AI features promise to boost iPhone sales
Key points: Apple shares rose more than 7% on Tuesday, reaching $207.15. At its annual developer event, Apple unveiled updates to Siri…
Stock market and company news
Earnings, dividends, corporate deals and market-moving events selected by ParadNEWS to help investors understand what is driving stock prices.
Uber loses appeal over gig work law
Key points: Uber failed to prove that California’s 2020 law (AB5) unfairly singles out transportation companies for taxes. US em…
Nvidia could be included in the Dow
Key points: Nvidia completed a 10-for-1 stock split, making it more accessible to retail investors. The price per share after the spli…
Market closed lower after jobs data
Key points: The Dow Jones, S&P 500 and Nasdaq Composite indexes closed slightly lower. Strong employment data (272,000 new jobs) l…
Microsoft and Nvidia may be accused of monopoly
Key points: The US Department of Justice and the FTC may launch antitrust investigations against Microsoft, Nvidia and OpenAI. The com…
S&P 500 declines ahead of nonfarm payrolls
Key points: The S&P 500 and Nasdaq indices corrected slightly after reaching record highs, while the Dow Jones rose. Technology, u…
Intel introduced new processor chips
Key points: The release of Xeon 6 is a strategic move for Intel, which has been losing ground in the market recently. The new Xeon 6 p…
The NYSE experienced a glitch during trading
Key points: The S&P 500 and Nasdaq rose despite weak US manufacturing data. A technical glitch at the NYSE led to a temporary susp…