Apple spent $853 billion on buybacks since 2013 instead of buying rival companies
Apple has spent $853 billion buying back its own stock since 2013 — enough to have purchased nearly any of...
Stock News
Latest stock market news — earnings reports, S&P 500, Nasdaq, major tech stocks and global equities. Expert analysis updated throughout the trading day.
Microsoft cuts 4,800 jobs as Xbox loses a fifth of its staff and four studios are spun off
Microsoft is eliminating 4,800 jobs, about 2.1% of its workforce, with the Xbox unit losing roughly a fifth of its...
Wolfe cuts Microsoft price target to $525 on higher AI capex estimates
Wolfe Research cut its price target on Microsoft to $525 from $570, blaming surging memory prices that pushed its fiscal...
Broadcom and Apple extend chip-supply deal through 2031 as AI stokes chip prices
Apple and Broadcom renewed their chip-supply agreement, keeping Broadcom as a custom-silicon supplier to Apple through 2031. Apple shares jumped...
Morgan Stanley says chip-stock momentum is fading, favors Microsoft, Amazon, and Meta
Morgan Stanley says momentum in chip stocks is fading and is steering clients toward three AI hyperscalers — Microsoft, Amazon,...
