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(Bloomberg) -- At the Hirslanden clinic overlooking Switzerland’s picturesque Lake Lucerne, prostate cancer patient Jörg Pegelow lies on a reclining chair as a doctor wearing two sets of gloves — one made with lead — injects a saline solution laced with a radioactive drug into a vein in his arm.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced

Qualcomm is expected to use its investor day on Wednesday to lay out a push beyond its core smartphone business into ‌the fast-growing, but highly competitive, market for AI data center chips. Analysts ‌expect the San Diego-based company to name new customers for its AI chips as it tries to ​gain a foothold in a market dominated by Nvidia. The shift reflects mounting pressure in the smartphone market, where Qualcomm is one of the world’s largest chip suppliers to Android device makers.

The life sciences giant is transforming its diagnostics segment with its acquisition of Masimo Corporation, shifting from traditional laboratory testing into patient-connected, real-time data streams.

Alphabet's inclusion in the Dow gives the 130-year-old blue-chip index a dose of the same mega-cap tech trade already dominating the Nasdaq 100.

Yahoo Finance Markets and Data Editor Jared Blikre and Mahoney Asset Management CEO Ken Mahoney discuss the potentially problematic spending of AI hyperscalers.

Apple turning to Intel for chips, as Washington announced last week, has the neat logic of necessity meeting ambition. A deal - which neither ‌company has formally announced - would pair Intel's effort to rebuild its credibility as a contract chipmaker with Apple's search for more manufacturing capacity, as its supplier TSMC struggles to meet surging AI chip ​demand from the likes of Nvidia. Supply constraints at the contract manufacturer have held back iPhone sales, Apple CEO Tim Cook said in April.

China's Lingyi iTech priced its Hong Kong initial public offering at HK$10.18 per share, setting the stage to raise about ‌HK$8.3 billion ($1.06 billion), part of which it plans to use for ‌expanding its AI capacity. The Apple supplier seeks to capitalise on rising demand linked to AI computing and ​advanced hardware. It wrote in its prospectus that about 37.6% of the IPO proceeds, or roughly HK$3.07 billion, would be marked for enhancing production capacity and upgrading core manufacturing processes.

Consumer group Which? permitted to lead class action on behalf of UK users over alleged anti-competitive iCloud practices.

Google parent Alphabet will be added to the Dow Jones Industrial Average beginning Monday, the index’s operator, S&P Global, said Tuesday. The company represents the fifth of the so-called Magnificent Seven growth stocks to enter the price-weighted index, which has historically been less vulnerable to tech swings than the Nasdaq Composite Index or the S&P 500. “Adding Alphabet will broaden and strengthen the DJIA’s exposure to these dynamic areas of the U.S. economy,” S&P said in a written statement.

LONDON, June 23 (Reuters) - Britain's competition tribunal has approved a £3 billion ($4 billion) lawsuit against Apple over its iCloud storage service, consumer group Which?

LONDON, June 23 () - Britain's competition tribunal has approved a £3 billion ($4 billion) lawsuit against Apple over its iCloud storage service, ‌consumer group Which. said on Tuesday, clearing the way for tens ‌of millions of consumers to join a collective action.

Investing.com -- Piper Sandler upgraded semiconductor design software maker Synopsys to Overweight from Neutral and raised its price target to $550 from $450, citing improving prospects for the company's intellectual property (IP) business as Intel's foundry ambitions gain traction.

Britain's competition tribunal has approved a £3 billion ($4 billion) lawsuit against Apple over its iCloud storage service, ‌consumer group Which? The Competition Appeal Tribunal granted earlier ​in June a collective proceedings order allowing Which?

(Bloomberg) -- It’s been a challenging year for Tesla Inc. shareholders, losing almost 10% while watching Elon Musk’s SpaceX complete the biggest initial public offering ever and immediately become the most valuable entity in the newly minted trillionaire’s collection. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as

LONDON, June 23 (Reuters Breakingviews) - Follow on Apple or Spotify. The SpaceX ​boss became the first trillionaire by defying business wisdom, upending financial standards and embracing far-right politics.

Tata Electronics said on Monday it had detected a recent "cybersecurity incident", after researchers said World Leaks posted purported component design and specification papers of Apple and Tesla, both customers of the Indian group. Apple was investigating the breach ​and a "full analysis was going on", a source familiar with the matter said, adding that Tata had received a ransom demand related to the incident. Apple did not respond to requests for comment.

Alphabet’s stock more than doubled on a simple, spectacular, and staggering premise: it built an AI engine so powerful it can’t keep it fed.

Memory giant Micron (MU) will report its third quarter earnings after the bell on Wednesday, providing another update on the broader AI build-out.

Memory giant Micron (MU) will report its third quarter earnings after the bell on Wednesday, providing another update on the broader AI build-out.

Micron Technology (NASDAQ:MU) stock is up about 6% in Monday morning trading to around $1,199, leading a broad memory and storage rally into the company’s Wednesday earnings report. Western Digital (NASDAQ:WDC) stock is also up by about 6% to around $788, while SanDisk (NASDAQ:SNDK) stock is up 5% to around $2,294. The group is resisting ... Micron and Western Digital Rise 6%, SanDisk Gains 5% as Memory Stocks Rally Into Micron’s Earnings

US futures were pointing higher at the start of the week as investors return from the Juneteenth holiday weekend, with technology stocks expected to lead gains despite lingering uncertainty over the Middle East and the prospect of further Federal Reserve tightening. Dow Jones futures were up...

Pre-Market Stock Futures: Futures are trading mixed as we prepare to finish the last full week of the second quarter. We finished a wild holiday-shortened trading week last Thursday, as Friday was the federal Juneteenth holiday, and all major indices rebounded smartly from the Federal Reserve-induced sell-off on Wednesday. Details of the signed memorandum of ... Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Laud

(Bloomberg) -- Steve Geoffrey, one of roughly 30 million foreign nationals in the Middle East, considers himself lucky to still be able to support his family in Kenya.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedTrump’s Fears About Economy Undercut US Leverage in Iran TalksThe 38-

Apple (AAPL) customers may soon see the impact of artificial intelligence in an unwelcome place: the retail checkout screen. Apple has always relied on its vast supply chain to shield its premium-device industry from abrupt shocks. That’s helped the corporation keep its hardware engine chugging ...

Now that SpaceX is officially public, it may benefit companies like Alphabet in the long term.

As companies move quickly to adapt artificial intelligence, there are some areas where it may do more harm than good.

Plus, the hacker sent to calm the U.S. government’s nerves about AI, the surprising benefits of 3-D-printed batteries, Elon’s $86 billion war chest and more.

Investing.com -- India is seeking lower tariff rates than competing nations before moving ahead with a long-awaited trade agreement with the United States, Bloomberg reported, citing comments from Commerce and Industry Minister Piyush Goyal.

It was a sad day when my classic Apple iPod stopped working and I had to move my music to my iPhone, which wasn't quite up to the task. Apple eventually stops providing hardware service, software updates, and security patches for older devices, which can limit functionality over time. With iPods, ...

Markets closed a shortened week higher as lower oil prices and a rally in chip stocks outweighed concerns about future Fed policy.