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Apple Mac Mini Revamp; Dick's Sporting Goods Falls on Outlook | Stock Movers
Bloomberg30d agobearishVIDEO
Apple Mac Mini Revamp; Dick's Sporting Goods Falls on Outlook | Stock Movers

On this episode of Stock Movers: - Dick's Sporting Goods (DKS) shares are plummeting as it lowered its full-year outlook amid weakness at its recently acquired Foot Locker unit. - Apple (AAPL) shares are slightly lower as the tech giant is gearing up to launch a new version of its Mac mini desktop computer for the first time in almost two years, according to people familiar with the matter. - SpaceX (SPCX) shares are higher in the premarket as Elon Musk says SpaceX's first AI satellites, powered by Nvidia chips, will initially launch in the fourth quarter of next year and hit "significant scale" in 2028.

Bloomberg44d agobearish
CoreWeave’s Forecast Is Key to Stopping Another Earnings Selloff

(Bloomberg) -- CoreWeave Inc. shares have been on a roll lately after a monthslong slump. Now, the neocloud provider’s earnings after the close Tuesday can give investors a sense of whether the rally is sustainable. Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AINvidia Taps Wall Street for $500 Billion Funding CommitmentTrump Makes Sweeping New Demands on Iran as Deal Hopes DimStocks Churn as Hormuz Standoff Spurs Rally in Oil: Markets WrapIran Shakes U

Bloomberg45d agobearish
Apple Cut at Jefferies on iPhone Worries as Sell Ratings Pile Up

(Bloomberg) -- Apple Inc. was downgraded to an underperform rating at Jefferies, in the latest example of growing bearishness toward the company.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Waver Near Record Highs, Crude Oil Advances: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaIran Says Hormuz Deal Close But Its Conditions Must Be MetAnalyst Edison

Apple (AAPL) Seeks Injunction In AI Trade Secret Lawsuit
Simply Wall St.48d agobearish
Apple (AAPL) Seeks Injunction In AI Trade Secret Lawsuit

Apple (NasdaqGS:AAPL) has filed a lawsuit against OpenAI alleging misappropriation of confidential AI and hardware technology trade secrets. The complaint seeks a preliminary injunction that Apple says is needed to prevent irreparable harm to its core AI and device development work. The case could bring internal details of Apple's AI research, product security practices, and development processes into public view. Legal and competitive risks around AI intellectual property are back in focus...

OpenAI moves to dismiss Apple's trade secret lawsuit
Axios49d agobearish
OpenAI moves to dismiss Apple's trade secret lawsuit

OpenAI asked a federal judge Wednesday to dismiss Apple's lawsuit accusing the AI giant and two former Apple employees of stealing trade secrets and soliciting confidential information from job candidates.

Bloomberg51d agobearish
SpaceX’s First Earnings Offer a Chance to Reverse Stock’s Plunge

(Bloomberg) -- SpaceX’s first earnings report following its blockbuster initial public offering is one of the most anticipated events of the summer on Wall Street. Whether it’ll give investors a reason to buy the sinking stock is another matter.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’

Apple Stock Tumbles, Wiping Out $359 Billion in Value
Barrons.com55d agobearish
Apple Stock Tumbles, Wiping Out $359 Billion in Value

Apple stock tumbled 7.4% to $308.91 on Friday after its fiscal third-quarter earnings report left investors disappointed. The drop wiped out $359 billion in value, bringing Apple's market capitalization to $4.

Apple Stock Falls After Earnings Release
The Wall Street Journal56d agobearish
Apple Stock Falls After Earnings Release

Apple's third-quarter earnings featured strong growth for its flagship product, but shares are falling about 4% after market close. IPhone sales grew 21% , but Apple's overall revenue of $109.4 billion came in only slightly above Wall Street's $108.

Bayerische Motoren Werke Aktiengesellschaft Q2 Earnings Call Highlights
MarketBeat56d agobearish
Bayerische Motoren Werke Aktiengesellschaft Q2 Earnings Call Highlights

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) said it is preparing a broad transformation program focused on streamlining processes, increasing the use of artificial intelligence and offering voluntary severance packages for indirect employees, while maintaining its production footprint in k