The chip maker's relationship with Apple remains a question over its shares after its earnings beat...
Continue ReadingMuch of the testimony and evidence in the important antitrust case against Google is hidden from the public, making a mockery of free access to the federal courts...
Continue ReadingShopify posted a strong double beat in Q3 in line with our previously discussed expectations, underscoring a swift and solid comeback from its 2022 struggles. Read more here...
Continue ReadingApple even brought to market a new Apple Pencil. All of this positions Apple strategically to capture wallet share from increasingly strapped consumers who are pressured by inflation and high interest rates. More importantly, Apple's latest round of new products increases the odds of the iPhone maker returning to growth during a quarter in which it typically rakes in the lion's share of its annual net income...
Continue ReadingApple, the world’s most valuable company, has been the subject of negative chatter in recent weeks heading into quarterly results due Thursday. "Right now, the overall sentiment of Apple on the Street is a negative "groupthink mentality" heading into the print that we view as very disconnected from the current iPhone 15 growth we see in the field based on our recent checks and trip to Asia that gives us a high level of confidence in owning Apple at these levels" said Dan Ives, analyst at Wedbush Securities, in a note to clients. China is the second-largest market for Apple after the U.S...
Continue ReadingAmazon's Q3 2023 results and outlook confirm that ad spend is rebounding. Read why we still expect AMZN stock to outperform the peer group in 2024...
Continue ReadingInvesting.com -- U.S. futures point into the green, as markets examined statements from Federal Reserve Chair Jerome Powell following the central bank's decision to keep interest rates steady for a second straight meeting. Apple (NASDAQ:AAPL) gears up to unveil its latest three-month earnings, with analysts also eager for any guidance from the tech giant on trading during its crucial December quarter. Shell (LON:SHEL) bumps up its share buybacks, boosting shares in the oil group...
Continue ReadingAs sales of personal computers soared during the pandemic, you could almost hear PC makers saying, “We told you so.” With everyone stuck at home in 2020 and 2021, global PC sales surged nearly 25%. This time, PC makers like Dell Technologies (ticker: DELL), HP (HPQ), and Lenovo Group (LNVGY) are taking a different approach to rev up sales: The PC business is going all in on artificial intelligence...
Continue ReadingApple reports financial results for the September quarter after the close of trading on Thursday, and all eyes will be on the progress of the company’s recently launched iPhone 15 smartphones. What the Street most wants from Apple is a reason for optimism that it can meaningfully break out of its recent malaise. Analysts expect revenues to decline from the year-ago level for a fourth straight quarter...
Continue ReadingIndia's cyber security agency is investigating complaints of mobile phone hacking by senior opposition politicians who reported receiving warning messages from Apple, Information Technology Minister Ashwini Vaishnaw said. Vaishnaw was quoted in the Indian Express newspaper as saying on Thursday that CERT-In, the computer emergency response team based in New Delhi, had started the probe, adding that "Apple confirmed it has received the notice for investigation". A political aide to Vaishnaw and two officials in the federal home ministry told Reuters that all the cyber security concerns raised by the politicians were being scrutinised...
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