[unable to retrieve full-text content]COVID is ‘pretty much out of the models’ for pharma companies: Wells Fargo analyst  Yahoo Finance Source link

[unable to retrieve full-text content]Stocks moving in after-hours: Amazon, Alphabet, Apple  Yahoo Finance Source link

[unable to retrieve full-text content]MicroStrategy bought more than 8,800 bitcoins during 2022’s plunge  Yahoo Finance Source link

[unable to retrieve full-text content]ChatGPT on track to surpass 100 million users faster than TikTok or Instagram: UBS  Yahoo Finance Source link

[unable to retrieve full-text content]Apple misses Q1 earnings expectations as iPhone sales fall short  Yahoo Finance Source link

Apple (AAPL) reported its Q1 earnings after the closing bell on Feb. 2, missing analysts’ expectations on the top and bottom line as iPhone sales came up short, declining more than 8% year-over-year. Here are the most important numbers from the report compared to what Wall Street was expecting, as compiled by Bloomberg. Revenue: $117.1 billion versus $121.1 billion expected Adj. earnings per share: $1.88 versus $1.94 expected iPhone revenue: $65.7 billion versus $68.3 billion expected Mac… Source link

[unable to retrieve full-text content]Cathie Wood says AI will power the ‘most massive productivity increase in history’  Yahoo Finance Source link

[unable to retrieve full-text content]Cathie Wood says AI will power the ‘most massive productivity increase in history’  Yahoo Finance Source link

A view of the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, on September 7, 2022. (Carlos Barria/Reuters) Thursday afternoon will round out what has so far been a sobering earnings season for the Big Tech giants. After several years of raking in profits thanks to strong demand for tech gadgets and services during the pandemic, the industry’s fortunes began to turn last year. Tech giants have been grappling with high inflation and interest rates, as… Source link

AI-related stocks are rallying as investors look for ways to make money off the hottest topic in Wall Street: artificial intelligence. The AI craze is fueled by Microsoft (MSFT)-backed OpenAI’s ChatGPT. The chatbot, launched in November, has become wildly popular in the Internet and spurred discussion over efficiencies in the workplace. Shares of AI maker C3.ai (AI), whose clients include Bank of America, Shell, and 3M, have skyrocketed more than 100% year-to-date. Smaller-cap, lesser-known… Source link