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Zacks News
Apple’s business primarily runs around its flagship iPhone. However, the Services portfolio that includes revenues from cloud services, App store, Apple Music, AppleCare, Apple Pay, and licensing and other services now became the cash cow. Moreover, non-iPhone devices like Apple Watch and AirPod gained significant traction. In fact, Apple dominates the Wearables and Hearables markets due to the growing adoption of Watch and AirPods. Solid uptake of Apple Watch also helped Apple strengthen its presence in the personal health monitoring space.
Here's Why Apple Stock Has Been Crushing the S&P 500 This Year
by Ryan McQueeney
Apple (AAPL) has been crushing the S&P 500 so far this year. But its performance has nothing to do with results. Find out why anticipation is fueling this stock right now.
Qualcomm's Mesh Networking Platform to Improve Home Wi-Fi
by Zacks Equity Research
Qualcomm Inc. (QCOM), through its subsidiary, Qualcomm Technologies, Inc., unveiled the Qualcomm Mesh Networking Platform at the Computex trade show in Taipei, Taiwan on May 30, 2017.
Tesla (TSLA) Stock Closed At All-Time High, Again
by Benjamin Rains
Shares of Tesla, Inc. (TSLA) jumped 3.06% on Tuesday, closing at an all-time high once again. On top of that, the electric car behemoth earned high praise from one of the technology industry's most famous names.
Why is Your Portfolio Lagging the Market?
by Sheraz Mian
We explain two reasons why the average investor's portfolio may not be doing as good as the S&P 500 index's record level.
Qualcomm (QCOM) to Settle License Dispute with BlackBerry
by Zacks Equity Research
Qualcomm Inc. (QCOM) will settle a licensing dispute with BlackBerry Limited (BBRY) by paying U.S. $940 million, on or before May 31, 2017.
Qualcomm (QCOM) Updates Lawsuit to Counter Attack Apple
by Zacks Equity Research
Qualcomm Inc. (QCOM) recently updated one of its lawsuits providing more evidences that Apple Inc. (AAPL) is interfering with its existing arrangements with the contract manufacturing firms.
HP Inc. (HPQ) Tops Q2 Earnings & Revenues, Raises Guidance
by Zacks Equity Research
HP Inc. (HPQ) released its second-quarter fiscal 2017 earnings yesterday, after splitting from Hewlett-Packard Company.
Microsoft Unveils New Surface Pro with Enhanced Features
by Zacks Equity Research
Microsoft Corp (MSFT) recently unveiled the latest Surface Pro at an event in Shanghai, China.
Apple (AAPL) & Nokia End Patent Row, Forge New Partnership
by Zacks Equity Research
Apple Inc (AAPL) and Nokia Corp (NOK) announced that they have settled their patent dispute and forged a new business partnership.
Company News for May 24, 2017
by Zacks Equity Research
Companies in the News are: A,NOK,AAPL,ALXN,BG,GLEN
Nokia (NOK) at 52-Week High on Dispute Settlement with Apple
by Zacks Equity Research
Nokia's (NOK) settlement with Apple boosted the stock.
EU to Resolve Google Antitrust Cases in the Next Few Months
by Zacks Equity Research
The European Commission (EU) will finally close its year-long investigations into Alphabet Inc.'s (GOOGL) antitrust cases.
Stock Market News for May 19, 2017
by Zacks Equity Research
Benchmarks finished in the green on Thursday, boosted by gains in technology shares and upbeat jobless claims data
A.I. Takes Center Stage at Google I/O 2017 Keynote Event
by Zacks Equity Research
Google has its fingers deep in the artificial intelligence (AI) pie
Was Western Digital's $19 Billion for SanDisk a Bad Decision?
by Sejuti Banerjea
The purpose of Western Digital's (WDC) SanDisk acquisition was access to memory technologies it was developing in a JV with Toshiba and the rights under the JV are now in question.
Akamai (AKAM) Hits New 52-Week Low on Increasing Headwinds
by Zacks Equity Research
Share price of Akamai Technologies Inc. (AKAM) dropped to a new 52-week low of $47.46, eventually closing a tad bit higher at $47.50.
Stock Market News for May 18, 2017
by Zacks Equity Research
Benchmarks ended in the red on Wednesday following a report on Trump???s interference into the FBI probe regarding Mike Flynn???s involvement with Russian sources
Amazon Upgrades Low-Cost Fire Tablets, Cuts Fire HD 8 Price
by Zacks Equity Research
Amazon.com, Inc. (AMZN) can no longer be labeled as just a retail giant. In the last few years, the company has diversified its offerings by entering into markets with significant growth potential.
Apple (AAPL) Commences iPhone Assembling Operations in India
by Zacks Equity Research
Per media reports, Apple Inc (AAPL) has finally commenced assembling operations in India.
Technology Stock Roundup: MSFT Build, INTC Debt, AliPay, TWTR A.I.
by Sejuti Banerjea
Apple (AAPL) shares jumped on the news of Warren Buffett increasing his stake, Microsoft (MSFT) made important announcements at its Build developers' conference, Moody's and Fitch were positive on Intel (INTC) debt and Alibaba's (BABA) AliPay launched in the U.S.
Will Apple (AAPL) Introduce Refreshed Line of Macs at WWDC?
by Zacks Equity Research
Citing sources familiar with the matter, Bloomberg reported that Apple Inc (AAPL) might announce upgrades to its laptops at its upcoming Worldwide Developers Conference, to be held in June.
Apple (AAPL) Buys AI Specialist Startup Lattice for $200M
by Zacks Equity Research
Per a TechCrunch report, a few weeks back, Apple snapped up Lattice Data Inc, a startup specializing in artificial intelligence (AI).
The Zacks Analyst Blog Highlights: Apple, Wells Fargo, Procter & Gamble, Goldman Sachs and General Motors
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Apple, Wells Fargo, Procter & Gamble, Goldman Sachs and General Motors
Waymo's Relationship with Uber Has Reached Point of No Return
by Sejuti Banerjea
On Sunday night, Alphabet's (GOOGL) Waymo and Lyft announced that they were in a partnership on self-driving technology.
BlackBerry (BBRY) Stock Is The Surprising Winner From The WannaCry Attacks
by Benjamin Rains
Shares of BlackBerry Limited (BBRY) are up on Monday as the world fights to recover from the weekend's massive cyber attacks--but how is it that a company that once dominated the smartphone market could be benefiting from a wave of malware hacks that infected at least 200,000 people?