High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Apple just hit an all-time high, and the same forces that once looked like threats to its business may now be the very things that push it past Nvidia to become the world's most valuable company.
Apple Inc (NASDAQ:AAPL, XETRA:APC) has filed a lawsuit in the US District Court for the Northern District of California accusing OpenAI (Unlisted:OPAI), its hardware subsidiary io Products, and two former Apple employees of misappropriating trade secrets related to the development of OpenAI's...
Citi Research raises its price target on Apple shares, asserting the iPhone maker will continue to snap up market share.
Apple just accused OpenAI of running a coordinated theft operation targeting its most sensitive hardware secrets, and the lawsuit landed at the worst possible moment for a company quietly preparing the most anticipated AI IPO in history.
The rivalry now spans lawsuits, AI models and competing business plans.
The lawsuit adds fresh pressure to the companies' AI partnership and hardware ambitions.
Investing.com -- Citi has increased its price target on Apple (NASDAQ: AAPL) to $365 and maintained its Buy rating on the stock in a note on Monday, citing the company's ability to gain market share in a challenging devices environment and its capacity to implement selective price increases to protect margins.
John Ternus is stepping into the Apple CEO role at a moment that could define the company's next decade, but whether his product instincts and a bold on-device AI strategy are enough to outrun the broader market is far from a settled question.
Global smartphone shipments fell 11% in the second quarter to their lowest level for the period since 2013, as a prolonged memory chip shortage drove up handset prices and dampened demand, according to early estimates from Counterpoint Research. Apple bucked the trend with a 3% rise in shipments, taking its global market share to a record 20% in the quarter on resilient demand for its premium iPhone lineup and keeping prices unchanged. However, analysts expect price increases in the coming months.
Public dispute escalates as Apple sues OpenAI and Musk renews criticism while defending SpaceX's AI infrastructure plans.
Apple's 15% rebound reflects investor preference for stronger cash flow over AI infrastructure spending.
(Bloomberg) -- Walt Disney Co. shares have been in a slump for years, but Wells Fargo Securities said there’s one possible move that could reverse the trend: ditching its streaming-video business.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as Bot
Broadcom and NVIDIA both crushed their latest earnings, but the gap between them is widening in ways the headline numbers hide. One company carries a timing advantage, a marquee customer anchor, and an AI growth rate that puts its rival on defense through year-end.
(Bloomberg) -- Intel Corp. is spending €5 billion ($5.7 billion) to expand its plant in Ireland, as the chipmaker attempts to regain its manufacturing dominance for the AI boom.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as Both Sides Dispute Hor
Citi expects Apple to report higher margins for the third quarter due to recent price hikes across its product portfolio.
Citi Research raises its price target on Apple shares, asserting the iPhone maker will continue to snap up market share.
AI Boom Drives Record Quarterly SalesTSMC (NYSE:TSM) reported record second-quarter revenue on Monday as robust demand for artificial intelligence chips continued to fuel growth for the world’s largest contract semiconductor manufacturer. Revenue for the April-to-June period climbed 36% year-on-year to T$1.
<body><p>STORY: TSMC reported record high second-quarter revenue on Monday. </p><p>The world’s largest contract chipmaker posted that Q2 revenue rose 36% from a year earlier on surging interest in AI applications. </p><p>Reuters calculated TSMC’s earnings came in at just over $39.6 billion - slightly above forecasts. </p><p>TSMC is a major supplier to companies including Nvidia and Apple. </p><p>For June alone, TSMC reported revenue rose almost 68% year-on-year to $13.8 billion - up 6% from the previous month.</p><p>TSMC, which is Asia's most valuable publicly listed company, didn't provide any details or forward guidance in its brief revenue statement.</p><p>It is scheduled to due to report second-quarter earnings on Thursday.</p><p>It's also due to update its outlook and plans for the current quarter and the rest of the year.</p><p>The company's shares have risen 57% so far this year, in line with the broader market.</p></body>
(Bloomberg) -- Investors are flocking back to Apple Inc. as nervousness about artificial intelligence spending weighs on the stocks of chipmakers and cloud-computing giants. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as Both Sides Dispute Hormuz
Plus, an onslaught of artificial-intelligence bonds tests investors’ limits, and Apple CEO Tim Cook goes to battle against OpenAI.
The company that builds the world's most advanced chips is about to tell investors how hot AI demand really is.
The latest performance underscores steady demand for advanced chips.
Taiwan, Nvidia and Apple have been highlighted in this Investment Ideas article.
TSMC, the world's largest contract chipmaker, reported on Monday second-quarter revenue of 1.27 trillion Taiwan dollars ($39.63 billion), beating market expectations and rising 36% from a year earlier on surging interest in artificial intelligence applications. An LSEG SmartEstimate, drawn from 20 analysts, had expected revenue in the April-to-June quarter of 1.264 trillion Taiwan dollars. Taiwan Semiconductor Manufacturing Co (TSMC) is a major supplier to companies including Nvidia and Apple.
On an early July episode of Mad Money, Jim Cramer walked through the Magnificent Seven one stock at a time and pushed back on treating them as a single basket. Cramer’s charitable trust owns six of the seven, save Tesla, and the point was that each name has its own thesis, growth curve, and risks. ... Jim Cramer Says Comparing the Mag 7 Is a Mistake: Here Are 5 Reasons Each Stock Is Different
The lawsuit, which accuses OpenAI of stealing Apple’s hardware and trade secrets, marks a dramatic turn for two companies that were close partners.
Tech companies advanced AI, chips, cloud, space, and autonomous technologies while navigating legal battles, investments and restructuring efforts.
Apple (NasdaqGS:AAPL) has filed a federal lawsuit against OpenAI alleging theft of trade secrets tied to its AI hardware work. The complaint centers on claims that former Apple employees took confidential materials and shared them with OpenAI. The filing escalates a public feud involving senior tech leaders and highlights rising rivalry across AI hardware and software. Apple enters this legal fight while its stock trades at $315.32, with the company up 16.4% year to date and 49.9% over the...
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.
