Apple event, Oracle earnings, Arm strategy: 3 Things

📆 9/12/2023 4:22 PM
📰 YahooFinanceCA

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Apple (AAPL) announces design changes for the iPhone 15 ahead of its launch event later today. Oracle Corp. (ORCL) shares fall after reporting weaker-than-expected earnings, particularly in its revenue tied to its hardware segment. According to Bloomberg, Arm Holdings (ARM) could be changing up its strategy ahead of its IPO and refocusing its attention on designing growth-driven products. Yahoo Finance's Brad Smith highlights several of the top headlines making waves Tuesday morning.

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Civil actions against a B.C. couple now facing 80 criminal charges in Edmonton detail an alleged Ponzi scheme that tricked hundreds of investors out of millions of dollars in retirement savings.Curtis Quigley and Kathleen Treadgold, both 56, are jointly charged with 80 counts of fraud over $5,000 after turning themselves in to Edmonton police last month.They're also accused of laundering proceeds of crime in what the Edmonton Police Service alleges was a $7.

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Updated Covid vaccines, Oracle earnings, Tesla stock jumps: Top StoriesThe U.S. Food and Drug Administration has approved updated Covid vaccines from Pfizer (PFE) and Moderna (MRNA) to combat new virus variants amid a surge in new cases and hospitalizations. Oracle (ORCL) shares moved lower in after-hours trading after reporting mixed fiscal first quarter results. Lastly, Tesla (TSLA) stock jumped after Morgan Stanley (MS) upgraded the stock to 'Overweight' from 'Equal Weight' and issued a $400 price target, citing a potential boost from its Dojo supercomputer. Yahoo Finance's Akiko Fujita breaks down the top stories of the day.
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