Faizan Farooque

Morgan Stanley reduced its earnings estimates for Apple (AAPL, Financials) and lowered its price target, citing the impact of China tariffs and a delayed rollout of the company’s artificial intelligence updates. A research report from analyst Erik Woodring shows the […]

Apple (AAPL, Financials) delayed some artificial intelligence improvements to its voice assistant Siri until 2026, pushing back an initial rollout planned for 2025. The company did not provide a reason for the delay. Part of Apple’s larger AI plan, the

Stifel analysts reduced their price target for Microsoft (MSFT, Financials) to $475 from $515 while maintaining a Buy rating. The adjustment follows discussions with Microsoft’s investor relations team, with analysts noting a shift in focus toward capital expenditure efficiency rather

Indonesia issued local content certificates for 20 Apple (AAPL, Financials) products on Friday, including the upcoming iPhone 16, clearing an initial regulatory requirement for the company to sell its devices in the country, Reuters reported. Getting the accreditation from Indonesia’s

Microsoft (MSFT, Financials) announced a $290 million investment to expand its cloud and artificial intelligence infrastructure in South Africa by 2027. The action builds on the company’s earlier $1.1 billion data center investment in Cape Town and Johannesburg. The most

Apple (AAPL, Financials) is preparing to enter the foldable smartphone market with its first-generation foldable iPhone, expected to launch in late 2026, TF International Securities analyst Ming-Chi Kuo said in a Medium post. Industry estimates indicate the gadget might reach

Apple’s (AAPL, Financials) App Store revenue climbed 14% year over year in the first 65 days of 2025, reaching $5.3 billion, according to Bank of America, which cited data from Sensor Tower. Rising consumer expenditure on digital services accounts for

Tesla (TSLA, Financials) saw a sharp decline in vehicle registrations across France and Scandinavia in February, marking a significant drop in market share as the electric vehicle manufacturer faces mounting competition and political backlash. Industry data shows that Tesla registrations

Amazon Web Services, the cloud computing arm of Amazon (AMZN, Financials), plans to invest $8.2 billion in India’s Maharashtra state over the next few years, according to a Reuters report. The investment is intended to enhance AWS’s infrastructure in one

Anthropic, the artificial intelligence company backed by Amazon (AMZN, Financials), has secured $3.5 billion in a Series E funding round, bringing its post-money valuation to $61.5 billion. Lightspeed Venture Partners led the funding; among other investors, Bessemer Venture Partners, Cisco