Insightful Analysis of Apple's Financial Health and Strategic Position...
Continue ReadingSo far, at least, there hasnât been much to alter the longstanding market narrative of a soft landing with the continuation of the growth cycle at a more moderate pace...
Continue ReadingThe CMEâs Fedwatch tool shows a 99.4% probability of a 25 basis point rate cut next Thursday, November 7th, 2024...
Continue ReadingWe've received quarterly results from six members of the Magnificent 7, with AI-favorite NVIDIA now the lone standing member. How did they perform?...
Continue ReadingAs US stocks (^DJI, ^IXIC, ^GSPC) are looking ahead to next week's lineup — the 2024 presidential election and the Federal Reserve's November FOMC meeting — let's look back on some of the day's biggest market trends. Yahoo Finance markets and data editor Jared Blikre comes on Asking for a Trend to recap the five-day moving average on the megacap tech stocks that reported earnings this week — including the Magnificent Seven's Alphabet (GOOG, GOOGL), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), and Microsoft (MSFT). He also monitors pre-election volatility's (^VIX) influence on Treasury yields (^TYX, ^TNX, ^FVX), and bitcoin's (BTC-USD) year-to-date pullback as it rallies ahead of the election and flirts with staying above its $70,000 benchmark. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan...
Continue ReadingAll five Big Tech firms delivered impressive results this past week, but AI spending once again dominated the conversation...
Continue ReadingGlobalstar's alliance with Apple drives 64% stock surge, boosting satellite network and global mobile services...
Continue ReadingApple's (AAPL) earnings bring Apple Intelligence into focus as the iPhone maker rolls out its artificial intelligence (AI) features, hoping to drive an accelerated device upgrade cycle. Creative Strategies CEO and principal analyst Ben Bajarin joins Market Domination Hosts Julie Hyman and Josh Lipton to discuss the balancing act Apple needs to perform in building excitement around Apple Intelligence to drive upgrades while not overpromising and disappointing users. Bajarin talks about the "unpredictability" that Apple Intelligence presents for Apple and investors trying to gauge how the tech could drive an upgrade cycle. "It's been hard to look back on the history of a couple [of] decades of consumer electronics and really see software itself drive a hardware cycle. It's typically been very hardware-driven, and I think that's the hardest comp that many of us are having to make is to really look at how much of a software angle is actually going to drive a hardware cycle when.... that's not really a comp that we've had before." "I think Apple Intelligence is the most mature kind of consumer AI implementation at a system level for customers," he says, but notes that "Apple's now got to go market and tell that message and make it clear to consumers why are they going to want to use these features." The analyst says while Apple is "in a unique position to onboard and help mature experiences with this software," he worries "that people are coming from either too high of expectations or really no expectations at all because it's not really a driver for them to go and want to use these devices." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan...
Continue ReadingThe Dow Jones rallied after a soft jobs report on Friday. Apple fell while Amazon soared after earnings. Warren Buffett's Berkshire on deck...
Continue ReadingApple stock falls after the iPhone maker issues cautious guidance for the holiday quarter, Amazon’s earnings beat Wall Street estimates, and Intel sees fourth-quarter earnings topping forecasts. Exxon Mobil and Chevron report earnings Friday...
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