Google Cloud Exploring Options in Fight Against Microsoft's Licensing Practices - Report
Rate Cut Expectations Bolstered for September; Tech Giants Lead US Stocks to More Records
The
Broadcom Follows Nvidia's Lead In Stock Split. What's The Aftermarket Outlook?
Broadcom will officially implement a 10-for-1 stock split plan after market close on July 12th (this Friday).
Decoding the earnings of JPMorgan Chase: An outperformer in the US banking sector
Microsoft CTO: How far can the "Scaling Law" of AI large models go?
As early as 2020, OpenAI proposed a law in a paper: the Scaling Law. This law states that the performance of large models is mainly related to the size of computation, model parameters, and training data, and is generally not related to the specific structure of the model (number of layers/depth/width).
Microsoft Dodges EU Antitrust Probe With €20M Settlement - Report
Top Apple Analyst Says Don't Expect Much For iPhone 16 This Year, But Tim Cook-Led Company Has A Slew Of Tetraprism Camera Upgrades In Pipeline
Apple Inc.'s (NASDAQ:AAPL) upcoming iPhone 16 series has analysts excited about an AI-driven upgrade "supercycle," but fans who have been waiting for important camera improvements will have to
Microsoft, Apple avoid OpenAI’s board as US scrutiny grows
Microsoft and Apple have relinquished the chance to be observers on OpenAI’s board.
iPhone 16 Rumored to Get Charging Capabilities Upgrade: Will Apple Increase Power Intake To 40W
Apple Inc.'s (NASDAQ:AAPL) upcoming smartphone series iPhone 16 could feature a significant upgrade in its charging capabilities, potentially allowing for a 40W power intake, a substantial increase
Cathie Wood Says Nvidia Performance Exceptional But Forecasts 'Short-Term Indigestion' For Company's Business As Customers Reassess AI Strategies
In a recent investor letter, Cathie Wood, the CEO of ARK Invest, emphasized the pivotal role of NVIDIA Corp (NASDAQ:NVDA) in the company's performance, despite short-term challenges.What Happened:
Google Boosts Fitbit's Heart Health Monitoring, Aims To Simplify Data Sharing With Doctors, Nurses And Researchers
On Wednesday, Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google announced that it is upgrading the heart health monitoring features of Fitbit, making it easier for medical professionals to access
Palantir, Apple, Costco, SoundHound AI, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Major U.S. indices ended higher on Wednesday, with the Dow Jones Industrial Average increasing by 1.1% to 39,271.36, the S&P 500 gaining nearly 1% to reach 5,633.91, and the tech-heavy Nasdaq
No longer a case of "The Boy Who Cried Wolf"? The New York Federal Reserve comments that this time, "Powell Pivot" will be more sustainable than at the end of last year.
Nowadays, the threshold for Fed rate cuts is lower than in previous months and the situation has changed. Powell believes that inflation is returning to normal and the labor market is clearly weakening, further weakness is unnecessary and unwanted.
Stocks Are Due for a Correction, This Veteran Trader Predicts - but He's Staying Invested
The stock market now is 'numb to all news'.
Options Market Statistics: Apple to Increase iPhone Shipments by 10% in 2024, Shares Reach All-Time High, Options Pop
News Highlights
US Stock Futures Edge Lower With CPI Data Set to Offer More Rate Cues
US stock index futures fell slightly in evening deals on Wednesday, cooling after a recent rally on Wall Street as focus turned towards upcoming inflation data to set the stage for interest rate cuts by the Federal Reserve.
"Congressional stock god" will become history? Senators from both parties in the US Senate seek to ban members of Congress from trading stocks.
A new proposal unveiled by bipartisan Senators on Wednesday proposes to ban Congressional members, their spouses, and minor children from trading individual stocks. If the bill passes, it will require members of Congress to divest from individual stock assets starting from 2027, and violators will be penalized through fines equal to the monthly salary or 10% of the value of each violating asset.
Eli Lilly and Co Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/10/2024 9.18% Barclays $913 → $1025 Maintains Overweight 07/05/2024 8.97% Morgan Stanley $1023 → $1023
Boosted by demand for AI services, the shipment volume of iPhone 16 in the second half of the year will increase by 10%, and Apple's stock will hit another record high during trading hours.
According to media reports, Apple hopes that AI services can drive consumer demand, and plans to increase the shipment of iPhone by 10% in 2024, with at least 90 million iPhone 16 units shipped. This optimistic expectation drove Apple's stock price up 1.8% to a new high. However, Wall Street analysts expect that Apple's iPhone revenue will decline in the second half of 2024.
CFRA Sees 3 Clues From Powell's Congressional Testimony About the Timing of Rate Cuts