Apple’s results suggest the iPhone 18 launch strategy is really working
Yesterday’s AAPL earnings report revealed record revenue for a September quarter, and it contained an arguably even bigger record: iPhone revenue. Indeed, this year’s quarter only includes two new iPhone models, compared to four released last…
Brent Flash collapses to $6 before rebounding towards $104
Brent crude plunged more than $6 a barrel on Tuesday morning, falling from $107.24 to $100.80 before recovering around $104 shortly after 10 a.m. Eastern Time as traders reacted to a succession of conflicting reports on peace negotiations between the…
Analysts Downgrade Marvell, Cut Price Targets Following Lumentum Deal
Investing.com — TD Cowen and Bank of America both downgraded Marvell Technology on Tuesday, citing concerns about the chipmaker’s acquisition of Lumentum. Still wondering which stocks will beat the market? Our AI portfolio is updated monthly…
Job openings posted a big gain in September, a positive sign for the labor market ahead of the payrolls report
Job openings increased in September, as did the number of workers leaving their jobs, the Bureau of Labor Statistics reported Tuesday, while hiring also increased and layoffs decreased. In its monthly analysis of the labor market slowdown and worker…
Apple beats Wall Street forecasts with first Q4 results led by Ternus
Fourth-quarter 2026 financial results are in, the first under new CEO John Ternus, with Apple’s revenue at $114.5 billion. The fourth quarter results bring to an end Apple’s fiscal year, an extremely transitional year for the company. These…
Usona files NDA for psilocybin for depression as race with compass tightens
Reporting by Josh Hardman and Noah Smith. Nonprofit psychedelic research organization Usona Institute finalized the submission of a new drug application (NDA) to the United States Food and Drug Administration (FDA) for its candidate psilocybin for major…
Santoli: AI bull market needs tech stocks
Get Mike Santoli’s Market Memo in your inbox first. SUBSCRIBE HERE The path to bull market glory doesn’t go through Walmart, Berkshire Hathaway, and Eli Lilly. There has been near-panic buying in traditionally defensive, high-quality stocks…
CVR Energy nears $4 billion refinery deal with Marathon
Marathon Petroleum is close to reaching a deal to sell several refineries to CVR Energy, worth an estimated $4 billion, the Wall Street Journal reported, citing unnamed sources. The deal could be announced later today. The refining sector has become the…
Stock market today: Dow Jones falls on election day; Apple and Palantir Plunge on Profits
The Dow Jones Industrial Average and other major stock indexes were very mixed Tuesday as Wall Street awaited results from the crucial midterm elections. Meanwhile, Apple (AAPL) and Palantir Technologies (PLTR) sold off on the stock market today after…
Apple CEO John Ternus criticized for ‘scripted’ approach during first earnings conference call.
Investors didn’t seem too happy with Apple’s earnings announcement yesterday, despite record results. This likely reflects the company’s cautious approach to margins in the current quarter, but some have also criticized what they…