Moves comes amid concerns over AI spending Buffett previously regretted missing out on Google investment Alphabet shares have climbed 46% YTD Nov 17 (Reuters) – Alphabet’s (GOOGL.O), opens new tab shares rose 5.2% on Monday after Berkshire Hathaway (BRKa.N), opens new tab disclosed a stake in the tech giant, marking what could be one of…
Nvidia results on Wednesday could be key moment for tech, AI Stocks waffle during week amid shutdown end, rate uncertainty Walmart, Home Depot reports also due in coming week Investors brace for release of shutdown-delayed economic data NEW YORK, Nov 14 (Reuters) – Turbulence in technology stocks could ratchet higher in the coming week as…
SAN FRANCISCO, Nov 13 (Reuters) – Apple (AAPL.O), opens new tab on Thursday said it would lower commissions for “mini apps” on iPhones and other devices. Apple’s App Store charges commissions of up to 30% on digital purchases. Under the program announced Thursday, that rate will come down to 15% for developers of mini apps…
April cyber hack disrupted turnaround momentum ‘Factory to floor’ supply chain overhaul underway 120 million pound investment in automation Aims to double fashion, home and beauty online sales LONDON, Nov 12 (Reuters) – Marks & Spencer is revamping its supply chain from “factory to floor”, the retailer’s new fashion boss told Reuters, as it looks…
WASHINGTON, (Reuters) Nov 4 – Alphabet’s (GOOGL.O), opens new tab Google said on Tuesday it has reached a comprehensive U.S. court settlement with “Fortnite” video game maker Epic Games, agreeing to Android and app store reforms aimed at lowering fees, boosting competition and expanding choices for developers and consumers. In a joint filing, opens new…
Berkshire still a net seller of stocks, no buybacks Buffett prepares to give CEO title to Greg Abel Berkshire stock trails broader market Nov 1 (Reuters) – Berkshire Hathaway (BRKa.N), opens new tab signaled on Saturday that it remained cautious about markets, letting cash swell to a record $381.7 billion even as profit rose, in…
Apple’s fiscal first quarter revenue sales forecast above expecations Supply constraints and China delays impact fiscal fourth quarter Apple’s AI and trade tensions seen as lesser risks by investors WASHINGTON, Oct 30 (Reuters) – Apple (AAPL.O), opens new tab Chief Executive Tim Cook on Thursday gave forecasts for holiday quarter iPhone sales and overall revenue…
Judge reverses February 2024 class certification Apple monopolization said to result in higher prices Disappointed plaintiffs to review next steps, lawyer says Oct 27 (Reuters) – A federal judge decertified on Monday a class action by tens of millions of Apple (AAPL.O), opens new tab customers who accused the company of monopolizing the market for…