It was a bad day for tech companies in the European Union (EU) court system as both Apple (AAPL) and Google (GOOGL) lost their battles and will face hefty financial penalties as a result. Apple was fighting a €13 billion ($14.4 billion) Irish tax bill, which can be traced all the way back to [...]
Taiwan Semiconductor Manufacturing Company (TSM) gave an update on its revenue performance for the month of July this Friday morning, which initially sent shares 3% higher. Since the market opened, though, they’ve stayed around even on the day. The chip manufacturer’s $7.9 billion in sales worked out to a 45% growth in revenue. This [...]
ASML (ASML) reported second-quarter earnings that surpassed Wall Street’s expectations on both the top and bottom lines and yet, the market responded by sending shares 10% lower. The Dutch semiconductor manufacturer saw a surge in demand for the quarter, beating its original forecast and culminating in the following results: Sales: $6.79 billion vs $6.53 [...]
Shares of Taiwan Semiconductor Manufacturing Company (TSM) got a 3% boost Monday morning after analysts with Morgan Stanley were the latest to upgrade the stock. The company is set to release its earnings on July 18th, and more and more experts are paying attention to the stock as the date approaches - you should [...]
Last week, Apple (AAPL) became the first company in history to reach a valuation of $3 trillion. This comes from investor intrigue as the tech giant expands into new markets and upcoming scheduled product releases. But, it’s not just hype around new products. It’s the company’s impressive financial standing. In May, Apple’s quarterly earnings [...]
Apple (AAPL) always stirs up commotion when a new product release is teased. But this week, news of the Apple Vision Pro sent shock waves throughout the tech world. And with the upcoming iPhone 15 in just a few months, some analysts suspect the company is rapidly approaching a $4 trillion valuation. Research firm [...]
This morning, Apple (AAPL) and Broadcom (AVGO) announced a multibillion-dollar deal between the two companies. Apple will rely on Broadcom to produce its 5G radio frequency components right here in the US. In 2021, Apple announced its intention to invest $430 billion in the U.S. economy, amidst backlash of overseas production. CEO Tim Cook [...]
One of the tech companies everyone was anxiously awaiting a 4th quarter earnings report from is Apple - and it came late Thursday. The company came up short of analyst estimates on multiple figures, and yet, the stock is up 4% in Friday morning trading. Apple’s revenue took a hit in the final quarter [...]
If you’re a tech junkie, one of your favorite days of the year is the Apple keynote conference. And for good reason - there’s always something innovative and jaw-dropping released in the September event. And if you’re invested in Globalstar, this year’s conference was particularly interesting. This year, the tech giant released the new iPhone [...]
Every year, Apple holds a September keynote event where they release the details of the latest and greatest in their tech. For the past few years, these events have been held virtually as a result of COVID-19. But, on September 7, 2022, Apple’s keynote conference will be held in person at their Cupertino headquarters. [...]
