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Apple


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Apple shares outperform; iPhone 16 reviews out, demand questioned

BUZZ-Apple shares outperform; iPhone 16 reviews out, demand questioned Updates ** Apple's AAPL.O shares up 1.4% at $220.30, outperforming broader market on Wednesday, with S&P 500 .SPX up 0.05%, on publication day for media reviews of latest iPhone model ** However, J.P.Morgan analyst points to "soft demand cycle" ** Theverge.com wrote: "It's a good year for Apple's basic iPhone, even if its AI is MIA." Reviewer said standard iPhones looked "a little neglected" in the past few years, but this ye
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U.S. STOCKS United States Steel, Ambac Financial, Apple

BUZZ-U.S. STOCKS ON THE MOVE-United States Steel, Ambac Financial, Apple Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes slipped in volatile trading on Wednesday ahead of the Federal Reserve's highly anticipated first interest rate cut in more than four years, with jitters over the magnitude of the reduction dominating mood.
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Wall St slips as Fed's first rate cut in four years looms

US STOCKS-Wall St slips as Fed's first rate cut in four years looms For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Fed rate decision due at 2:00 p.m. ET Intuitive Machines soars after clinching NASA contract Indexes down: Dow 0.24%, S&P 500 0.27%, Nasdaq 0.39% Updated at 12:04 p.m. ET/1604 GMT By Johann M Cherian and Purvi Agarwal Sept 18 (Reuters) - Wall Street's main indexes slipped in volatile trading on Wednesday ahead of the Feder
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Apple shares outperform; iPhone 16 reviews out, demand questioned

BUZZ-Apple shares outperform; iPhone 16 reviews out, demand questioned ** Shares of Apple Inc AAPL.O up 1.9% at $220.94, outperforming the broader market on Wednesday, with S&P 500 .SPX up 0.05%, on publication day for media reviews of latest iPhone model. However JPMorgan analyst points to "soft demand cycle" ** Theverge.com wrote: "It's a good year for Apple's basic iPhone, even if its AI is MIA." Reviewer said standard iPhones looked "a little neglected" in the past few years, but this year,
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Wall St subdued as investors await Fed decision with bated breath

US STOCKS-Wall St subdued as investors await Fed decision with bated breath For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Fed rate decision due at 2:00 p.m. ET Intuitive Machines soars after clinching NASA contract US Steel up as CFIUS delays Nippon merger decision, sources say Indexes: Dow off 0.11%, S&P 500 edges up 0.06%, Nasdaq up 0.13% Updated at 9:45 a.m.
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Facebook parent Meta Platforms beats lawsuit over Apple privacy, Sandberg disclosures

Facebook parent Meta Platforms beats lawsuit over Apple privacy, Sandberg disclosures By Jonathan Stempel Sept 18 (Reuters) - Meta Platforms META.O won the dismissal of a lawsuit claiming it defrauded shareholders by concealing how changes to Apple's AAPL.O privacy settings would make Facebook and Instagram less desirable for advertisers. In a decision on Tuesday, U.S.
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Futures tread water as investors brace for Fed rate cut

US STOCKS-Futures tread water as investors brace for Fed rate cut For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures: Dow up 0.11%, S&P 500 up 0.01%, Nasdaq off 0.01% Sept 18 (Reuters) - U.S. stock index futures were subdued on Wednesday as skittish investors waited for the Federal Reserve to cut interest rates for the first time in more than four years, with most traders betting on a half-percentage-point reduction.
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European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Adds Google's win on antitrust fine challenge, paragraph 10 Sept 18 (Reuters) - European regulators have launched a series of investigations into Big Tech in recent years. Here are some of the actions taken: DIGITAL MARKETS ACT The European Union's Digital Markets Act (DMA) took effect in 2022 with the aim of curbing the power of Big Tech and ensuring a level playing field for smaller rivals.
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EU court confirms Qualcomm's antitrust fine, with minor reduction

UPDATE 1-EU court confirms Qualcomm's antitrust fine, with minor reduction Adds background throughout, EU court quote in paragraph 4 and Qualcomm not immediately responding in paragraph 6 By Foo Yun Chee BRUSSELS, Sept 18 (Reuters) - Europe's second-top court largely confirmed on Wednesday an EU antitrust fine imposed on U.S. chipmaker Qualcomm QCOM.O , revising it down slightly to 238.7 million euros ($265.5 million) from an initial 242 million euros.
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U.S. STOCKS Teladoc Health, Veritex, New York Community Bancorp

BUZZ-U.S. STOCKS ON THE MOVE- Teladoc Health, Veritex, New York Community Bancorp Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes rose on Tuesday, with the benchmark S&P 500 close to its intraday record high, as investors awaited a crucial Federal Reserve policy decision and fresh economic data allayed worries of a sharp slowdown in the U.S.
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U.S. STOCKS AppLovin, Regal Rexnord, Talkspace

BUZZ-U.S. STOCKS ON THE MOVE- AppLovin, Regal Rexnord, Talkspace Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main stock indexes rose on Tuesday, with the S&P 500 hitting an intraday record high ahead of a crucial Federal Reserve interest-rate decision, after fresh economic data allayed worries of a sharp slowdown in the U.S.
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Amazon slams authors’ class action over audiobook distribution

Amazon slams authors’ class action over audiobook distribution By Mike Scarcella Sept 17 (Reuters) - Amazon.com has asked a U.S. judge to dismiss what it called a “far-fetched” lawsuit by independent authors accusing the e-commerce giant of monopolizing the retail market for audiobooks and causing them to overpay for the distribution of their works.
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JPMorgan in talks with Apple over Goldman credit card partnership, source says

UPDATE 3-JPMorgan in talks with Apple over Goldman credit card partnership, source says Updates with sourcing throughout JPMorgan-Apple talks started earlier this year, advanced recently Goldman facing costly exit from Apple partnership, seen as risky Goldman refocuses on investment banking, trading after consumer banking losses Sept 17 (Reuters) - JPMorgan Chase JPM.N is i n talks with Apple AAPL.O about replacing Goldman Sachs GS.N as the tech giant's credit-card partner , a source familiar wi
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JPMorgan in talks with Apple to take over credit card program from Goldman, WSJ reports

JPMorgan in talks with Apple to take over credit card program from Goldman, WSJ reports Sept 17 (Reuters) - JPMorgan Chase JPM.N is talking with Apple AAPL.O about taking over the tech giant's credit-card program from Goldman Sachs GS.N , the Wall Street Journal reported on Tuesday. Reporting by Manya Saini in Bengaluru; Editing by Arun Koyyur
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JPMorgan In Talks With Apple To Take Over Credit Card From Goldman - WSJ

BRIEF-JPMorgan In Talks With Apple To Take Over Credit Card From Goldman - WSJ Sept 17 (Reuters) - JPMORGAN IN TALKS WITH APPLE TO TAKE OVER CREDIT CARD FROM GOLDMAN - WSJ JPMORGAN CHASE COULD BECOME THE NEW APPLE CREDIT-CARD ISSUER BUT IS SEEKING CONCESSIONS - WSJ Source text : https://tinyurl.com/23vjuzc3 Further company coverage: AAPL.O
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Lawsuit claims Miley Cyrus copied Bruno Mars song for hit 'Flowers'

Lawsuit claims Miley Cyrus copied Bruno Mars song for hit 'Flowers' By Blake Brittain Sept 17 (Reuters) - Pop star Miley Cyrus copied fellow megastar Bruno Mars' hit "When I Was Your Man" in her number-one single "Flowers," according to a copyright lawsuit filed in California federal court. The complaint, filed on Monday by music-rights owner Tempo Music Investments, said that "Flowers" duplicates "numerous melodic, harmonic and lyrical elements" of Mars' song, which topped the Billboard Hot 100
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U.S. STOCKS GE Vernova, Dell, Super Micro Computer

BUZZ-U.S. STOCKS ON THE MOVE-GE Vernova, Dell, Super Micro Computer Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures edged higher as investors awaited a batch of economic data and clung to hopes the Federal Reserve would deliver a supersized interest-rate cut at its monetary policy meeting, which starts on Tuesday.
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China's Lenovo to make AI servers in India, opens new centric lab

China's Lenovo to make AI servers in India, opens new AI-centric lab By Sai Ishwarbharath B BENGALURU, Sept 17 (Reuters) - China's Lenovo Group 0992.HK will start making artificial intelligence (AI) servers at its plant in southern India and opened an AI servers-focussed R&D lab in the tech hub of Bengaluru, the electronics hardware maker said on Tuesday.
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OpenAI’s value on human destruction short circuits

RPT-BREAKINGVIEWS-OpenAI’s value on human destruction short circuits The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Sept 16 (Reuters Breakingviews) - As investors weigh OpenAI’s valuation, they might consider the humble paperclip. A cautionary tale about corporate profit maximizers building a robot that so excels in producing the office supply that it wipes out humanity might seem far-fetched.
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OpenAI’s value on human destruction short circuits

RPT-BREAKINGVIEWS-OpenAI’s value on human destruction short circuits The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Sept 16 (Reuters Breakingviews) - As investors weigh OpenAI’s valuation, they might consider the humble paperclip. A cautionary tale about corporate profit maximizers building a robot that so excels in producing the office supply that it wipes out humanity might seem far-fetched.
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