Apple Inc. and Peloton Interactive Inc. may appear to be a good match to some but the tech giant will not acquire the latter, journalist Mark Gurman said in his latest newsletter. What Happened As Apple treads further into fitness, it could help Peloton, but doing so would be an “unnecessary and pricey headache for Apple,”…
Why This Expert Thinks Apple Will Never Acquire Peloton: ‘Unnecessary and Pricy Headache’
Facebook Loses Nearly $200 Billion, First Drop in Users in Company History
February 3, 2022
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Meta shares lost more than a fifth of its value as the company struggles to retain users, indicating the beginning of the end of an era where a handful of Silicon Valley CEOs controlled the flow of information across online platforms. Registering the first sequential loss of customers in the company’s 18-year history, Meta Platforms,…
Facebook Loses Nearly $200 Billion, 1st Drop in Users in Company History
February 3, 2022
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Meta shares have lost more than a fifth of their value as the company is struggling to retain users. Registering the first sequential loss of customers in the company’s 18-year history, Meta Platforms, earlier known as Facebook, dropped to 1.929 billion daily users from 1.93 billion users in the previous quarter. User growth across Whatsapp…
JPMorgan Sees Sharp Upside in Qualcomm, Thanks to Apple
JPMorgan analyst Samik Chatterjee reiterated an Overweight rating on Qualcomm Inc. with a $225 price target, ahead of the company’s fiscal Q1 results. The price target implies an upside of 28 percent. The analyst sees a favorable setup saying Apple Inc.’s print points to solid demand for Qualcomm’s largest customer. The combination of supply chain easing, share gains with android…
Chinese National Sentenced to Jail for Conspiracy to Defraud Apple With Counterfeits
February 1, 2022
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A Chinese national was sentenced to just over two years in prison and ordered to pay nearly $2 million on Feb. 1, after being found guilty of defrauding Apple out of more than $1 million. A joint announcement by the U.S Attorney’s Office, Department of Homeland Security, and U.S. Postal Inspection Service, said that Wu…
Apple, Microsoft Set Positive Tone Ahead of Another Key Earnings Week: Analyst Says Tech Stocks Are Oversold
Apple Inc. and Microsoft Corporation, which released their quarterly earnings data last week have set a positive tone for the upcoming week, which will see other tech stalwarts release their own numbers. What Happened Wedbush analyst Dan Ives said in a recent note that tech stocks “way oversold on Fed fears.” The analyst noted a…
Could Apple Stock Be in for a Bumpy Ride Later in 2022?
Apple Inc reported strong first-quarter results last week and expectations for continued outperformance are running high. But an analyst at Credit Suisse is bracing for a more muted performance in the current calendar year and here’s why. The Apple Analyst Credit Suisse analyst Sami Badri maintained a Neutral rating on Apple shares and increased the price target…
Dozens of States Say Apple Stifles Competition; Back ‘Fortnite’ Maker
OAKLAND, Calif.—Apple Inc. is stifling competition through its mobile app store, attorneys general for 34 U.S. states and the District of Columbia said on Thursday, as they appealed against a ruling that let the iPhone maker continue some restrictive practices. While dozens of state attorneys general have filed recent antitrust lawsuits against other big tech…
Healthy Whole Grain Apple Crunch
This apple crunch recipe is made with gluten-free whole grains like buckwheat and quinoa. These grains are packed with fiber, and contain healthy fats and protein too! Pectin in apples can help balance blood sugar, and alongside the wholesome nutrition of the grains, this recipe is sure to keep you full and satisfied throughout the colder months ahead. Apple Crunch Bottom…
Apple Sales and Profit Top Estimates as Hit From Chip Shortages Eases
Apple Inc. is overcoming the costly global shortage in computer chips, posting record sales over the holiday quarter, beating profit estimates and forecasting that its shortfall is narrowing. The iPhone maker, which is world’s largest company by market capitalization, has handled supply-chain challenges such as factory shutdowns and shipping delays brought on by the pandemic…
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