News

Apple (AAPL.O) CFO: The company is applying for tariff refunds "in accordance with normal procedures" and will reinvest any recovered amounts in its U.S. advanced manufacturing projects.

Apple (AAPL.O) CEO Cook: It is expected that memory costs will have a greater impact on the business after the current quarter. Several options will be considered to address memory costs.

Apple (AAPL.O) CEO Cook: Memory costs in the second quarter were higher than in the first quarter. Memory costs are expected to be significantly higher in the third quarter than in the second quarter.

Apple (AAPL.O) CEO Cook: Looking ahead to the June quarter, most of our supply constraints are expected to be concentrated on a few Mac models.

Apple (AAPL.O) CFO: The company will no longer provide a net cash neutral capital allocation target.

Apple (AAPL.O) rose more than 3% after the bell.

Apple (AAPL.O) CFO: The company expects gross profit margin in the June quarter to be between 47.5% and 48.5%.

Apple (AAPL.O) CFO: Due to supply constraints, June quarter revenue is expected to increase by 14-17% year-on-year.

Apple (AAPL.O) CEO Cook: Now is the "right time" to resign as CEO.

SEC: Tesla CEO Musk’s total compensation in 2025 will be US$158.36 billion, all of which will be stock awards.

Alphabet Inc. shares jumped 10% to $384.80, adding about $421 billion in market value in a single day, the second-largest one-day gain ever recorded. The rally followed stronger-than-expected quarterly results driven by demand for cloud and artificial intelligence services, reinforcing investor confidence in its AI spending strategy. The company’s market capitalization rose to $4.65 trillion, putting it close to overtaking Nvidia Corporation as the world’s largest firm. The broader megacap tech earnings cycle showed mixed reactions, with Microsoft and Meta declining while Amazon posted modest gains.

Apple (AAPL.O) raised its dividend to $0.27 per share.

Apple's earnings call will be held in ten minutes.

Apple (AAPL.O) fell more than 1% after the bell.

In the week ending April 24, foreign central banks held US$6.679 billion in US Treasury bonds, compared with the previous value of US$23.057 billion.

Apple (AAPL.O): Wearable device revenue in the second quarter was $7.901 billion.

Apple (AAPL.O) Q2 net profit for fiscal year 2026 was US$29.578 billion, compared with US$24.78 billion in the same period last year, and market expectations were US$28.298 billion.

Apple (AAPL.O) Q2 EPS for fiscal year 2026 is US$2.01, compared with US$1.65 in the same period last year, and the market expected US$1.94.

Apple (AAPL.O): iPhone revenue in the second quarter was $56.994 billion.

U.S. Trade Representative: The United States and the United Kingdom have decided that the United States will allow whiskey produced in the United Kingdom to enjoy preferential tariff treatment.