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West Virginia AG says Apple enables sharing of child sex abuse materials
UPI· 2026-02-19 19:59
Core Viewpoint - West Virginia's attorney general has filed a lawsuit against Apple, accusing the company of enabling the storage and distribution of child sex abuse materials on its iOS and iCloud platforms, claiming that Apple has failed to take adequate measures to prevent this issue [1]. Group 1: Lawsuit Details - The lawsuit is the first of its kind against Apple for alleged distribution of child sex abuse materials and names Apple Inc. as the sole defendant [1]. - Attorney General JB McCuskey stated that Apple's inaction violates West Virginia law and that the company has not taken the necessary steps to protect children [1]. - The lawsuit seeks to compel Apple to implement measures to stop the storage and distribution of these materials and includes requests for restitution, civil penalties, and other monetary damages [1]. Group 2: Apple's Response and Tools - Internal communications reportedly indicate that some Apple officials acknowledged the platform's role in distributing child pornography but did not take meaningful action to address it [1]. - Apple had previously announced the development of a tool called NeuralHash to limit the sharing of child sex abuse materials, but the lawsuit claims this tool was less effective than existing alternatives like PhotoDNA [1]. - The NeuralHash project was abandoned by Apple a year later, allegedly to protect its brand and market share [1]. Group 3: Statistics and Comparisons - Reports of illegal materials on online platforms increased from 32 million in 2022 to over 36 million in 2023, while Apple reportedly reported significantly fewer cases compared to its competitors [1].
Garmin's Q4 Earnings Surpass Estimates, Revenues Rise Y/Y
ZACKS· 2026-02-19 15:51
Core Insights - Garmin Ltd. reported fourth-quarter 2025 pro forma earnings of $2.79 per share, exceeding the Zacks Consensus Estimate by 16.6%, with a year-over-year improvement of 16% [1] - Net sales reached $2.12 billion, surpassing the Zacks Consensus Estimate by 5.6% and increasing 16.6% from the previous year [1] Revenue Growth - The year-over-year growth in net sales was driven by strong performance in the Outdoor, Fitness, Aviation, and Marine segments, partially offset by a decline in the Auto OEM segment [2] Segment Performance - **Outdoor Segment**: Contributed 29.5% of net sales with $627.6 million in sales, maintaining year-over-year performance, and an operating income of $233.9 million at a 37% margin [3] - **Fitness Segment**: Accounted for 36.0% of sales, generating $765.8 million, reflecting a 42% year-over-year increase, with an operating income of $256.9 million and a 34% margin [3] - **Aviation Segment**: Achieved $274.2 million in sales, up 16% year over year, with an operating income of $84.7 million at a 31% margin [4] - **Marine Segment**: Reported $296.9 million in sales, an 18% increase year over year, with an operating income of $52.1 million and an 18% margin [4] - **Auto OEM Segment**: Sales were $160.4 million, down 3% year over year, resulting in an operating loss of $13.5 million and a gross margin of 17% [5] Operating Results - Garmin's gross margin for Q4 2025 was 59.2%, a decrease of 10 basis points year over year, while operating expenses rose 14% to $644 million [6] - Operating income increased to $614 million, up 19% year over year, with an operating margin of 28.9%, an increase of 60 basis points [6] Balance Sheet & Cash Flow - As of December 27, 2025, Garmin held $2.67 billion in cash and marketable securities, up from $2.54 billion in the previous quarter [7] - Operating cash flow for Q4 2025 was $554 million, with free cash flow at $430 million [7] - The company paid a quarterly dividend of $173 million and repurchased $51 million in shares during the quarter [7] Future Guidance - Garmin expects full-year 2026 revenues of $7.9 billion, indicating continued growth momentum, with the Zacks Consensus Estimate at $7.54 billion, reflecting a year-over-year growth of 13.3% [8] - The company projects a gross margin of 58.5%, an operating margin of 25.5%, and a pro forma effective tax rate of 16.0% for 2026 [10] - Pro forma EPS is projected at $9.35, with the Zacks Consensus Estimate at $8.77, indicating a year-over-year growth of 7% [10]
Apple (AAPL) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2026-02-19 15:46
Core Insights - The Zacks Premium service offers various tools for investors to enhance their stock market strategies and confidence in investing [1] Zacks Style Scores - Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum characteristics, serving as complementary indicators to the Zacks Rank [2] - Stocks are rated from A to F, with A indicating the highest potential for outperforming the market [3] Value Score - The Value Style Score focuses on identifying undervalued stocks by analyzing financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Style Score evaluates stocks based on projected and historical earnings, sales, and cash flow to identify those with sustainable growth potential [4] Momentum Score - The Momentum Style Score helps investors capitalize on price trends by analyzing short-term price changes and earnings estimate revisions [5] VGM Score - The VGM Score combines the Value, Growth, and Momentum Scores to identify stocks with the best overall characteristics for investment [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +23.86% since 1988 [7] - There can be over 800 stocks rated 1 or 2, making it essential to utilize Style Scores for better stock selection [8] Investment Strategy - For optimal returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while 3 ranked stocks should also have A or B Scores for maximum upside potential [9] Stock Analysis: Apple (AAPL) - Apple primarily generates revenue from its iPhone and a growing Services portfolio, which includes cloud services and other offerings [11] - AAPL holds a Zacks Rank of 3 (Hold) with a VGM Score of B and a Growth Style Score of A, indicating a forecasted year-over-year earnings growth of 12.7% for the current fiscal year [12] - Recent upward revisions in earnings estimates by nine analysts and an increase in the Zacks Consensus Estimate to $8.41 per share further support AAPL as a strong candidate for growth investors [12]
Meta Looks to Take on Apple With First Smartwatch
PYMNTS.com· 2026-02-19 15:42
Core Insights - Meta has revived its smartwatch project, aiming for a release in 2026 with health-tracking features and integrated AI [2][3] - The decision to resume the smartwatch project follows a strategy meeting in 2025 at CEO Mark Zuckerberg's home [3] - Meta is also streamlining its augmented reality (AR) and mixed reality (MR) projects to avoid consumer confusion [7] Smartwatch Development - The smartwatch project was initially shelved in 2022 due to budget cuts in the Reality Labs division [3] - The new smartwatch is expected to include health-tracking capabilities and the company's AI system [2] Augmented and Mixed Reality Projects - Meta is developing several AR and MR glasses, with a new version of the Meta Ray-Ban Display planned for 2026 [7] - The launch of the MR glasses, code-named Phoenix, has been delayed until 2027 [7] - The company is also working on consumer-facing AR glasses, code-named Artemis, expected to be released next year [9] Competitive Landscape - Other tech giants like Apple and Google are also planning new consumer device launches, indicating a competitive market for wearable technology [2][10] - Apple is reportedly accelerating its development of AI-powered wearable devices, including smart glasses and enhanced AirPods [10]
West Virginia Claims That Apple Allows Child Sexual Abuse Material
Nytimes· 2026-02-19 15:09
Core Viewpoint - The state's attorney general has filed a lawsuit against the company for allegedly refusing to utilize tools that can identify the material stored on iCloud [1] Group 1 - The lawsuit was filed on Thursday by the state's attorney general [1] - The company is accused of declining to use specific tools for recognizing material on iCloud [1]
Ignore the Panic and Keep Buying Apple Stock, According to Wedbush
Yahoo Finance· 2026-02-19 14:00
Apple (AAPL) is one of the most important stocks in the market, and that's perhaps an understatement. The world's most valuable company for most of the past two decades, Apple's price movements have historically driven a great deal of the overall market return for investors. As such, where this stock is headed for the remainder of 2026 could be a massive deal for markets overall. However, given recent reports that the overall correlation of Apple's stock price movements (as measured by its beta) has sunk ...
Raspberry Pi stock has jumped 50% in the past week
Yahoo Finance· 2026-02-19 13:55
Raspberry Pi, the maker of basic, cheap computers, is in the midst of a retail investor stock frenzy that brings the glory days of GameStop to mind. Over the past week, shares in the company, which trades on the London Stock Exchange, have increased nearly 50%. The spike came as a surprise to pretty much everyone, including CEO Eben Upton, who was on vacation when the sharp rise began. “It does seem like people are picking us for these applications,” Upton told Bloomberg. “I don’t know if ‘meme stock’ is ...
苹果与纳指相关性创20年新低!AI热潮下成“异类”
Ge Long Hui A P P· 2026-02-19 13:03
苹果与科技股的脱钩现象在近期盘势中表露无遗。周二(17 日)苹果股价上涨3.2%,远优于纳斯达克100 指数下跌0.1%的表现。值得注意的是,这是本月苹果股价第三次单日跑赢纳斯达克100指数3个百分 点,其中包括2月4日的一次强势上涨,创下一年多来最佳单日相对表现。截至目前,苹果2月上涨约 1.7%,对比纳斯达克100指数下跌3.2%,而美股七巨头指数更是重挫7.2%,或将写下自3月以来最差单 月表现。 分析师指出,尽管科技股若全面反弹,苹果的上涨空间可能较有限,但市场不太可能大幅抛售苹果,因 其被视为较不受AI冲击的公司之一。 格隆汇2月19日|在人工智能(AI)热潮席卷全球股市之际,苹果(AAPL.US)意外成为科技股中的"独行 侠"。随着市场陷入AI题材引发的剧烈波动,苹果与科技同业的走势相关性大幅降低,反而为投资人提 供了一个相对稳定的选择。 根据《彭博》汇编数据,苹果与纳斯达克100指数的40日相关系数上周降至0.21,创下2006年以来新 低。由于苹果选择大致不参与AI军备竞赛,使其相较于多数竞争对手成为市场中的"异类",自去年5月 相关系数一度高达0.92后便持续下滑。有分析师指出,苹果目前的低 ...
Meta Revives Abandoned 'Malibu 2' Smartwatch Project, Targets 2026 Launch: Report - Meta Platforms (NASDAQ:META)
Benzinga· 2026-02-19 12:36
Meta Platforms (NASDAQ:META) is reviving its previously shelved “Malibu 2” project, with plans to launch its debut smartwatch in 2026. The watch is anticipated to offer health tracking features and an integrated Meta AI assistant, The Information reported on Wednesday. The revival of this project marks a significant return for AI-powered wearables, particularly in the health and fitness industry. The report also indicated that Meta has roughly four augmented reality (AR) and mixed reality (MR) glasses under ...
带着机器人来拜年 浙江人的“新年货”有点不一样
Sou Hu Cai Jing· 2026-02-19 10:00
Core Insights - The integration of technology into traditional Chinese New Year celebrations is becoming increasingly popular, with many consumers in Zhejiang opting for tech products as gifts, enhancing the festive atmosphere with a modern touch [1] Group 1: Sales and Consumer Trends - Multiple tech products have seen significant sales, with AI learning machines experiencing a 20-fold increase in buyers [2] - On Douyin, over 250,000 AI-related products were sold in the past month, generating sales between 75 million to 100 million yuan [2] - AI learning machines sold approximately 32,500 units on Douyin, surpassing 50 million yuan in total sales [4] Group 2: Regional Insights - In Zhejiang, 9.26% of consumers purchasing AI products on Douyin are from the province, ranking third nationally [5] - Zhejiang consumers account for 20.93% of discussions about "AI New Year goods" online, significantly higher than Shanghai's 5.33% [5] Group 3: Demographics and Preferences - The interest in tech products spans various age groups, with 26.72% of users aged 50 and above searching for related products [7] - In Zhejiang, 56.99% of consumers searching for smart mattresses are aged 40 and above, indicating a broad appeal across demographics [7] Group 4: Consumer Motivations - Key reasons for choosing tech products include subsidies (27.55%), aesthetics (18.15%), and practicality (16.89%) [9] - The appeal of tech products also lies in their emotional value, with consumers enjoying the customization of AI toys, such as dressing them in festive attire [11]