Apple telegraphed that things are getting better after a tough quarter — here's how to interpret its remarks
Here's how to interpret Apple CFO Luca Maestri's directional insights from its Q1 earnings call.
CNBC Technology
Bill Gates says Elon Musk's ambition to colonize Mars is not a good use of money
In an interview with the BBC, Microsoft co-founder Bill Gates questioned whether Musk's vision of colonizing Mars was a good use of money.
Google CEO promises new A.I. features are coming to search 'very soon' amid competition from ChatGPT
Google and Alphabet CEO Sundar Pichai talked up the company's artificial intelligence projects during its Q4 2022 earnings call.
Chinese Tesla rival Xpeng launches flagship EVs in Europe in international push
Xpeng, a Chinese electric vehicle startup, launched its P7 sedan and its G9 sports utility vehicle (SUV) in Denmark, Norway, the Netherlands and Sweden.
Amazon's cloud business reports 20% growth in fourth quarter, missing estimates
Amazon Web Services is still growing faster than its parent company, but the unit is seeing a deceleration as businesses reel in spending.
Apple sales drop 5% in largest quarterly revenue decline since 2016
Apple's overall sales for the holiday quarter were about 5% lower than last year's, the first year-over-year sales decline since 2019.
Amazon's advertising business grew 19%, while Google and Meta both deal with slowdowns
Although Amazon's ads business constitutes a small fraction of the $149.2 billion in revenue the company recorded in its fourth quarter, it's growing fast.
Amazon beats on fourth-quarter revenue but provides light guidance
Amazon exceeded revenue expectations for the fourth quarter, but the stock price slipped on light sales guidance for the first quarter.
Alphabet misses on earnings and revenue as YouTube falls short
Google's core business is mired in a period of slow growth as businesses reel in ad spending.
Qualcomm revenue falls 12%, guidance implies more pain this quarter
Qualcomm saw weakness in mobile handset performance, and the chipmaker sees a sharper revenue decline coming in the quarter ahead.
Twitter will start charging developers for API access as Elon Musk seeks to drive revenue
Twitter will start charging developers to get access to its API, a vital tool on the platform that powers popular services like TweetDelete and software bots.
Bitcoin briefly rises above $24,000, extending its new year rally amid a broader gain in tech stocks
The jump coincided with a broader rally in stocks led by the Nasdaq as well as a drop in U.S. Treasury yields and the U.S. Dollar Currency Index.
Coinbase jumps nearly 24% after federal securities suit dismissed
A federal suit against Coinbase was dismissed Wednesday, with a judge ruling against claims that it conducted unregistered securities offerings.
Meta shares rocket 23%, one of the best days in over a decade
Meta Platforms saw a slew of analyst upgrades as shares rose over 22% off the backs of a better-than-anticipated earnings report and optimistic commentary.
Apple and Google should boot TikTok from their app stores, Democratic senator urges
Sen. Michael Bennet, D-Colo., urged the CEOs of Apple and Google to remove TikTok from their mobile app stores immediately in a letter Thursday.
Amazon told lawmakers it wouldn't build storm shelters in warehouses after fatal collapse
The e-retailer has faced questions from lawmakers who argue it didn't do enough to protect workers from the storm.
ChatGPT has made AI the hot new thing in Silicon Valley, and investors are suddenly very interested
Since OpenAI released it in November 2022, millions of people have been using the AI chatbot for things like fixing coding errors and writing papers.
GoodRx to be barred from sharing health data for ads under proposed FTC settlement
The FTC order against GoodRx includes a $1.5 million civil penalty for allegedly violating the agency's Health Breach Notification Rule.
Fanatics to start livestreamed shopping of trading cards, collectibles
The sports commerce giant's aim is to merge the world of hobbyists and collectors via curated and personality-driven content and entertainment.
Meta shares soar almost 20% on fourth-quarter revenue beat
Facebook-parent Meta reported revenue for the fourth quarter that topped estimates and gave a forecast suggesting that sales could rise in the first quarter.
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