Tim Cook teases Apple AI announcement ‘later this year’
Generative AI started drawing significant attention from technology companies and investors starting in 2022. Source link
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Mobile
Apple stock falls after company gives outlook suggesting weak iPhone sales
Apple reported earnings after the bell. Here are the results. Source link
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Meta shares jump 14% after profit triples and company announces first-ever dividend
Meta's fourth-quarter earnings report comes a day after lawmakers grilled CEO Mark Zuckerberg and other social media execs in Washington.
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Meta, X, TikTok, Snap and Discord face growing appetite in Congress for tighter social media regulation
Wall Street doesn't seem worried the tech firms will take significant financial hits to their businesses from Congress. Source link
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Qualcomm earnings beat estimates as smartphone chip sales suggest recovery
Under CEO Cristiano Amon, Qualcomm has been working to apply its chip technology to markets beyond smartphones. Source link
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Meta’s continued rally could hinge on the fortunes of upstart retailers Temu and Shein
Online retailers Temu and Shein, which are both based in the China region, helped contribute to Meta's ad rebound in
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Lawmakers to grill CEOs of Meta, TikTok, X and other social media firms at hearing on child safety
Meta has been hit with a number of lawsuits in recent months over the well-being of children on its apps
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Intel on pace for worst day since 2020 on weak outlook
Intel's revenue guidance for the first quarter was below every analyst's estimate. Source link
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Intel stock sinks as early 2024 outlook comes up short
Intel has struggled to keep pace with rival chipmakers Nvidia and AMD, which are benefiting from the AI boom. Source
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