An exodus of advertising revenue from popular online companies has led to tech stocks plummeting today, as experts warn that advertisers are rolling back marketing due to less customer demand, as the cost of living continues to eat into consumer wallets. Tech giant Alphabet reported falling advertising revenue in April, with Snapchat’s CEO issuing warnings […]

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Saudi energy giant Saudi Aramco officially overtook tech company Apple as the most valuable firm on the international market earlier this week. Aramco reported a market valuation of slightly under $2.4 trillion on Wednesday, as Apple dropped more than 5% during Wednesday trading with a current worth of $2.3 trillion. The Saudi oil and gas […]

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The latest results from Amazon and Apple shook up tech stocks in the US following Amazon’s first reported loss since 2015 of $3.8 billion. Online retail sales declined 3% in light of sliding consumer interest in online shopping as inflation rates started to burn a hole in consumer wallets. The e-commerce giant added that a […]

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Coming months generally the busiest time of the year for electronic goods At factories in China, suppliers of Apple and Tesla have halted production in order to abide by the country’s energy consumption policies. The news means supply chains will be interrupted ahead of what is generally the busiest time of the year for electronics […]

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Cook has previously committed to giving most of his wealth away The head of Apple Tim Cook has collected more than 5m shares in the US tech company after spending a decade in the role. A filing by the company with the US Securities and Exchange Commission (SEC) shows that Cook cashed in on most […]

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Apple’s operating profits increased by $11bn to $24.1bn Apple (NASDAQ:AAPL) profits soared as the world economy comes away from the pandemic that served to benefit major technology companies last year. Q3 net sales rose by 36% to $81.4bn compared to the year before, while each location reported record levels of revenue. Apple outperformed market expectations […]

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Apple’s net income doubled to $23.6bn A dramatic increase in the number of iPhone sales has seen Apple (NASDAQ:AAPL) record its best-ever start to a year as the company enjoys renewed demand for its gadgets. Apple’s total revenues rose by more than 50% to $89.6bn, surpassing analysts’ expectations. It was a record for Q2 as […]

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Tech and growth stock-heavy index, the Nasdaq Composite, escaped the market correction on Thursday, as virus fears crunched over-extended value equities. European equities fell sharply during the morning, with the DAX and CAC falling 0.88% and 0.67% apiece. Following was the FTSE, who, having suffered 5% losses by Kingfisher and Johnson Matthey, extended yesterday’s losses, […]

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Pfizer’s vaccine announcement saw gold and gilts sell off, while European equities rallied by 5% on Monday. Meanwhile, the tech stocks that boomed during the pandemic – and last week – saw the Nasdaq drop by 1.5% on the same day as Eurozone markets flew. Fast-rising home delivery stocks, Ocado and Just Eat, shed 5.21% […]

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Sleep? Sorry – don’t know them. As forecast, the US Presidential Election has been drawn-out, dramatic and all-consuming. But, rather than buckle under the strain, global equities spent the majority of the week absolutely soaring. Rallying at their fastest rate since April, US big tech stocks led the way, with Alphabet rising by 8%; Amazon, […]

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Despite being wrong about pricing in a decisive Democrat victory, markets were happy to settle with Biden as favourite to win the presidency, as they continued the boom started on Monday. Since Wednesday morning, investors have married optimism over a Biden win with lingering uncertainty, with the result being large buy-ups of monolithic tech equities […]

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On Wednesday, investors responded to election result uncertainty by heavily backing proven winners and market leaders, and this saw an enormous uptick in US big tech stocks. After making upwards movements of around 3% in futures, the tech-laden Nasdaq Composite then saw additional growth, up around 4% – at 11,605 points. This tech stock storm […]

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On the list of things markets hate, uncertainty, political conflict, and drawn-out disruption must all rank fairly highly among the top downside risk factors. Despite that, and ahead of what may end up being a closer-fought contest than many anticipated, global equities shot up at an unreasonable rate on the eve of the US Presidential […]

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Shrugging off some of last week’s losses, global equities decided Monday was a time to be bullish. Given the broad macroeconomic and political outlook, you’d think they wouldn’t have much to be positive about, but perhaps that’s just it – they priced in potential downsides too hard before trading. Alternatively, things are set to get […]

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With daily COVID cases breaking the 500,000 threshold, the final bell on Friday marks the end of a week that global equities would rather forget. Unfortunately, this doesn’t seem likely, with a busy and nail-biting smorgasbord of headlines for investors to consider next week. For today, the picture was rather bleak. Despite Eurozone GDP posting […]

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Between the US economy being among the worst-hit by the COVID pandemic; the Biden poll lead narrowing; and Nancy Pelosi implementing a deadline for new stimulus measures to be announced, all US equities suffered on Monday. However, the Nasdaq led Monday’s losers, with the tech-laden index weighed down by the falls posted by big tech […]

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The eve of Apple‘s (NYSE:AAPL) long-awaited next instalment is upon us, and in just a matter of minutes, excited applets will be able to pre-order the latest, aluminium-coated slice of Californian tech – the iPhone 12. But do we think the iPhone 12 is worth the hype? Well, in terms of features, there are a […]

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Surging by 400 points, to 28,050, the Dow Jones rallied by 1.40% on news of a tech sector recovery and what can only be described as Monday ‘M&A-nia’, with two tech-giant buy-ups. The first of these buy-ups saw some hope of the US-China Tik-Tok scuffle being resolved, with multinational computing corporation, Oracle (NYSE:ORCL), beating Microsoft […]

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A new report from Buy Shares has revealed that Apple Inc. (NASDAQ:AAPL) enjoyed a 161.63% growth in its services sector between Q3 2015 and Q3 2020, seeing it surge to become the fastest-growing branch of the $1 trillion tech giant. Apple’s services segments comprises of a number of products, including: the App Store, Apple Music, […]

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Twitter (NYSE:TWTR) stated that the large-scale hack which took place two weeks ago on its platform, was perpetrated by fraudsters looking to peddle a cryptocurrency scam from the accounts of genuine politicians and celebrities. The hack was carried out via ‘spear-phishing’, whereby Twitter staff open bogus emails which snatch their personal credentials, and allow criminals […]

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Technology giant Samsung Electronics (KRX:005930) posted an enticing 23% year-on-year operating profit bounce, in its projections for the three months of trading ended in June. However, the substance of the projections were soon broken down, and some grey clouds begin to form over Samsung’s outlook. Firstly, while profits may have risen far ahead of analysts’ […]

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The Dow Jones saw a bright start to trading on Tuesday, up 1.08% or 281 points to 26,308. This figure wasn’t quite as impressive as the one analysts were predicting at lunchtime, and this was likely led by underwhelming US PMI data. Instead, The Nasdaq Composite stole the spotlight, with the index hitting its all-time […]

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Space tourism company Virgin Galactic (NYSE:SPCE) is one of the few high profile innovators to top Tesla‘s (NASDAQ:TSLA) half-year rally, with its stock rocketing 310% in the last three months. Continuing the comparison, Virgin Galactic has been dubbed ‘the Tesla of space travel’, though SpaceX may have something to say about that. Richard Branson’s long-awaited […]

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Ahead of the inflation data released on Wednesday, the FTSE led the early morning rally in global equities, bouncing 1.0% following a Tuesday hampered by Apple‘s (NASDAQ:AAPL) bleak Coronavirus outlook and ZEW-based sentiment. The FTSE can celebrate this small victory, having also led the rally yesterday, but should brace itself for a turbulent few days. […]

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Sharp losses at the start of the Tuesday session were prompted by Apple (NASDAQ:AAPL) issuing a profit warning, amid disruption caused by the outbreak of the Coronavirus. The company’s Chinese stores and international delivery of stock have been hampered by the outbreak of the illness, and as such it said it expected to miss its […]

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Apple (NASDAQ:AAPL) have seen a strong period of festive trading, as the firm has reported a surge in demand for its iPhone 11 mobile device and other accessory products. The technology giant told the market that it had seen record sales and profits over the recently ended Christmas period. Tim Cook CEO did have his […]

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Despite the continued spread of the index-ailing Coronavirus, European indices began trading on Tuesday with an unexpected rally. Its early success was in jeopardy with developments on the virus’s spread in Europe, before being given a leg-up by a strong start from the Dow Jones. The CAC, DAX and FTSE rallied to 5900, 13300 and […]

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Bricks and mortar or ones and zeroes? While you’d be hard-pressed to find a bank headquarters made of secure, lumbering concrete and gilded gates; the glossy, glass chic towers that denote innovation and financial power may soon become the architecture of the past. Convenient, better-value and putting control in the hands of the consumer. The […]

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Apple Inc (NASDAQ:AAPL) have announced three new iPhone models this week, the XS, the XS Max and the XR, but have since faced criticism for becoming an increasingly luxury brand. The new phones are priced at £1000, $1100 and $750 respectively, and while the latter seems like a relatively affordable option in comparison to its […]

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Apple Inc (NASDAQ:AAPL) has surged to a valuation of $935 billion, with analysts estimating that the company will hit the $1 trillion threshold if they fulfill their trade estimates within Q4. Q3 sales were above expected, with iPhone revenues up 32% on the same period last year. overall sales up 17% to $53.3 billion and […]

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Governments are not sufficiently prepared for the impact of artificial intelligence upon jobs, according to a Venture poll survey directed at investors Artificial Intelligence According to the research by Venture, an event that taking place at the Web Summit and has thousands of top technology investors in attendance, over half of those polled (53 percent) […]

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Apple have announced a price increase of 20 percent for computer products in the UK, in response to the effect of Brexit on the British Pound. The 13-inch Macbook Air, which is the company’s cheapest laptop now costs retails at £949, up from £849. In addition, their Mac Pro desktop computer now costs £2,999, up […]

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The Californian born tech giant Apple is to move its London HQ to Battersea Power Station by 2021. Apple plans to move 1,400 staff into the power station, occupying 500,000 sq ft. The move signals a renewed commitment to operations in London and expanding its UK presence. Currently Apple have seven other offices across London, […]

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