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Apple's long-term positives outweigh rare earnings miss, Morgan Stanley says

Apple’s long-term positives outweigh rare earnings miss, Morgan Stanley says

Apple CEO Tim Cook holds a new iPhone 14 Pro during an Apple special event on September 07, 2022 in Cupertino, California. Justin Sullivan | Getty...

Amazon stock hit hardest after tech earnings bonanza, despite misses by Apple and Alphabet

Technology2 years ago

Amazon stock hit hardest after tech earnings bonanza, despite misses by Apple and Alphabet

Andrew Ross Sorkin speaks with Amazon CEO Andy Jassy during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center...

Activision Blizzard pays SEC million to settle probe

Technology2 years ago

Activision Blizzard pays SEC $35 million to settle probe

Bobby Kotick, CEO of Activision Blizzard, attends the Allen & Company Sun Valley Conference on July 8, 2022, in Sun Valley, Idaho. Kevin Dietsch | Getty...

Apple telegraphed that things are getting better after a tough quarter — here's how to interpret its remarks

Technology2 years ago

Apple telegraphed that things are getting better after a tough quarter — here’s how to interpret its remarks

Apple reported a tough December quarter on Thursday, including the company’s biggest quarterly revenue decline since 2016, along with sales drops in its iPhone, Mac and...

Bill Gates says Elon Musk's ambition to colonize Mars is not a good use of money

Technology2 years ago

Bill Gates says Elon Musk’s ambition to colonize Mars is not a good use of money

SpaceX CEO Elon Musk speaks during the 67th International Astronautical Congress in Guadalajara, Mexico. Susana Gonzalez | Bloomberg | Getty Images Bill Gates questioned whether Elon...

Amazon beats on fourth-quarter revenue but provides light guidance

Technology2 years ago

Amazon beats on fourth-quarter revenue but provides light guidance

Amazon on Thursday issued first-quarter guidance that came in light of estimates, overshadowing better-than-expected revenue for the fourth quarter. The stock slid after hours, erasing most...

Apple sales drop 5% in largest quarterly revenue decline since 2016

Technology2 years ago

Apple sales drop 5% in largest quarterly revenue decline since 2016

Apple missed expectations for revenue, profit, and sales for many of its lines of business on Thursday, sending the stock lower in extended trading. Apple’s overall...

Alphabet misses on earnings and revenue as YouTube falls short

Technology2 years ago

Alphabet misses on earnings and revenue as YouTube falls short

Alphabet missed on both top and bottom lines when it reported fourth quarter earnings after the bell Thursday. The company’s stock dropped nearly 4% after hours,...

Amazon's advertising business grew 19%, while Google and Meta both deal with slowdowns

Technology2 years ago

Amazon’s advertising business grew 19%, while Google and Meta both deal with slowdowns

Pascal Rossignol | Reuters Amazon’s advertising business continues to grow despite a general slowdown in digital advertising, which has hurt companies like Google parent Alphabet, Facebook...

Amazon's cloud business reports 20% growth in fourth quarter, missing estimates

Technology2 years ago

Amazon’s cloud business reports 20% growth in fourth quarter, missing estimates

Amazon Web Services CEO Adam Selipsky delivers a keynote address during the AWS re:Invent conference in Las Vegas on Nov. 29, 2022. Noah Berger |Getty Images...

Qualcomm revenue falls 12%, guidance implies more pain this quarter

Technology2 years ago

Qualcomm revenue falls 12%, guidance implies more pain this quarter

Cristiano Amon, CEO of Qualcomm. Steve Marcus | Reuters Qualcomm shares fell 2% in extended trading on Thursday after the chipmaker reported lower fiscal first-quarter revenue...

Amazon told lawmakers it wouldn't build storm shelters in warehouses after fatal collapse

Technology2 years ago

Amazon told lawmakers it wouldn’t build storm shelters in warehouses after fatal collapse

Amazon said it won’t build storm shelters in its warehouses after a tornado ripped through one of its Illinois facilities more than a year ago, killing...

Apple reports earnings after the bell Thursday

Technology2 years ago

Apple reports earnings after the bell Thursday

Tim Cook, chief executive officer of Apple Inc., speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona, on Tuesday, Dec....

Amazon to report quarterly results after market close

Technology2 years ago

Amazon to report quarterly results after market close

Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow’s opening night for the NHL’s newest hockey franchise the Seattle Kraken at...

Alphabet set to report fourth-quarter results after the close

Technology2 years ago

Alphabet set to report fourth-quarter results after the close

Sundar Pichai, chief executive officer of Alphabet Inc., speaks during the CEO Summit of the Americas hosted by the US Chamber of Commerce in Los Angeles,...

ChatGPT has made AI the hot new thing in Silicon Valley, and investors are suddenly very interested

Technology2 years ago

ChatGPT has made AI the hot new thing in Silicon Valley, and investors are suddenly very interested

In just a couple of months, the question-and-answer chatbot ChatGPT has become so popular that it’s not unusual for users to see a message saying it’s...

Meta shares rocket 25%, on pace for the best day in a decade

Technology2 years ago

Meta shares rocket 25%, on pace for the best day in a decade

Mark Zuckerberg told the world in Oct. 2021 that he was rebranding Facebook to Meta as the company pushes toward the metaverse. Facebook | via Reuters...

Coinbase jumps 20% after federal securities suit dismissed

Technology2 years ago

Coinbase jumps 20% after federal securities suit dismissed

The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York,...

Meta's 'Year of Efficiency' was everything Wall Street needed to hear from Zuckerberg

Technology2 years ago

Meta’s ‘Year of Efficiency’ was everything Wall Street needed to hear from Zuckerberg

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., center, departs from federal court in San Jose, Calif., on Dec. 20, 2022. David Paul Morris |...

Apple and Google should boot TikTok from their app stores, Democratic senator urges

Technology2 years ago

Apple and Google should boot TikTok from their app stores, Democratic senator urges

Senator Michael Bennet (D-CO) speaks on a mobile phone after a vote the day after the shooting at Robb Elementary School in Uvalde, Texas, on Capitol...

News IO

Apple’s long-term positives outweigh rare earnings miss, Morgan Stanley says

Amazon stock hit hardest after tech earnings bonanza, despite misses by Apple and Alphabet

Activision Blizzard pays SEC $35 million to settle probe

Apple telegraphed that things are getting better after a tough quarter — here’s how to interpret its remarks

Bill Gates says Elon Musk’s ambition to colonize Mars is not a good use of money

Amazon beats on fourth-quarter revenue but provides light guidance

Apple sales drop 5% in largest quarterly revenue decline since 2016

Alphabet misses on earnings and revenue as YouTube falls short

Amazon’s advertising business grew 19%, while Google and Meta both deal with slowdowns

Amazon’s cloud business reports 20% growth in fourth quarter, missing estimates

Qualcomm revenue falls 12%, guidance implies more pain this quarter

Amazon told lawmakers it wouldn’t build storm shelters in warehouses after fatal collapse

Apple reports earnings after the bell Thursday

Amazon to report quarterly results after market close

Alphabet set to report fourth-quarter results after the close

ChatGPT has made AI the hot new thing in Silicon Valley, and investors are suddenly very interested

Meta shares rocket 25%, on pace for the best day in a decade

Coinbase jumps 20% after federal securities suit dismissed

Meta’s ‘Year of Efficiency’ was everything Wall Street needed to hear from Zuckerberg

Apple and Google should boot TikTok from their app stores, Democratic senator urges

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