Apple iPhone Sales Shrink Slightly as Investors Await AI Payoff
The company has heavily advertised AI features since the latest iPhones were released in September.
Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
Microsoft reports 10% quarterly profit growth amid huge AI investment
Building and operating AI systems is costly, and Microsoft has said it plans to spend 80 billion dollars (£64.38 billion) this year as it expands its global network of energy-hungry computing centres and supplies them with specialised chips to train and run AI models.
Microsoft Continues to Spend Big on A.I. as Profit Grows 10%
Apple's guidance comes as a relief, sending the stock higher
Apple reported fiscal first-quarter earnings Thursday. Analysts are focused on iPhone momentum following a sluggish start to the year for Apple's stock.
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DeepSeek explained: Origins, technology, market dynamics, and ChatGPT comparison
Discover DeepSeek's foundation, its disruption in AI tech, explore the privacy issues, and see how it compares to giants like ChatGPT.
IBM Stock Rises on AI Demand, Earnings Boost
Investors rallied behind International Business Machines’ artificial-intelligence strategy, driving the stock up after the company released its latest quarterly earnings Wednesday. The tech company said it has taken an open-innovation approach to artificial intelligence,
Apple tops profit views, extends streak of revenue beats
EPS of $2.40, up 10% from a year ago and above the FactSet consensus of $2.35. Revenue grew 4% to $124.30 billion, to top the FactSet consensus of $124.26 billion and extend its streak of top-line beats to eight quarters.
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DeepSeek shows AI-related power demand can slow. Here's why energy stocks are tumbling on Monday.
Just as much as chip stocks were getting hammered after Chinese startup DeepSeek's AI progress sent the broader market into a tailspin on Monday, shares of companies powering the AI revolution were plunging as investors questioned data centers' actual power demand.
Stocks Down Following China AI News And Ahead Of Big Earnings Week
Markets rallied last week but face premarket losses due to AI concerns. A busy week lies ahead with major earnings, economic data, and geopolitical uncertainty.
Intel shows signs of progress in the face of another revenue decline
Intel Corp. saw further declines in revenue during the latest quarter but beat its guidance on a closely watched margin number, signaling some financial recovery in the business as Chips Act money began flowing. However, the company provided a first-quarter outlook that was below expectations for both the top and bottom lines.
These ETFs can help investors protect themselves from selloffs like the DeepSeek panic - but here's the catch
Buffer ETFs, also known as defined-outcome ETFs, use options contracts to limit losses while capping upside potential for the indexes they track. This type of fund has become particularly popular since 2022, when the Federal Reserve hiked interest rates to combat inflation, sending the stock market into a tailspin.
Apple Earnings: What to Watch
The iPhone maker reports quarterly results after the closing bell today. Here’s what investors will be looking out for. Apple is expected to earn $2.35 a share for its fiscal first-quarter, which ended in December,