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Snap stock popped after it reported earnings, but soon crackled as the gains disappeared. Shares of Snap initially jumped 15% on Tuesday following its earnings release, as investors cheered stronger-than-expected revenue and earnings. All the growth is coming from the rest of the world, but those users aren’t very valuable, with average revenue per user (ARPU) of just $1, versus $10.26 in North America.
Apple just posted one of its strongest quarters in years, yet the stock tanked within the hour. The headline numbers hide a set of pressures that will force a definitive verdict next quarter.
Thursday evening, MP Materials reported second-quarter Ebitda of $28.5 million, Wall Street was looking for $27.1 million.
Apple's fiscal Q3 showed broad iPhone, Mac and Services demand, but rising costs, supply constraints and policy risks cloud the near-term outlook.
Apple Inc (NASDAQ:AAPL, XETRA:APC) App Store revenue rose 0.6% year-over-year in the first 35 days of its fiscal fourth quarter to $3.4 billion, up from $3.38 billion in the same period last year, according to a note from Bank of America. Total downloads across iPhone and iPad fell 4%...
A single ETF charging roughly four cents per $100 turned a modest investment into a small fortune over a decade, and the fee structure is the part of the story most investors never think to examine.
Growth slowdown in services and high memory costs make the firm bearish on the company.
TSMC just raised its capital expenditure to eye-popping levels, yet insiders warn it still cannot produce chips fast enough to satisfy demand. The case for staying the course on the foundry giant is stronger than the recent turbulence suggests.
Newly filed court exhibits show OpenAI’s legal strategy in Apple’s trade secrets lawsuit: argue that Apple’s own security and offboarding practices — including allowing an Apple manager to access a former engineer’s iCloud account after he left the company —undermine its claims that the allegedly stolen information was properly protected.
Tim Cook spent considerable time talking about memory prices during Apple's latest earnings call.
Aug 6 (Reuters) - S&P 500 and Dow futures were steady on Thursday after this week's record-breaking rally as investors awaited details on a Middle East peace deal, while Nasdaq futures slipped as
(Bloomberg) -- Nigeria agreed a gas deal that moves it closer to reviving a giant steel plant that hasn’t produced any metal since being built half a century ago.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftMajor Hedge Funds Targeted in Wave of Attempted CyberattacksMicrosoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowSpaceX’s AI Splurge Puts a Damper on First Earnings After IPOThe agreement with
OpenAI asked a federal judge Wednesday to dismiss Apple's lawsuit accusing the AI giant and two former Apple employees of stealing trade secrets and soliciting confidential information from job candidates.
(Bloomberg) -- OpenAI is asking a federal judge to dismiss a lawsuit filed by Apple Inc. accusing the artificial intelligence company of stealing trade secrets, saying that the iPhone maker’s allegations are meritless.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftSpaceX’s AI Splurge Puts a Damper on First Earnings After IPOMicrosoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowMajor Hedge Funds Targ
A grey divorce at 60 can cut your retirement savings in half and leave you with a compressed timeline that punishes the wrong investment choices. Here is how three ETFs can rebuild both the growth and the income you lost.
Apple Inc. has asked a U.S. judge to issue a preliminary injunction preventing two former employees and OpenAI from accessing, using, or disclosing alleged confidential information while its trade secrets lawsuit proceeds. Apple asked the court to require former employees...

Yahoo Finance Technology Editor Dan Howley explains how the AI boom is driving up the cost of consumer electronics.
Amazon recently joined an exclusive group of companies with market caps worth more than $3 trillion.
Spanish Investor's Buffett-Style Strategy Surges as Value Makes a Comeback

Yahoo Finance Markets and Data Editor Jared Blikre examines the comeback seen across the semiconductor landscape over the past five trading days, while also analyzing which companies are emerging as leaders in the renewed AI rally.
Alibaba's latest Qwen model rivals top U.S. AI systems and now powers Apple devices in China, showing its chip strategy is paying off.
Apple reportedly approached CXMT for lower mobile-memory prices.