Apple's App Store revenue increased by 0.6% year-over-year to $3.4 billion in the first 35 days of its fiscal fourth quarter, despite a 4% decline in total downloads to 3.3 billion. Revenue per download rose 4.7% to $1.02, showing stronger monetization. Growth was driven by an 8.7% revenue increase in China, even as downloads there fell 6.8%. Bank of America maintains a Buy rating on Apple, highlighting strong capital returns, AI leadership potential, and new product opportunities, with a price target of $380. Services revenue is expected to grow 10% in the quarter, supported by AI and hardware innovations.
Questrade now offers pre-market (7:30 am to 9:25 am ET) and post-market (4:00 pm to 4:15 pm ET) trading for equity options on 29 selected stocks and ETFs, including major names like AAPL and TSLA. This allows investors to respond to earnings reports ...
Meta is spending over $100 billion on centralized data centers to support its AI-driven ad ranking, resulting in high capital costs and negative free cash flow. In contrast, Apple focuses on on-device AI processing using its iPhones and Macs, which r...
Apple reported its strongest quarter in years with revenue up 16.4% and EPS beating estimates for the ninth consecutive quarter. Despite some analyst skepticism and risks like memory cost inflation, the company’s new iPhone cycle and Siri AI integrat...
The S&P 500 index reached a record high of 7,819 on October 6, yet 36% of its stocks were 20% or more below their 52-week highs, indicating significant internal market weakness. Leadership has shifted from high-growth AI and high-beta stocks to more ...
Webull has introduced extended-hours trading for select single-stock and ETF options, allowing eligible U.S. customers to trade during pre-market (7:30 a.m. to 9:25 a.m. ET) and post-market (4:00 p.m. to 4:15 p.m. ET) sessions. This move enables trad...
