Related
NBC Los Angeles
Huawei Turns to Patents for a Lifeline — Including Those in the U.S.
BEIJING — Chinese telecommunications giant Huawei is turning to patents for a lifeline as the company seeks to forge a path forward in advanced chip technology — the prized tech which the U.S. is trying to cut off from China. In 2022, Huawei announced it signed more than...
NBC Los Angeles
Stocks Making the Biggest Moves Midday: Amazon, Alphabet, Apple, Nordstrom, Ford and More
Check out the companies making headlines in midday trading. Amazon – The e-commerce giant's stock tumbled 8.4% despite a revenue beat. Late Thursday, Amazon issued weaker-than-expected guidance for the current period. The company also reported a slowdown in growth within its cloud business. Alphabet — The tech giant saw...
NBC Los Angeles
5 Things to Know Before the Stock Market Opens Friday
Earnings from Apple, Amazon and Alphabet disappointed. Ford's CEO is frustrated after an ugly earnings report. There's a suspected Chinese spy balloon floating above the U.S. Here are the most important news items that investors need to start their trading day:. 1. Tech letdown. Meta raised everyone's hopes with its...
NBC Los Angeles
Top Wall Street Analysts Find These Stocks Compelling
During these challenging times, making informed decisions with a long-term view is vital for investors. Here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their track records. Advanced Micro Devices. Semiconductor company Advanced Micro Devices' (AMD) fourth-quarter results surpassed...
NBC Los Angeles
Apple's Long-Term Positives Outweigh Rare Earnings Miss, Morgan Stanley Says
Morgan Stanley analysts think Apple remains a buy, even after a top- and bottom-line miss. Apple's first year-over-year sales decline since 2019 owes much more to macro headwinds than underlying issues at the company, an analyst note observed. Growth in user spend and installation are positive signs, according to the...
NBC Los Angeles
Bill Gates Says Elon Musk's Ambition to Colonize Mars Is Not a Good Use of Money
In an interview with the BBC, Microsoft co-founder Bill Gates questioned whether Musk's vision of colonizing Mars was a good use of money. Gates suggested he doesn't think Musk would qualify as a philanthropist currently but that "some day he will." He added that funding vaccine development was a better...
Comments / 0