Apple Inc
CNBC Daily Open: Big Tech needs to go beyond beating earnings expectations
A Microsoft store in New York, US, on Friday, Oct. 25, 2024. Jeenah Moon | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You […]
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CNBC Daily Open: For Big Tech, beating earnings expectations is not enough
Microsoft Corp. signage in New York, US, on Friday, Oct. 25, 2024. Jeenah Moon | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You […]
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Apple’s services unit is now a $100 billion a year juggernaut after ‘phenomenal’ growth
Apple CEO Tim Cook (C) joins customers during Apple’s iPhone 16 launch in New York on September 20, 2024. Timothy A. Clary | Afp | Getty Images Apple’s second-largest division after the iPhone has turned into a $100 billion a year business that Wall Street loves. In Apple’s earnings report on Thursday, the company said […]
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BlackRock launches ETF that expands beyond the ‘Magnificent Seven’
ETF Edge BlackRock launches ETF that expands beyond the ‘Magnificent Seven’ Published Thu, Oct 31 20247:00 PM EDTUpdated 54 Min Ago Krysta Escobar WATCH LIVE Source
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Apple sales rise 6%, company shows early iPhone 16 demand
CEO of Apple Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. Manuel Orbegozo | Reuters Apple’s fiscal fourth-quarter results beat Wall Street expectations for revenue and earnings per share but net income slumped after the company paid a one-time charge […]
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Stocks making the biggest moves after hours: Amazon, Apple, Intel and more
Check out the companies making headlines in extended trading. Amazon — The e-commerce giant popped 4.7% after beating earnings expectations on both lines in the third quarter. Amazon reported $1.43 earned per share on revenue of $158.88 billion, while analysts polled by LSEG expected $1.14 and $157.2 billion, respectively. The firm said both its cloud […]
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Amazon earnings are out — here are the numbers
Amazon reported earnings after the bell. Here are the results. Earnings: $1.43 vs $1.14 per share expected by LSEG Revenue: $158.88 billion vs $157.2 billion expected by LSEG Wall Street is also watching several other numbers in the report: Amazon Web Services: $27.5 billion expected, according to StreetAccount Advertising: $14.3 billion expected, according to StreetAccount […]
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Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Wall Street is under pressure Thursday, led to the downside by the tech-heavy Nasdaq Composite , which dropped more than 2%. The S & P […]
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Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
Peter Stern, CEO of Peloton Interactive. Courtesy: Peloton Interactive Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president. Stern, the president of Ford Integrated Services, primarily oversees the automotive company’s subscription services, such as BlueCruise, Pro Intelligence, connectivity and […]
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S&P 500 futures slip after Microsoft reports; traders brace for key inflation data: Live updates
Traders react after the closing bell on the floor at the New York Stock Exchange on March 20, 2024. Brendan Mcdermid | Reuters Stock futures slid on Wednesday evening, as Wall Street absorbed a fresh batch of earnings reports from megacap technology names. S&P 500 futures lost 0.3%, and Nasdaq 100 futures fell 0.4%. Futures […]
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