Category: Stock Market

Apple Stock Sinks on Siri Upgrade Delay Fears After Testing Snags

Posted on by Olumide Adesina

Apple’s stock sank after recent testing issues for Apple’s long-planned Siri virtual assistant update could cause a delay in the release of several highly anticipated features.

Apple's China production will be hit hard

Apple is now trying to spread them across future iterations of the operating system after first deciding to include the new features in the March operating system update, iOS 26.4, according to people familiar with the matter.

This could mean holding off on releasing some features until at least iOS 26.5, which is due out in May, and iOS 27, which is due out in September.

Apple has faced many challenges since the company first unveiled its plans for the updated Siri in June 2024, and the most recent setbacks are just one of them. During that year, the iPhone manufacturer showcased features that would enable the assistant to access personal data and on-screen content to fulfill requests.

Additionally, the updated Siri would enable users to control third-party and Apple apps with their voice commands

Apple postponed the rollout last spring to early 2025 as the deadline for all of the new features, stating that the new Siri would instead be available in 2026. It never made a more precise timing announcement. However, Apple internally decided on the March 2026 target, which was tied to iOS 26.4 and was still in effect as of last month.

According to the people, who asked not to be named because the discussions are confidential, testing revealed new issues with the software, which led to the most recent delays. They claimed that Siri can take too long to process requests or doesn’t always process them correctly. The situation is still unstable, and Apple’s plans could alter even more

Apple Stock Under Fire on Siri AI Delay, Censorship Allegations, Investor Trimming

Posted on by Skerdian Meta

Apple’s run came to a dramatic halt as investor confidence was shaken by censorship claims, regulatory scrutiny, Siri integration delays, and growing concerns over AI spending.
Continue reading “Apple Stock Under Fire on Siri AI Delay, Censorship Allegations, Investor Trimming” →

Capitec Share Price CPI Powers to R5,000 on Strong FY26, Legal Win, Digital Expansion

Posted on by Skerdian Meta

Capitec’s share price continues to rise as a result of the bank’s strong FY26 profit forecast, clear regulations, and digital expansion, all of which boost investor confidence in the long-term success story of the business. Continue reading “Capitec Share Price CPI Powers to R5,000 on Strong FY26, Legal Win, Digital Expansion” →

Forex Signals Feb 12: AMAT, ANET, Unilever, BUD, BTI and Airbnb Earnings Preview

Posted on by Skerdian Meta

Applied Materials, Arista Networks, Unilever, and Anheuser-Busch InBev, British American Tobacco, and Airbnb lead today’s earnings agenda, which includes semiconductors, networking, consumer staples, tobacco, and travel. Continue reading “Forex Signals Feb 12: AMAT, ANET, Unilever, BUD, BTI and Airbnb Earnings Preview” →

Investor Ancora Opposes Warner-Netflix Tie-Up, Backs Paramount Hostile Bid

Posted on by Olumide Adesina

Ancora Holdings, an activist investor, is pleading with Warner Bros. Discovery Inc.’s board. to decline Netflix Inc.’s offer and give Paramount Skydance Corp.’s rival bid another look. giving one of the most significant takeover battles in Hollywood a new plot twist.

Netflix at a Crossroads: Earnings Loom After Volatile Year and Mega Acquisition

Warner Bros. is owned by Ancora, an $11 billion fund that has a track record of getting involved in transactions. Valuable at approximately $200 million, the company said in a statement on Wednesday.

Warner Brothers was estimated to be worth $69 billion on Tuesday, meaning Ancora owns less than 1% of the company.

However, Ancora’s pressure might push investors who have been considering whether to support the board’s support for Netflix or tender their shares to Paramount’s hostile bid at a future shareholder meeting.

Warner Bros. is the target of competing takeover offers from Netflix and Paramount.

However, Warner Bros. has been the target of Paramount, which is supported by its billionaire father, Larry Ellison, headed by technology entrepreneur David Ellison, for even longer, going straight to shareholders with its all-cash offer of $30 per share, which has an enterprise value of $108 billion for the entire company, including the cable network assets.

Warner Bros.’ terms were sweetened by Paramount on Tuesday by consenting to pay the $2.8 billion termination fee that Warner would be required to pay Netflix if the agreement fails.

Additionally, Paramount included a “ticking fee” of 25 cents per share that would be paid to Warner Bros. to demonstrate its confidence that the government would approve its offer quickly. investors for every quarter that its deal hasn’t closed since December. 30. Warner Bros. will also be supported by it. pay $1.05 billion in fees related to debt refinance, if required.