Apple’s stock could underperform, especially without an ‘all-glass’ iPhone, this analyst warns
A Jefferies analyst says that it may be harder than it looks for Apple to roll out dramatically more expensive devices in a bid to boost profitability.
A Jefferies analyst says that it may be harder than it looks for Apple to roll out dramatically more expensive devices in a bid to boost profitability.
IonQ: Tracking Volatile Upsides in Early Stage Revenue Expansion IonQ (IONQ +11.86%) earns the vast majority of its revenue by granting various enterprise clients access to its specialized quantum computing hardware, distributing these capabilities directly through its own proprietary channels and indirectly via integrations with leading third-party cloud service providers. The company finalized the acquisition…
Microsoft added nearly $500 billion in market value ($480 billion, to be exact) in a single trading session on Thursday—a more than 17% surge—after reporting fiscal fourth-quarter results that showed Azure revenue surpassing $100 billion for the first time, with Microsoft Cloud revenue up 27% year over year to $59.3 billion. But blowout results, even…
Crypto presales did slow down over the past few months. As prices across the market remain under pressure, risk appetite has faded and many early-stage projects are struggling to maintain momentum. Capital has become more selective, with investors less willing to back ideas that rely purely on optimistic price narratives. That slowdown, however, does not…
On July 7, Space Exploration Technologies (SPCX -3.41%) made history by becoming the index’s fastest inclusion ever. It’s the first stock to be admitted to the Nasdaq-100 under the new “fast track” rules to account for megacap initial public offerings (IPOs) hitting the market. Despite the hype and headlines surrounding SpaceX joining the index and,…
The Magnificent Seven are the most scrutinized stocks on the market, so calling any of them underrated feels strange. Yet Alphabet (GOOGL -0.91%) (GOOG -0.62%) fits the description. Even after posting 24% revenue growth and blistering cloud numbers, the market keeps treating it like a threatened ad company rather than the artificial intelligence powerhouse it…
Last week, the AICPA’s Professional Ethics Executive Committee (PEEC) discussed revised changes to guidance in the AICPA Code of Professional Conduct related to firm independence and alternative practice structures, such as those funded by private-equity investments. PEEC also discussed revising the definition of “network firm” and adding a new interpretation prohibiting attest client investment in…