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The Latest Breaking News from Daniel Ives

Wedbush Analyst Gives The Overall Praise Of Apple’s Performance In First Quarter Earnings

Apple scored over $117 billion in earnings in the first quarter but down 5% from last year as the company continues to thrive.

Zenger

Apple Bets On Growth In India With Retail, Manufacturing Expansion

Consumer electronics giant Apple is betting India will become its next big growth market, and plans to open retail stores in Mumbai and Delhi.

Investors Business Daily

Tesla Stock Has Second Worst Day In 2023 After Earnings As 'This Keeps Investors Up At Night'

Tesla sank on the first-quarter earnings report as profit margins plunged below a 20% "floor" due to big price cuts.

Investors Business Daily

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Eyes on Apple to Join Quest for the Metaverse

Apple fans are watching to see whether the iPhone-maker puts a culture-changing spin on virtual reality, even as rivals slow their march toward the metaverse. All eyes are on whether Apple will commit to releasing long-rumored VR or augmented reality (AR) "goggles" at its annual Worldwide Developers Conference in June,…

Asharq Al-Awsat

Tesla Q1 Deliveries Edge Past Estimates As Company’s Price Cuts Boost Model Y And 3 Sales

Tesla has slashed prices in order to maintain sales for the Model 3 and Y as it had exceeded expectations in the amount of unit

Zenger

Tesla Stock Sinks After Q1 Deliveries; Analysts See More Price Cuts

Tesla deliveries hit a record in Q1, but fell short of views yet again. Tesla stock fell Monday, testing a buy point after Friday's breakout.

Investors Business Daily

The SVB collapse 'contagion effect' will make it harder for startups, and more banks may fall

The SVB collapse didn't just leave the banking sector in disarray; technology startups are bracing for a harder time, and there are fears the global economy is at risk of recession.

ABC News

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Will Silicon Valley Bank's collapse spark a US recession with ripple effects across the globe?

Based in California and with about $US200 billion in assets, Silicon Valley Bank (SVB) was the 16th-largest in America, making it the biggest bank failure since the global financial crisis of 2008. The implications for financial markets and the global economy are big.

ABC News

Apple Stock Gets Price-Target Hike On Stable iPhone Demand

Supply chain checks in Asia bode well for Apple iPhone demand this quarter, a Wall Street analyst said.

Investors Business Daily

Tesla Stock On 100% Run From Bear Lows, Analyst Says 'Rally Has Largely Run Its Course'

Tesla stock advanced for eight straight days and gained 68% on the year until Friday. Analysts are signaling the run could end.

Investors Business Daily

Microsoft Touts Artificial Intelligence-Enhanced Search Amid 'AI Arms Race'

Microsoft on Tuesday detailed its strategy for artificial intelligence following its multibillion-dollar investment in OpenAI.

Investors Business Daily

Tesla Stock Continues Rally As 59% Of China Vehicles Exported, China Market Share To Favor Tesla: Analyst

Tesla marched higher as data Wednesday shows 59% of its China-made vehicles in January were exported.

Investors Business Daily

Tesla's Price Cuts Are Putting Extra Pressure On EV Startups

With Tesla’s most recent round of price cuts, EV startups that are struggling to make money may be put in tough positions.

InsideEVs

Tesla Stock Rallies 58% YTD, Top Analyst Says Don't Sell Yet

Tesla has gained 91% since Jan. 6 bear-market lows, but this Tesla bull just hiked his stock price target.

Investors Business Daily

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Investors Business Daily

Apple Sees Improved Outlook; Here's How It's Helping The Stock

After missing its December-quarter targets due to iPhone supply shortages, Apple said production has returned to normal.

WEKU

Tesla's profits soared to a record – but challenges are mounting

The company has seen its share value drop sharply, and rivals are edging into the electric vehicle market. But after doubling its profits in a year, Tesla says it has no plans to slow down.

InsideEVs

Tesla Is A "Sustainability Behemoth," According To Analyst

Tesla is increasingly focusing on renewable energy, rather than just EVs, offering a broad range of solar and energy storage products for clean energy purposes.

Investors Business Daily

After 'Ripping Off Band-Aid,' Microsoft Hopes Bleeding Has Stopped

Microsoft stock has been depressed ahead of the software giant’s fiscal second-quarter report, due out late Tuesday.

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news in one place.

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Investors Business Daily

Microsoft Slashes Workforce Amid Strategic Investments In AI, Cloud

Software giant Microsoft on Wednesday announced plans to lay off 10,000 employees, or roughly 5% of its workforce.

Zenger

Tesla Cuts Prices For Their Lower End Models To Compete With Other U.S. & European Competitors

Tesla Price Cuts Are Right Medicine At The Right Time & how 'Strategic Poker Move' Could Lift EV Maker's Global Sales By 12%-15%.

Investors Business Daily

Tesla Deliveries Hit Record 405,278 In Q4, But Miss Views Despite Big Incentives

Tesla deliveries rose to a record 405,278 in Q4, but fell short of lowered views despite aggressive year-end incentives.

Investors Business Daily

Tesla Stock 'Best Idea' For 2023, Analyst Says, After Worst-Ever Year

Tesla stock looked to rebound after its worst one-day loss in nearly a year. Despite the drop, analysts remain bullish on the EV giant.

Investors Business Daily

Apple iPhone 14 Pro Supply Issues In Focus After Factory Protests

After warning of iPhone 14 Pro shortages from Covid-related disruptions, Apple faces a new problem from worker protests at its main assembly plant in China.

Asharq Al-Awsat

Amazon Begins Mass Layoffs among its Corporate Workforce

Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment. On Tuesday, the company notified regional authorities in California that it would lay off about 260 workers at various facilities that employ data scientists,…

Benzinga

Elon Musk's Personal Actions Put Investors At Risk, Tesla Bull Re-Ups 2018 Letter

The extra workload coupled with the overhang on Tesla Inc (NASDAQ: TSLA) shares from CEO Elon Musk's selling a portion of his stake in the electric vehicle company to help finance the

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