Apple

Apple

Yahoo Finance • 1 hour ago

Taiwan chipmaker TSMC reports record quarterly profit

TSMC's net profit for April to June surged 77.4 percent year-on-year to NT$706.6 billion (US$22 billion), smashing analyst estimates of NT$624.4 billion (I-Hwa Cheng) Taiwanese chipmaker TSMC reported a record net profit for the second qu... Full story

Yahoo Finance • 5 hours ago

Asian stocks mostly sink as AI worries hammer tech

The won rose after the Bank of Korea hiked interest rates for the first time since 2023 (Jung Yeon-je) Most Asian stocks sank on Thursday as tech firms came under renewed pressure from worries over the AI boom, with Seoul again taking the... Full story

Yahoo Finance • 6 hours ago

Bitcoin, XRP, Dogecoin Steady; Ethereum Gains Amid Soft Inflation Reading: Analyst Says Indicators 'Flashing Bottom Signals Everywhere'

Leading cryptocurrencies traded sideways on Wednesday, while stocks rallied as investors digested softer inflation data amid heightened tensions with Iran Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. EDT) Bitcoin (CRYPTO:... Full story

Yahoo Finance • 9 hours ago

Broadcom (AVGO) Stock Looks Fairly Priced After Its 8x Five Year Run

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Broadcom stock has turned a very large 5 year gain into a fresh valuation debate, with a recent jump on long dated Apple and AI ch... Full story

Yahoo Finance • 9 hours ago

TSMC's second-quarter profit seen hitting record on AI boom

By Wen-Yee Lee and Ben Blanchard TAIPEI, July 16 (Reuters) - TSMC, the world's largest manufacturer of advanced AI chips, is expected to ‌notch a fifth consecutive quarter of record earnings on Thursday, with a ‌59% surge in net profit fo... Full story

Yahoo Finance • 9 hours ago

Why Apple (AAPL) Stock Is Up Today

What Happened? Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) jumped 4.2% in the afternoon session after the company secured regulatory approval to launch Apple Intelligence in China by integrating Alibaba's Qwen AI model. The Cyber... Full story

Yahoo Finance • 10 hours ago

Stripe and Advent Reportedly Bid $60.50 a Share for PayPal. Here's the Real Prize: Venmo.

Key Points The acquisition would give Stripe and Block, which is also reportedly part of the group, access to a massive consumer base to pair with their strong merchant offerings. Venmo has established itself as one of the go-to brands am... Full story

Yahoo Finance • 10 hours ago

Good News on the Memory Shortage Is Bad News for Chip Stocks

ASML says its high-end machines are helping investors make memory more quickly than expected. In the short term, that could weigh on memory prices. Continue Reading... Full story

Yahoo Finance • 11 hours ago

Dow Jones Futures: Apple, Google Mask Dell, Sandisk, Micron Sell-Off; SpaceX Undercuts IPO Price

Dell, Sandisk and Micron led an AI sell-off, masked by megacaps such as Apple. SpaceX undercut its IPO price. Taiwan Semi, GE Aerospace earnings are due. Continue Reading... Full story

Yahoo Finance • 12 hours ago

OpenAI's AI speaker marks its entry into consumer hardware

Yahoo Finance Tech Editor discusses OpenAI's (OPAI.PVT) first consumer hardware device, an AI-powered smart speaker, breaking down what the product could offer and what it means for the company's push into consumer hardware and the broader... Full story

Yahoo Finance • 12 hours ago

Apple clears key hurdle for iPhone AI launch in China

Yahoo Finance Tech Editor discusses Apple's (AAPL) newly approved rollout of iPhone AI features in China, explaining what the regulatory green light means for Apple's AI strategy, its position in the Chinese market, and the broader competi... Full story

Yahoo Finance • 12 hours ago

Stripe, Advent offer over $53 billion for PayPal, sources say

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Yahoo Finance • 12 hours ago

3 things to look out for on Thursday

[Gold and commodity Chart graph investment in gold to protect Global inflation stragflation problem stockmarket and risk asset stockmarket crash] Wall Street’s major averages concluded higher on Wednesday, fueled by a rebound in semicondu... Full story

Yahoo Finance • 12 hours ago

Sector Update: Tech Stocks Fall Late Afternoon

Tech stocks were lower late Wednesday afternoon, with the State Street Technology Select Sector SPDR PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premiu... Full story

Yahoo Finance • 13 hours ago

India Approves $19.7 Billion to Expand Chip and Smartphone Manufacturing

This article first appeared on GuruFocus. India has approved another 1.9 trillion rupees ($19.7 billion) in incentives to strengthen domestic semiconductor and smartphone production as Prime Minister Narendra Modi pushes the country to be... Full story

Yahoo Finance • 14 hours ago

Apple, Goldman Sachs, and Chevron are powering the Dow — for wildly different reasons: AlphaCheck

The Dow Jones Industrial Index (^DJI) has barely budged in July. Its leaders have broken away. Goldman Sachs (GS), Apple (AAPL), and Chevron (CVX) are up roughly 8% to 12%, powered by three trades that have almost nothing in common. Ap... Full story

Yahoo Finance • 14 hours ago

Apple (AAPL) Stock Could Be 29% Overvalued Following Its AI Lawsuit

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Apple stock has gained 121.0% over the past 5 years, yet its curre... Full story

Yahoo Finance • 14 hours ago

Is This Why Memory Stocks Are Plunging?

Memory stocks plunged on Wednesday along with shares of other hardware providers for AI data centers. Continue Reading... Full story

Yahoo Finance • 15 hours ago

In 7 Words, Fed Chair Kevin Warsh May Have Just Confirmed the Stock Market's Biggest Fear

Major market indexes have been surging lately, with the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) up by 22% and 28%, respectively, over the past 12 months. However, that growth could potentially slow going forwar... Full story

Yahoo Finance • 15 hours ago

Dow Jones Stays Calm While Memory Chips Give Investors Whiplash (Again)

Investors woke up feeling great about a sweet inflation report on Wednesday morning. By lunchtime, chip stocks had other plans and the gains got slippery. The Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 0.28% as of 12:15 p.m. ET after re... Full story