EU set to fine Apple €500m over music streaming misconduct February 18, 2024 The European Commission is reportedly due to hit Apple with its first ever fine against the company following an antitrust investigation into its music streaming business.
Apple: China takes a bite out of numbers but tech giant beats consensus February 2, 2024 Apple missed sales estimates in China but held on to profits elsewhere, it told its investors on Wall Street last night
FTSE 100 today: London markets likely to rise on heels of Wall Street’s tech rally February 2, 2024 A tech rally ignites global stocks: Meta soars 15%, while Amazon climbs 7%. Apple drops 3% amidst market turbulence, while oil prices surge. Focus now shifts to U.S. Non-Farm Payrolls.
Tech giants Meta and Amazon drive tech rally; Apple suffers from China woes February 2, 2024 Meta surged 15% post-market on strong revenue, dividend, and a $50 billion buyback; Amazon rose 7% on solid earnings and AWS growth; however, Apple fell 3% on a China sales miss and revenue forecast drop.
Earnings watch: Apple, Amazon, and Meta reports to set market tone February 1, 2024 Earnings reports from tech titans Apple Inc, Amazon.com, and Meta Platforms Inc, slated for Thursday, are poised to steer stock movements this week.
Investors to focus on AI and antitrust issues as Amazon, Apple and Meta line up to report January 29, 2024 Big tech companies Microsoft, Meta, Apple, Amazon and Google owner Alphabet are set to report quarterly earnings this week.
Countdown begins: What’s in store for next week’s mega-tech FAAMG earnings January 26, 2024 As the fourth-quarter earnings season approaches on Wall Street, all eyes are on the FAAMG group: Alphabet (Google), Microsoft, Amazon, Meta Platforms, and Apple.
Samsung launches Galaxy S24 with AI features after Apple crowned top smartphone maker January 17, 2024 Samsung has today debuted its highly anticipated Galaxy S24 smartphone series, with new artificial intelligence (AI) features.
Even Big Tech CEOs can’t afford to ignore the costs of bad PR January 16, 2024 Big tech CEOs may think they're invincible, but sending rockets into space won't spare you the costs of bad PR, writes Mike Maynard.
Apple faces second downgrade, shares hit eight-week low January 5, 2024 Apple is grappling with a challenging start to the new year as concerns about iPhone sales lead to a second downgrade within just one week. Piper Sandler’s recent rating downgrade caused a substantial drop in Apple’s shares, hitting an eight-week low on Thursday. Harsh Kumar from Piper Sandler & Co. has downgraded his rating on [...]