A number of stocks jumped in the afternoon session after blockbuster quarterly results from tech titans Apple and Amazon boosted investor confidence, supported by impressive earnings from key cloud and crypto leaders, Cloudflare and Coinbase...
Continue ReadingDave Richardson held the highest position overseeing the company's software, which included digital products and advanced driver-assistance systems...
Continue Reading“The market is entirely too complacent about downside risks,” says one observer. The troubles go beyond a few rough earnings reports...
Continue ReadingApple's Growth Back On Track: Wedbush Boosts Price Target, Says AI Could Add $100/Share...
Continue ReadingUS equity indexes traded mixed after midday Friday as a rally in Amazon (AMZN) shares boosted the Na...
Continue ReadingThe company’s earnings reassured investors about both demand for iPhones and revenue from the services business...
Continue ReadingApple delivered a surprise sales decline in China while also topping revenue estimates. Craig Moffett, founding partner and senior research analyst at MoffettNathanson, discusses the earnings report on "Bloomberg Open Interest."...
Continue ReadingThe benchmark is poised to notch its sixth-straight month of gains after soaring nearly 40% from its April nadir in one of the fastest recoveries in stock market history. Amazon shares surged after its cloud unit posted the strongest growth rate in almost three years. Apple projected a jump in sales over the holiday season after releasing new iPhones, helping to assure investors that its flagship product remains a growth engine...
Continue ReadingThe company laid out $12.7 billion in capital expenditures in the entire year, far from the amounts companies such as Meta Platforms, Alphabet, and Microsoft have spent...
Continue ReadingApple’s iPhone 17 lineup is turning out to be a decent seller. Investors are weighing both factors in the wake of Apple’s fiscal fourth quarter report late Thursday. Apple used the report to project better-than-expected iPhone revenue for its first quarter that ends in December...
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