Key Takeaways Microsoft on Friday announced that it will be shutting down Skype on May 5. The software giant said it will be focusing instead on its home-grown voice, video, and chat service, Teams. Microsoft bought Skype in 2011 for […]
Microsoft Is Shutting Down Skype To Focus on Its Teams Application Read More »
Key Takeaways Apple shares closed at an all-time high Thursday after Wedbush analysts told clients the iPhone maker could be headed for a “golden era of growth” in 2025, driven by demand for artificial intelligence (AI). The analysts raised their
Apple Stock Hits All-Time High Thursday as Analyst Sees ‘Golden Era of Growth’ With AI Read More »
Key Takeaways Morgan Stanley kept Apple as its “Top Pick” for 2025 as the bank sees the tech giant’s artificial intelligence (AI) product driving iPhone sales. Morgan Stanley analysts said Apple is on the cusp of “its largest device upgrade
Apple Remains the ‘Top Pick’ at Morgan Stanley, Which Sees AI Driving iPhone Sales Read More »
Key Takeaways Shares of Tesla pulled back from multiyear highs after a judge ruled for a second time against the EV maker’s pay package for CEO Elon Musk. The company said it would appeal the decision. Tesla shares have been
Tesla Stock Hits a Speed Bump as Judge Rules Against Musk’s Pay Deal Read More »
Key Takeaways Major U.S. indexes gained at midday Tuesday as investors awaited the results of the U.S. presidential election. Shares of Trump Media & Technology Group, the social media company majority owned by former President Donald Trump, surged as some
Trump Media, Tesla, Palantir, and More Read More »
Key Takeaways U.S. equities opened November on a positive note and were rising at midday, with tech stocks getting a lift from Amazon’s earnings. Charter Communications beat profit and sales estimates as it lost fewer customers than expected. Apple reported
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Key Takeaways Amazon’s two-day Prime Big Deals Days this week set a record for sales and items sold at an October event, the company said. Rivals Target and Walmart are also holding early holiday shopping season sales events. Bain &
Amazon Sets an October Event Sales Record as Retailers Eye the Holiday Season Read More »
Key Takeaways Oracle shares headed to a new closing high on enthusiasm for the company’s reach into the artificial intelligence market. The stock got a boost from a report that ChatGPT developer OpenAI is looking beyond Microsoft to supply servers.
Oracle Shares Head Toward a New Closing High on AI Enthusiasm Read More »
Key Takeaways United Natural Foods shares surged 25% Tuesday after the Whole Foods supplier reported a surprise adjusted profit on higher volumes and inflation. The grocery wholesaler posted adjusted earnings per share of $0.01, while analysts were anticipating a per-share
Whole Foods Supplier United Natural Foods’ Stock Soars on Surprise Profit Read More »
Key Takeaways Major U.S. indexes lost ground at midday Tuesday as worries about rising tensions in the Middle East weighed on markets. Oil prices rose, lifting shares of APA and other companies in the oil industry. Apple shares fell as
APA, Apple, Tesla, and More Read More »
