Apple stock rose after a report from research firm Counterpoint indicated strong initial sales of iPhone 16 handsets in China...
Continue ReadingStocks were mostly higher Friday following strong quarterly results from Netflix —one of the first Big Tech companies to report earnings—and after the hit another record close on Thursday. Netflix reported third-quarter revenue of $9.83 billion, beating analysts’ expectations of $9.77 billion. Total paid subscribers came in at 282.7 million, versus Wall Street’s estimate for 281.7 million...
Continue ReadingApple's iPhone 16 Sales in China Likely to Show 'Strong Rebound' Over Next Year, Wedbush Says...
Continue ReadingAssessing Apple's business model through return on invested capital reveals efficiency despite high earnings multiple. Read more about AAPL stock here...
Continue ReadingApple's iPhone 16 is outselling its predecessor in China by 20% in the three weeks since its release, according to a report...
Continue ReadingApple (AAPL) iPhone 16 sales in China grew by 20% in its first three weeks on the market, according to Counterpoint Research data. The National Highway Traffic Safety Administration (NHTSA) is leading a probe into Tesla's (TSLA) "Full Self-Driving" technology in its EVs following several crash reports. Tesla is currently expected to report its third quarter earnings results next week. Intel (INTC) aims to sell a minority stake in subsidiary chipmaker Altera Corporation. Seana Smith and Brad Smith report on these top trending stocks and stories. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan...
Continue ReadingLong-time cash-generating king Apple has recently hit fresh all-time highs, reflecting considerably bullish price action. Should investors take a closer look?...
Continue ReadingApple’s iPhone 16 sales in China look to have got off to a good start despite not having artificial-intelligence capabilities enabled...
Continue ReadingNvidia hit a new intraday all-time high of $140.87 on news that BAC had upgraded its fiscal 2025 EPS estimate. Learn more about NVDA stock here...
Continue Reading↗️ Netflix (NFLX): The streaming company reported its most-profitable quarter ever despite slowing subscriber growth. Shares jumped about 10% in morning trading. ↗️ Alibaba (BABA), PDD (PDD), JD.com (JD): American depositary receipts for major Chinese companies rose, following rallies in Hong Kong and mainland China...
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