Apple loses EU case, Oracle stock jumps, Nvidia's market influence
Update: 2024-09-10
Description
US stocks (^DJI, ^IXIC, ^GSPC) are hoping to rebound further from last week's volatile trading.
Takeaways:
- Apple (AAPL) faces a major setback as the European Union’s top court ordered the tech giant to pay nearly 13 billion euros ($14 billion) in back taxes to Ireland. This ruling comes just hours after Apple's launch of its new iPhone 16 lineup.
- Meanwhile, Oracle (ORCL) shares are higher after reporting first quarter earnings that topped investor expectations on both the top and bottom line.
- Citigroup head of US equity strategy Scott Chronert shares his market insights as the tech-heavy S&P 500 may be moving away from Nvidia's (NVDA) influence as a leader in the AI chip trade.
Don’t miss an episode of Yahoo Finance's Yahoo Finance Morning Brief. Subscribe wherever you listen to your podcasts.
Connect With Us: We love hearing from our listeners! Write a review and let us know what you think about the show.
Send your thoughts and questions to yfpodcasts@yahooinc.com.
Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Comments
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
