Apple Inc
PayPal brings many of its brands under a single umbrella, but Venmo remains a stand-alone
A PayPal sign is seen at its headquarters in San Jose, California, on Jan. 30, 2024. Justin Sullivan | Getty Images News | Getty Images For Frank Keller, it’s a pivotal moment at PayPal. After two years, two CEOs and endless brand strategy meetings, the company is, in his view, ready to redefine the world […]
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Apple to open AI server factory in Texas as part of $500 billion U.S. investment
Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple plans to open a new factory for artificial intelligence servers in […]
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Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter
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. Grogen | CNBC The mystery over Warren Buffett’s surprisingly defensive stance deepened over the weekend. The 94-year-old CEO of Berkshire Hathaway sold more stocks in the latest quarter and grew […]
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Fintechs like Block and PayPal are battling like never before to be your all-in-one online bank
Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey’s Block got started as Square, offering small businesses a simple way to accept payments via smartphone. Affirm began as an online lender, giving consumers […]
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Nvidia and PCE will have to deliver next week for a stock market in search of direction
A stock market in search of direction could very well get one next week. Investors are about to react to two potentially major market-moving events in the week ahead. Nvidia is set to come out with its first earnings report since China’s DeepSeek in January rattled the outlook for artificial intelligence companies. And last month’s […]
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Google to be hit with EU charges of breaching Big Tech rules: Reuters
Future Publishing | Future Publishing | Getty Images Alphabet unit Google is set to be charged with breaching EU rules aimed at checking the power of Big Tech after proposed changes to its search results failed to address the EU antitrust regulator’s concerns and those of its rivals, three people with direct knowledge of the matter […]
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Apple’s Vision Pro has a problem a year into its existence: Not enough apps
Apple CEO Tim Cook (L) takes a selfie with a greets customers on arrival for the release of the Vision Pro headset at the Apple Store in New York City on February 2, 2024. Angela Weiss | AFP | Getty Images When Apple revealed the Vision Pro in 2023, it called the $3,500 headset its […]
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CNBC Daily Open: The Fed, concerned over Trump tariffs, might hold rates
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Members of the U.S. Federal Reserve’s rate-setting committee unanimously agreed to hold rates steady in January because they were, […]
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CNBC Daily Open: The Fed might pause rates over Trump tariff concerns
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Members of the U.S. Federal Reserve’s rate-setting committee unanimously agreed to hold rates steady in January because they were, […]
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Apple will need to raise prices for the iPhone, other products 9% to fully offset Trump’s coming tariffs, estimates Bank of America
Key Points Apple will need to hike prices around 9% to mitigate the effect of tariffs put into place by President Donald Trump, according to Bank of America. Apple has been under the microscope amid the ongoing tariff discussions. Source
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