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Apple plans three-year modem rollout to compete with Qualcomm, Bloomberg News reports

Apple plans to launch its own cellular modem chips in 2024, replacing Qualcomm components, aiming to surpass Qualcomm technology by 2027, impacting suppliers and partners.

investing.com • 06/12/2024 - 17:52 PM

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Rivian, Spotify, CAVA Group rise premarket; Spirit Airlines slumps

US stock futures dipped as key inflation data approaches; notable movers include Rivian, Spotify, CAVA, Tesla, and Rocket Lab amid mixed earnings and recalls.

investing.com • 13/11/2024 - 11:48 AM

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Stock Market Today: S&P 500 ekes gain as yields rebound to cool recent rally

The S&P500 gained slightly as inflation data aligns with expectations, prompting bets on a December rate cut, while various companies like Rivian and Spotify saw stock fluctuations.

investing.com • 13/11/2024 - 00:07 AM

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Skyworks earnings beat by $0.03, revenue was in line with estimates

Skyworks surpassed Q4 EPS estimates but projects lower earnings and revenue for Q1 2025, amid stock price declines and negative EPS revisions.

investing.com • 12/11/2024 - 21:06 PM

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Cirrus Logic and Skyworks cut at Barclays as 'handset expectations out of touch'

Barclays downgraded Cirrus Logic and Skyworks Solutions due to overly optimistic handset growth expectations, projecting constrained growth and lower earnings forecasts for 2024.

investing.com • 10/10/2024 - 14:17 PM

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China slaps sanctions on 3 US firms, 10 senior execs over weapons sales to Taiwan

China has sanctioned three U.S. military-linked firms and 10 executives due to U.S. weapons sales to Taiwan, freezing their assets in China.

investing.com • 10/10/2024 - 09:21 AM