Microsoft Corp shares surged 8% premarket on Wednesday and lifted tech stocks after the company's robust earnings eased fears of a slowdown in cloud computing and boosted confidence that artificial intelligence will become a major growth driver.
Montana Governor Greg Gianforte is seeking to broaden a bill that will ban not just TikTok, but other social media applications that provide certain data to foreign adversaries, the Wall Street Journal reported on Tuesday.
South Korean display panel maker LG Display on Wednesday posted its fourth straight quarterly loss, trailing estimates, as global demand for devices like computers and monitors remained depressed amid an uncertain economic climate.
South Korean display panel maker LG Display posted on Wednesday its fourth consecutive quarterly loss, as global demand for electronic devices such as computers and monitors remained depressed amid an uncertain economic climate.
Taiwan's export-dependent economy likely slipped into a recession in the first quarter, a Reuters poll showed on Wednesday, weighed down by sluggish demand for technology products amid global economic woes.
Tech stocks were sharply lower late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 1.8% and the Philadelphia Semiconductor index falling 2.9%.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Apple Inc (Symbol: AAPL), where a total volume of 436,684 contracts has been traded thus far today, a contract volume which is representative of approximately 43
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR Portfolio S&P 500 ETF, which added 13,800,000 units, or a 4.2% increase week over week. Among the largest underlying components of SPLG,
EU draft rules aimed at staving off spats over patents essential to key technologies for telecoms equipment and connected cars appear to put the onus and cost on patent owners, which could undermine Europe's leadership in such areas, Nokia said.
Snap (NYSE: SNAP) announces earnings this week, and the company continues to face pressure to lower costs and improve revenue. But a new product called Snapchat+ is performing better than expected and could drive the company's revenue growth as soon as this quarter. Travis Hoium
Meta Platforms’ META first-quarter 2023 results, set to be reported on Apr 26, are expected to suffer from weak advertising revenues.The Zacks Consensus Estimate for first-quarter advertising is pegged at $26.59 billion, down 1.5% year over year. Our estimate stands at $2
Apple (NASDAQ: AAPL) has managed an incredible growth story and is worth more than $2 trillion, making it the most valuable company in the world. As a company gets larger, growing at the same pace gets much harder as growth opportunities get exhausted. For a company the size of A
There's nothing quite as nasty a surprise as seeing one of your investments slash its dividend. It's basically the same feeling as waking up one day and seeing that you got a pay cut when you were expecting a raise. And to make matters worse, if a company was paying a growing div
Fox Corp.’s (FOXA) shares tumbled 2.9% after Fox News’ prime-time host Tucker Carlson left the company following its settlement in Dominion Voting Systems’ defamation lawsuit.Albemarle Corp.’s (ALB) shares jumped 5.9% after CEO Kent Masters said that its existing mine and
Specialty glass maker Corning Inc beat profit estimates for the first quarter on Tuesday as price hikes more than made up for higher raw material costs and a demand slowdown.
Alibaba's AliExpress, Amazon's Marketplace, Apple's App Store and 16 other tech companies will be subject to new EU online content rules as of August, EU industry chief Thierry Breton said on Tuesday.
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
Warren Buffett's illustrious career as an investor began at age 11. He has succeeded through multiple stock market cycles, economic crashes, presidents, and even geopolitical conflicts.
Alibaba's AliExpress, Amazon's Marketplace, Apple's App Store and 16 other tech companies will be subject to new EU online content rules as of August, EU industry chief Thierry Breton said on Tuesday.
Last year, investors endured the worst bear market since the Great Recession. And while markets are up so far in 2023, some analysts say a recession could lead to another correction. That's not to say we will get another bear market -- meaning a market that's down 20% or more --