Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now ASX - Delayed Quote • AUD Askari Metals Limited (AS2.AX) Follow Add holdings 0.0100 +0.0010 +(11.11%) At close: 2:17:09 PM GMT+10 Related News Amazon beats on Q1 earnings, but light Q2 guidance weighs on stock Amazon reported its first quarter earnings after the bell on Thursday. Apple changes US App Store rules to let apps redirect users to their own websites for payments Apple has changed its App Store rules in the U.S. to let apps link users to their own websites so they can buy subscriptions or other digital goods. This change comes after a U.S. court ruled in favor of Epic Games in a case against the iPhone maker, ordering the latter not to prohibit apps from including features that could redirect users to their own websites for making digital purchases. "The App Review Guidelines have been updated for compliance with a United States court decision regarding Amazon CEO says 100,000 users now have Alexa+ Amazon's upgraded digital assistant powered by generative AI, Alexa+, has rolled out to over 100,000 users, CEO Andy Jassy said on the company's earnings call Thursday. While that's a far cry from the 600 million Alexa devices out there, the company is making some progress on the rollout of Alexa+, which was first unveiled in February. At the time, Amazon said that Alexa+ would roll out in waves over the coming months. Amazon's new digital assistant aims to let users talk with it in a more natur How Apple stock tends to trade following earnings Apple (AAPL) shares inch lower in Thursday's after-hours trading, coming off of the iPhone maker's earnings call for its fiscal second quarter. The tech giant boasted a quarterly beat on the top and bottom lines. Yahoo Finance markets and data editor Jared Blikre lays out how Apple's stock has historically traded following previous earnings releases. Also catch up on Yahoo Finance senior reporters Alexandra Canal's coverage of Apple's digital services segment. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Apple Q2 earnings: A breakdown of Apple's services segment Apple (AAPL) posted fiscal second quarter figures that outdid top and bottom line expectations — adjusted earnings of $1.65 (vs. estimates of $1.62) and revenue of $95.4 billion (vs. estimates of $94.6 billion) — with the stock edging lower in Thursday's after-hours session. Going in depth into the iPhone maker's other segments, Yahoo Finance senior reporter Alexandra Canal breaks down the components and revenue of Apple's digital services businesses in the second quarter. A federal judge found Apple (AAPL) in violation of a 2021 court order demanding the tech giant to enable broader competition for app developers and payment methods on its App Store. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Apple iPhone revenue tops estimates, Services falls short Apple (AAPL) reported fiscal second quarter adjusted earnings of $1.65 versus a Bloomberg consensus estimate of $1.62. Revenue was $95.4 billion compared to the expected $94.6 billion. iPhone revenue was $46.8 billion. Wall Street had been anticipating $45.9 billion. Mac revenue and iPad revenue both topped estimates while Services and Wearables revenue fell short. Greater China revenue was $16.00 billion which was short of the $16.83 billion estimate. Market Domination Anchors Josh Lipton and Julie Hyman report the breaking details. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Amazon Q1 earnings beat, but weak outlook weighs on stock Amazon (AMZN) stock falls after the company reported first quarter results as the e-commerce giant's weak outlook overshadowed its earnings beat on the top and bottom lines. First quarter net sales were $155.7 billion, slightly ahead of estimates of $155.16 billion, as earnings per share (EPS) came in at $1.59, beating the $1.36 expected. The company issued guidance, saying it expects its second quarter operating income to be between $13 billion and $17.5 billion, with the high end below analyst estimates. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. ChatGPT: Everything you need to know about the AI-powered chatbot ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership with Apple for its generative AI offering, Apple Intelligence, the release of GPT-4o with voice capabilities, and the highly-anticipated launch of its text-to-video Fortnite plans return to the US iOS App Store next week Epic Games' mega-popular Fortnite is promising a return to the U.S. iOS App Store next week after a surprising ruling in a years-long legal battle with Apple. The dispute between Epic and Apple began in 2020, when Apple removed Epic Games from the iOS App Store. Because Apple takes 30% of all in-app purchases, Epic had introduced support for direct payments in Fortnite to bypass Apple's fee. The following year, Judge Yvonne Gonzalez Rogers ruled that Apple could not prevent developers like Epic Big Tech earnings, Amazon & Apple, Tesla denies search: 3 Things Meta Platforms (META) and Microsoft (MSFT) released their latest quarterly earnings after the market close on Wednesday, both topping Wall Street expectations. Read up on Yahoo Finance tech editor Dan Howley's coverage of both. Amazon (AMZN) and Apple (AAPL) are next on deck from the Magnificent Seven to report earnings results after the closing bell today. Tesla (TSLA) chair Robyn Denholm has denied reports that the electric vehicle manufacturer has initiated a search for a new CEO to replace Elon Musk. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. 1 No-Brainer Tech Stock Down 18% to Buy on the Dip in 2025 Taiwan Semiconductor is the go-to producer for many big tech companies. Chips are exempt from the new tariffs announced by the Trump administration. TSMC's chips are a foundational piece of the artificial intelligence ecosystem. Morning Bid: Buy in May? It's Friday, so today I'll provide a quick overview of what's happening in global markets and then offer you some weekend reading suggestions away from the headlines. * Beijing is "evaluating" an offer from Washington to hold talks over U.S. President Donald Trump's 145% tariffs, although it warned the United States not to engage in "extortion and coercion." Arbitration on Exxon and Chevron dispute over Hess acquisition scheduled for 26 May The arbitration case centres on the Stabroek block off the coast of Guyana. Dow Jones Futures Rise As China Says It's 'Evaluating' U.S. Trade Talks. Amazon, Apple Fall On Earnings. Dow futures rose as China said it's "evaluating" U.S. trade talks. Apple, Amazon fell on earnings. Microsoft, Meta led Thursday's rally. Profits for American oil giants like Exxon Mobil and Chevron fade in tandem with oil demand The oil and gas giant earned $7.71 billion, or $1.76 per share, for the three months ended March 31. It earned $8.22 billion, or $2.06 per share, in the year-ago period. The results topped Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. Exxon Mobil first quarter profit slumps to the lowest level in years as energy prices fade on expected global slowdown Exxon Mobil first quarter profit slumps to the lowest level in years as energy prices fade on expected global slowdown. Stocks to Watch Friday: Block, Apple, Amazon ↘️ Block (XYZ): The parent of Cash App and Square posted a drop in quarterly results and cut its annual guidance. It flagged a "pronounced shift" in consumer behavior, saying users of its Cash App Card had cut back on non-essentials like travel and media. Social Buzz: Wallstreetbets Mostly Higher Pre-Bell Friday; Reddit to Advance, Apple to Decline The most-talked-about stocks in the Reddit subforum Wallstreetbets were mostly higher hours before F Futures rise on signs of easing trade tensions, jobs data in focus Global stocks rose as Beijing said on Friday it was "evaluating" an offer from Washington to hold talks over U.S. President Donald Trump's 145% tariffs on China. Their back-and-forth over tariffs has kept investors on edge, with both sides unwilling to be seen backing down in a trade war that has roiled global markets and upended supply chains. Still, Trump's reversal of some tariffs on global trade partners has helped U.S. stock indexes recover sharply from recent losses. Exxon: Q1 Earnings Snapshot SPRING, Texas (AP) — Exxon Mobil Corp. XOM) on Friday reported first-quarter net income of $7.71 billion. The Spring, Texas-based company said it had profit of $1.76 per share. Performance Overview Trailing total returns as of 5/2/2025, which may include dividends or other distributions. Benchmark is S&P/ASX 200 [XJO] (^AXJO) Return AS2.AX S&P/ASX 200 [XJO] (^AXJO) YTD -16.67% +0.97% 1-Year -79.17% +8.58% 3-Year -98.39% +12.13%