Apple Stock Rises on Strong Quarterly Earnings, iPhone Demand
Apple's stock surged after the company reported strong quarterly earnings, exceeding estimates due to robust iPhone and Mac demand, especially in China, and subsequently boosted its financial guidance.
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Apple says iPhone 17 'most popular ever' as sales soar
The record results come as boss Tim Cook is preparing to bow out after 15 years at the helm.
Read full article →Apple stages sharpest rally in 9 months as execs cite iPhone, Mac demand in boosting guidance
On its quarterly earnings call, Apple said revenue growth in the current quarter would be between 14% and 17%, well above analysts' estimates.
Read full article →Tim Cook says the Mac Mini is getting snapped up for AI work 'faster than we predicted' — and supply is backed up
It could take months for the supply of the Mac Mini and Mac Studio to catch up with demand. Cheng Xin/Getty Images The Mac Mini was in high demand during the March quarter. Apple has had trouble keeping versions of the Mac Mini in stock in recent weeks. CEO Tim Cook attributed Mac Mini demand to its ability to run agentic AI tools effectively. Apple is playing catch-up with surging demand for its Mac Mini, which has gotten an unexpected boost from AI. CEO Tim Cook said on Thursday's March e...
Read full article →Apple reveals early F1 2026 viewership surge after US broadcast rights deal
Eddy Cue says Apple has seen stronger audiences than expected, including increased week-long viewership
Read full article →S&P 500, Nasdaq end at fresh records on tech earnings strength
One analyst said the market “doesn’t care” about the ongoing Middle East conflict.
Read full article →Apple discontinues 256GB Mac mini; starting price climbs to $799
Read full article →Apple shares rise as iPhone 17 and MacBook Neo drive forecast
The upbeat outlook and a fresh $100-billion share buyback offers reassurance to investors weighing Apple’s leadership transition amid intensifying competition in artificial intelligence
By Reuters
Read full article →Exxon & Chevron Shares Jump After Big Q1 Earnings Beat
Exxon & Chevron Shares Jump After Big Q1 Earnings Beat The impact of the war in Iran is on full display this morning in the earnings of two oil giants - Chevron and Exxon Mobil - as both smashed earnings expectations (despite production pressures). Ahead of the results, Exxon and Chevron had both flagged major reductions in 1Q earnings due to “timing effects,” or paper losses on derivatives tied to cargoes that had not yet reached their destinations before the end of the quarter...
By Tyler Durden
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