Apple, Facebook Post Strong Results

Shares of the tech giants soar as both readily exceed Wall Street expectations.Talk of Silicon Valley losing steam was put on hold as two technology titans, Apple Inc. and Facebook Inc., tallied better-than-expected quarterly earnings and revenue.

BING NEWS:
  • Apple drops WhatsApp, Threads from China App Store on government order
    Mainland China has some of the world's most extensive internet censorship, with web users unable to access everything from Google to many foreign apps without workarounds such as a virtual private ...
    04/18/2024 - 9:44 pm | View Link
  • Netflix now has nearly 270 million subscribers after another strong showing to begin 2024
    Netflix gained another 9.3 million subscribers to start the year while its still-emerging expansion into advertising helped produce financial results that exceeded analysts’ estimates. The ...
    04/18/2024 - 9:42 am | View Link
  • The world's largest chipmaker just issued a warning that the industry's red-hot growth could slow
    TSMC's trimmed forecast shows that the chip industry is still in recovery mode, and that demand is slowing.
    04/18/2024 - 6:08 am | View Link
  • TSMC expects Q2 sales to jump on 'insatiable' AI demand
    TSMC , the world's largest chipmaker and a major Apple and Nvidia supplier, forecast second-quarter sales may rise as much as 30% as it rides a wave of demand for semiconductors used in artificial ...
    04/18/2024 - 2:43 am | View Link
  • Is This "Magnificent Seven" Stock a Good Contrarian Buy?
    Can a company with a market cap of over $2.5 trillion ever be considered an underdog? Perhaps not, but compared to most of its "Magnificent Seven" peers, tech giant Apple(NASDAQ: AAPL) looks like one.
    04/17/2024 - 5:15 pm | View Link
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