South Korea's chip heavyweights SK Hynix and Samsung Electronics skyrocketed in Seoul on Friday, tracking a sharp rally in U.S. technology stocks after blockbuster earnings from Amazon and Microsoft revived optimism around artificial intelligence spending. SK…
On-chain analytics platform Lookonchain tracked a whale that turned a multi-million-dollar loss into a $6.44 million profit in the days leading up to and following the Korean chipmaker's earnings. SK Hynix's stock had been facing a prolonged and substantial d…
Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricingFortune Apple posts record June quarter as iPhone sales surge; Cook weighs in on AI, ChinaFox Business Apple’s Profit Is Up 27%, but Expecta…
iPhone sales drove the largest gains, bringing in $54.3 billion in revenue during the third quarter of fiscal 2026, up 22% YoY. Services, wearables, iPads, and especially Macs also contributed, pushing overall revenue to $109 billion, up 16% YoY.Read Entire A…
The Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster than the 28% clip in the previous quarter and marking the fastest rate of growth in 18 quarters.
