Disappointing earnings from Intel have the stock trading 8% lower in early Friday trading. (Photo … [+] by Justin Sullivan/Getty Images) Getty Images Key Takeaways Intel INTC Earnings Disappoint Personal Consumption Expenditures In Line With Expectations Next Week: FOMC, Earnings and Jobs As earnings season gathers momentum, markets are showing some signs of strength. Heading…
AFP /AFP via Getty Images Key takeaways Microsoft finally confirmed that they were extending the partnership with OpenAI, the maker of the revolutionary ChatGPT tool. Microsoft Azure will also continue as the exclusive cloud provider for the tool since OpenAI uses Azure to train all of its models. The tech giant didn’t give a financial…
While the new year had been off to a terrific start, stocks have retreated in price of late with renewed concerns about the health of the U.S. economy giving investors pause. In addition to disappointing readings on the health of the services and manufacturing sectors, retail sales in December were dismal. True, the labor picture…
| Getty Images Key Takeaways Last year wasn’t kind to tech stocks as we saw even the biggest tech companies (Apple, Microsoft, Meta) drop significantly in market cap. Many analysts are optimistic about the future of tech stocks due to the growing demand for cloud-based services and the possibility of consumer spending returning to normal…
Bank stocks kicked off earnings season off Friday with some less than stellar numbers. (Photo by … [+] Michel Euler / POOL / AFP) (Photo by MICHEL EULER/POOL/AFP via Getty Images) POOL/AFP via Getty Images Key Takeaways Financial Stocks Underwhelm With First Batch Of Earnings CPI Report Shows Inflation Slowing Crypto Perking Up Stocks are…
POLAND – 2023/01/06: In this photo illustration an Apple logo seen displayed on a smartphone. (Photo … [+] Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images The shares of Apple had a tough 2022, declining by 27% over the year, underperforming the S&P 500 which was down by about 20%…
BRAZIL – 2022/07/12: In this photo illustration, the Jabil Circuit Inc. logo is seen on a smartphone … [+] screen. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Our Theme of Apple Component Supplier Stocks, which includes a diverse set of companies that supply components for Apple’s devices, has…
Topline The first day of trading of 2023 brought more unwelcome milestones for Apple and Tesla’s stocks, as investors soured on predictions of limitless growth potential for two American companies long heralded by Wall Street for their history of innovation and strong bottom lines. Apple and Tesla led Tuesday’s selloff. dpa/picture alliance via Getty Images…
| Getty Images Key Takeaways Apple has relied on China to manufacture all of its products, but due to the pandemic and ongoing trade tension between the U.S. and China, Apple is moving production out of the country. Apple has moved production of its iPhone to India and now will have MacBooks produced in Vietnam.…
FREMONT, CALIFORNIA – APRIL 20: In an aerial view, Tesla cars sit parked in a lot at the Tesla … [+] factory on April 20, 2022 in Fremont, California. Tesla reported first quarter earnings that far exceeded analyst expectations with revenue of $18.76 billion compared to expectations of $17.80 billion. (Photo by Justin Sullivan/Getty Images)…