LIVE Last Updated: 42 min ago Dow Is Hovering Around Breakeven By Connor Smith The Dow was struggling to stay above breakeven despite Amazon stock's best efforts on Friday. The blue-chip index was moving in and out of negative territory. The S&P 500 was up 0.3%. The Nasdaq Composite was up 0.9%. The biggest winner in the Dow was Amazon, which added 155 points with its 11% gain. It was also the biggest gainer in terms of market capitalization in the S&P 500. Amazon was picking up the slack for Apple, which c ...

Let's start though with the results from those two tech mega caps. McKenzie Sagalas is covering Amazon stocks spike this morning. Steve Kovak has got the Apple story for us as well.McKenzie, we'll start with you on Amazon. >> Hey David. So Amazon shares are popping 12% all thanks to its cloud comeback story.AWS grew just over 20%, its fastest pace since early 2022 and beat even the most bullish Whisper numbers with 33 billion in revenue. that helped ease concerns that Amazon was slipping in the C cloud wars ...

Apple, Inc. (NASDAQ:AAPL) reported strong fourth-quarter results on Thursday, delivering record sales in both iPhone and Services and showing solid underlying demand. Here's a breakdown of the results and outlook for Apple from several leading analysts. AAPL stock is moving. Watch the real-time price action here. Expert Ideas on AAPL: JPMorgan maintained an Overweight rating and bumped Apple's price target from $290 to $305. Read Also: Google’s Q3 Sends Stock To New Highs, Analysts Say ‘AI Momentum Is Nanob ...

Core Insights - Xiaomi Group's wearable division innovation product head, Li Chuangqi, has recently left the company, which has been confirmed by Xiaomi [1] - The company stated that the business structure remains unchanged and that the AI glasses business will not be affected by this departure [1] - Li Chuangqi submitted a strategic report to Lei Jun in June 2024, advocating for the formal establishment of the AI glasses project, highlighting the importance of glasses as an entry point into the wearable ecosystem [1] - He subsequently led the research and commercialization process of Xiaomi's AI glasses, which are set to be launched in June 2025 [1]

Core Viewpoint - The analysis suggests that while Apple's business fundamentals remain strong, external factors such as interest rates present challenges for investors [1]. Company Analysis - Apple Inc. (AAPL) is currently viewed as a stock to hold due to its robust business performance [1]. - The focus of the analysis is primarily on small- to mid-cap companies, but it also includes insights on large-cap companies like Apple to provide a comprehensive view of the equity markets [1]. Market Context - The broader market environment is described as less favorable, particularly due to the impact of interest rates on investment sentiment [1].

Core Insights - Amazon's shares surged approximately 11% to a record high following the announcement of its strongest cloud growth since 2022, alleviating investor concerns about overspending on AI by major tech firms [1][4][12] - The tech-heavy Nasdaq index rose by 1.2%, while the S&P 500 and Dow Jones increased by 0.6% and 0.3%, respectively, indicating a positive market trend [1][3] Amazon's Performance - Amazon reported a 20.2% increase in revenue for its cloud unit in the most recent quarter, surpassing Wall Street's expectations of 18.1% [4] - The company achieved earnings per share of $1.95, exceeding estimates of $1.57, and total revenue of $180.17 billion, which was above the expected $177.8 billion [5] - For the current quarter, Amazon anticipates sales between $206 billion and $213 billion, exceeding analyst expectations [6] - The expected operating income for the current quarter is projected to be between $21 billion and $26 billion, compared to estimates of $23.8 billion [7] Capital Expenditures and Job Cuts - Amazon has increased its planned capital expenditures for 2025 to $125 billion from $118 billion, with intentions to spend even more in the following year [9][8] - The company is also implementing significant cost-cutting measures, including a round of 14,000 job cuts, with a total of 30,000 corporate jobs, or about 9% of its global office workforce, planned to be eliminated [12][13] Market Context - Major stock indexes are on track to end the week higher, with the Dow and Nasdaq poised for their longest streaks of monthly gains since January 2018 [3][4] - Other tech giants, such as Meta and Microsoft, experienced declines in their stock prices due to announced increases in capital expenditures for AI [2]

In my last update on Apple Inc. ( AAPL ), I said investors should hold the stock. My reasoning was that Apple’s business itself looked strong, but the bigger picture wasn’t so friendly. Interest ratesI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets.Analyst’s Disclosure:I/we have a beneficial long ...

Apple is predicting a whole lot of iPhones will be beneath Christmas trees this year. CEO Tim Cook said he expects record iPhone sales — and Apple's biggest quarter in history by revenue — for the holiday quarter."We are incredibly excited about the strength we're seeing across our products and services, and we expect the December quarter's revenue to be the best ever for the company and the best ever for iPhone," Cook said on Apple's fourth-quarter fiscal 2025 earnings call on Thursday. The recent launc ...

Global stocks were poised for their third straight week of gains and seventh consecutive monthly advance on Friday as earnings from megacaps Amazon and Apple eased concerns about lofty valuations, while the dollar climbed after comments from some Federal Reserve officials. ...

Core Insights - Apple CEO Tim Cook indicated the company remains open to acquisitions and partnerships to enhance its AI capabilities, with a focus on integrating AI into its products and services [1][2] - The next-generation AI-powered Siri is on track for a 2026 launch, with significant progress reported [1][3] - Apple is pursuing a three-pronged approach to AI development, involving in-house foundation models, partnerships with third-party LLM providers, and potential acquisitions [2][3] Company Developments - Apple is actively monitoring the market for M&A opportunities that could advance its AI roadmap, with Cook emphasizing the company's openness to pursuing such opportunities [2] - The company is preparing to announce additional AI partnerships, similar to its collaboration with OpenAI to integrate ChatGPT into Siri and Apple Intelligence [2][3] - Apple is utilizing its Private Cloud Compute technology for various Siri queries and is expanding its infrastructure to support AI processing [3] Infrastructure and Market Impact - A new manufacturing plant in Houston has begun producing servers for Apple Intelligence, with plans for ramping up production for data centers [4] - Cook noted that AI influences consumer decision-making when selecting smartphones, expressing optimism about its growing importance in the market [4]