Tag AAPL

If you're subscribed to one of Apple's services — including Apple Music and Apple TV+ — you could be eligible for a piece of tech giant's $25 million settlement of a class action lawsuit. The case, Walter Peters v. Apple Inc., alleged that Apple was running "deceptive and misleading" advertisements for its Family Sharing feature which allows as many as six users to use Apple's subscription-based apps like News+, Music, TV+, and Arcade, in a story first reported by MacRumors. The ads were run across "virtually all" of the Apple App Store's subscription-based apps even though app developers of third-party apps had the choice to opt out of allowing a singular subscription to be shared by multiple people...

The rising tide of AI will lift some boats more than others...

In 2023, the Hollywood strikes brought the industry to a complete halt...

TheStreet's J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Tuesday, December 19th. In other news - if you were planning to buy an Apple Watch, you might want to move quickly. Apple will stop selling its Apple Watch Series 9 and Ultra 2 versions in the U.S. due to a patent controversy...

The so-called 'Magnificent Seven' - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG,GOOGL), NVIDIA (NVDA), Meta (META), Microsoft (MSFT), and Tesla (TSLA) - dominated the S&P 500 (^GSPC) in 2023, and continue to do so, accounting for more than 27% of the S&P 500's total market value. With Federal Reserve leadership now signaling potential interest rate cuts in 2024, which in turn is ecpected to fuel investor interest in the stock market, can the Magnificent Seven continue with their positive streak? Jeff Schulze, Head of Economic and Market Strategy at ClearBridge Investments, joins Yahoo Finance to give his perspective on the market and how he sees those stocks continuing to perform into next year. Says Schulze: "There's a lot of optimism that's priced into these stocks at the moment and I think although they may move up in an absolute basis, on a relative basis, if we do have a soft landing, I think that money is going to move into those areas that have seen the relative performance that we've seen from an outperformance perspective over the last month, so I think the catalysts are still there, but i think its going to be more of a stock picker's market in 2024 than what we've seen this year." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

Investing is a journey, not a destination...

(Bloomberg) -- This year’s run-up in technology stocks, and particularly chipmakers, has left many with price tags so lofty it may seem like now is the time for firms to split their shares. Most Read from BloombergApple Races to Tweak Software Ahead of Looming US Watch BanApple to Halt US Sales of Smartwatches After Patent LossWhat If Putin Wins? US Allies Fear Defeat as Ukraine Aid StallsGulf Splits Hinder US Efforts to End Houthi Ship AttacksNikola Founder Trevor Milton Sentenced to Four Years...

Several of the "Magnificent Seven" tech stocks are in focus this morning. Google-parent company Alphabet (GOOG, GOOGL) has agreed to pay a $700 million settlement in an antitrust suit targeting the tech giant's app store monopoly. This comes a week after Google lost a similar antitrust case filed by Epic Games. Apple (AAPL) is halting sales of its Apple Watch Series 9 and Ultra 2 products over a patent dispute with analysts wondering how much this will impact Apple's holiday sales. Lastly, Tesla (TSLA) reportedly seeks to increase hourly wages for Nevada gigafactory workers. Yahoo Finance Live examines these companies and what each event could mean for the Magnificent Seven stocks. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

The average brokerage recommendation (ABR) for Apple (AAPL) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?...

Companies in The News Are: AAPL, PLD, X, AES...