electronics consumers

Apple raised $5.5 billion in debt after upbeat earnings, iPhone sales offset fears of consumer downturn

Apple Inc. introduced , optimistic new quarterly results tied to strong iPhone sales, a four-part bond deal on Monday to raise new debt. The new deal from Apple AAPL, -0.62% The tech giant has raised $5.5 billion by issuing four series of bonds rated AAA from Moody’s Investors Service and AA+ from S&P Global, according …

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Opinion: Big Tech shows it’s good to be big, slowing growth leads to stock gains while smaller competitors find only pain

After charging double digit growth during the pandemic, results from the five biggest tech giants in the US this week showed a slowdown as they grapple with inflation, a looming recession and an overall slowing economy, but they were largely rewarded by Wall Street because they are the size It shows their strength. Over the …

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Roku stock falls as earnings come under widespread criticism: ‘The sum of all our concerns’

Shares of Roku Inc. fell. In pre-market trading on Friday after the streaming company admitted there was a “significant slowdown” in ad spending that helped push it to weaker-than-expected results that could continue beyond the last quarter. ‚ÄúConsumers began adjusting discretionary spending, and advertisers significantly reduced spending in the scattered advertising market (TV ads purchased …

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Intel’s Wall Street earnings slammed: ‘Such a disconnect between the company’s optimism and current reality’

Intel Corp. came under fire from analysts after the company reported disappointing results on several fronts, pointing to a storm of macroeconomic, competitiveness and operational challenges. The chip company slashed expectations for revenue, profit and gross margins in its report late Thursday, and executives released forecasts for the current quarter that came in short of …

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Nancy Pelosi’s husband sells $4 million worth of Nvidia stock at a huge loss

House Speaker Nancy Pelosi’s husband has sold more than $4 million in stock in software and chip company Nvidia NVDA, + 5.52% This week, the publicly available financial disclosures appear. Paul Pelosi’s deal was executed on July 26, when he sold 25,000 shares at an average price of $165.05 per share, for a total loss …

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Apple has been concerned about iPhone supply, but this could swing by demand

Throughout the pandemic, Apple Inc.’s biggest challenge has been. It is maintaining an adequate supply of its devices, but with the company heading towards launching a new iPhone, could the equation be reversed? Apple AAPL, -0.88% Benefiting from elastic demand in the first two years of the COVID-19 crisis, as governments poured in stimulus money …

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Shopify stocks plunge amid layoffs as CEO admits, “I got it wrong’

At the height of the COVID-19 crisis, many companies associated with online spending predicted that the pandemic would permanently change the growth trajectory of e-commerce for the better as people build new online shopping habits. Now Shopify Inc. shopping , -14.06% He became the last to admit that his expectations might have gotten out of …

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Microsoft earnings: expectations are what matters, so be patient

The most important financial news to be presented by Microsoft Corp executives on Tuesday requires a bit of waiting. Microsoft MSFT, -0.59% Financial results for the fourth quarter of the fiscal year are due after the bell, to conclude another record year for earnings and revenue, with annual earnings expected to increase approximately 20%, and …

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