S&P 500 rallies as blowout jobs report showing easing wages fuel soft landing bets

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Microsoft and Google leading the AI arms race - Wedbush

October 10, 2023 8:00 AM EDT

Wedbush analyst Daniel Ives revealed in a note Tuesday that Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOGL) topped their proprietary generative AI survey.

The firm partnered with marketing/analytics strategy consultants to survey 672 businesses to study how large enterprise decision-makers are viewing generative AI and their strategies,... More

Barclays says Apple (AAPL) September monthly revenue was 4% below seasonal on China demand weakness

October 9, 2023 8:56 AM EDT

According to Barclays' Apple (NASDAQ: AAPL) supplier tracker, the tech giant's September was seasonally below.

Analyst Tin Long revealed in a note Monday that Apple's September "monthly revenue was 4% below seasonal with Sep-Q builds also tracking 130bps below."

"Our supply chain... More