Wednesday, February 09, 2022 13:40:46 UTC

Stock responds positively when Apple officially launched "Tap to Pay" today, a new iPhone feature that will allow businesses to accept payments from their handsets.

The new approach will function simply tapping phones together or using contactless credit cards, with no additional hardware required. Stripe will be the first payment provider to offer the service this spring, alongside Shopify's Point-of-Sale app, with more platforms and applications to follow later this year.

The move pits Apple against Block and other finance businesses like as PayPal, Verifone, and Ingenico. Apple was keen to point out that it will not be able to see what is being purchased or who is purchasing it. Payment data, according to the tech giant, is encrypted and safeguarded by the same technology that makes Apple Pay private and secure.

#aapl #amzn #shop #jpm #appleinc #huawei #iphone #ios #square #paypal #verifone

Wednesday, February 02, 2022 01:06:13 UTC

Google's fourth-quarter earnings crushed expectations and they announced a 20-for-1 stock split, pushing shares up substantially in extended hours trading.

As a result of the post-pandemic increase in marketing spending by corporations around the world, Google parent Alphabet (GOOGL) – Get Alphabet Inc. Class A Report recorded considerably greater fourth quarter results Tuesday and authorized a 20-for-1 split of its stock.

Alphabet reported a record $20.6 billion, or $30.69 per share, in earnings for the three months ending in December, up 37.6 percent from the same time last year and well ahead of the Wall Street consensus expectation of $27.48 per share, which was expected.

#googl #google #alphabet #search #internet #microsoft #apple #tesla #earnings #stocksplit

Wednesday, February 02, 2022 00:49:58 UTC

With government expenditure and borrowing continuing to rise, the latest Treasury Department data shows the United States national debt has reached $30 trillion.

#spx #irs #treasurydepartment #debt #spending #pandemic #federal #trust #funds #covid

Friday, January 28, 2022 11:07:57 UTC

Apple reported record revenue of $123.9B in 2021 Q4, an 11% increase over the same period, previous year. Shares soared 5% after hours yesterday.

#aapl #amzn #shop #jpm #appleinc #huawei #iphone #ios #covid #stores #earnings

Friday, January 14, 2022 12:54:10 UTC

With the market ripe for a massive pullback, expect selloffs at the very least as we head into an enormously overbought three-day weekend. Puts are the play for us today.

#spy #aapl #tsla #amzn #s&p500etftrustetf #etftrust #etf #s&p500 #bearmarket

Tuesday, January 11, 2022 14:23:08 UTC

Stocks are in a bear market, which is being hidden by passive ETFs. When major stock market indices are hovering at all-time highs, that may seem like an odd remark.

#spy #aapl #tsla #amzn #s&p500etftrustetf #etftrust #etf #s&p500 #bearmarket

Monday, January 10, 2022 14:11:25 UTC

Take-Two Interactive, the company behind Rockstar Games' Grand Theft Auto games, is buying Zynga, a mobile social game producer, for $12.7 billion.

#znga #zynga #taketwointeractive #gta #reddeadredemption #onlinegame #videogame

Wednesday, December 29, 2021 13:14:54 UTC

Apple is curtailing services at its New York City stores as the region continues to face a surge in Covid cases. Following the announcement, the stock remained largely unchanged.

#aapl #amzn #shop #jpm #appleinc #huawei #iphone #ios #covid #stores #geniusbar

Friday, December 17, 2021 12:04:08 UTC

A software update with malicious code is the primary evidence to implicate Huawei in a secret Australia telecom hack.

#huawei #cybersecurity #spying #maliciouscode #hacking #australia #telecom

Tuesday, December 14, 2021 14:16:08 UTC

US stock index futures are tumbling in today's premarket ahead of a potential decision on faster tapering from the Federal Reserve later this week.

#spy #apple #amazon #tesla #futures

Monday, December 13, 2021 10:47:26 UTC

Apple is inches away from a $3 trillion market capitalization. This would make them the worlds third largest economy, behind Germany. A $200 per share price approaches.

#apple #iphone #ipad #stevejobs #germany #largesteconomy

Thursday, December 09, 2021 12:44:32 UTC

Apple won a temporary reprieve in appeals court on judge-ordered App Store changes in the company's antitrust case with Epic Games Inc.

#apple #epicgames #monopoly #antitrust #appstore #paypal #square

Thursday, December 02, 2021 12:19:04 UTC

Production for Apple's iPhone 13 has dropped dramatically, due to supply chain issues, the company said today. The stock is down in pre-market after a $170 high yesterday.

#apple #iphone #camera #mobile #supplychain

Wednesday, October 13, 2021 10:41:32 UTC

Realized this morning, due to prolonged chip shortages, Apple will cut projected iPhone 13 production targets for 2021 by as much as 10 million units.

#apple #iphone #broadcom #texasinstruments #supplychain #iphone13

N/A

A massive options trade may be the culprit for the S&P dump just before market close Thursday afternoon.

#spx #dow #aapl #spy #irs #treasurydepartment #debt #spending #pandemic #federal #trust #fu

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When daily active users at Snapchat's parent business rose somewhat more than expected, the stock of social media company Snap fell.

#snap #googl #fb #twtr #aapl #snapinc #snapchat #google #twiter #socialmedia #facebook #came