News

Apple was Buffett's largest and most successful investment ever. This stock could be Abel's.

Artificial Intelligence Drives Better-Than-Expected SalesFoxconn, officially known as Hon Hai Precision Industry (USOTC:FXCOF), reported a sharp increase in second-quarter revenue as strong demand for artificial intelligence infrastructure continued to fuel growth, although the company warned that geopolitical uncertainty remains a key risk. The world’s largest contract electronics manufacturer generated revenue of T$2.

(Bloomberg) -- SK Hynix Inc. kicked off its formal marketing process for its US listing on Monday, as the South Korean chipmaker looks to capitalize on surging investor demand for the high-flying memory-chip sector.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, T

Stocks were gaining in premarket Monday with technology stocks prominent among the gainers. Semiconductor companies were particularly prominent as the artificial-intelligence trade took off again. Western Digital was up 4.5%, Sandisk was up 3.9%, and Micron Technology rose 2.3% as memory-and-storage companies regained their momentum after a drop last week.

July 6 (Reuters) - Wall Street futures rose on Monday as chip stocks stabilized after recent weakness, while a fall in oil prices helped extend a rally that lifted the main U.S. indexes the previous

Tim Cook's massive investment has had a decisive impact on Apple's bottom line.

Apple would announce the foldable iPhone in September but might not ship it until the fourth quarter, Ming-Chi Kuo said.

These stocks have led the performance of the S&P 500 in recent years.

Companies In The News Are: NFLX, GOOGL, AVAV, AAPL.

The Taiwanese company said it is monitoring “the impact of the volatile global political and economic situation,” without elaborating.

(Bloomberg) -- A wild ride for global chip stocks in recent weeks has left investors looking for fresh validation of the artificial intelligence trade. Samsung Electronics Co. may provide just that on Tuesday.Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests After US SanctionWhy the Great Am

As AI drives explosive demand for computing, electricity has emerged as the world’s most critical and scarce strategic resource.

Gains were concentrated in tech stocks after the Dow closed shy of 53,000.

Micron Technology Inc. (NASDAQ:MU) is one of the top AI Stocks to buy according to billionaire Philippe Laffont. On June 29, Micron Technology Inc. (NASDAQ:MU) was hit with a class action lawsuit over claims that it is restricting DRAM supply to inflate prices. The private class-action lawsuit in the US also names Samsung and SK […]

The Nasdaq and many AI stocks like Sandisk are at key levels. Also watch Apple, SpaceX and Robinhood.

Two pieces of newsflow positively impacted the stock in June, and there could be more to come.

A little bit of everything for investors this holiday weekend!

July sets up as a rare buying window for forever holders. Two of the three mega-caps below are trading well off their 52-week highs, and the third just reported its best March quarter in company history. The thesis here is durability: cloud and AI scale at Microsoft, the global payments toll-booth at Visa, and Apple’s ... 3 No-Brainer Stocks to Buy in July and Hold Forever

The largest-cap stocks may have limited upside.

(Bloomberg) -- Nvidia Corp.’s server assembly partner Hon Hai Precision Industry Co. reported a stronger-than-expected increase in quarterly sales, a sign of sustained AI demand.Most Read from BloombergWhy the Great American State Fair Looks So EmptyOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests After US SanctionTankers U-Turn in Hormuz, With Some Taking Iran Route InsteadExxon to Change Name for First Time in Decades After RedomicileRe

Taiwan's Foxconn, the world's largest contract electronics maker, reported a 39.8% year-on-year ‌rise in second-quarter revenue that beat market forecasts ‌on strong demand for AI products, though it cautioned about "volatile" global politics. Revenue ​for Nvidia's biggest server maker and Apple's top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June quarter, Foxconn said in a statement on Sunday. Strong ⁠AI demand led to robust revenue growth for its cloud and networking products division, while smart consumer electronics, which ​includes iPhones, ​posted "significant" growth, the company said.

Can a busy year for Apple product releases move the needle for a company of this size?

The Omaha-based conglomerate now has sizable exposure to artificial intelligence.

Apple (NasdaqGS:AAPL) is planning a major expansion of its iPhone lineup between H2 2026 and H1 2027, including at least five new models. The company is preparing its first foldable iPhone and is targeting production of around 10 million units. Apple also plans to introduce a premium iPhone Ultra model at the top of the range. To address memory chip supply constraints, Apple is diversifying to Chinese suppliers that are on a Pentagon blacklist, despite political and reputational risks. For...

This under-the-radar company doesn't get the recognition that semiconductor specialists receive -- but it certainly should.

The iShares Core Dividend Growth ETF (NYSEARCA:DGRO) and the Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) look like siblings on any fund screener: both hunt large-cap U.S. companies with a history of raising dividends, both charge single-digit basis points, and both distribute quarterly. The real divergence sits in the fine print of their index rules, and that ... DGRO vs. VIG: Which Dividend-Growth ETF Compounds Your Income Faster?

Apple (AAPL) is reportedly prepping for a 2027 hardware push that will go beyond the usual chip refresh. The Cupertino giant is testing new iPad Pro models and working on a redesigned MacBook Pro, a Bloomberg report cited by Seeking Alpha noted, setting up what could become one of its more ...

TSMC builds key components of the AI revolution, and that unique position could make it the next company to join the exclusive $3 trillion market-cap club.

A retired Knox County Sheriff's Office (KCSO) Assistant Chief Deputy was ordered to repay $339,015 to the Knox County Retirement System within 60 days.

Apple Inc. (NASDAQ:AAPL) is one of the Best AI and Technology Stocks to Buy Now. On June 25, Evercore ISI maintained an “Outperform” rating on the company’s stock with a price objective of $365. This comes after the company announced price increases throughout select Mac, iPad, and home devices. Apple Inc. (NASDAQ:AAPL) increased the prices across the […]