For the most part, Apple’s fiscal fourth-quarter results has analysts thinking the stock is primed for more gains going forward. The tech giant posted earnings and revenue that beat expectations, sending shares up nearly 2% in the premarket Friday. The beat was driven largely by strong demand for the iPhone 17, which launched in September. CEO Tim Cook also told CNBC that revenue for the company will increase by at least 10%, buoyed by the “off the chart” reception for the company’s new iPhone 17 devices. “We expect total company revenue to grow by 10 to 12% year over year,…
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An Exxon Mobil gas station in Lorton, Virginia, US, on Monday, Oct. 27, 2025. Luke Johnson | Bloomberg | Getty ImagesExxon Mobil on Friday reported third quarter earnings that fell year over year, as oil prices tumbled due in large part to OPEC+ increasing production.Exxon’s net income fell 12% to $7.55 billion, or $1.76 per share, compared to $8.6 billion, or $1.92 per share, in the year ago period. Excluding one-time items, the oil major posted earnings per share of $1.88.U.S. crude oil prices have fallen about 16% this year as OPEC+ is increasing production and President Donald Trump’s tariffs…
NVIDIA CEO Jensen Huang speaks during the Live Keynote Pregame during the Nvidia GTC (GPU Technology Conference) in Washington, DC, on Oct. 28, 2025.Jim Watson | AFP | Getty ImagesNvidia CEO Jensen Huang said on Friday that artificial intelligence had reached a “virtuous cycle,” tipping the industry for continuous growth.Speaking at the APEC CEO Summit in South Korea, Huang said the vast improvements in AI models were leading to more investment in the technology, which was, in turn, improving the AI models even further.”We have now achieved what is called the virtual cycle,” he said on stage at the event,…
MOSCOW, RUSSIA – SEPTEMBER 21: Shaman of Russia performs during the new global song competition called Intervision, initially positioned as a response to the long-running European Eurovision music contest, in Moscow, Russia on September 21, 2025. (Photo by Sefa Karacan/Anadolu via Getty Images)Anadolu | Anadolu | Getty ImagesSince Russia found itself cast out of the Western cultural and sporting sphere following its full-scale invasion of Ukraine, it has tried in earnest to create something of a “parallel world” of events and institutions that could act as substitutes.After launching the war against its neighbor in 2022, Russia was banned from participating…
A logo of the autonomous driving technology startup Pony.ai is seen on a screen during an event in Beijing, China May 13, 2021.Tingshu Wang | ReutersChina’s Silicon Valley, Shenzhen, is about to allow self-driving taxis to operate throughout the city, ending years of pilot zones and tight limits.Pony.ai announced Friday it was the first company to receive a robotaxi permit for the entire city, though the coverage area will be rolled out in phases.The news marks a milestone for China’s push to integrate autonomous vehicles into everyday transport. Until now, self-driving taxis in China have been restricted to specific areas…
Traders work on the floor of the New York Stock Exchange in New York on Oct. 30, 2025. Angela Weiss | AFP | Getty ImagesStock futures rose Thursday night as investors pored over a couple of key earnings reports from Big Tech companies.Futures tied to the Dow Jones Industrial Average added 17 points, or 0.05%. S&P futures gained 0.5%, while Nasdaq 100 futures added 1%.Apple and Amazon posted quarterly results after market close Thursday, capping off a big week for tech results. Amazon shares rallied more than 13% after the e-commerce giant said its cloud computing unit’s revenue increased 20%…
The Google AI Studio application is displayed on a mobile phone with Google in the background, in this photo illustration in Brussels, Belgium, on October 26, 2025. Nurphoto | Nurphoto | Getty ImagesGoogle will offer its Gemini AI service for free to over 500 million Reliance Jio users in India, as global artificial intelligence firms double down on acquiring customers in the country.The U.S. tech giant revealed Thursday that it had signed a pact with Reliance Intelligence, a joint venture between Reliance Industries and Meta, to provide Google’s AI Pro plan, which includes Gemini 2.5 Pro, expanded access to NotebookLM…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailNasaruddin A. Bakar of Malaysia Airlines discusses fleet expansion plans, and Malaysia’s commitment to purchase 30 aircraft. He also says the company is ‘very open’ to purchasing from other plane manufacturers, and discusses the possible in-flight alcohol ban. Source link
U.S. President Donald Trump and First Lady Melania Trump host a Halloween event at the White House in Washington, DC, on Oct. 30, 2025.Jim Watson | Afp | Getty Images As Halloween looms, Wall Street is balancing tricks and treats.Investors were spooked by some Big Tech capex plans, with all three major indexes falling Thursday. Meta stock suffered its biggest one-day loss since October 2022 as skepticism over its AI spending plans overshadowed strong results, while Microsoft lost 3%.But it was not all doom and gloom. Amazon shares jumped more than 13% in extended trading after it beat expectations and…
An aerial view of homes in a neighborhood on Aug.27, 2025 in San Francisco, California.Justin Sullivan | Getty ImagesWhile the Federal Reserve cut its benchmark interest rate this week, mortgage rates responded by doing just the opposite.The average rate on the 30-year fixed mortgage has jumped 20 basis points since Chairman Jerome Powell announced the cut on Wednesday and held a news conference, according to Mortgage News Daily.This happened the last time the Fed lowered its rate as well, and the reason is pretty simple: the bond market had already priced in a cut, but it didn’t like the commentary…
