(Reuters) -Apple violated a U.S. court order that required the iPhone maker to allow greater competition for app downloads and payment methods in its lucrative App Store and will be referred to federal prosecutors, a federal judge in California ruled on Wednesday. U.S. District Judge Yvonne Gonzalez Rogers in Oakland said in an 80-page ruling that Apple failed to comply with her prior injunction order, which was imposed in an antitrust lawsuit brought by “Fortnite” maker Epic Games. "Apple’s continued attempts to interfere with competition will not be tolerated," Gonzalez Rogers said.

Software giant Microsoft late Wednesday crushed Wall Street's targets for its fiscal third quarter. Microsoft stock surged on the news.

Meta Platforms (META) and Microsoft (MSFT) both reported better-than-expected quarterly results. Yahoo Finance Technology Editor Dan Howley breaks down the key takeaways from both earnings reports. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Editor's note: This headline and copy were updated to better reflect that Microsoft reported Q3 results.

Rebecca Wettemann, CEO and principal analyst at Valoir, discusses what Microsoft investors will be looking for in the company's latest earnings release. Wettemann joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology."

After cheering his election win last year, markets have had a cooler reaction to President Trump's first 100 days in office. Unless you're a gold bug.

The US risks being thrown into recession by Donald Trump’s trade war as official figures showed the economy shrank during the first three months of the year.

The reports appeared to boost demand for shares in AI chip leader Nvidia Corp, which rose 2.8% in late trading, and chip rival Advanced Micro Devices, which rose 2%. Shares in Amazon.com, which competes with Microsoft in cloud-computing and is due to report results on May 1, were up 3% with strong after-the-bell volume. Shares in Microsoft soared more than 6% in late trading after it topped quarterly revenue expectations on strong Azure cloud-computing growth, reassuring investors its hefty AI investments were paying off.

Super Micro issues a fiscal third-quarter forecast well below previously issued guidance, Nvidia and Tesla shares decline, and Starbucks sinks after earnings miss Wall Street estimates.

At least three Wall Street analysts have cut their price targets on Apple stock ahead of the iPhone maker's March-quarter report, due late Thursday.

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Microsoft stock was rising after the tech giant reported better-than-expected third-quarter financials. Microsoft reported third-quarter adjusted earnings of $3.46 a share on revenue of $70.1 billion. Overall cloud revenue in the quarter rose 20% year-over-year to $42.4 billion, but the company’s closely watched Azure public-cloud business saw 33% growth, a pickup from last quarter’s 31% growth.

Apple earnings are coming, and Wall Street is looking for where the company stands amid tariff, economic, and artificial intelligence uncertainty. Analysts surveyed by FactSet expect Apple to post adjusted earnings of $1.62 a share on revenue of $94.4 billion. “Investors will likely be focused on Apple’s messaging on the impact from tariffs and we expect the Jun-qtr guide to be the main incremental data point around how Apple is thinking about tariffs,” Evercore ISI analyst Amit Daryanani wrote in a note on Monday.

After outpacing fiscal third quarter revenue estimates, Microsoft (MSFT) shares rise in Wednesday's after-hours trading as it also boasts cloud revenue growth. Jefferies senior analyst Brent Thill joins the Market Domination Overtime team to speak more on Microsoft's earnings figures and the company's draw in keeping investors engaged even during a downturn. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

Microsoft posted strong growth in revenue and earnings for its fiscal third quarter, with the company’s closely watched cloud business solidly beating Wall Street’s forecasts. The software giant said Wednesday that total revenue jumped 13% from a year earlier to just over $70 billion. Microsoft’s shares rose more than 6% in after-hours trading following the results.

President Donald Trump has been celebrating 100 days in office. So how have the markets performed? The S&P 500 (^GSPC) posted a 7% decline over the first 100 days. Bitcoin (BTC-USD) and oil (CL=F) have slipped, too. But one asset that has risen? Gold (GOLD) as investors sought safety during the recent market volatility. Piper Sandler chief investment strategist Michael Kantrowitz says that the issue is that markets are still adjusting to the high tariffs imposed by the president.  Market Domination Overtime Anchor Julie Hyman takes a closer look at the market returns under the first 100 days of Trump 2.0. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

Microsoft reported fiscal third-quarter revenue and profits that surpassed analysts’ expectations, sending shares higher in extended trading Wednesday.

Microsoft (MSFT) blew past Wall Street expectations in its fiscal third quarter, racking up $70.1 billion in revenue, up 13%, and $25.8 billion in net income, up 18%, fueled by relentless demand for cloud and AI.

Microsoft's cloud computing and artificial intelligence business helped deliver $70.1 billion in sales and boosted profits by 18% for the January-March quarter, a dose of relief for investors during a turbulent time for the tech sector and U.S. economy. The Redmond, Washington-based software maker posted revenue of $70.1 billion in the period, its third fiscal quarter, up 13% from the same period a year ago and also beating Wall Street expectations. Analysts polled by FactSet expected Microsoft to post revenue of $68.44 billion for the quarter.

Tech giant Microsoft (NASDAQ:MSFT) announced better-than-expected revenue in Q1 CY2025, with sales up 13.3% year on year to $70.07 billion. Its GAAP profit of $3.46 per share was 7.6% above analysts’ consensus estimates.

Microsoft (MSFT) stock gains in Wednesday's extended trading hours after the tech giant posted fiscal third quarter revenue of $70.07 billion (vs. estimates of $68.48 billion) and adjusted earnings per share of $3.46. Julie Hyman and Josh Lipton dive into the quarterly release, highlighting Microsoft's growth in its Azure cloud and AI segments. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

Appearing on CNBC yesterday, veteran investor Joe Terranova, the senior managing director and chief market strategist of Virtus Investment, said that he was “concerned” about Apple’s (AAPL) outlook due to its lack of revenue growth. During the same show, Bryn Talkington, the Managing Partner of Requisite Capital Management, called Amazon (AMZN), Alphabet (GOOG), Meta (META), […]