Apple (AAPL) reported the type of quarter that should have sent its stock price skyrocketing. Revenue rose 16% from a year earlier to $109 billion, while profit increased 26% to $29 billion. iPhone sales jumped 22%, Mac revenue climbed 25%, and the iPhone 17 produced the biggest product launch in ...
Apple‘s latest earnings call revealed a wave of K-12 districts abandoning Chromebooks and Windows machines in favor of the company’s new MacBook Neo, with Chief Financial Officer Kevan Parekh naming specific schools driving the shift. Districts Go All-In on MacBook...
Tim Cook spent part of July 30 thanking Apple shareholders at the end of what he confirmed would be his last earnings call as CEO. John Ternus takes over Sept. 1, and Cook moves to executive chairman. The farewell was warm. The statement that followed was not. Cook described Apple's memory cost ...
Apple Inc. said its red-hot Services division lost some momentum in the fiscal third quarter, with CFO Kevan Parekh pointing to an unusual culprit: there was no blockbuster “F1“ movie release this year to boost Apple TV+ revenue. Apple’s fiscal...
Apple's new Upgrade program is the latest sign that smartphone ownership is changing.
Apple's Q3 was impressive, but margins look set to come down.
Qualcomm's handset business is under pressure. But experts say its expanding AI and connected-device ecosystem represent the bigger story.
Should you buy Apple at a near-$5 trillion valuation?
Apple just posted a quarter that looked flawless until you find the hidden ingredient propping up its margins, and now the stock trades above what 47 analysts think it is worth.
Nvidia stock dropped more than 8% over the past three months.
iPhone and iPad maker Apple (NASDAQ:AAPL) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 16.4% year on year to $109.4 billion. Its non-GAAP profit of $2.02 per share was 7% above analysts’ consensus estimates.
Investing.com -- South Korean exports grew faster than expected in July, supported by strong global demand for semiconductors and computers used in artificial intelligence infrastructure, preliminary trade data showed on Saturday.
Ever the Apple Inc. (NASDAQ:AAPL) bull, Jim Cramer is nothing but ecstatic about the firm’s recent fortunes. With a market capitalization of $4.90 trillion when Cramer made his remarks, the firm was the most valuable company in the world once again after losing the place to NVIDIA. Most of the debate surrounding Apple Inc (NASDAQ:AAPL) […]
Component constraints are slowing the tech titan's growth.
As is the case with all mobile carriers, T-Mobile US Inc. (NASDAQ:TMUS)’s story also revolves around the firm’s subscriber base. More subscribers mean more revenue and happy investors. On this front, the firm’s shares closed a strong 10.7% lower on July 23rd. The dip came after the firm’s second quarter earnings report. Among other factors, […]
One dominates in size and growth, but the other trades at a lower valuation and higher yield. Discover which is the better dividend stock.
STORY: Wall Street ended higher on Friday, with the Dow adding more than half a percent, the S&P 500 gaining seven-tenths of a percent and the Nasdaq climbing one percent.:: AmazonAmazon surged more than 15% after the tech giant posted its biggest quarterly revenue growth in over four years. Its results, along with a similar report from Microsoft this week, alleviated investor concerns about potential overspending on AI data centers.Meanwhile, shares of Apple tumbled more than 7% after a disappointing forecast showed that the iPhone maker was struggling to secure enough components, as the AI-driven data center boom strains global supply chains.Friday marked the end of a bumpy week for stocks that included a Fed policy meeting in which the central bank left rates unchanged - but with three dissenters pushing for a 25 basis point hike.Dean Smith is chief strategist & portfolio manager at FolioBeyond."I think there was a decent case to be made that a hike is in order. Inflation, we had a slightly softer print on the most recent one, but inflation is now running well above Fed's 2% stated target. It's higher now than it was a year ago and it seems to be reaccelerating. [FLASH] So it was a close call probably, but I think, you know, if I had been on that voting committee, I would have voted for a rate hike as well.":: ArchiveOther stocks on the move Friday included Monolithic Power Systems, which rose more than 8% after forecasting third-quarter revenue above estimates.But shares of GoDaddy slid nearly 17% after the domain registrar narrowed its annual revenue forecast.
Bitcoin (CRYPTO: $BTC) is pacing for a roughly 5% gain in July, although the largest cryptocurrency remains largely...
Nvidia stock rose after Amazon raised its capital expenditure forecast and played down competition between its custom AI chips and Nvidia’s processors.
Which is worth more: a company that’s sitting out Big Tech’s mega AI spending spree or a company that’s fueling it?