Following WWDC 2024's Apple Intelligence announcements, Apple's stock price continued to rise and overtook Microsoft to reclaim its position as the most valuable company in the world.
Shares RSS
The commercial arm of Raspberry Pi has gone public on the London Stock Exchange. Its shares currently sit at £3.85 per share after the first day of trading but initially debuted at £2.80 each.
Apple is very close to becoming the world's first $3 trillion company in history. The milestone could be achieved as soon as tomorrow. The share price needs to reach about $190.52.
Amid reports of Elon Musk coming close to sealing his $44 billion deal with Twitter, the NYSE website showed that the shares of Twitter Inc. will be suspended from trading on Friday.
Microsoft has announced that it will be increasing dividend payments to shareholders later this year. Those who want the higher dividends must already hold the company's stock on November 17.
According to an SEC filing, last week Elon Musk sold around 9.6 million Tesla shares worth $8.5 billion. On Friday, Musk confirmed that he does not plan to sell any more Tesla shares at the moment.
Elon Musk has offered to buy Twitter for $43 billion and expressed intentions to take the company private and make it a bastion of free speech. If the offer is not accepted, he may dump his shares.
Elon Musk is the subject of a class-action lawsuit that alleges that the executive artificially deflated Twitter's share price, allowing him to buy more shares while cheating others out of a profit.
The investment company Starboard has purchased a 6.5% stake in GoDaddy which has cost it around $800 million. Starboard typically tries to get seats on boards and boost companies' profitability.
Apple CEO Tim Cook has reportedly sold five million shares worth roughly $750 million currently. The shares are part of his compensation package when he signed on as Apple's CEO in 2011.
The dating app Bumble has filed with the SEC to become a publicly-traded company. Once all the paperwork is out of the way, the company will be traded under the symbol BMBL on the NASDAQ.
Spotify's shares fell roughly seven percent on Wednesday after Apple's announcement of an all-in-one subscription bundle. It has criticized the Cupertino firm over its "anti-competitive behavior.
Apple has become the first big tech firm to reach a market cap of $2 trillion. Since the beginning of the COVID-19 pandemic, Apple has seen a sharp rise in the price of its shares.
Tesla has reported that it shipped 97,000 vehicles in the third quarter which means it missed analyst targets by 447 units. To meet its yearly target it needs to deliver over 104,800 units in Q4.
Microsoft has announced a new share repurchase program, along with a quarterly dividend increase. In addition, the tech giant's annual shareholders meeting is set for December 4, 2019.
The chip maker, Broadcom, is allegedly in the final phases of a deal to acquire the cyber security firm, Symantec. Broadcom could pay $15 billion for Symantec once the deal has been agreed.
_medium.jpg)
Shares for suppliers of components for Apple's products have fallen drastically as they've reduced their earnings forecasts, suggesting that demand for the latest iPhones has been disappointing
Snapchat has been going through a rough patch for a while now, as Facebook keeps stealing attention from the platform. Now, Snap Inc.'s shares have dropped to their lowest value yet.
Apple has beaten its tech competitors to the $1 trillion market cap threshold. The achievement comes after it reported huge revenues during the second quarter in its earnings report.
In a surprising turn of events, Facebook's shares, which closed at an all-time high earlier this month, have dropped by over 19% today, making it the largest one-day drop in market value of all time.
Facebook Co-founder Mark Zuckerberg has moved ahead of Warren Buffett as the third-richest person alive. This movement in ranking has been driven by Facebook's stock reaching an all-time high.
Nintendo today saw a significant drop in the market value of its stock, possibly due to what analysts believe are slow Switch sales and the fear that there isn't a sufficient game lineup this year.
SoftBank and a coalition of other companies looking to buy shares in Uber in exchange for a multi-billion dollar investment, are looking to buy shares on the cheap at around $33 each.
The fight between ex-Uber CEO, Travis Kalanick, and the board is continuing. On Tuesday, the board will seek to limit the power Kalanick has by removing his allies on the board and ending supervoting.
Disney will pull its movies from Netflix, effectively ending its streaming deal with the service in 2019. Instead, it will launch its own streaming services for movies and TV shows, starting in 2018.
Snapchat failed to meet several targets that were expected of it by analysts in the last quarter. As a result of slower than expected growth the price of stocks slumped in after-hours trading.
Apple's stock price has hit a new record, closing higher than it ever has before. The company's rosy outlook for the rest of the year and excitement around the rumored new iPhone is driving price.
Microsoft CEO Satya Nadella, was under fire at the annual shareholders meeting on Wednesday. Windows Phone users were quick to ask Nadella what future lies ahead for the company's mobile division.
Microsoft's share price jumped in after-hours trading, following what is considered to be a positive financial report. The share price is now higher than the previous record, set back in 1999.
With the cancelation of the Samsung Galaxy Note7, the company has revised its Q3 2016 earnings forecast with share prices falling by almost 10% in two days - and a loss of $20 billion in market value.
With the wide recall of Samsung's Galaxy Note7, the issue has created even more bad news. Samsung's shares have started slipping, with the company losing billions of dollars from investors.
Nintendo has just published its latest financial report and it's bad news for the popular company. It posted a loss as sales of its Wii U and 3DS consoles crashed as compared to last year.
Nintendo's shares dropped by more than they have in the last 25 years, because the company put out a press release saying Pokémon GO would only have a limited financial impact.
Facebook is asking its shareholders to vote on new rules that would strip away Mark Zuckerberg's control of the company if he ever decides to leave or gets fired from the giant social network's helm.
Microsoft's Q3 2016 earnings were disappointing according to investors and the company's stock has taken a quick dive. However, its future outlook is considered stable and encouraging.
Despite reporting seemingly positive earnings results for the last quarter of 2015, LinkedIn shares fell off a cliff with investors worried about the company's future earnings.
Microsoft's Chief Operating Officer, Kevin Turner, sold off over 44,000 shares of Microsoft stock yesterday for a gain of $1.8 million to his bank account.
Microsoft's shares have rallied and are back near their all time high, despite mixed financial results where Windows and Office have continued their slow decline in importance and revenue.
Twitter published its latest financial results and they are very mixed. On one hand the company beat analysts' estimates on revenue, while on the other user growth is barely existent.
Microsoft's stock has hit its highest point since 1999 today with a price of $45.93, but the reason for the recent surge is not exactly clear but it could be related to upcoming Windows announcements.
