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Can the Rest of the Mag 7 Reach the Google-Level Greatness Shown Last Quarter?
24/7 Wall St.95d agoneutral
Can the Rest of the Mag 7 Reach the Google-Level Greatness Shown Last Quarter?

Alphabet (NASDAQ:GOOGL) just rewrote what a Mag 7 quarter is supposed to look like. EPS of $5.11 against a $2.63 estimate, a 94% surprise, paired with revenue of $109.90B (+22% YoY) and Google Cloud growth of 63%. The stock has rallied 30% in the past month, validating the report. That is the bar. Below, we count ... Can the Rest of the Mag 7 Reach the Google-Level Greatness Shown Last Quarter?

iPhone 17 Rules, Becomes World's Best-Selling Smartphone
Benzinga95d agobearish
iPhone 17 Rules, Becomes World's Best-Selling Smartphone

Counterpoint Research highlighted shifting smartphone industry dynamics in the first quarter of 2026, with premium devices gaining share, top models concentrating demand, and Original Equipment Manufacturers (OEMs) adjusting strategies amid cost pressures. Apple Leads As Premium Demand Strengthens Apple Inc.’s iPhone 17 emerged as the world’s best-selling smartphone in the first quarter of 2026, capturing a 6% share of global unit sales, Counterpoint noted on Monday. The iPhone 17 Pro Max and iP

Some iPhone owners could get up to $95 payment after Apple agrees to settle case for $250 million
Associated Press95d agoneutral
Some iPhone owners could get up to $95 payment after Apple agrees to settle case for $250 million

Owners of some iPhones are in line to get cash payments of up to $95 from Apple after the company on Tuesday reached a $250 million settlement in a class-action lawsuit for false advertising of its artificial intelligence capabilities. The company has been scrambling to keep up with tech rivals amid the AI boom but still hasn't delivered on the Siri revamp two years later. The lawsuit, filed on behalf of U.S. consumers in the San Francisco federal court for the Northern District of California, alleged that Apple deceived consumers with a marketing campaign that promoted features that did not yet exist and misled them into buying the devices.

Samsung Hits $1 Trillion Valuation, Joining TSMC in Elite Club
Bloomberg96d agoneutral
Samsung Hits $1 Trillion Valuation, Joining TSMC in Elite Club

(Bloomberg) -- Samsung Electronics Co.’s market valuation topped $1 trillion after shares in the world’s largest memory maker more than quadrupled over the past year on booming demand for the chips used in artificial intelligence.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysAnthropic Unveils AI Agents to Field Financial Services TasksUS Says Offensive Phase of Iran War Over as Ship Hit in StraitTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite H

Apple Talks Put Intel Foundry Ambitions And Investor Hopes In Focus
Simply Wall St.96d agoneutral
Apple Talks Put Intel Foundry Ambitions And Investor Hopes In Focus

Apple is in early talks with Intel about using Intel's U.S. facilities to manufacture chips. The discussions focus on Apple potentially adding Intel as a supplementary or alternative supplier to TSMC. The talks are described as preliminary, with no formal agreement announced. For investors watching NasdaqGS:INTC, these discussions come at a time when the stock is trading at $108.18, following very large 1 year returns and a 174.7% return year to date. The share price move has been...

Apple settles lawsuit over late Siri AI features for $250 million
Reuters96d agobearish
Apple settles lawsuit over late Siri AI features for $250 million

Apple on Tuesday settled for $250 million a shareholder lawsuit ‌brought after the company delayed artificial-intelligence upgrades to ‌its Siri voice assistant. The lawsuit, filed by Peter Landsheft in U.S. ​federal court in California in 2024, arose after the iPhone maker announced - and started running advertisements for - a bevy of AI upgrades at its annual software developer conference ‌in 2024, saying ⁠they would become available with new iPhones that fall. In 2025, Apple said that the AI overhaul of Siri would not come ​until this ​year, and executives have ​now confirmed that the ‌new Siri features will be unveiled at Apple's annual developer conference next month.

Chip Makers Push Nasdaq, S&P 500 to Fresh Highs
The Wall Street Journal96d agoneutral
Chip Makers Push Nasdaq, S&P 500 to Fresh Highs

The semiconductor index has risen 54% since the end of March, its best performance over a 25-day period since March 2000. Chip makers are racing to meet surging demand for the specialized devices that are pivotal to powering artificial intelligence. Tuesday’s rally powered Intel to a 13% gain and a market capitalization of about $544 billion, surpassing Oracle and Johnson & Johnson Shares of Sandisk Micron and Qualcomm all added more than 10%, lifting the tech-heavy Nasdaq composite up 1%.

Skyworks Solutions forecasts higher revenue on strong chip demand
Reuters96d agoneutral
Skyworks Solutions forecasts higher revenue on strong chip demand

Skyworks Solutions forecast quarterly revenue above estimates on Tuesday, betting on strong ‌demand for its radio-frequency chips used in premium ‌smartphones. Shares of the Irvine, California-based company rose more than 1% ​in extended trading. Skyworks, which sells analog and mixed-signal wireless communication chips to customers across the automotive, industrial and consumer electronics sectors, is a key supplier of ‌radio-frequency components for ⁠Apple's 5G iPhones.

Intel Has Moved From Laggard to Leader. Where the Chart Is Heading.
Barrons.com96d agoneutral
Intel Has Moved From Laggard to Leader. Where the Chart Is Heading.

Shares of Intel Corporation were showing notable strength Tuesday, extending a powerful rebound driven by renewed optimism around its AI and foundry turnaround story. The stock is surging again on fresh headlines that Apple held early discussions with Intel for potential chip manufacturing partnerships, adding fuel to already strong momentum. With sentiment shifting quickly, the stock is increasingly behaving like a high-beta leadership name.

Apple CEO has stark message for Micron stock investors
TheStreet96d agoneutral
Apple CEO has stark message for Micron stock investors

It’s unusual for Apple (AAPL) to signal anything about its suppliers, but Tim Cook broke from that pattern, a move that has clear implications for Micron Technology (MU) investors. For perspective, Micron has ridden a tidal wave of AI memory demand over the past several quarters, a trend ...