Apple Inc. (NASDAQ:AAPL) is one of the AI Stocks Making Waves on Wall Street. On July 30, Morgan Stanley reiterated the stock as “Overweight.” According to the firm, One Big Beautiful Bill Act (OBBBA) will offer a significant boost to free cash flow (FCF) across the IT hardware sector. It noted that Apple is one of […]
Four of the "Magnificent Seven" reported earnings the week of July 28 — Microsoft (MSFT), Amazon (AMZN), Meta (META), and Apple (AAPL). The Transcript author and Mwango Capital founder Erick Mokaya shares his top takeaways from their earnings calls. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend.
↘️ Amazon (AMZN): The e-commerce behemoth reported strong sales and profit. But shares fell 8.3% because Amazon's cloud business didn't grow as much as its rivals’. Check out Heard on the Street's analysis.
US equities and Treasury yields declined Friday following a weaker-than-expected jobs report and the
(Bloomberg) -- Wall Street saw a broad flight from risk assets, with stocks sinking amid mounting signs of job-market weakness, President Donald Trump’s latest volley of tariffs and geopolitical worries. Short-term Treasury yields plunged the most since 2023 on bets the Federal Reserve will cut rates.Most Read from BloombergThe World’s Data Center Capital Has Residents SurroundedAn Abandoned Art-Deco Landmark in Buffalo Awaits RevivalWe Should All Be Biking Along the BeachBudapest’s Most Histori
Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive surprises than negative ones.
Whirlpool expects its performance to spin back around soon. The appliance maker on Monday cut its full-year profit guidance, posted a quarterly sales decline, and said it would lower its quarterly dividend. Chief Executive Marc Bitzer said the company’s results were affected by the Asian manufacturers it competes with rushing to get goods into the U.S. ahead of tariffs.
Find insight on Apple, Amazon, Palantir and more in the latest Market Talks covering Technology, Media and Telecom.
(Bloomberg) -- Apple Inc. Chief Executive Officer Tim Cook, holding a rare all-hands meeting following earnings results, rallied employees around the company’s artificial intelligence prospects and an “amazing” pipeline of products. Most Read from BloombergThe World’s Data Center Capital Has Residents SurroundedAn Abandoned Art-Deco Landmark in Buffalo Awaits RevivalWe Should All Be Biking Along the BeachBudapest’s Most Historic Site Gets a Controversial RebuildSan Francisco in Talks With Vander
“What is good for the Magnificent Seven names is not necessarily good for the rest of the equity market,” one strategist said, as stocks suffered their worst week since May.
Weak job growth, together with the latest wave of steep tariffs imposed by U.S. President Donald Trump, triggered a huge selloff in global stocks and the dollar on Friday, floored bond yields, and revived expectations of a Fed rate cut next month. Of course, bilateral trade deals could be struck and these levies may be lowered, but it is a reminder that the growth and inflation outlook is challenging at best.
The Dow Jones Industrial Average got hammered Friday, as investors sold stocks across the board following slower-than-expected growth in the U.S. labor market and new tariffs ordered by President Donald Trump.
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Apple stock slid Friday despite the iPhone maker's better-than-expected June-quarter results, showing that it's still in the investor doghouse.
SAN FRANCISCO (Reuters) -A measure added into a massive U.S. defense spending bill in recent weeks will, if passed, ask the Pentagon to determine whether one of Apple's display suppliers should be listed as a Chinese military company. Being on the list does not block companies from doing business in the U.S. but will in coming years block them from being part of the U.S. military's supply chain. The bill, known as the National Defense Authorization Act, was approved in July by key committees in both houses of the U.S. Congress.
Apple’s iPhone sales jump more than 13% in the tech giant’s fiscal third quarter but the stock trades lower, while Amazon falls on a weaker-than-expected forecast for third-quarter operating income.
Markets are assessing the reshaped US trade landscape after Trump on Thursday laid out steep new tariffs for dozens of countries.
Amazon, Apple and other tech companies saw strong demand from U.S. shoppers. Their assessments clash with the market’s dour mood over slower hiring and higher inflation.
US benchmark equity indexes and Treasury yields tumbled intraday after the July jobs report came in
Dan Ives says Apple’s biggest Q3 win came from where few were looking.