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Apple Inc

Nasdaq in correction territory; Berkshire’s cash holdings reach record high

by Milton Acorn
Nasdaq in correction territory; Berkshire’s cash holdings reach record high

Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City.  Michael M. Santiago | Getty Images This report …

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Categories Science

Berkshire Hathaway earnings 2024 Q2

by Adrian Jhonsan
Berkshire Hathaway earnings 2024 Q2

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024.  David A. Grogan Berkshire Hathaway‘s cash pile …

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Categories World

Warren Buffett’s Berkshire Hathaway sold nearly half its stake in Apple

by Adrian Jhonsan
Warren Buffett’s Berkshire Hathaway sold nearly half its stake in Apple

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024.  David A. Grogan Warren Buffett’s Berkshire Hathaway …

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Categories World

Tech stocks wrap up steepest three-week slump in two years, led by plunge in Amazon and Intel

by Ev Richard
Tech stocks wrap up steepest three-week slump in two years, led by plunge in Amazon and Intel

Signage outside the Nasdaq MarketSite in New York on March 23, 2023. Stephanie Keith | Bloomberg | Getty Images With second-quarter earnings from tech’s mega-cap companies largely in the rearview …

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Categories Technology

Google pulls AI ad for Olympics following backlash

by Ev Richard
Google pulls AI ad for Olympics following backlash

Google pulled an ad it showed during the Olympics that touted its AI chatbot Gemini writing a fan letter to an athlete. Google has pulled an Olympics ad for its …

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Categories Technology

Berkshire’s cash pile could top $200 billion as Buffett sells stock

by Adrian Jhonsan
Berkshire’s cash pile could top 0 billion as Buffett sells stock

Warren Buffett in Omaha, Nebraska, on May 3, 2024. David A. Grogan Berkshire Hathaway‘s highly scrutinized cash pile could top $200 billion — more than the entire annual gross domestic …

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Categories World

U.S. and Asian stocks fall; 10-year Treasury below 4%

by Adrian Jhonsan
U.S. and Asian stocks fall; 10-year Treasury below 4%

U.S. stocks fell sharply on Thursday as weaker-than-expected jobs and manufacturing data sparked concerns about a rapid economic slowdown. Andreas Arnold | Picture Alliance | Getty Images This report is …

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Categories World

Apple strong quarter puts it on sure footing ahead of AI iPhone launch

by Adrian Jhonsan
Apple strong quarter puts it on sure footing ahead of AI iPhone launch

Apple delivered quarterly beats after Thursday’s closing bell ahead of what’s expected to be a robust artificial intelligence iPhone upgrade cycle in the months the come. Revenue in Apple’s fiscal …

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Categories World

Apple spending more on AI, but remains behind its Silicon Valley peers

by Ev Richard
Apple spending more on AI, but remains behind its Silicon Valley peers

Apple CEO Tim Cook opens WWDC 2024 in Cupertino, California, on June 10, 2024. Source: Apple The topic of greatest interest to analysts on Apple’s quarterly earnings call on Thursday …

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Categories Technology

Amazon (AMZN) Q2 earnings report 2024

by Ev Richard
Amazon (AMZN) Q2 earnings report 2024

Amazon CEO, Andy Jassy speaking with CNBC’s Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Amazon is set to report second-quarter earnings after the bell …

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Categories Technology
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