Wall Street’s fears about Apple’s prospects in the region look like “a horror show” right now, said one analyst...
Continue ReadingBerkshire is the second-largest holder of the stock. It sold 1% of its position in the last quarter of 2023...
Continue ReadingApple is winding down Project Titan, as the EV space has shrinking margins, making it difficult to maintain profitability. Read what's next for AAPL stock...
Continue ReadingWe also talk with Carrie Sun, author of "Private Equity," for a behind-the-scenes look at life at a hedge fund...
Continue ReadingA federal appeals court on Tuesday refused to hold five major technology companies liable over their alleged support for the use of child labor in cobalt mining operations in the Democratic Republic of the Congo. In a 3-0 decision, the U.S. Court of Appeals for the District of Columbia ruled in favor of Google parent Alphabet , Apple, Dell Technologies, Microsoft and Tesla, rejecting an appeal by former child miners and their representatives...
Continue Reading(Bloomberg) -- Apple Inc.’s move to shutter its electric car efforts and divert those resources to artificial intelligence projects might have emboldened traders a year ago. Instead, the stock’s slump has only deepened.Most Read from BloombergApple’s iPhone Woes in China Deepen With a 24% Sales PlungeGold Climbs to Record as Momentum Builds on Bets Over Fed PivotAmerica Blew Almost $2 Trillion. Make It Stop.Tech Giants Drag Down US Stocks After Torrid Rally: Markets WrapAMD Hits US Roadblock in...
Continue ReadingStock market indices have been propped up on the success of the Magnificent Seven tech stocks up until late. As market gains begin to slow, is the aptly named tech stock group likely to become a set of laggards rather a catalyst? BTIG Managing Director and Chief Market Technician Jonathan Krinsky speaks on the bifurcation now evident, namely in Magnificent Seven components like Apple (AAPL). "The two longest streaks we saw were in 2006 and 2014. So when they ended, neither of them marked any sort of major top," Krinsky tells Yahoo Finance. "We're certainly overdue for maybe a bit of a shakeout. And then within the Nasdaq 100, we are starting to see some dispersion and bifurcation... where last year was pretty much a uniform move higher for the Magnificent Seven. We've now started to see that breakdown..." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan...
Continue ReadingAlphabet (GOOGL) introduces a new feature on Google Maps that shows entrances for buildings, bolstering its Android offerings...
Continue ReadingWeakness in China is the latest sign that Apple is in a rough patch. The stock has lost 9% this year...
Continue ReadingApple's petulant stance towards regulation contrasts sharply with Google's calmer approach...
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