Tag Archives: Apple

Investors curious about the next move in the broader market would be wise to pay extra attention to shares of multinational tech giant Apple (AAPL). “One of the reasons that has been helping sentiment, particularly in industrial stocks and things like that, is the idea that China is going to be reopening,” Interactive Brokers chief strategist Steve Sosnick said on Yahoo Finance Live (video above). “If there is another wave of lockdowns in China, that really upends that story. It upends global… Source link

The U.K.’s Competition and Markets Authority launched an investigation into Apple and Google‘s control of the mobile browser market Tuesday. The authority will explore the companies’ “stranglehold” over browsing, as well as Apple’s control over cloud gaming through the App Store, it said in a release. The authority said Google and Apple powered 97% of all web browsing that took place in the U.K. in 2021. Web developers, cloud gaming service providers and browser vendors have offered… Source link

Nov 22 (Reuters) – Britain’s competition watchdog said on Tuesday it had launched an in-depth investigation into the market dominance of Apple (AAPL.O) and Google’s (GOOGL.O) mobile browsers, months after the regulator began considering a probe. Reporting by Pushkala Aripaka in Bengaluru; Editing by Shinjini Ganguli Our Standards: The Thomson Reuters Trust Principles. Source link

Lawmakers sent letters to Apple and Google with concerns about TikTok and other apps on their app stores. (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Two members of Congress have sent letters to the chief executives of Apple and Google accusing them of failing to act on security weaknesses and surveillance threats posed by apps on their app stores: most notably, TikTok’s ability to monitor keystrokes on outside websites through its in-app browser. The… Source link

  U.S. stocks elbowed their way past an earnings miss from Amazon to charge higher Friday, boosted by an Apple beat that helped offset some concerns from a a rough week of third-quarter Big Tech results. The S&P 500 (^GSPC) gained 1.6%, while the Dow Jones Industrial Average (^DJI) bounced nearly 600 points, or 1.8%. The tech-heavy Nasdaq Composite (^IXI) rose 1.7%. The moves came as Treasury yields charged back above 4%. On the economic data front, the Federal Reserve’s preferred inflation… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, October 28, 2022 Today’s newsletter is by Julie Hyman, anchor and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman. Read this and more market news on the go with Yahoo Finance App. In the end, maybe it was too much pressure, even for Apple. After Microsoft’s cloud revenue disappointed, Alphabet’s YouTube sales came up… Source link

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

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

It may be Google’s worst nightmare. Apple’s iPhone is stealing share from Samsung phones powered by Google’s Android software. At the same time, U.S. antitrust regulators are scrutinizing Google’s search deal with Apple, raising the prospect that Google’s search may lose its favored position in the Safari browser on iPhones. These twin developments, which threaten Google’s mobile ads business, have prompted the tech giant to take a big gamble. It is doubling down on investment… Source link