Micron stock was building on huge gains from the previous day as Apple and Amazon confirmed there’s no end in sight to the memory-chip shortage.
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Faster upgrades and more customers buying higher-priced devices are likely to be Apple's goals.
For most of its existence, CXMT bled cash. Today, it’s the king of Chinese chip makers. Learn just how big some analysts think this DRAM darling could grow.
↗️ SK Hynix (KR:000660), Samsung (KR:005930): Shares of both chipmakers surged over 25% in Asian trading, staging a strong recovery after a turbulent week. Peers Marvell (MRVL), Intel (INTC), Micron (MU), also moved higher.
Which is worth more: a company that’s sitting out Big Tech’s mega AI spending spree or a company that’s fueling it?
On Stocktwits, retail sentiment for SPY remained 'bearish,' and improved to 'neutral' on QQQ as investors warmed to the latest AI-driven earnings.
Buffett initiated a position in Alphabet last year, and Abel has loaded up on it this year.
Apple shares dropped 7.3% before the bell on Friday as the tech giant warned that supply constraints would hurt growth, prompting investors to look beyond near-term shortages to gauge the hit from an expected iPhone price hike. The decline puts Apple on track to shed roughly $361.6 billion in market value, if the losses hold. The company's outlook highlighted a broader industry challenge, with AI-driven demand tightening supplies of advanced chips and memory, driving up costs and prolonging supply-chain bottlenecks across the technology sector.
Stocks were on track to end the week on an upbeat note after Big Tech earnings revived optimism in the artificial intelligence trade.
Sovereign compute has moved beyond theoretical policy, manifesting as a tangible race to secure massive, state-integrated infrastructure. DeepSeek’s 1-gigawatt (GW) data center project in Ulanqab, Inner Mongolia, exemplifies this shift, signaling that the next phase of the US-China technology competition will be defined less by individual model performance and more by the sheer scale of […]
Apple Inc.’s (NASDAQ:AAPL) record-breaking fiscal third quarter is being overshadowed by looming fourth-quarter supply shortages. The surprising culprit? The tech giant underestimated consumer demand for its own products, contributing to a weaker-than-expected September-quarter outlook and a sharp drop in after-hours trading. ‘A Demand Forecast Issue’ Despite posting its strongest June quarter ever, Apple expects its September-quarter revenue growth to decelerate to 9% to 11%. The company projec
Apple has warned it is seeking alternative memory chip suppliers as "very significant" constraints threaten future sales of its key devices. Shares in the world's most valuable listed company fell by more than 5% in US after-hours trading last night when the maker of the iPhone, MacBook and iPad's forecasts for revenue growth came in weaker than expected. Chief executive Tim Cook admitted that well publicised bottlenecks in advanced chips meant it was struggling to get the parts needed to deliver products.
Apple Inc. (NASDAQ:AAPL) is facing rising memory chip costs that could pressure its business beyond the September quarter, with outgoing CEO Tim Cook saying the company is exploring ways to manage the impact without revealing whether higher costs could eventually affect product pricing. Apple Warns Memory Costs Are Rising Again During Apple’s fiscal third-quarter earnings call, Evercore analyst Amit Daryanani asked Cook whether the company’s efforts to secure more memory supply were aimed at pro
Apple’s iPhone revenue jumped by almost 22% in the three months to June, but its forecast for the current quarter fell short of analysts’ expectations.View on euronews
Apple Inc (AAPL) posts a record June quarter with $109.4 billion in revenue, but faces supply constraints and memory cost inflation that pressure September guidance.
Amazon.com, Inc. (NASDAQ:AMZN) shares jumped Thursday after the company delivered stronger-than-expected second-quarter earnings, with investors and analysts praising accelerating Amazon Web Services profitability as evidence that returns on artificial intelligence investments are beginning to materialize. Cramer Calls Amazon ‘Astonishing’ After AWS Delivers CNBC host Jim Cramer called the results “astonishing,” in a post on X, though he said Microsoft Corp. (NASDAQ:MSFT) remains the standout am
Nvidia could easily soar to new heights over the next few months.
The iPhone maker said supply constraints and currency headwinds will continue to weigh its business in the ongoing quarter.
The iPhone maker said sever constraints in the supply chain will affect sales of iPhones, Macs, and iPads in the current quarter.
Anyone who has shopped for a new phone, laptop, or VR headset this summer probably noticed something odd. The usual discount that comes with an aging model never showed up. Prices held steady, and in some cases climbed. Apple just did it, and the trend is spreading everywhere. That is backward. A ...
Apple is worried enough about supply shortages that it reported about $11.1 billion in inventory, which is almost double the $5.7 billion it reported last September.
Apple expects September quarter revenue to grow between 9% and 11% from the prior year, below expectations.
Apple (NASDAQ:AAPL) reported fiscal third-quarter revenue of $109.4 billion, up 16% from a year earlier and a June-quarter record, as double-digit gains in iPhone, Mac and services offset supply constraints and foreign-exchange headwinds. Net income totaled $29.8 billion, while diluted earnings per
Tim Cook delivered his final earnings call as Apple's (AAPL) CEO before passing the baton to incoming CEO John Ternus.
Apple beat market expectations in its latest results on Thursday, capping Tim Cook's final earnings report as CEO with a strong showing, although the outlook for the current quarter disappointed investors.Apple touched a $5 trillion market value this week, while some rivals have seen their shares punished as investors question the profitability of their huge AI bets.
Apple said a slowdown in mobile gaming and changes to the App Store’s business model—including court-ordered payment rule changes in the U.S.—weighed on its services business, even as the company topped 1.5 billion paid subscriptions.
Apple stocks tumbled in late trading after component shortages weighed on the company's sales forecast, signaling that industrywide supply constraints are taking a bigger toll than anticipated. It also gave a forecast that is weaker than expected, further hurting the stock in the after market. Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman reacts to the mixed earnings report. Bloomberg.com and Terminal subscribers can send in their questions for Carol Massar and Tim Stenovec to ask guests live on-air. Just go to Bloomberg.com/askradio