Talk about a monster quarter. Apple delivered a great September quarter Thursday evening, even as iPhone supply was constrained by strong demand. The stock really got going after the company’s strong forecast for the holiday quarter. Revenue in Apple’s fiscal 2025 fourth quarter, which ended Sept. 27, rose 8% year over year to $102.47 billion,…
Sopa Images | Lightrocket | Getty Images Netflix is actively exploring a bid for Warner Bros Discovery‘s studio and streaming business, retaining a financial advisor and gaining access to financial information, according to three sources familiar with the matter. The video streaming service has hired Moelis & Co, the investment bank that advised Skydance Media…
While many of the largest tech companies race to build massive data centers for their artificial intelligence ambitions, Apple is taking a more modest approach. Instead of simply buying as many AI chips as possible, Apple buys computing capacity from outside partners, finance chief Kevan Parekh explained Thursday on the company’s fourth quarter earnings call….
Eli Manning’s son Charlie is dressing up as a famous Giants’ quarterback for Halloween, but it’s not his dad. No, Charlie has a different favorite: Current New York QB Jaxson Dart. “I think it’s awesome,” Dart said, flattered by Charlie Manning’s admiration. Dart, however, feels bad that Charlie is repping Dart over Eli. “Obviously, been…
An electronic board shows Shanghai and Shenzhen stock indices as people walk on a pedestrian bridge at the Lujiazui financial district in Shanghai, China April 3, 2025. Go Nakamura | Reuters Asia-Pacific markets opened mostly higher Friday as investors weighed the state of the economy after the truce between U.S. President Donald Trump and his…
The meeting between U.S. President Donald Trump and Chinese Premier Xi Jinping in Busan, South Korea on Thursday yielded a raft of fresh agreements , including on rare earth minerals, fentanyl and soybeans. Investors are now keeping tabs on what the meeting — rated a “12” out of 10 by Trump — could mean for…
Joe Lonsdale, the founder of venture firm 8VC, says that top executives in artificial intelligence are underselling the resources they need to meet their ambitious goals. These companies are ” afraid to scare their investors, and so they are telling them they need a lot less capital, a lot less energy than they know they actually…
After falling behind forced the San Francisco 49ers to throw the ball early and often and run the fewest times in franchise history, they could be ready to grind away on the ground against the New York Giants. With the Giants coming off allowing the most rushing yards in a game of anyone in the…
CNBC’s Jim Cramer unpacked Thursday’s market action, saying that even though tech stocks took a hit, they might not stay down for long, praising recent quarters from Apple and Amazon. “After Apple’s good quarter and fabulous guidance, and Amazon’s great quarter and great guidance, I wouldn’t be surprised if the money comes right back into…
Check out the companies making headlines in after-hours trading. Apple — Apple shares jumped 4% after the iPhone maker posted fiscal-fourth quarter earnings that exceeded analyst expectations. The company also gave a strong forecast for its December quarter driven by strong demand for its iPhone 17 line. Apple earned $1.85 per share on revenue of…
