Apple is contesting a court ruling that requires it to allow app developers to include links to external payment options, arguing that the injunction should not apply to all developers like Microsoft and Spotify who were not part of the lawsuit. The company also disputes a contempt order for charging fees on external payments, claiming the injunction did not explicitly forbid such fees. This legal battle with Epic Games over App Store commissions has lasted over five years, with Epic recently returning Fortnite to the App Store globally, signaling confidence in a favorable outcome against Apple's fee structure. The case continues to impact how app payments and commissions are regulated in the U.S. market.
IMAX shares rose about 14% following reports that the company is exploring a potential sale, with preliminary talks held through intermediaries but no official offers yet. Analysts view IMAX as an undervalued, attractive asset for buyers like private...
Apple's stock reached a new 52-week high of around $305 after strong earnings and a $100 billion buyback. The company reported Q2 FY26 revenue of $111.18 billion, up 16.6% year-over-year, with record Services revenue and a rebound in Greater China sa...
Several large U.S. companies including Walmart, Apple, Nike, Home Depot, General Motors, FedEx, and Costco are applying for refunds on tariffs paid, despite President Trump's warning that he would "remember" companies that did not seek refunds. The S...
In 2026, large-cap value stocks have outperformed growth stocks for the first sustained period in years, driven by sectors like energy and financials benefiting from higher interest rates and stable earnings. Three key ETFs—Vanguard's VOOV, SPDR's SP...
Berkshire Hathaway, led by Greg Abel, has accumulated a record $397 billion in cash, mostly Treasury bills, while the S&P 500 trades at all-time highs. This large cash reserve reflects a cautious investment stance, waiting for market dislocations to ...
