decided to introduce a new position — vice president of stores and retail operations — and name Trigub to the role, according to a report by Bloomberg, citing people with knowledge of the matter. Trigub, who has been with Apple since 2...
Continue ReadingAlthough GameStop is back in the news, advisor Barry Ritholtz isn't taking the bait...
Continue ReadingThe Dow Jones is made up of 30 of the most established and influential companies in the market. But even blue-chip stocks can struggle - some are dealing with slowing growth, outdated business models, or increasing competition...
Continue ReadingThe French Competition Authority said Apple had abused its dominant position in the distribution of mobile applications for iOS and iPad devices...
Continue ReadingPARIS (Reuters) -Apple was hit with a 150 million euro ($162.4 million) fine by French antitrust regulators on Monday for abusing its dominant position in mobile app advertising on its devices via a privacy control tool. The fine - the first by any antitrust regulator over Apple's App Tracking Transparency tool - comes a year after the European Union hit the company with a 1.8 billion euro antitrust fine for thwarting rival music streaming services on its App Store. The head of the French Competition Authority dismissed worries that the decision would prompt retaliation from U.S. President Donald Trump who has threatened to slap fines on EU countries fining U.S. companies...
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