Sept. 11, 2024 7:00 am ET Duffers are ruining things for Topgolf Callaway MODG -9.05%decrease; red down pointing triangle. Serious golfers are reliably showing up on golf courses, spending money on their equipment and golf balls. But recreational players are no longer as keen on shelling out some $70 an hour on a driving range…
SEOUL—Apple AAPL 1.17%increase; green up pointing triangle says it will soon introduce generative artificial intelligence to its new iPhones. Samsung 005930 0.00%increase; green up pointing triangle Electronics, Apple’s chief smartphone rival, offers clues on how the experience might go. Since January, Samsung has rolled out many of the same AI features that Apple has promised,…
Updated Jan. 16, 2024 7:06 pm ET The U.S. Supreme Court has turned down Apple’s attempt to appeal a decision in an antitrust case over its App Store, a rejection that could create new options for companies such as Netflix and Spotify to sign up customers. Apple and “Fortnite” developer Epic Games last year separately…
Updated Jan. 16, 2024 4:48 am ET Apple is offering rare discounts in China, including on its latest iPhones, in a bid to beat back growing competition in the high-end market from rivals. The tech giant is running a promotion from Thursday through Sunday in China in which it is cutting the price of iPhones…
After an everything rally that pushed major stock indexes near new highs, some investors just want the good stuff. They are looking for quality stocks, broadly defined as shares of companies with some combination of growth, reliable profits and strong balance sheets. Those run the gamut from recent highfliers such as Microsoft and Nvidia to…
Updated Jan. 13, 2024 12:01 am ET Listen to article (1 minute) HERZOGENAURACH, Germany—A former professional soccer player, Bjorn Gulden says that when he took over Adidas just over a year ago, it felt as if the German sports giant was losing by four goals at halftime. Morale was down after the collapse of its…
As much as luxury companies would love to stamp out the secondhand trade in their products, it’s an impossible task. All the better for fashionistas and investors, who can both benefit from this booming business. Shoppers have splashed out $1.3 trillion on new luxury handbags, clothes, watches and jewels over the past four years alone….
Here are some of the major companies whose stocks moved on the week’s news. Source link
Updated Jan. 12, 2024 12:39 pm ET Listen to article (2 minutes) MILAN—When Gucci’s flagship store here reopened last month, the space was missing the baroque flourishes and jewel-toned colors that have defined the brand in recent years. Instead the look is decidedly less maximalist—all clean lines and understated tones. Copyright ©2024 Dow Jones &…
Updated Jan. 9, 2024 12:00 am ET A breakup over grocery prices got messier Monday when PepsiCo said that it, not supermarket chain Carrefourinitiated the split. PepsiCo said that it had decided to stop supplying the chain’s European stores because the two sides hadn’t reached an agreement on a new contract. Copyright ©2024 Dow Jones…
