Early in its life as a publicly traded company, SpaceX stock has shown little correlation with other large tech stocks.
QCOM's diversification gains momentum, but Apple exposure, handset weakness and margin pressure keep the buy case from turning decisive.
Qualcomm's Q3 revenue beat was offset by an earnings miss as record auto growth contrasted with handset weakness and continued margin pressure.
Spotify shares have risen 12.5% in four weeks as record margins, subscriber growth and pricing gains offset valuation and reinvestment risks.
SPOT's earnings growth, cash flow and expanding monetization support the bull case, but its premium valuation raises the bar for execution.
From Monte Carlo to Milan, the world of F1 has long been dripping with glamour, making stars out of drivers like Michael Schumacher and Lewis Hamilton, who are outshone only by the supercars themselves. “From 1950 until about 2016, it was pretty badly run,” says Markus Hansen, a portfolio manager at Vontobel Asset Management, which owns Liberty Media Series C Liberty Formula One shares. “In 2017, when Liberty Media took over Formula One, they brought a proper approach to running the business…to turning sports assets into viable financial businesses.”
Qualcomm's 30.6% slide reflects handset weakness and margin pressure, even as automotive growth and data center targets broaden its revenue mix.
Micron Unveils $10 Billion AI Memory Research Push in the U.S.
Apple is stacking catalysts at a pace the market has not seen in years, and the collision of new silicon, a redesigned iPhone lineup, and a long-awaited Siri AI reveal sets up a moment where getting the call wrong carries serious cost.
Qualcomm's non-handset business is inflecting fast enough that management expects it to replace the revenue Apple is taking away, and the first proof of that arrives in the December quarter.
Micron announced plans to invest $10 billion in Micron Research Labs, a new research institution headquartered in Boise, Idaho.
Only 11% of Gen Z consumers say brands understand them "really well," a disconnect that could have significant implications for loyalty, according to new research from Rival Technologies. The study of 903 Gen Z consumers across the United States and Canada found that those who feel understood are roughly nine times more likely to be unconditionally loyal to a brand than those who feel misunderstood: 45% vs 5%.
Dow Jones futures: Crude oil continues to climb while bitcoin jumped again amid a weak dollar. Walmart earnings are in focus.
Shares of Meta Platforms Inc. have been under pressure all year due to questions about its spending on artificial intelligence. But a trial accusing its social media platforms of targeting children goes beyond that, raising existential questions about the future of its core business.
Apple will be responsible for efforts to further develop the company’s investment, planning and advisory functions.
It's extremely difficult to think and act in a contrarian manner, but sometimes this path has greater upside.
The size of New York's tech talent workforce surpassed the San Francisco Bay Area for the first time as tech companies lay off workers, a new report from CBRE shows.
Apple (NasdaqGS:AAPL) has agreed to a simplified App Store commission structure in the European Union as part of its response to the Digital Markets Act, marking a significant policy shift for the platform. Regulators in Germany are requiring changes to Apple's app tracking transparency consent rules, which is expected to alter how iOS apps request and manage user tracking permissions. These regulatory moves target long standing antitrust concerns and could affect Apple's services business...
Hundreds of thousands of drone deliveries have already been completed so far this year, well up from years past, Amazon said Wednesday.