How Apple went from Wall Street’s AI haven to its biggest earnings loser in a week
It was an overwhelming week for Apple, to say the least, as the iPhone maker saw its fortunes whipsaw throughout the week—becoming the
Economy
Economy
Why Nvidia stock is rebounding another 2% on Friday
Nvidia stock (NVDA) rose on Friday after Amazon reaffirmed its commitment to the chipmaker’s artificial intelligence processors and increased its capital spending plans,
Economy
Oil prices fall after volatile week, but the real squeeze may still be ahead
Oil prices fell on Friday as signs of improving tanker traffic through key Middle East waterways encouraged traders to lock in profits after
Economy
XRP price rises on ETF inflows: is a breakout above $1.13 now likely?
XRP price briefly climbed to $1.10 before easing back as steady ETF inflows and Aviva Investors’ tokenized fund launch on the XRP Ledger
Economy
Top FTSE 100 shares to watch: HSBC, BP, Glencore, Legal & General, Diageo
The FTSE 100 Index jumped to a record high this week as several important companies like IAG, NatWest, Lloyds, and Rolls-Royce published their
Economy
Micron stock gets a Tim Cook catalyst as Apple faces a 100-year memory crunch
Micron Technology (NASDAQ: MU) has received an unlikely boost from Apple after Tim Cook described the surge in memory prices as a “100-year
Economy
Meta stock sinks as Q2 earnings disappoint on multiple fronts
Meta Platforms (META) shares are slipping in extended hours on Wednesday as investors react to a messy Q2 earnings release that reignited aggressive
Economy
Microsoft stock surges 3% after beating Q4 estimates
Microsoft exceeded Wall Street expectations for its fiscal fourth quarter as stronger-than-expected Azure cloud growth and rising adoption of its artificial intelligence products
Economy
Qualcomm stock slips as memory crunch hits Q2 earnings
Qualcomm (QCOM) shares are inching lower in extended hours after the company reported fiscal Q3 results that reflected persistent semiconductor supply constraints. The
Economy
Meta, BlackRock team up to develop $14B El Paso data centre
Meta Platforms and asset manager BlackRock announced on Tuesday a venture to develop and operate a data center campus in El Paso, Texas.