Mobile
Trump says he talked to Apple CEO Tim Cook after China tariff rollback
Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025. Shawn Thew | Afp | Getty Images President Donald Trump said Monday that he talked to Apple CEO Tim Cook after the […]
Read More
Tech’s strong ad sales are showing signs of cracking from Trump’s trade war
Mark Zuckerberg arrives before the inauguration of Donald Trump as the 47th president of the United States takes place inside the Capitol Rotunda of the U.S. Capitol building in Washington, D.C., Monday, Jan. 20, 2025. Kenny Holston | Via Reuters The digital advertising market was sunny enough for investors this past quarter, providing what could […]
Read More
Pinterest shares rise 15% on better-than-expected guidance
Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024. Brendan McDermid | Reuters Pinterest shares rose 15% in extended trading Thursday after the company reported first-quarter earnings and provided better-than-expected guidance. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Revenue: $855 […]
Read More
Apple says Epic Games contempt ruling could cost ‘substantial sums’
An Apple store in Walnut Creek, California, U.S., on April 30, 2025. Paul Morris | Bloomberg | Getty Images Apple is asking a court to pause a recent decision in its case against Epic Games and allow the iPhone maker to once again charge a commission on in-app transactions that link out for payment. Last […]
Read More
AppLovin shares pop on earnings beat as it announces sale of mobile gaming business
Thomas Fuller | SOPA Images | Lightrocket | Getty Images AppLovin shares soared as high as 15% in extended trading after the company reported earnings and revenue that beat expectations and announced the sale of its mobile gaming business. Here’s how the company did compared to LSEG consensus estimates: Earnings: $1.67 per share vs $1.45 […]
Read More
AMD earnings beat as overall sales surge by 36%
Lisa Su, CEO of AMD, attends the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 10, 2025. Benoit Tessier | Reuters Advanced Micro Devices reported first fiscal quarter earnings on Tuesday that topped expectations, and provided a strong forecast for current quarter revenue. Shares of AMD rose in extended trading more than […]
Read More
Apple has managed tariffs so far, but Cook lacks long-term answers
Apple CEO Tim Cook, after nearly a month of anticipation from investors, on Thursday finally revealed how Apple was navigating the Trump administration’s tariffs. The company only saw a “limited impact” on tariffs between January and the end of March, Cook told investors on an earnings call for the company’s second quarter results. For the […]
Read More
Reddit reports strong sales and issues optimistic guidance
Reddit reported first-quarter revenue on Thursday that beat Wall Street expectations, and issued better-than-expected guidance. The stock initially soared by as much as 19% in after-hours trading, but receded to around 5% when executives discussed the shaky economy and Google search-related challenges. Here’s how the company did compared with LSEG estimates: Earnings per share: 13 cents […]
Read More
Amazon’s ad business grew 19% in first quarter, topping estimates
A woman cleans the store window of the Amazon house after activists sprayed paint on its logo during a protest on the opening day of the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 20, 2025. Yves Herman | Reuters Amazon reported a 19% increase in online ad revenue in […]
Read More
Court finds Apple, executive lied under oath in Epic Games trial
Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York on Aug 1, 2018. Lucas Jackson | Reuters Apple willfully violated a 2021 injunction that came out of the Epic Games case, Judge Yvonne Gonzalez Rogers said in a court filing on Wednesday. She wrote that Apple […]
Read More