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Bank of America resets Apple stock price target on AI update
TheStreet122d agoneutral
Bank of America resets Apple stock price target on AI update

Apple has spent much of 2026 defending itself. Tariff concerns. Questions about AI pace. A market that has rewarded louder AI stories more generously. The stock has still gained over 50% in the past 12 months, but the narrative has been harder to hold. On May 26, Bank of America analyst Wamsi Mohan ...

Ferrari reverses after controversial EV announcement
TheStreet122d agoneutral
Ferrari reverses after controversial EV announcement

U.S. car manufacturers have learned a valuable lesson about electric vehicles over the past couple of years: American consumers don't like expensive EVs. That's why Ford is still pushing hard for EVs despite the $19.5 billion in losses it was recently forced to write down in its electric vehicle ...

Ferrari's First EV Fails to Impress Investors
The Wall Street Journal123d agoneutral
Ferrari's First EV Fails to Impress Investors

Europe’s most valuable automaker took the wraps off its first-ever model without an internal combustion engine Sunday. Designed in partnership with celebrated Apple alumnus Jony Ive, the Ferrari Luce is big on glass, light and space.

April shipments of foreign-branded phones in China up 1.8% Y/Y, CAICT data shows
Reuters123d agoneutral
April shipments of foreign-branded phones in China up 1.8% Y/Y, CAICT data shows

Shipments of foreign-branded mobile ‌phones in China ‌for April, including Apple's iPhones, ​were up 1.8% from the same month last year, Reuters calculations ‌based on ⁠data released by a government-affiliated research ⁠firm on Tuesday showed. The data from the ​China Academy ​of ​Information and ‌Communications Technology showed shipments of foreign-branded phones within China were at 3.59 million units in ‌April. Overall phone shipments ​in China ​last ​month were up ‌2.8% year-on-year to ​25.73 million ​units, according to the data.

Wedbush analyst has bold IMAX stock message for investors
TheStreet123d agoneutral
Wedbush analyst has bold IMAX stock message for investors

IMAX Corporation (IMAX) shareholders had the kind of Friday that rewrites a year. Shares of the premium cinema technology company jumped about 15% on May 22, closing at $39.12, after The Wall Street Journal reported the company is exploring a sale and has approached entertainment companies as ...

Italian Stocks Hit First Record in 26 Years Led by Energy, Chips
Bloomberg124d agoneutral
Italian Stocks Hit First Record in 26 Years Led by Energy, Chips

(Bloomberg) -- Italy’s benchmark equity index rose past its all-time closing high set in 2000, with a recent rally in energy and chip stocks supercharging it to record levels.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps Remain on Uranium, Sanctions

Ebola spreads across Congo as flights halted, supplies run low
Bloomberg125d agoneutral
Ebola spreads across Congo as flights halted, supplies run low

(Bloomberg) -- Congo suspended flights to the eastern city of Bunia and regional health ministers warned of escalating cross-border risks from Ebola as the outbreak spread across three provinces and overwhelmed contact-tracing efforts.Most Read from BloombergTrump Says He'll Announce Negotiated Deal With Iran ShortlyNvidia CEO Urges Super Micro to Tighten Up on ComplianceIran, US Signal Progress in Peace Talks as Issues UnresolvedTrump to Force Foreigners Seeking Green Cards to Go Home FirstUAE

Ebola Spreads Across Congo as Flights Halted, Supplies Run Low
Bloomberg125d agoneutral
Ebola Spreads Across Congo as Flights Halted, Supplies Run Low

(Bloomberg) -- Congo suspended flights to the eastern city of Bunia and regional health ministers warned of escalating cross-border risks from Ebola as the outbreak spread across three provinces and overwhelmed contact-tracing efforts.Most Read from BloombergTrump Says He’ll Announce Negotiated Deal With Iran ShortlyNvidia CEO Urges Super Micro to Tighten Up on ComplianceIran, US Signal Progress in Peace Talks as Issues UnresolvedTrump to Force Foreigners Seeking Green Cards to Go Home FirstUAE

Ebola Spreads Across Congo as Flights Halted, Supplies Run Low
Bloomberg125d agoneutral
Ebola Spreads Across Congo as Flights Halted, Supplies Run Low

(Bloomberg) -- Congo suspended flights to the eastern city of Bunia and regional health ministers warned of escalating cross-border risks from Ebola as the outbreak spread across three provinces and overwhelmed contact-tracing efforts.Most Read from BloombergTrump Says He’ll Announce Negotiated Deal With Iran ShortlyNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump to Force Foreigners Seeking Green Cards to Go Home FirstIran, US Signal Progress in Peace Talks as Issues UnresolvedUAE

Trump’s 3,711 Trades Point to Multiple Stock-Market Strategies
Bloomberg126d agoneutral
Trump’s 3,711 Trades Point to Multiple Stock-Market Strategies

(Bloomberg) -- President Donald Trump’s latest financial disclosure has drawn scrutiny for its astonishing scale: 3,711 trades, almost entirely in shares of companies across America, including many whose fortunes can turn on federal policy.Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentUAE Joins Saudis, Qatar in Urging Trump Not to Restart WarTrump to Force Foreigners Seeking Green Cards to Go Home FirstAttack on UAE Nuclear Plant From Iraq ‘Warning Shot’ by Ira

Google appeals US court ruling on search monopoly
Reuters126d agoneutral
Google appeals US court ruling on search monopoly

Alphabet's Google on Friday appealed a Washington federal judge's ruling ‌that it holds illegal monopolies in online search ‌and related advertising. • Google argued that U.S. ​Judge Amit Mehta made legal errors in his 2024 ruling, which found the company illegally blocked competitors by paying billions of dollars annually to firms including Apple ‌to be the ⁠default search engine on new devices. • The arrangements did not prevent the device ⁠makers and browser developers from promoting rival search services like Microsoft's Bing, Google argued.

AMD asking partners to ramp up production, CEO says
Reuters127d agoneutral
AMD asking partners to ramp up production, CEO says

Advanced ‌Micro Devices ‌CEO Lisa ​Su said on Friday in Taipei ‌that ⁠the company was asking ⁠its partners to ​ramp ​up ​production given ‌strong demand for AI. AMD is a major customer ‌of ​TSMC, ​the ​world's ‌largest contract chipmaker. (Reporting ​by ​Wen-Yee Lee; Writing ​by ‌Ben Blanchard; Editing ​by Jacqueline ​Wong)

Bank of America resets Nvidia stock price target after earnings
TheStreet127d agoneutral
Bank of America resets Nvidia stock price target after earnings

Nvidia (NVDA) started as a video game chipmaker. It invented the term Graphics Processing Unit (GPU). Used the crypto boom to its advantage. And it is now the king of AI, thanks to its CUDA software moat. The stock is down 2.34% at $218.23 at the time of writing, Thursday morning, May 21, according ...

Canadian regulator triples US streamers' financial contributions to Canadian content
Associated Press127d agoneutral
Canadian regulator triples US streamers' financial contributions to Canadian content

Large online streaming services must contribute 15% of their Canadian revenues to Canadian content, the country's federal broadcast regulator said Thursday. The CRTC made the decision as part of its implementation of the Online Streaming Act, which the U.S. has identified as a trade irritant ahead of trade negotiations with Canada. “The total contributions are expected to stabilize the funding at more than $2 billion in support of Canadian and Indigenous content, such as French-language content and news,” the regulator said in a press release.

Amkor working with AMD on advanced packaging after acquiring more land in Arizona
Reuters127d agoneutral
Amkor working with AMD on advanced packaging after acquiring more land in Arizona

Amkor Technology is working with Advanced Micro Devices on packaging AMD's chips, ‌Amkor said on Thursday. Earlier this week, Amkor said it ‌had secured 67 additional acres of land in Arizona next to a 104-acre ​parcel where it is developing a new campus where it plans to start production in 2028. Modern data center chips such as those from AMD and Nvidia consist of multiple chips packaged together, and ‌those packaging steps have ⁠become a key bottleneck in chip production.

SpaceX unveils $1.29B bitcoin stash in high-valuation IPO filing
Yahoo Finance Video127d agoneutralVIDEO
SpaceX unveils $1.29B bitcoin stash in high-valuation IPO filing

Scott Melker discusses SpaceX’s (SPAX.PVT) confirmed June 12 Nasdaq (^IXIC) IPO debut and the company’s disclosure of a substantial bitcoin holding in its filing. “The Daily Wolf with Scott Melker” airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Nvidia earnings: They're accelerating into growth, not slowing down
Yahoo Finance Video128d agoneutralVIDEO
Nvidia earnings: They're accelerating into growth, not slowing down

Despite beating first quarter earnings estimates, Nvidia's (NVDA) stock reaction has been largely muted as the AI chipmaker's results evidently failed to wow investors. The company's guidance also beat forecasts while it announced an $80 billion share buyback program. Freedom Capital Markets managing director Paul Meeks joins Yahoo Finance Executive Editor Brian Sozzi's panel to discuss whether he believes Nvidia is showing signs of slowing down in the AI race.

Major takeaways from Magnificent Seven's AI-fueled earnings
Reuters128d agoneutral
Major takeaways from Magnificent Seven's AI-fueled earnings

The latest quarterly earnings from Big Tech companies have given investors ample reason to stay invested in the AI trade, helping lift equities despite the unprecedented disruption in ‌the oil markets that has clouded the economic growth outlook. Nvidia rounded out the results from the so-called ‌Magnificent Seven that includes Alphabet, Apple, Microsoft, Amazon.com, Meta Platforms and Tesla. Revenue ​growth at the Magnificent Seven remains highly uneven, with Nvidia's blistering pace helping maintain its dominant lead.

150 Years of Market History Predicts Trump’s Bull Market Is Almost Over
24/7 Wall St.129d agoneutral
150 Years of Market History Predicts Trump’s Bull Market Is Almost Over

President Donald Trump’s second term has delivered a stock market rally few investors expected would survive the turbulence thrown at it. Tariff battles rattled global trade. The so-called “SaaS-pocalypse” crushed once-highflying software stocks. Treasury yields climbed above 5% more than once. Yet each pullback eventually gave way to another rebound, pushing the S&P 500 to ... 150 Years of Market History Predicts Trump’s Bull Market Is Almost Over