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Nvidia's data center revenue has grown more than 676%, from $2.37 billion in fiscal Q2 2022 to $18.40 billion in fiscal Q4 2024. See why NVDA stock is a buy...
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In our last quarterly letter, our focus was on realism. We continue this reasoning with a contrarian take: you canât look too far into the future. Click here to read more...
Continue ReadingAnheuser-Busch InBev faces down first big union battle of 2024. UnitedHealth falls amid report DOJ has launched antitrust review. Apple cancels work on electric vehicle...
Continue Reading(Bloomberg) -- In abandoning plans for a self-driving car, Apple Inc. is giving up on billions in potential revenue and the dream of selling what one executive called “the ultimate mobile device.” The hope is that other big bets — including generative AI and mixed-reality headsets — can make up the difference.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tower Deal for $1 Reveals Anxie...
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Apple representatives met with U.S. Justice Department officials last week in a bid to persuade the agency not to file an antitrust suit against the iPhone maker, Bloomberg reported on Tuesday, citing people familiar with the matter. Antitrust enforcers, probing the company since 2019, allege that Apple has imposed software and hardware limitations on its iPhones and iPads to impede rivals from effectively competing, Bloomberg said. The company and its lawyers met with Assistant Attorney General Jonathan Kanter, who will make the final call on whether to file a suit, according to the report, adding that a lawsuit could be filed as soon as the end of March...
Continue ReadingThe major indexes are taking it easy as small caps lead, a healthy mix. Apple is shifting toward AI...
Continue ReadingAntitrust enforcers, probing the company since 2019, allege that Apple has imposed software and hardware limitations on its iPhones and iPads to impede rivals from effectively competing, Bloomberg said. The company and its lawyers met with Assistant Attorney General Jonathan Kanter, who will make the final call on whether to file a suit, according to the report, adding that a lawsuit could be filed as soon as the end of March. Both Apple and the Justice Department declined to comment on the report when contacted by Reuters...
Continue Reading(Bloomberg) -- Apple Inc. representatives met with the Justice Department last week in a final bid to persuade the agency not to file an antitrust suit against the company, according to people familiar with the matter.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsNvi...
Continue ReadingSoros Fund Management's portfolio value grew in Q4 2023 with top holdings in Splunk, AerCap, and Alphabet. Explore more here...
Continue ReadingAnnual Revenue Climbs 17% with Improved Margins and Strategic Focus on Profitability...
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