|Day's range||1.3400 - 1.3400|
Alphabet, Apple, Microsoft, and Amazon are just part of the elite group of companies that have market caps of $1 trillion or more. Their CEOs are paid handsomely, though some are getting pay cuts. Andy Jassy, CEO of Amazon, saw a huge dip in compensation, going from $212 million in 2021 to $1.3 million in 2022. Tim Cook, CEO of Apple, brought in $84 million in 2022, however, he is expected to see a 40 percent drop in 2023. The Yahoo Finance Live team breaks down the numbers.
One of his purchases has gained widespread attention over the last year. And interestingly enough, he keeps buying.
Shares of Meta Platforms (NASDAQ: META) were moving higher today as investors responded favorably to the Facebook parent's launch of its new Quest 3 mixed reality (MR) headset, which comes just days ahead of Apple's (NASDAQ: AAPL) expected reveal of its own MR headset. As a result, Meta stock was up 3.4% as of 2:08 p.m. ET on Thursday on the news. In an Instagram post, CEO Mark Zuckerberg announced the highly anticipated device.
Apple wants to get to know your habits really, really well. The company wants to patent tech to use "in-home location...
Virtual world venture makes sense ahead of a technology revolution that could threaten the iPhone empire
Investing.com -- The S&P 500 climbed Thursday as the U.S. moved closer to averting a default after the House passed a debt-ceiling bill.
Chief Mark Zuckerberg teases new Quest 3 product as tech group continues to develop metaverse ambitions
This year will likely go down in history as the year artificial intelligence (AI) came of age. AI exploded onto the scene with the debut of ChatGPT, which seemed to mark a paradigm shift for generative AI, which can generate original content. In a February speech at the Haas School of Business, Nvidia (NASDAQ: NVDA) CEO Jensen Huang made a startling pronouncement in which he declared that the introduction of ChatGPT was the "iPhone moment" of AI.
Within the Dow Jones Industrial Average (DJINDICES: ^DJI), Intel (NASDAQ: INTC) has some of the best long-term potential. Apple (NASDAQ: AAPL) is undoubtedly a stronger company today, but it's tougher to get behind the long-term story. Here's why Intel is a buy while Apple is a stock to avoid.
These companies have exciting developments on the way, with promising outlooks in AI and virtual/augmented reality.
For decades, ever-tinier semiconductors have allowed huge leaps in computing progress. Not for much longer, warn experts
A new study released by Apple shows its App Store generated more than $1 trillion in sales and billings for developers last year. Yahoo Finance Tech Editor Dan Howley breaks down the report's findings.
After Nvidia joined the $1 trillion market club on Tuesday, Yahoo Finance spoke with experts, analysts, and strategists, who weighed in on the outlook for the company amid recent AI trends. Yahoo Finance's Brad Smith spoke on the fanfare around Nvidia (NVDA) and AI. Smith said, "I'm going to break this down in three quick letters, it's A M C. At the top, you've got the applications that are going to sit on top of the M, the language-learning models, and at the bottom of it you've got the chips and the data centers." KeyBanc Capital Markets Equity Research Analyst John Vinh discussed Nvidia's advanced software. Vinh said, "They've got millions of AI developers that are focused on the Nvidia ecosystem and it's really this software ecosystem that's going to give them a sustainable advantage for quite some time." Yahoo Finance's Dan Howley explained what he thinks gives Nvidia an edge. Howley said, "People are really talking about how to get their chips at this moment. We're not talking about small firms either. We're talking about the likes of Microsoft (MSFT), Google (GOOG, GOOGL), Meta (META) ... Nvidia really is riding this hype train, and they're the conductor." Annandale Capital Founder and Chairman George Seay discussed his thoughts on Nvidia and why investors should remain cautious on AI. Seay said, "Nvidia is going to be a big winner. And I think you've got to look at some of the others like Google and Amazon, some of the other beneficiaries of this movement, and basically spread your bets." Video highlights: 00:00:03 - Yahoo Finance's Brad Smith 00:00:28 - KeyBanc Capital Markets Equity Research Analyst John Vinh 00:00:53 - Yahoo Finance's Dan Howley 00:01:24 - Annandale Capital Founder and Chairman George Seay
A report by Analysis Group says that Apple's App Store facilitated $1.1 trillion in sales and billings in 2022.
CUPERTINO, Calif., May 31, 2023--Apple® today announced the App Store® ecosystem facilitated $1.1 trillion in developer billings and sales in 2022, building on developers’ track record of strong, resilient growth, an independent study by economists from Analysis Group found. The App Store continues to create incredible opportunity for developers around the world, with more than 90 percent of the billings and sales accruing solely to developers and businesses of all sizes — without any commission
India has launched a pilot project to establish itself as an electronics repair hub with certain favourable policy changes, which has already attracted companies like Lenovo and Flex, the country's IT ministry said on Wednesday. The ministry did not elaborate on the policy changes, but Reuters has reported that India plans to relax some of its cumbersome import-export rules and environmental laws to help foreign manufacturers to set up repair hubs in the country. The three-month-long Electronics Repair Services Outsourcing (ERSO) program is India's first formal attempt to capitalise on a $100 billion global industry and follows a push by MAIT, an industry group for IT and electronics manufacturers.
Apple's revenue declined year over year, but that didn't stop the company from rewarding shareholders.
Share repurchase programs are very popular with investors -- especially one of the world's best.
Harvard Business School Professor of Management Practice Willy Shih discusses Apple's ongoing investments into India and breaks down how doing business in the country compares with doing business in China.
A company displaying free cash flow strength has freedom for growth opportunities, can consistently shell out dividends, and wipe out debt easily.
Nvidia shares have skyrocketed this year, up more than 175% since the start of 2023. It's all thanks to the rise of generative AI. Really powerful chips called graphics processing units (GPUs) are needed to power these new AI systems. These are the kinds of GPUs Nvidia makes. Despite it's rise, Nvidia does have its detractors. ARK Invest's (ARKK) Cathie Wood explained why her firm sold their Nvidia shares back in January, saying the stock was overpriced. Nvidia's strong performance has sent the its stock not just to new highs, but granted it entry to an exclusive club: the stocks that have a market cap of $1 trillion plus. Nvidia (NVDA) joins such tech giants as Apple (AAPL), Alphabet (GOOGL), Microsoft (MSFT), Amazon (AMZN) in the club. Apple was the first member, surpassing the $1 trillion mark in August 2018. Former members of the club include Meta (META) and Tesla (TSLA), which now have market caps of $600 billion+. Yahoo Finance's Brad Smith tells Seana Smith and Akiko Fujita how it took Nvidia about 24 years to become a $1 trillion company and how that compares to other members' rise. Key video moments: 00:00:20 $1 Trillion club members 00:00:44 How Nvidia compares to other $1T members 00:01:35 How AI boosted Nvidia shares
Declines for the Dow Jones Industrials offset gains in the Nasdaq Composite to leave the S&P 500 near the unchanged mark early Tuesday afternoon. You won't find a bigger stock than Apple (NASDAQ: AAPL), as its market capitalization rose to nearly $3 trillion in early 2022. Shares of Apple were higher by between 1% and 2% early Tuesday afternoon.
Mega market cap stocks are eating their indices, distorting their usefulness in some cases as market gauges for investors. The most widely used index in the world is the S&P 500, which is supposed to be a broad barometer of the US stock market but has increasingly been driven by a small number of tech giants. This year, the S&P 500 is up by about 10 per cent but with much of its returns driven by Apple, Microsoft, Amazon, Alphabet, Nvidia, Meta and Tesla.