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Amazon.com, Inc. (AMZN) vs. Apple Inc. (AAPL): Hedge Funds Favor One over the Other
Insider Monkey4d agoneutral
Amazon.com, Inc. (AMZN) vs. Apple Inc. (AAPL): Hedge Funds Favor One over the Other

Amazon.com, Inc. (NASDAQ:AMZN) and Apple Inc. (NASDAQ:AAPL) both beat Wall Street’s revenue estimates this week, but investors could not have reacted more differently. Amazon’s stock surged as much as 15%, while Apple’s fell more than 7%, on the very same earnings day. Why One Beat Got Rewarded and the Other Got Punished Amazon’s cloud unit, […]

Apple (AAPL) Cancels All Glass iPhone Ahead Of CEO Transition
Simply Wall St.4d agoneutral
Apple (AAPL) Cancels All Glass iPhone Ahead Of CEO Transition

Apple (NasdaqGS:AAPL) has cancelled its planned all-glass iPhone model after production challenges with the design and manufacturing process. Management is reviewing the product roadmap and pricing mix following the cancellation, with investors watching for any changes to upcoming iPhone cycles. Apple hardware chief John Ternus is set to become CEO next month, marking a major leadership transition at a time of close scrutiny on the company’s product strategy and margins. For a broader view...

Bloomberg4d agoneutral
Apple Executive in Charge of Pay and Wallet Services Is Leaving

(Bloomberg) -- Apple Inc.’s Jennifer Bailey, the longtime head of Pay and Wallet services, is retiring after more than two decades at the company, adding to a sweeping changing of the guard at the iPhone maker.Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIChina Unleashes $28 Trillion Capital Markets to Challenge US in AINvidia Taps Wall Street for $500 Billion Funding CommitmentTrump Makes Sweeping New Demands on Iran as Deal Hopes DimApple’s Glass-Centric 20

The Crown Keeps Switching Hands: Apple Inc. (AAPL) vs NVIDIA Corporation (NVDA)
Insider Monkey4d agoneutral
The Crown Keeps Switching Hands: Apple Inc. (AAPL) vs NVIDIA Corporation (NVDA)

Apple Inc. (NASDAQ:AAPL) and NVIDIA Corporation (NASDAQ:NVDA) have traded the title of world’s most valuable company more than once in the past two weeks. Apple first edged ahead on Friday, July 17, at $4.88 trillion versus Nvidia’s roughly $4.86 trillion after Nvidia shares fell 3.5%. Nvidia returned to the top spot, then lost it again […]

Klarna Group (KLAR) Will Provide Leasing For A New US Device Upgrade Program
Simply Wall St.4d agobullish
Klarna Group (KLAR) Will Provide Leasing For A New US Device Upgrade Program

Klarna Group (NYSE:KLAR) is providing the leasing and financing backbone for Apple's new Apple Upgrade program in the United States. The partnership integrates Klarna into one of Apple's core hardware ownership offerings, expanding Klarna's exposure to US Apple customers. The role places Klarna more directly in consumer electronics financing beyond its existing buy now, pay later services. This kind of tie up is only one way to gain exposure to stable consumer themes. It can be useful to...

Bloomberg4d agobearish
CoreWeave’s Forecast Is Key to Stopping Another Earnings Selloff

(Bloomberg) -- CoreWeave Inc. shares have been on a roll lately after a monthslong slump. Now, the neocloud provider’s earnings after the close Tuesday can give investors a sense of whether the rally is sustainable. Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AINvidia Taps Wall Street for $500 Billion Funding CommitmentTrump Makes Sweeping New Demands on Iran as Deal Hopes DimStocks Churn as Hormuz Standoff Spurs Rally in Oil: Markets WrapIran Shakes U