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Apple Profit Tops Wall Street Target
Apple profit tops Wall Street target even as iPhone, China sales fall short
Apple beat Wall Street's quarterly profit estimates on Thursday, but iPhone sales and China revenue for the holiday quarter were weak due to stiff Chinese competition and a slow rollout of artificial intelligence features.
Wall Street is cautious on iPhone sales ahead of Apple earnings but analysts hope AI will shine
Wall Street is mainly focused on Apple's iPhone sales in China and any guidance related to its March quarter, which could include iPhone SE4 sales.
Apple earnings recap: Tim Cook weighs in on DeepSeek as China and iPhone sales disappoint
Apple's earnings call is today at 5 pm ET. AAPL stock heads into the report down 4% YTD. Analysts are focused on services and China sales.
Wall Street, China and NVIDIA
Wall Street sinks as investors weigh China challenge to US dominance in AI. Nvidia tumbles 10%.
NEW YORK (AP) — Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China. The S&P 500 fell 1.8% in early trading Monday.
What is China’s DeepSeek - and why is it freaking out Wall Street?
DeepSeek, a Chinese AI startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating breakthrough artificial intelligence models that offer comparable performance to the world’s best chatbots at seemingly a fraction of the cost.
Nvidia Stock Investors Just Got Bad News From DeepSeek, but Certain Wall Street Analysts See a Silver Lining
Chinese startup DeepSeek reportedly built a sophisticated AI model while using fewer, less powerful Nvidia GPUs than U.S. companies. DeepSeek trained its model very efficiently, but some analysts see that as a positive development that will boost demand for Nvidia GPUs.
5h
Apple's sales in Greater China fell below Wall Street estimates
Apple's much-anticipated sales in Greater China fell to $18.5 billion, down 11% from $20.8 billion in the year-ago fiscal first quarter. That was also below Wall Street's estimates. According to ...
13h
Mobileye forecasts downbeat annual revenue as China weakness persists
Mobileye Global forecast fiscal 2025 revenue below Wall Street expectations on Thursday, anticipating fewer shipments of its ...
2d
on MSN
China's new stealth fighter spooks Wall Street about Lockheed Martin's F-35
Wall Street analysts worry that new Chinese stealth aircraft could persuade the US to buy fewer of Lockheed Martin's F-35 ...
2d
on MSN
China’s DeepSeek disrupts American plans for AI dominance
The sudden rise of Chinese AI app DeepSeek has leaders in Washington and Silicon Valley grappling with how to keep the U.S.
3d
Even China’s Property Stalwart Isn’t Immune From the Crisis
Troubles at Vanke raise questions about the continued spread of the property crisis and whether the Chinese state will step ...
3d
on MSN
Wall Street sinks as investors weigh China challenge to U.S. dominance in AI
Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under ...
2d
General Motors swings to fourth quarter loss on toughening China conditions, but tops expectations
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...
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