Apple slides about 0.9% to $313.16 ahead of iPhone event
Apple (AAPL) fell roughly 0.9% to $313.16 Wednesday before its scheduled product event focused on its first foldable iPhone.
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Apple (AAPL) fell roughly 0.9% to $313.16 Wednesday before its scheduled product event focused on its first foldable iPhone.
Apple event over
Apple (AAPL) shares are in focus ahead of the next-generation launch event expected to include the first foldable iPhone, with institutional investors described as skeptical.
Apple is widely expected to unveil a pricey folding iPhone at a launch event on Wednesday at its Cupertino, California, headquarters. It will be the first event with new CEO John Ternus at the helm.
U.S. stocks fell Tuesday as crude oil extended higher, pushing the 10-year Treasury yield above 4.8% and reviving bets the Federal Reserve could raise rates next week. The Dow led declines, while Amgen was the biggest drag.
U.S. stock futures fell Tuesday, with the Dow, S&P 500 and Nasdaq 100 lower as Brent crude climbed above $99 a barrel and investors awaited Friday’s August CPI report and Apple’s product event Wednesday.
U.S. stock futures were broadly lower Tuesday morning, with Dow futures down 0.77%, S&P 500 futures off 0.24% and Russell 2000 futures down 0.49% as markets reopened after Labor Day.
New Delhi, Sept. 7 -- John Ternus will be stepping into the considerably historic shoes of Tim Cook from Tuesday as he steps in to be the eight CEO of Apple, a company that has defined technological innovation for consumer products in the 21st century.Within two days of him taking over, Ternus has…
Apple CEO John Ternus sent his first message to employees ahead of next week’s iPhone 18 launch, describing it as “phenomenal,” Bloomberg News reported.
Brown-Forman said first-quarter fiscal 2027 results were largely in line with expectations and reaffirmed full-year guidance for flat organic net sales and a 3% to 5% decline in organic operating income.
Wall Street is split on Oracle as bulls cite AI cloud growth and bears focus on heavy debt-funded capital spending ahead of late-October earnings and investor day.
BofA Securities reiterated a Buy rating and $380 price target on Apple, saying incoming CEO John Ternus can preserve much of the company’s core and extend its AI and device edge.
LiveSquawk’s US market wrap cites Putin moving to escalate war in Ukraine, with talks described as at a dead end. The wrap also flags Iran and Oman agreeing to share Strait of Hormuz revenue.
Nvidia Corporation (NASDAQ: NVDA) is set to report quarterly results Wednesday after market close, with analysts expecting strong results and guidance, while a strategist says a simple beat may not be enough.
Yalla Group reported second-quarter game services revenue rose 11.6% year-on-year to $34.2 million, helping lift games to 41.4% of total revenue as average monthly active users increased 12.3% to 47.6 million.
July US consumer price index data drew conflicting interpretations, with some economists citing disinflation and narrower price gains while others questioned the energy-price timing in the print.
Advanced Micro Devices Inc. (NASDAQ: AMD ) has beaten Wall Street’s earnings estimate in 10 of its last 12 quarters. That sounds like the recipe for a stock that consistently rallies after earnings. History says otherwise. Since August 2023, AMD has finished the day after earnings lower in seven of its 12 reports, desp
Senators from across the aisle have reportedly sent a letter to Apple Inc. (NASDAQ: AAPL ) CEO Tim Cook, urging the company to refrain from using memory chips from ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Corp (YMTC) in its devices, even if the products are meant solely for the Chinese market
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Oracle Corp (NYSE: ORCL ) stock traded lower on Wednesday as big-cap tech remains under pressure in a risk-off tape. The Nasdaq is down 0.59% while the S&P 500 has shed 0.16%. The stock drew scrutiny on CNBC’s "Fast Money" on Tuesday after traders discussed reports that data center cost overruns are weighing on the sto
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