Shares of Meta Platforms, the parent company of Facebook, have surged 348% over the past two years, cementing its position as a standout performer among major tech companies. This meteoric rise lags only behind Nvidia, whose stock soared 1,052% in the same period.
The days of Apple's Vision Pro mixed reality headset could either be numbered or counting down to a version 2.0. Citing unnamed sources involved with building the Vision Pro headset's components, a Reuters report Wednesday (Oct. 23) said that production has been significantly reduced.
Apple's CEO Tim Cook said at a government meeting in Beijing on Wednesday the company would increase investment in China and wanted to seize opportunities to contribute to high quality development of industrial and supply chains, Xinhua said.
Without the Mag 7's substantial earnings contribution, Q3 earnings for the remaining S&P 500 index would be modestly in negative territory. Next week, several will reveal their results.
Without the Mag 7's substantial earnings contribution, Q3 earnings for the remaining S&P 500 index would be modestly in negative territory. Next week, several will reveal their results.
Apple (AAPL) shares pull back as investors worry about iPhone 16 demand following analyst Ming-Chi Kuo sounding the alarm that orders were cut. Yahoo Finance's Tech Editor Dan Howley sits down with Market Domination Hosts Julie Hyman and Josh Lipton to break down what investors need to know as the iPhone maker gears up to release Apple Intelligence.
While Apple continues to look for a new home for the Apple Card, the tech giant and its current issuer have been accused of mismanaging customer accounts.
Apple is cutting Vision Pro production, possibly halting it by year-end, The Information reported. Demand for the $3,500 devices has been weak, said analyst William Kerwin.
If there's a regulatory body that's been busier this week than the Consumer Financial Protection Bureau (CFPB), we'd be hard-pressed to name it. Having just issued its final rule on open banking and data sharing on Tuesday, the CFPB said Wednesday (Oct.
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Apple and Goldman Sachs are being ordered by the CFPB to pay a combined $89 million in fines stemming from customer service issues with the Apple Card and regulatory violations.
The United States fined Apple and Goldman Sachs a total of $89 million on Wednesday, accusing them of deceiving users of the iPhone maker's credit card.