Mark Zuckerberg's net worth is up $40.7 billion this year, leaving him worth $248 billion.Meta stock is on a record winning streak, boosting its market value to $1.78 trillion.Zuckerberg is third on Bloomberg's rich list, but only $12 billion behind Amazon founder Jeff Bezos.Mark Zuckerberg is now $40 billion richer this year after Meta stock continued its record winning streak on Tuesday, closing higher for the 12th consecutive session. Shares in the Facebook and Instagram owner have risen more than 17% th ...

Core Insights - Apple is facing a potential regulatory investigation in China regarding its App Store fees and policies, particularly concerning its 30% cut of in-app spending and restrictions on third-party payment services [1][2] - The State Administration for Market Regulation (SAMR) has been in discussions with Apple and app developers, including Tencent and ByteDance, about ongoing disputes related to App Store policies [2][3] - If negotiations do not yield satisfactory changes, a formal investigation by SAMR may commence [3] Regulatory Context - The potential investigation into Apple aligns with a broader trend of regulatory scrutiny the company has faced globally, including compliance with the European Union's Digital Markets Act [4] - The SAMR's scrutiny of Apple is occurring amidst heightened tensions between the Chinese government and the U.S. administration, which has imposed tariffs on China [3] Market Challenges - Apple has lost market share in China to local smartphone manufacturers following the launch of the iPhone 16, partly due to the absence of AI features in its devices sold in the region [5] - The company has faced challenges in introducing AI features for the iPhone 16 in China due to local regulations requiring generative AI operators to obtain permission before product rollout [6]

Cava Group (CAVA 3.60%) stock jumped 20% in January, according to data from S&P Global Market Intelligence. There was no news specific to the company, but investors have been enthusiastic about the economy and the markets since Donald Trump took office two weeks ago. Cava stock had also dipped in December, and investors may have spotted an opportunity.Why investors love Cava stockCava looks like a no-brainer business that's going to excel over the long term. It operates a chain of fast-casual restaurants wi ...

Core Viewpoint - Apple is facing potential regulatory challenges in China regarding its App Store practices, leading to a decline in its share price during pre-market trading [1][3][4]. Group 1: Stock Performance - As of February 4, Apple’s stock (AAPL) closed up 2.1% at $232.34, but fell 2.8% in pre-market trading to $226 [2]. - The current sell-off in Apple’s stock is attributed to reports of a possible investigation by China's market regulator into the company's App Store fees and payment policies [3]. Group 2: Market Context - China is Apple's second-largest revenue source after the U.S., crucial for iPhone sales and its manufacturing ecosystem, but faces rising competition from Huawei and stricter regulations [4]. - The ongoing U.S.-China trade tensions and previous tariffs have added uncertainty to Apple's market position [4]. Group 3: Stock Price Predictions - Finbold's AI tool predicts that Apple’s stock will not drop below $200, with an average predicted price of $233.83, indicating a 2.22% increase from the current price [5]. - The most optimistic forecast from Claude 3.5 Sonnet suggests a price of $276.50 (+20.87%), while the most conservative prediction from ChatGPT-4o estimates a price of $210.00 (-8.2%) [6]. Group 4: Financial Performance - In Q4, Apple reported earnings per share of $2.40, surpassing estimates of $2.35, and revenue of $124.30 billion, slightly beating forecasts of $124.12 billion [8]. - Analysts project steady revenue growth, with Q1 2025 revenue expected at $94.32 billion (+3.93% year over year) and full-year 2025 projected at $409.51 billion (+4.72%) [9]. Group 5: Analyst Ratings - Wall Street analysts generally maintain a bullish outlook on Apple, with Bank of America maintaining a 'Buy' rating and a price target of $265, while Evercore ISI reaffirmed a 'Tactical Outperform' rating with a $250 target [10]. - Conversely, Jefferies downgraded Apple to 'Underperform' with a target of $200.75, citing weak demand for smartphone AI and potential delays in product development [11].

The popular phrase "reports of my death are greatly exaggerated," an adaptation of a famous Mark Twain quote, is a terrific way to describe Nvidia (NVDA 1.71%) after the DeepSeek bombshell (more on this below) sank its stock more than 20%. The stock is still more than 16% off its recent high. Is this a major warning sign or a tremendous opportunity to buy the dip? Nvidia is far from finished powering the world of artificial intelligence (AI) or being relegated to obsolescence. Here are three reasons to snat ...

Dara Khosrowshahi, CEO of Uber, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025.Ride-hailing and food delivery app Uber is opening its "interest list" to users in Austin, Texas, who want to be first in line for Waymo robotaxis there.The company said in a statement that users will "be able to travel across 37 square miles of Austin — from Hyde Park, to Downtown, to Montopolis" — when the Uber-Waymo service launches soon.The so-called "interest list" allow ...

Return on equity (ROE) is one of the most favored metrics of investors. It is a profitability ratio that measures earnings generated by a company from its equity. Investors can follow the ROE trend in companies and compare this to historical or industry benchmarks to pick a winning stock.However, stepping beyond the basic ROE and analyzing it at an advanced level could lead to even better returns. Here is where the DuPont analysis comes into play. It is an analytical method, which examines three major eleme ...

Tesla (TSLA 2.22%) shares initially shrugged off a weak earnings report before the stock got caught in the trade-war sell-off. The electric vehicle (EV) maker had a tough year in 2024, although Chief Executive Officer Elon Musk continues to be very upbeat about the future. This includes the company's latest earnings call, when he said that Tesla stock could be worth more in the future than the world's next five largest companies combined.Let's take a closer look at Tesla's most recent results to see if the ...

MINNEAPOLIS, Feb. 5, 2025 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today reported its financial results for the second quarter ending December 31, 2024.Second Quarter FY2025 Highlights Second quarter organic revenue increased by 9% (9% reported) to $297.0 million. GAAP earnings per share (EPS) was $0.22 versus $0.17 one year ago. Delivered adjusted EPS of $0.42 compared to $0.40 one year ago. Improving biopharma end-market conditions combined with continued momentum of our cell and gene therapy ...

Strong YTD cash from operations of $101 million compared to $88 million in the prior year; free operating cash flow of $57 million compared to $36 million in the prior year Earnings per diluted share (EPS) of $0.23 and adjusted EPS of $0.25 Returned approximately $31 million to shareholders; $15 million in share repurchases and $16 million in dividends Lowers fiscal 2025 full year outlook due to weakening market conditions, primarily in EMEAPITTSBURGH, Feb. 5, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KM ...