Columns Apple Earnings Preview: iPhone Demand Concerns Wane; Apple Intelligence Likely Dominate the Call.
iPhone consensus sales is expected to be 44.91 billion in 4Q, FY24, a 2.5% growth year over year.
Investors are looking toward Apple $Apple (AAPL.US)$ Intelligence as the catalyst for the next major iPhone sales cycle.
Apple is expected to report its 4Q fiscal 2024 earnings on Thursday, October 31 after market close. Analysts expect Apple’s revenue to come in at $94.215 billion and adjusted net inco...
Investors are looking toward Apple $Apple (AAPL.US)$ Intelligence as the catalyst for the next major iPhone sales cycle.
Apple is expected to report its 4Q fiscal 2024 earnings on Thursday, October 31 after market close. Analysts expect Apple’s revenue to come in at $94.215 billion and adjusted net inco...
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Tesla $Tesla (TSLA.US)$ CEO Elon Musk said on Wednesday that he expects 20% to 30% vehicle growth next year, sending the company's shares up 12% in post-market trading.
The company's quarterly report earlier in the day reassured Wall Street that the EV maker was improving at its core business of making and selling electric vehicles, reducing concerns about when it could produce new models including a robotaxi.
The company hand...
The company's quarterly report earlier in the day reassured Wall Street that the EV maker was improving at its core business of making and selling electric vehicles, reducing concerns about when it could produce new models including a robotaxi.
The company hand...
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News that Amazon $Amazon (AMZN.US)$ is apparently retreating from a potentially lucrative business sent the company's share price down on Wednesday. It closed the trading day nearly 3% lower, a notably worse performance than the 1% decline of the bellwether S&P 500 index.
Few tomorrows left for Amazon Today?
Just before market close Tuesday, CNBC published an article stating that Amazon is closing its Amazon Today service. Citing unnamed individuals "with k...
Few tomorrows left for Amazon Today?
Just before market close Tuesday, CNBC published an article stating that Amazon is closing its Amazon Today service. Citing unnamed individuals "with k...
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Netflix's $Netflix (NFLX.US)$ revenue in the third quarter of 2024 increased by 15% year-on-year to US $9.825 billion, net profit increased by 41% year-on-year to US $2.364 billion, and earnings per share of US $5.4 exceeded Wall Street expectations. There were 5.07 million new paying users worldwide, higher than the expected 4.52 million. As of the end o...
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Tesla Inc $Tesla (TSLA.US)$ is yet to receive approval from the Chinese government to launch its full self-driving functions in the country, the China Daily reported on Friday, with the company reportedly seeking permission to gather more data.
Tesla’s proposal to roll out the technology is still pending authorization from several Chinese authorities, the China Daily report said, citing “multiple” sources with knowledge of the matter. Da...
Tesla’s proposal to roll out the technology is still pending authorization from several Chinese authorities, the China Daily report said, citing “multiple” sources with knowledge of the matter. Da...
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Lucid Group Inc $Lucid Group (LCID.US)$ shares slid after the electric-vehicle maker said it plans to sell 262.4 million shares of common stock in a public offering that would be worth about $860 million at today’s closing price.
The company also gave its underwriter, BofA Securities, a 30-day option to purchase as many as 39.4 million additional shares, Lucid said Wednesday in a statement. The sale comes two months after Lucid got a cash inf...
The company also gave its underwriter, BofA Securities, a 30-day option to purchase as many as 39.4 million additional shares, Lucid said Wednesday in a statement. The sale comes two months after Lucid got a cash inf...
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Wolfspeed $Wolfspeed (WOLF.US)$ Inc. was in the spotlight on Wednesday as Mizuho Securities upped its price target on the semiconductor company after it received a funding "lifeline" from the CHIPs Act and several private equity firms.
Shares rose 10% in Wednesday trading.
While the funding in aggregate addresses some of the concerns about Durham, N.C.-based Wolfspeed (including its roughly $5B in net debt), there are sti...
Shares rose 10% in Wednesday trading.
While the funding in aggregate addresses some of the concerns about Durham, N.C.-based Wolfspeed (including its roughly $5B in net debt), there are sti...
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Billionaire investor Stan Druckenmiller said that ahead of next month's US presidential election, the market is counting Trump's victory into the price.
$Trump Media & Technology (DJT.US)$
In a television interview Wednesday, Druckenmiller said that over the past 12 days,Markets appear to be'very convinced that Trump will win ', "You can see this in bank stocks, and you can see this in cryptocurrencies."
However...
$Trump Media & Technology (DJT.US)$
In a television interview Wednesday, Druckenmiller said that over the past 12 days,Markets appear to be'very convinced that Trump will win ', "You can see this in bank stocks, and you can see this in cryptocurrencies."
However...
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