Apple earnings – Charm

Tech, hawkish Fed pressure stocks before megacap earnings parade

By Alden Bentley (Reuters) – A look at the day ahead in Asian markets. Sagging tech stocks weighed on US indexes, as Wall Street rethinks AI leadership after the arrival of DeepSeek, a Chinese disruptor claiming big results at a smaller cost. With many Asian markets still closed for the Lunar New Year, Japan’s Nikkei…

Apple earnings: Beats projections thanks to strong iPhone 16 sales, but China and services lag behind

Cs news6 months ago07 mins

Apple’s fourth-quarter earnings exceeded expectations on Thursday, driven by robust initial sales of the iPhone 16 series, a lineup emphasising Apple’s new AI-driven features. Apple reported $94.93 billion in sales, just above Wall Street’s target of $94.58 billion, with earnings of $1.64 per share, excluding a significant EU tax charge. However, weaker-than-anticipated sales in China…