Apple Inc supplier Foxconn reported on Monday a 1% drop in second-quarter net profit, as global economic woes hurt demand for smart consumer electronics.
SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), a $100 billion investment fund it raised in 2017, according to people familiar with the matter, potentially delivering a win for investors who have waited years for strong returns.
SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), a $100 billion investment fund it raised in 2017, according to people familiar with the matter, potentially delivering a win for investors who have waited years for strong returns.
Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability an
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), the conglomerate that Warren Buffett has run for nearly 60 years, owned a lot of different stocks over the years. Some didn't work out, but some of them turned out to be huge wins.
The bigger the better? Warren Buffett might seem to think so. He has loaded Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio with large-cap stocks. Nine of the 50-plus stocks that Berkshire Hathaway owns are mega-caps with market caps of $200 billion or more.
Thanks to guidance from mobile chipmakers in recent months, it was no surprise that Apple (NASDAQ: AAPL) reported sluggish iPhone sales for its quarter ended June 2023. The tech titan's phone revenue declined 2% year over year or notched a slight increase when excluding the effec
With earnings season well underway, investors are watching pretty much every industry closely. Banks, for example, need to show they can continue benefiting from the rising rates cycle, while tech needs to show it's finally returning to consistent growth. Both industries have se
Australia-listed investment firm GQG Partners added more shares of Nvidia Corp in the second quarter, ending June with $5.9 billion invested in the chipmaker, according to regulatory filings on Friday.
Russia's ministry of digital development has banned employees from using Apple iPhones and iPads for work purposes, Interfax news agency reported on Friday citing the minister, Maksut Shadaev.
The NASDAQ 100 After Hours Indicator is down -9.23 to 15,018.84. The total After hours volume is currently 64,156,324 shares traded.The following are the most active stocks for the after hours session: Transocean Ltd. (RIG) is +0.02 at $8.62, with 4,914,835 shares traded. RIG's
Microsoft stock is underperforming its FAANG rivals, allowing investors to scoop up shares of this well-positioned player in the cloud computing and AI industries as the broader tech sector pulls back from year-to-date highs.
What happened
Innodata (NASDAQ: INOD) stock is soaring today following the publication of the company's second-quarter earnings results. The data services company's share price was up 22.1% at 11:30 a.m. ET according to data from S&P Global Market Intelligence.
The S&P 500 and Nasdaq fell on Friday as rate-sensitive megacap growth stocks declined after hotter-than-expected producer prices data for July sent U.S. bond yields higher.
After cutting thousands of jobs and reducing some operating costs, Alphabet (GOOGL ) generated nearly $29 billion of cash in the second quarter. That left the company with cash and short-term marketable securities of about $118 billion, more than any other company in the Nasdaq 100 Stock Index ($IUXX )...