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.
Let’s be honest, new spy powers could kill off how we use Facetime and iMessage December 14, 2023 A new anti-encryption bill quietly introduced to parliament this week could mean the death of iMessage for Brits, writes Matthew Lesh
Polar Capital: Tech stocks remain attractive despite high valuations and market headwinds December 12, 2023 Polar Capital Technology, the tech-focused investment trust, said today that it believes global tech stocks remain attractive despite their recent performance
These tech companies have breached the most data rules this year December 3, 2023 Big tech companies have breached their fair share of data rules this year and regulators have dished out penalties. Here are the largest ones.
CMA: Amazon and Meta agree to retail competition improvements November 3, 2023 As part of the new commitments, Amazon has agreed to give independent sellers a fair chance of their offers being featured in the site’s “Buy Box”, where most sales on the platform take place.
Meta set for legal battle with UK firm of 10 people November 2, 2023 Facebook owner Meta is facing a legal challenge from a British software company called Threads, which employs just 10 people and says the tech giant has stolen their name.
Facebook-parent Meta beats revenue estimates on digital ad strength October 26, 2023 Meta beat expectations for third-quarter profit and revenue on Wednesday, helped a recovery in digital advertising spending.