Apple Financial News

05.08 / 14:01

UPS Apple Forbes performer Berkshire posts record operating profit, $35.9 billion of net income

(Reuters) -Berkshire Hathaway on Saturday posted its highest ever quarterly operating profit, while gains from stock holdings helped the conglomerate led by billionaire Warren Buffett swing to a nearly $36 billion overall profit.

05.08 / 14:01

UPS DOW Apple show week Stock market today: Dow snaps three-week win streak as Apple slump bites tech

Investing.com — The Dow closed lower Friday, snapping a three-week win streak as investors weighed up a slump in Apple and a mixed July jobs report showing fewer than expected job gains in July, but an uptick in wages that threatens a re-acceleration in inflation.

05.08 / 13:57

Apple Chevron Berkshire Hathaway’s operating earnings rise nearly 7%, cash pile approaches $150 billion

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05.08 / 13:33

UPS Apple Forbes performer Buffett's Berkshire posts record operating profit, $35.9 billion of net income

Berkshire Hathaway on Saturday posted its highest ever quarterly operating profit, while gains from stock holdings helped the conglomerate led by billionaire Warren Buffett swing to a nearly $36 billion overall profit. Rising interest rates and dividend payouts, as well as a rebound in performance at the Geico car insurer, have been helping Berkshire's insurance businesses generate more money, with profit up 38% from a year earlier. That helped offset declines at other businesses including the BNSF railroad, where lower shipments of consumer goods and increased price competition from the trucking industry contributed to a 24% drop in overall profit.

05.08 / 12:05

UPS Lowe's Apple NIFTY Fitch show week Expect more volatility this week; be stock selective: Aamar Deo Singh, Angel One

While stock markets have discounted the Fitch downgrade, mixed global cues coupled with a spike in crude oil prices post Ukraine’s drone hit on Russian oil installations, could trigger high volatility in coming weeks, says Aamar Deo Singh, Head Advisory at Angel One. Being selective in investments will be key, he adds.What lies ahead for Nifty after falling 0.66% this week on Fitch factor? Is that priced in now? Most of the major global markets closed in the red last week, on the back of the downgrade of the US credit rating to AA+ by Fitch.

05.08 / 09:11

IPO Aware Apple Tesla Two top executives quit Ola Electric; two more departures likely

leadership levels, amid a culture that emphasizes speed and crunching timelines to near-impossible and unprecedented ends. The company is currently in the process of filing draft IPO papers for a public listing as soon as early next year.

05.08 / 09:11

Provident Apple Sony performer iPhone 15 Standard iPhone 15 series leaks: Standard models likely to get Stacked CIS camera upgrade, Pro models left behind

Apple tipster Ming-Chi Kuo in a post, the iPhone 15 standard models set for release in the second half of 2023 will feature a stacked-designed CIS (Complementary Metal-Oxide-Semiconductor) image sensor. Interestingly, Kuo also mentioned that the iPhone 16 Pro models, scheduled for the second half of 2024, will adopt the same technology. Consequently, this move could put a strain on Sony's high-end CIS capacity, resulting in an advantage for Will Semi as they continue to secure more orders for high-end CIS from Chinese smartphone brands, reported HT Tech.

05.08 / 04:25

Target Citizens Google Mobile Apple Interface phishing scam Warning Beware of phishing scam! IRCTC issues urgent warning against fake mobile app targeting users

Indian Railway Catering and Tourism Corporation (IRCTC) has issued an urgent warning about a malicious and widespread mobile app campaign. Fraudsters have been circulating phishing links on a large scale, attempting to deceive unsuspecting users into downloading a fake 'IRCTC Rail Connect' mobile app.

05.08 / 03:45

Amazon Microsoft Google CEO Apple NVIDIA Big Tech rebounds and preps for transformative AI investments

Google's profit dropped. Shares of Facebook's parent company, Meta, were in free fall. Business growth at Amazon had slowed to its lowest level in two decades.

05.08 / 02:43

NASDAQ DOW Apple performer fall Apple shares fall: Nasdaq major is no more a 3 trillion dollar company

Apple on Thursday reported 2.3% growth in profit at $19.9 billion for the fiscal third quarter as strong performance in the services segment offset a dip in iPhone sales. Its sales declined 1.4% for the fiscal third quarter ended July 1 at $81.8 billion and earnings per share rose 5% to $1.26.

04.08 / 20:51

UPS BLOCK Manufacturing Apple Enterprise DELL country NOT Protectionism 2023? Not quite so PC

security does not constitute a breach of WTO rules, unless contested. Security restrictions are commonplace for countries to impose non-tariff trade barriers. India's notification this week requires importers of IT hardware to obtain a permit from the Directorate General of Foreign Trade (DGFT), which promises to issue these expeditiously.

04.08 / 20:27

Amazon NASDAQ DOW Apple COMPOSITE track reports Stock market today: Wall Street slips following mixed reports on US job market, Big Tech earnings

Stocks closed lower following mixed reports about the U.S. job market and profits at two of Wall Street's most influential stocks

04.08 / 20:27

UPS Booking Amazon Apple Holdings fall Amazon, Booking Holdings rise; Apple, Monster Beverage fall, Friday, 8/4/2023

Stocks that traded heavily or had substantial price changes on Friday: Amazon, Booking Holdings rise; Apple, Monster Beverage fall

04.08 / 20:27

Apple Pool Conns Home on Long Island Sound in Greenwich, Connecticut sells for almost $139 million

Copper Beech Farm, with 50 acres of waterfront property in the tony New York suburb of Greenwich, has sold for just under $139 million

04.08 / 20:27

UPS Digital Google Apple show cover Drop analysts Apple's earnings top analysts' forecasts, but year-over-year sales drop for third straight quarter

Apple eked out slightly higher profit even though sales dipped during its latest quarter

04.08 / 18:37

Manufacturing Apple DELL country social electronic Cos get breather as import curbs on PCs are deferred

NEW DELHI : The government has extended the deadline for implementing import restrictions on laptops, tablets, and servers to 1 November, a late evening government notification said. According to the notification from the Directorate General of Foreign Trade, import consignments can be cleared without a licence until 31 October. “There will be a transition period for this to be put into effect, which will be notified soon," Rajeev Chandrasekhar, minister of state for electronics and information technology, said in a post on social media X on Friday before the notification was issued.

04.08 / 18:37

Digital Apple Samsung show performer country Apple hits India sales record: Cook

NEW DELHI : Apple Inc.’s chief executive Tim Cook on Thursday said that the company achieved “strong double digits" growth to report record revenue in India for the June quarter. “We also opened our first two retail stores during the quarter. And it’s, of course, early going currently, but they’re currently beating our expectations in terms of how they’re doing.

04.08 / 17:56

UPS Target FIVE Amazon Apple show Amazon Shines During Apple’s Off-Season

Global Market Intelligence. That makes delivering significant new growth numbers a challenge that has lately been afflicting both. Amazon has posted single-digit year-on-year revenue growth for five of the last six quarters—a major slowdown from the mid-20% range the company averaged even before its pandemic sales boom.

04.08 / 16:39

BLOCK Booking Amazon Platform Apple Fortinet performer Stocks making the biggest moves midday: Amazon, Apple, Block, Tupperware and more

Check out the companies making headlines in midday trading.

04.08 / 15:11

Provident Target Coca-Cola Manufacturing Apple performer track Holdings Berkshire Hathaway Earnings: Buffett's Top Holdings Hint Positive Q2 Performance

Warren Buffett and Charlie Munger's legendary investment behemoth Berkshire Hathaway (NYSE: BRKa) (BRKb) is poised to reveal its second-quarter 2023 earnings performance during the upcoming weekend, potentially shaping the overall market performance next Monday.

04.08 / 13:49

Facebook Google CEO Mobile Apple Samsung Delhivery Q1 Results: Net loss at ₹89.4 crore, revenue rises 10.5%

₹399 Cr in Q1 FY23 and by 44% on QoQ basis from Rs. 159 Cr in Q4 FY23. Express Parcel shipment volumes grew 19% YoY to 182 million in Q1 FY24 from 152 million shipments in Q1 FY23.

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