JPMorgan just shared its view on some significant tech stocks. JPMorgan analyst Doug Anmuth lowered the price target on Meta Platforms Inc. to $385 from $390 (16 percent upside to January 14 closing price) and reiterated an Overweight rating on the shares. The company’s revenue growth will decelerate in 2022 against tough compares, but Meta is making solid progress…
This Storage Unit Stock Has a Better 1-Year Return Than Microsoft, Apple, Starbucks and Moderna
Public Storage helps organize and store your belongings, and over the past year delivered astonishing returns. Since January 2021, Public Storage stock’s one-year return has outperformed several of the world’s most popular tech and growth stocks: Microsoft Corporation, Apple Inc., Wells Fargo & Co. and Moderna Inc.. Public Storage is a Glendale, California-headquartered REIT that primarily acquires, develops, owns and…
US Senate Considers App Store Reform Bill
January 19, 2022
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Sens. Richard Blumenthal (D-Conn.) and Marsha Blackburn (R-Tenn.) have partnered to deliver an antitrust bill addressing Big Tech, which is due to be debated by the Senate on Thursday. Bill S.2710, the Open App Markets Act, targets Apple and Google in particular, two companies that mediate access to apps for the great majority of smartphone…
Apple Unseats Samsung as World’s Top Smartphone Vendor In Q4; Is Cupertino Priming for a Bumper Quarter?
Apple Inc. has taken the pole position in global smartphone shipments in the fourth quarter, confirming the current strength of the iPhone cycle. Apple Reigns Supreme Cupertino’s share of worldwide smartphone shipments stood at 22 percent in the fourth quarter, according to a preliminary report from Canalys. That’s an increase from the 14 percent market share…
Read Why Deutsche Bank Remains Bullish on Apple; Bumps Up Price Target by 14%
Deutsche Bank analyst Sidney Ho raised the firm’s price target on Apple Inc. to $200 from $175 and reiterated a Buy rating on the shares. The price target implies an upside of 15.6 percent. Considering a “healthy demand backdrop” and Apple’s “strong” portfolio across its product lines, the Street estimate for 2022 revenue growth of only 5 percent is…
Safari Bug Can ‘Expose Apple Users Browser History, Personal Data’ to Malicious Sites
A bug has been detected on Apple’s Safari 15 that could allegedly track users’ browsing activity and reveal their personal data to other malicious sites. The bug was revealed in a blog post on Saturday by FingerprintJS, a Chicago, Illinois-based company which developed the “fingerprinting” service to prevent fraud and spam. According to FingerprintJS, the bug was…
Apple Complies With Dutch Watchdog Ruling on Payment Options in Netherlands
AMSTERDAM—Apple said on Saturday it would allow developers of dating apps in the Netherlands to offer non-Apple payment options to their users, complying with an order from the country’s market regulator to do so by Jan. 15 or face fines. The country’s Authority for Consumers and Markets found in a decision published on Dec. 24…
Why Analyst Thinks Apple Winning MLB Deal Would Be a ‘Shot Across the Bow’ to Streaming Rivals
Apple Inc.’s reported bid to stream the Major League Baseball’s mid-week games shows that the tech giant’s recognizes live sports content will be a key linchpin to the success of its Apple TV+ streaming service, according to an analyst at Wedbush. Apple Analyst Analyst Daniel Ives maintained an Outperform rating and a $200 price target…
Apple App Store Analysis: AT&T’s HBO Max Passes Netflix, Disney+
AT&T Inc.’s HBO Max trails Netflix Inc. and Walt Disney Co.’s Disney+ in the streaming wars, but the HBO Max app is signaling that AT&T may be gaining some ground. At the very least, HBO Max has pulled ahead in the Apple Inc. app store battle. HBO Max was ranked as low as 27th in…
White House Will Meet Executives From Apple, Amazon, IBM to Discuss Software Security
January 13, 2022
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The White House will meet executives from leading tech firms, including Alphabet-owned Google, Apple Inc., and Amazon.com Inc., on Thursday to discuss software security after the United States suffered several major cyberattacks last year. In December, White House National Security Advisor Jake Sullivan sent a letter to chief executives of tech firms after the discovery…
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