A pundit's new take on the company inspired some investors to pile into it.
"Our view is betting against Cook and Cupertino into an AI-driven supercycle led by iPhone 16 and Apple Intelligence is the wrong move," Wedbush said.
Hiring slowed in July as U.S. employers added a disappointing 114,000 jobs and the unemployment rate jumped to 4.3%, the highest level in nearly three
The cybersecurity industry is becoming increasingly dangerous, with cyber threats growing in both frequency and sophistication. Recent stats show a 30%
US stocks tumbled across the board on Friday after the July jobs report showed a further cooling in the labor market, fueling concerns the Federal Reserve’s “higher for longer” interest-rate stance might end in recession and that the central bank…
Apple’s ( AAPL ) stock closed out the trading day Friday on a slightly positive note despite posting a year-over-year decline in iPhone sales in its third quarter earnings on Thursday. Wall Street was closely watching Apple’s performance in China,…
Chip giant Intel’s ( INTC ) stock price cratered than 26% in Friday trading, closing out one of its worst trading days in 40 years. The massive declines followed a disastrous second quarter earnings report Thursday during which the company…
A slew of weaker-than-expected economic data, highlighted by July’s jobs report triggering a closely watched recession indicator , has sent the stock market tumbling . Across the first two days of August, the S&P 500 ( ^GSPC ) slid 3.2%…
Nvidia ( NVDA ) stock closed off the lows of the session, down almost 2% while Intel ( INTC ) shares cratered over 26% and a broad decline in chip stocks led the tech sector lower as markets tumbled following…
Amazon’s ( AMZN ) stock fell more than 8% Friday after the retail and cloud giant offered a current quarter forecast on Thursday that fell short of expectations on both the top and bottom lines. The disappointing returns were amplified…
