Apple CEO Tim Cook called the tech giant's AI features a 'compelling reason' to upgrade to its new iPhone 16...
Continue ReadingThe US added only 12,000 jobs in October, far less than the 100,000 economists had been expecting. The unemployment rate was unchanged at 4.1% It is the last major economic data point the Federal Reserve will have ahead of its decision next week. Another thing traders are watching is earnings. Amazon (AMZN) shares jumped after its third quarter earnings beat estimates, fueled by growth in its cloud business. Intel (INTC) saw its shares soar after the chip giant posted better-than-expected Q3 revenue and Q4 guidance. Apple (AAPL) also reported fiscal fourth quarter results on Thursday. The tech giant saw strong iPhone sales in the quarter, but that optimism was offset by continued weakness in China. Other trending tickers on Yahoo Finance include Peloton (PTON), Boeing (BA), and Atlassian (TEAM). Key guests include:8:30 a.m. ET - Kathy Jones, Charles Schwab Chief Fixed Income Strategist and Joe Brusuelas, RSM Chief Economist9:40 a.m. ET - John Vinh, KeyBanc Capital Markets Equity Research Analyst9:45 a.m. ET - Julie Su, Acting U.S. Labor Secretary10:40 a.m. ET - Tim Fiore, ISM Manufacturing Business Survey Committee10:50 a.m. ET - Vincent PIlette, Gen Digital CEO11:10 a.m. ET - Elizabeth Gore, Hello Alice Co-Founder and President...
Continue ReadingThe selloff in tech stocks comes as no surprise to those who anticipated the sequential decline in profits growth earlier this year. Read my market outlook here...
Continue ReadingApple notches record revenue but outlook disappoints, Amazon beats expectations driven by cloud services, and more news to start your day...
Continue ReadingApple Fiscal Fourth-Quarter Results Top Views Despite $10.2 Billion Tax Charge...
Continue Reading(Bloomberg) -- Apple Inc., heading into its most critical sales period of the year, sparked fresh concerns about revenue growth and lingering weakness in an intensely competitive China market.Most Read from BloombergIs Denver’s Big Bet on E-Bikes Paying Off?The Answer To Making Cities More Family-Friendly? CourtyardsChicago Mayor Seeks Property Tax Hike, Breaking Campaign VowNY Transit Agency Takes Next Step on Brooklyn-Queens Rail LinkA South Korean City Plays Matchmaker to Tackle a Fertility C...
Continue ReadingApple's AI researchers gave these AI systems a simple arithmetic problem that schoolkids can solve. The bots flunked...
Continue ReadingApple's sales in China fell by less than 1 per cent in last quarter, a mark of continuing decline for the US tech giant in one of its most important markets, as it tries to woo mainland officials while warding off growing competition. The iPhone maker's sales in the Greater China market - which includes mainland China, Hong Kong, Macau and Taiwan - fell to US$15.03 billion in the three months through September from US$15.08 billion in the same period last year, according to the company's latest...
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 are scheduled to report earnings Friday...
Continue ReadingChancellor Rachel Reeves went on Bloomberg TV this morning, seeking to quell worries in financial markets after her budget triggered a selloff in UK bonds...
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