Apple (AAPL) is raising its prices, and one analyst says it shouldn’t come as a surprise. “It’s not surprising,” Dan Morgan, senior portfolio manager at Synovus Trust, told Yahoo Finance Live (video above). “It’s a very competitive environment, and [Apple] is trying to offset some of the things that are happening with some of the competitors.” Morgan cited the current inflationary environment along with upcoming ad-supported tiers from Netflix (NFLX) and Disney (DIS) as reasons for Apple’s… Source link

Yahoo Sports senior NBA reporter Vincent Goodwill and senior NBA writer Dan Devine discuss Los Angeles’ 0-3 start to the season — behind statistically, the worst shooting in the league — and explain why the time is now for the Lakers to start over. Video Transcript [NO SPEECH] VINCENT GOODWILL: Welcome to “Yahoo Sports.” I’m Vince Goodwill, here alongside Dan Devine. Dan, let’s get into it. The Lakers, 0 and 3. 3 bad losses. 21% shooting. That’s like you in the club trying to get on women… Source link

Key Takeaways Analysts estimate EPS of $1.25 vs. $1.40 in Q3 FY 2021. Google Cloud revenue is expected to rise year over year but at the slowest pace in at least four years. Revenue is expected to rise but at a slower pace compared to recent quarters. Alphabet (Google) Inc. (GOOGL), the third-largest tech company by market capitalization, will probably report a third straight quarter of earnings declines and slowing revenue growth for the third quarter of 2023 amid a challenging ad… Source link

Apple (AAPL) is joining its streaming competitors in hiking prices. On Monday, the tech giant announced price increases across its various services including Apple TV+, Apple Music, and the Apple One Bundle. This is the first time Apple has raised the subscription prices of those offerings in the U.S., and international markets will see similar price increases. In a statement to Yahoo Finance, an Apple spokesperson confirmed the price hikes, stating: “The subscription prices for Apple Music,… Source link

Apple (AAPL) is joining its streaming competitors in hiking prices. On Monday, the tech giant announced price increases across its various services including Apple TV+, Apple Music, and the Apple One Bundle. This is the first time Apple has raised the subscription prices of those offerings in the U.S., and international markets will see similar price increases. In a statement to Yahoo Finance, an Apple spokesperson confirmed the price hikes, stating: “The subscription prices for Apple Music,… Source link

Post-pandemic America has seen inflation grow rapidly, along with household income inequality. According to a recent study published by the Economic Policy Institute (EPI), household incomes have decreased for the average American since 2019 and vary widely by state. (Income is defined as earnings plus Social Security, dividends, interest, etc.) For example, southern states like Louisiana, Alabama, Mississippi, and Arkansas saw a median income of $55,000 or less in 2021, whereas Maryland… Source link

With earnings season about to shift into high gear, VettaFi head of research Todd Rosenbluth appeared on Yahoo!Finance to discuss how big tech earnings could impact ETF investors. Rosenbluth noted that tech ETFs have been relatively strong in 2022 in terms of inflows. He said, “we’ve seen over 6 billion dollars of money go into technology ETFs.” He noted that defensive sectors are also seeing strength, with consumer staples, utilities, and healthcare also seeing… Source link

With earnings season about to shift into high gear, VettaFi head of research Todd Rosenbluth appeared on Yahoo!Finance to discuss how big tech earnings could impact ETF investors. Rosenbluth noted that tech ETFs have been relatively strong in 2022 in terms of inflows. He said, “we’ve seen over 6 billion dollars of money go into technology ETFs.” He noted that defensive sectors are also seeing strength, with consumer staples, utilities, and healthcare also seeing… Source link

About four years ago, former Google CEO Eric Schmidt was appointed to the National Security Commission on Artificial Intelligence by the chairman of the House Armed Services Committee. It was a powerful perch. Congress tasked the new group with a broad mandate: to advise the U.S. government on how to advance the development of artificial intelligence, machine learning and other technologies to enhance the national security of the United States. The mandate was simple: Congress directed the new… Source link

JERUSALEM, Oct 24 (Reuters) – Alphabet Inc’s Google (GOOGL.O) and Israel’s Reichman University have set up a school to train high-tech professionals, offering courses in computer programming, sales and data analysis among other subjects, the university said on Monday. Israel has a vibrant high-tech sector but a severe shortage of skilled tech workers has led to tens of thousands of unfilled positions. The School of High Tech will subsidise students from under-represented communities “including… Source link