Category: Apple
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Apple Shares Are Losing Haven Allure as Headwinds Deter Bulls
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(Bloomberg) – For years, investors talked about Apple Inc. As a potential safety port in times of turmoil in the market. This was not removed this time. Most of them read from Bloomberg The iPhone maker fell in the last sessions, where the weak performance of the year expanded to…
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Apple unveils $500bn US investment drive to circumvent Trump’s China tariffs
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Apple has announced plans to spend 500 billion dollars (400 billion pounds) and employ 20,000 additional employees in the United States, as it seeks to protect itself from the impact of the latest tariff for President Donald Trump targeting goods in China. Tim Cook, CEO of Apple, revealed a four…
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Apple investors reject proposal against diversity policies
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(Reuters) – Apple shareholders rejected the proposal of an external investor against its diversity, stock and inclusion policies at an annual meeting on Tuesday, as they achieved a great victory for the technology giant such as the opposition against such efforts that gain traction in the United States in the…
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Alibaba to partner with Apple on AI features, sending shares to 3-year high
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From Casey Hall Its president said on Thursday that Shanghai (Reuters) -Apple will participate with APLE to support IPHONE services in China, that the step that the American company is likely to help reduce smart phone sales in its main market. For Alibaba, this partnership is a great victory in…
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Apple Inc. (AAPL) Stock Forecasts
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summary We have studied monthly, separate and annual revenues in the stock market since 1980. February is not one of the best months. On average, the shares rise less than 0.2 % in the shortest month per year. Only the months of August and September have given the weaker revenue.…
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Dow, S&P 500, Nasdaq move higher with Apple earnings in the wings
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US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. The S&P 500 (^GSPC) gained 0.5%, while the Dow Jones Industrial Average (^DJI) rose nearly 0.4%. The tech-heavy Nasdaq Composite (^IXIC) was up…
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Apple CEO Pay Rises 18%; Company Opposes Anti-Diversity Measure
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(Bloomberg) — Apple Inc. unveiled an 18% pay increase for CEO Tim Cook ahead of its annual meeting next month, while also saying it opposes shareholder action calling for an end to the company’s diversity program. Most read from Bloomberg Apple said in its annual proxy filing on Friday that…
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Apple agrees to £77M settlement over alleged Siri eavesdropping
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Apple has pledged to pay $95 million (£77 million) to settle a US class action lawsuit alleging its virtual assistant Siri recorded private conversations without users’ consent. The proposed settlement, filed in federal court in Oakland, California, comes after a five-year legal dispute that covers tens of millions of Apple…
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Apple to pay $95 million to settle lawsuit accusing Siri of snoopy eavesdropping
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Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-conscious company of spreading its virtual assistant, Siri. To eavesdrop For people who use iPhone and other modern devices. The proposed settlement filed Tuesday in federal court in Oakland, California, would resolve a 5-year-old lawsuit revolving around…
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Why XRP Could Be 10X Bigger Than Apple, Nvidia: Wealth Guru
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Ripple’s XRP has been the subject of media attention lately, and for good reason. The cryptocurrency has seen a significant increase in 2024, with gains of more than 258% since the beginning of the year. XRP price It has risen significantly from a low of $0.22 in early 2021 to…
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Nvidia Outshines Apple As World’s Biggest Company
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Nvidia, the leading American software company, regains the title The most valuable company in the world In terms of market capitalization, superior to technology giant Apple. The company’s shares jumped 2.5% during trading hours on Tuesday, raising its market value to nearly $3.44 trillion, surpassing Apple’s $3.37 trillion. The world’s…
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Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock
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Breadcrumb links PMN BMN Business Article writer: Associated Press Josh Funk Published on November 02, 2024 • Last updated 2 hours ago • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – Contributor Tina Schmidt of…
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Warren Buffett stocks: Berkshire sells more Apple stock
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Warren Buffett now has more than $325 billion in cash after continuing to unload billions of dollars worth of Apple and Bank of America stock this year and continuing to collect a steady stream of dividends from all companies. Berkshire Hathaway Diversified business without finding any major acquisitions. Berkshire said…
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Warren Buffett stocks: Berkshire sells more Apple stock
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Warren Buffett now has more than $325 billion in cash after continuing to unload billions of dollars worth of Apple and Bank of America stock this year and continuing to collect a steady stream of dividends from all companies. Berkshire Hathaway Diversified business without finding any major acquisitions. Berkshire said…
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Apple sales grew 6% over the last quarter with a rebound in iPhone demand
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Apple’s revenue rose 6% in its fiscal fourth quarter, as iPhone sales rebounded and the company reported growth in all of its business units except the wearables category. Apple reported Thursday that total sales in the three months ended Sept. 28 rose year-over-year to $94.9 billion, slightly above Wall Street…
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Dow drops 300 points, Nvidia, Apple close at fresh records
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Stocks closed mixed on Monday as 10-year Treasury yields rose and investors braced for a busy week of top-tier earnings that could push or pull a record high. The S&P 500 (^GSPC) fell nearly 0.2%, pulling away from a new all-time closing high and its sixth straight weekly win. The…
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Indonesia asks Apple, Google to block China’s Temu to protect small merchants By Reuters
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JAKARTA (Reuters) – Indonesia has asked Alphabet Inc (NASDAQ:) and Google (NASDAQ:) to ban Chinese fast-fashion e-commerce company Temu in their app stores in the country so it cannot be downloaded, an Indonesian minister said on Friday. . Communications Minister Budi Ari Setiadi told Reuters that the move aims to…
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Indonesia asks Apple, Google to block China’s Temu to protect small merchants By Reuters
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JAKARTA (Reuters) – Indonesia has asked Alphabet Inc (NASDAQ:) and Google (NASDAQ:) to ban Chinese fast-fashion e-commerce company Temu in their app stores in the country so it cannot be downloaded, an Indonesian minister said on Friday. . Communications Minister Budi Ari Setiadi told Reuters that the move aims to…
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India to probe fire at Tata plant making components for Apple iPhones By Reuters
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Written by Haripriya Suresh and Praveen Paramasivam BENGALURU (Reuters) – Indian authorities are set to launch a criminal investigation into the cause of a fire that broke out on Saturday at a Tata Electronics factory that makes components for Apple Inc’s iPhones, an official in the Indian state of Tamil…
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Apple drops out of talks to join OpenAI investment round, WSJ says By Reuters
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(Reuters) – Apple Inc (NASDAQ:) has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the Wall Street Journal said on Friday. The technology giant recently withdrew from the talks, which are scheduled to conclude next week, the newspaper said, citing a person familiar…