Alphabet's shares fall off a cliff on Cue's report that AI searches are cutting into Google's.
Read More Apple's Eddy Cue testifies he's losing sleep over Google's billions
More iPhone owners upgraded their devices this spring, according to a new report that points to consumer behavior Tim Cook recently dismissed during Apple's earnings call.
Read More Was there panic iPhone buying? CIRP says yes, Cook says no.
"Points for performative restraint with a wink."
Premarket: Apple is green
1 year ago
1 year agoFrom Barron's' "Stock Futures Rise on Fed Decision Day as China-U.S. Trade Talks Cheer Investors" posted early Wednesday.
"iPhone maker is absorbing $900 million in tariff costs this quarter, but hit to profit margins could still get worse."
"We think the fundamental EPS and multiple impact is low." — Analyst Erik Woodring
Read More Morgan Stanley: Has The Market Overblown Another App Store Legal Risk?
"This is really one of the issues at the heart of our digital freedoms for the future."
Read More Epic's Tim Sweeney says he spent $1 billion fighting Apple
"One doesn’t walk into a grocery store and pick up a ketchup bottle only to find it empty with a sticker on the bottom that says how to get it cheaper elsewhere."
Read More Neil Cybert: Apple judge thinks an app is a bottle of ketchup
Premarket: Apple is red
1 year ago
1 year agoFrom Barron's' "Stock Futures Drop as Tariff Fears Increase. Focus Turns to the Fed." posted early Tuesday.
"Apple Reaches Critical Juncture With Tariffs, AI and Services Turmoil."
Read More Mark Gurman addresses Apple's 7 biggest 'potential disasters'
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