Apple warns of future 'supply constraints' for Mac, iPhone, iPad

Shares of Apple plunged on a warning of slower sales in the coming months.

Amazon, Microsoft Results Show AI Spending Spree Remains Solid

Aggressive AI spending plans by Amazon.com Inc., Microsoft Corp. and Alphabet Inc. provided fresh evidence that demand for chips and related equipment will remain strong, offering relief to a sector that’s been battered in recent days.

By Dina Bass and Zsana Hoskins

Big Tech’s A.I. Spending Keeps Rising. So Do the Jitters.

Amazon joined a procession of tech giants that ramped up their spending on artificial intelligence, as its capital expenditures soared 69 percent. Concerns over the industry’s spending is mounting.

By Karen Weise

Apple defies smartphone downturn with strong iPhone sales

Smartphone revenue rose more than a fifth as rivals struggle

Apple and Amazon report rising revenues as investors turn on some tech stocks

Both tech companies beat Wall Street predictions on revenue in their second quarters Apple and Amazon both released their second quarter earnings on Thursday, a test of investor confidence in major tech companies amidgrowing concerns over exorbitant AI spending. Apple revealed quarterly revenue of $109.4bn, beating Wall Street expectations of $108.65bn in revenue. It also reported $2.02 earnings per share, driven by sales of its marquee products such as iPhones and laptops. Continue reading...

By Nick Robins-Early

Wall Street is growing increasingly uneasy at the AI investment bubble

By John Ruwitch

Amazon’s Zoox secures US federal approval for steering-wheel-free robotaxis

Zoox will launch its commercial robotaxi service in Las Vegas after receiving federal clearance.

Tim Cook sees Apple's hybrid AI strategy as a 'competitive weapon'

Ahead of the launch of Siri AI, Apple's outgoing CEO Tim Cook said the company will charge for artificial intelligence through iCloud.

Micron, Sandisk and other chip stocks get major boosts in the wake of Microsoft’s earnings

Microsoft is spending heavily on AI but is also taking a “responsible” approach to its financials, an analyst said.

By Britney Nguyen

Amazon is proving you don't need the best model to win the AI race

Amazon CEO Andy Jassy. Andrej Sokolow/picture alliance via Getty Images The AI race has been about who has the best model. That is changing. Andy Jassy says customers want to use many different models and there won't be a single winner. Amazon is still building its own models to cut costs and move faster. Amazon's earnings on Thursday highlighted a surprising idea gaining traction across Silicon Valley: You don't need the best models to win in AI. The company reported blockbuster results, i...

Crocs shares slide as weak outlook draws focus from earnings beat

Apple Sales Rise 16% in June Quarter to Record $109 Billion, Services Revenue Falls Short of Forecasts

Apple turned in another solid earnings report overall for the June 2026 quarter, which marks the last earnings period for outgoing CEO Tim Cook. For the three months ended June 27, Apple’s Q3 of fiscal 2026, the tech giant reported total revenue of $109.4 billion, up 16% — a new quarterly record. Net income came […]

By Todd Spangler

No driver, not even a steering wheel: Amazon’s Zoox wins landmark US approval for robotaxis

Zoox's vehicle has been designed specifically for autonomous travel rather than being adapted from an existing passenger car.

Seoul shares start 13% higher on US tech gains driven by Microsoft's strong earnings

South Korean stocks opened sharply higher Friday, surging by 13 percent, driven by gains in semiconductor shares stemming from an overnight rally in US tech giants backed by a strong earnings report from US tech giant Microsoft. After opening 1.15 percent higher, the benchmark Korea Composite Stock Price Index widened gains, raking in 727.42 points, or 13 percent, to 6,320.98 as of 9:15 a.m. The country's benchmark suffered a deep rout for the past three consecutive sessions. The KOSPI fell near

By The Korea Herald

Tim Cook’s Swan Song At Apple Sees Quarterly IPhone Sales Surge, Highflying Stock Dip

Apple saw revenue jump 16% to pass $109 billion for its fiscal third quarter ended in June. EPS of $2.02 included a tariff refund of 11 cents a share. It’s a momentous quarter beyond the numbers as it is CEO Tim Cook’s last presiding as chief executive. His successor John Ternus takes the reins Sept. […]

By Jillg366

Roblox's algorithm, safety changes dent bookings forecast; shares slump

DexCom rises on Q2 beats, raised 2026 revenue guidance midpoint

Amazon's Zoox wins first US approval for paid robotaxis without human controls

Zoox's robotaxi seats passengers inward, reaches 75 mph as Tesla and Waymo expand self-driving ride services

By Reuters

AI Exhaustion? Samsung Earnings Beat Expectations But Stock Abruptly Reverses Kneejerk Gains

AI Exhaustion? Samsung Earnings Beat Expectations But Stock Abruptly Reverses Kneejerk Gains Samsung Electronics delivered another good quarter last night, underscoring that the AI infrastructure boom appears to continue to funneling enormous profits toward the companies supplying the memory chips powering. Shares were up 10% at one point but finished the session red. The South Korean technology giant reported second-quarter revenue of 171.5 trillion won and operating profit ...

By Tyler Durden

CAL Asset Management delivers strong as economic recovery boosts investments

The CAL Advantage Balanced Unit Trust, which combines investments in equities and fixed-income instruments, generated a net annual return of 32.16%, closing the year with a unit price of GH¢2.2211. While the return fell short of its composite benchmark of 35.84%, the fund benefited from the strong performance of equities on the Ghana Stock Exchange

By Charles Nixon