To The Moon

Apple Inc. remains under pressure amid soaring headwinds of regulatory pressure and iPhone saturation.iPhone sales are under pressure amid stiff competition and a depressed upgrade cycle in China.The

Apple Inc. laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings with the California Employment Development Depar

The company has teams working on automated home devicesThe search is on for new growth sources after EV gets nixedApple Inc. has teams investigating a push into personal robotics, a field with the pot

End of program part of far-reaching revamp of grocery businessJust Walk Out technology debuted in Seattle convenience storeAn Amazon Go store in Seattle on Feb. 24, 2020.Amazon.com Inc. is removing it

Apple is going through a difficult time this year and its stock is underperforming.However, the problems Apple faces are not unique to it and they are short term in nature.A new potential partnership with Alphabet to add AI to future editions of the iPhone could get the company back on track.News of the antitrust case sent Apple’s stock down 4% in a single trading session, wiping $113 billion from the company’s market value. While things look grim, there’s still reason to keep AAPL stock as a core portfolio holding.The antitrust lawsuit accuses Apple of having an illegal monopoly in the smartphone market and using predatory practices to retain its dominant position.The latest antitrust case seeks to dismantle the way Apple’s hardware and software work together on the company’s electronic devices that include the iPhone, iPad, and Apple Watch.In China, Apple faces a major competitive threat from Chinese technology leader Huawei, whose Mate 60 smartphone has become a big hit with consum

The social news website still has a lot to prove.

By Mike Scarcella March 25 (Reuters) - Apple has been hit with a flurry of new consumer lawsuits accusing the iPhone maker of monopolizing the smartphone market, piggybacking on a sweeping ant

Walmart-backed digital marketing company Ibotta has filed to go public in the United States, it said in a filing on Friday.The Denver-based company, which counts PepsiCo, Nestle and Coca-Cola among its more than 850 clients, did not disclose the size of the offering.Its revenue grew 52 per cent year-on-year to $320 million in 2023 while net income margin grew 12 per cent, the filing showed. Founded by Bryan Leach in 2011, the company helps brands deliver digital promotions and offers cash-back rewards to consumers on their everyday purchases. Ibotta is moving forward with its listing plans at a time when initial public offerings in the United States are on the rebound thanks to easing concerns over elevated borrowing costs.Shares of Reddit Inc and Astera Labs sky-rocketed in their debuts this week, further encouraging companies and investors to return to IPOs after a nearly two-year lull. Ibotta plans to list its shares on the New York Stock Exchange under the symbol "IBTA". Goldman S

SoundHound AI’s stock is up 300% in 2024.The company’s balance sheet is much stronger than a year ago.It’s got a great niche business in AI.It’s not surprising that SoundHound AI stock is having a good year.With AI in your corporate name and Nvidia owning 1.7 million shares, SOUN stock was bound to attract more than a little attention from investors in 2024.SoundHound provides proprietary voice AI technology that improves the customer experience.There are so many use cases for SounHound’s technology it wouldn’t surprise me if it doubled its revenue in 2024.In Q4 2023, its revenue was just $17.1 million, 80% higher than a year earlier and 28.6% higher sequentially than in Q3 2023, while in 2023, it was $45.9 million, 47% higher year-over-year.To make the acquisition, it paid $5 million in cash and issued 8.97 million of its SOUN stock.In addition, revenue targets for further payouts in 2024, 2025, and 2026 were se

Shortages never last forever.