A pundit's new take on the company inspired some investors to pile into it.
Wall Street seems to love Apple's latest guidance on the new iPhone and Chinese demand
"Our view is betting against Cook and Cupertino into an AI-driven supercycle led by iPhone 16 and Apple Intelligence is the wrong move," Wedbush said.
Labor Market Sends Up a Red Flag as Unemployment Rate Rises
Hiring slowed in July as U.S. employers added a disappointing 114,000 jobs and the unemployment rate jumped to 4.3%, the highest level in nearly three years, the Bureau of Labor Statistics announced Friday.Economists had expected to see job growth closer to 175,000 during the month. The results were well below the average of 215,000 jobs added per month over the last year and fell short of the 200,000 jobs per month that are needed to keep up with population growth.The latest data sparked new wo
CrowdStrike Stock (NASDAQ:CRWD): Recent Outage Won’t Derail Long-Term Growth
The cybersecurity industry is becoming increasingly dangerous, with cyber threats growing in both frequency and sophistication. Recent stats show a 30% surge in global cyber attacks in Q2 2024 compared to last year, with organizations facing an average of 1,636 attacks weekly. This makes it essential to examine the resilience and potential of top cybersecurity companies like CrowdStrike (CRWD). Despite a recent outage that disrupted services for major clients, including airlines, banks, and hosp
On-Device Proofs Solve DePIN Verification Challenges
Zero-knowledge proofs generated on DePIN devices are the best way to provide robust verification for service, performance, and location data while maintaining decentralization...
Treasuries Surge as Wall Street Pressures the Fed to Ease Policy
(Bloomberg) -- A rally in the Treasury market accelerated on Friday as softening US employment data fueled speculation the Federal Reserve will start aggressively cutting interest rates to keep the economy from stalling. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to