Apple rises as rosy forecast lifts hopes for iPhone rebound
Apple shares rose 2% after a rosy forecast fueled hopes of an iPhone sales rebound, even as tough competition and a lack of AI features weigh on demand in key market China.
Apple shares rose 2% after a rosy forecast fueled hopes of an iPhone sales rebound, even as tough competition and a lack of AI features weigh on demand in key market China.
Dockworkers stretching all the way from the East and Gulf coasts went on strike after midnight on Tuesday, which could greatly cause an increase to inflation and cause production shortages for the start of the holiday season.
Microsoft said about 8.5 million Windows devices, or less than 1% of all Windows machines, were affected.
Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this year.
Alphabet shares ended 5.3% higher on Thursday as Wall Street cheered the launch of Gemini.
PayPal added nearly $4 billion to its market value after a pledge to turn “leaner” fired up investors.
Shares of Arm Holdings rose 3% on Monday after a wave of “buy” ratings from Wall Street analysts.