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How Microsoft Stock Rises 50% To $550?
Trefis37d agoneutral
How Microsoft Stock Rises 50% To $550?

A new business inside Microsoft (MSFT) has quietly reached a massive scale. The company's AI segment has surpassed a $37 billion annual run rate, growing at an astonishing 123%. This new engine is already a significant portion of the Microsoft Cloud, which itself exceeded $54 billion in quarterly revenue. This is not a future promise; it is a present-day reality.

Apple Inc. (AAPL) Is A Top Warren Buffett Stock Pick
Insider Monkey37d agoneutral
Apple Inc. (AAPL) Is A Top Warren Buffett Stock Pick

Apple Inc. (NASDAQ:AAPL) is one of the 10 Best Long-Term Stocks to Buy Now According to Warren Buffett. Apple Inc. (NASDAQ:AAPL) is widely known for being Berkshire Hathaway’s first technology investment. The firm first disclosed a stake in the company in the first quarter of 2016. The stake came courtesy of 39 million shares that […]

US Supreme Court to hear Apple appeal of contempt in Epic Games lawsuit
Reuters37d agobearish
US Supreme Court to hear Apple appeal of contempt in Epic Games lawsuit

The U.S. Supreme Court agreed on Tuesday to hear Apple's bid to escape being found in contempt in its legal fight with "Fortnite" maker ‌Epic Games after the iPhone maker was deemed in violation of a judicial order mandating sweeping ‌changes to its lucrative App Store in the antitrust litigation. The justices took up Apple's appeal of a lower court's ruling upholding ​a decision by Oakland, California-based U.S. District Judge Yvonne Gonzalez Rogers finding Apple in contempt in Epic's 2020 lawsuit contesting App Store fees. The Supreme Court is expected to hear the case in its next term, which begins in October.

Tech Weekly: Tesla's FSD tech up for debate, Shell unveils concept car
Reuters Videos37d agoneutralVIDEO
Tech Weekly: Tesla's FSD tech up for debate, Shell unveils concept car

<body><p>STORY: From Tesla's self-driving challenges in Europe... to South Korea's chip and AI mega-projects...</p><p>This is Tech Weekly.</p><p>:: Tech Weekly</p><p>European regulators are to meet and discuss whether to roll out Tesla's supervised Full Self-Driving system across the region.</p><p>The tech is already available in the U.S. and is expected to boost the EV maker's sales in Europe.</p><p>But it's divided the continent's regulators.</p><p>Ahead of a crucial vote — not expected before October — some countries have individually authorized&nbsp;the system.</p><p>But others have raised safety concerns, including about its ability to drive above legally posted speed limits.</p><p>:: Archive</p><p>Details and photos of Apple’s upcoming iPhone 18 Pro are among files posted on the dark web.</p><p>That’s according to a source and documents seen by Reuters.</p><p>The material is reportedly part of files posted by a ransomware group that stole data from Apple supplier Tata Electronics.</p><p>The exposure could threaten the Indian firm’s relationship with the U.S. giant.</p><p>Documents reviewed by Reuters show details of parts including the new phone’s main circuit board, batteries and cameras.</p><p>Comcast said it will split into two publicly traded companies, separating its media and entertainment brands from its broadband cable and wireless businesses.</p><p>:: Comcast</p><p>The announcement sent its shares up as much as 17% at one point.</p><p>:: Universal Orlando Resort</p><p>Comcast would spin off NBCUniversal and Sky to create a company that includes NBC, Peacock, Universal theme parks, and film and TV studios.</p><p>The other company would be comprised of Comcast's cable, wireless and business services divisions.</p><p>South Korea rolled out sweeping chip and AI mega-projects.</p><p>President Lee Jae Myung pledged investments worth more than $576 billion over several years.</p><p>:: SK Hynix&nbsp;</p><p>It’s a move that aims to cement the nation’s overwhelming industry leadership.</p><p>Lee was joined for the announcement by the leaders of Samsung Electronics and SK Hynix.</p><p>Shell unveiled a small electric concept car that it says can recharge in under 10 minutes.</p><p>It uses a special cooling fluid to help stop the battery overheating.</p><p>Shell said the car, called the Triple 10 Challenge, charged from 10% to 80% in 9 minutes and 54 seconds on a 175 kW public fast charger.</p><p>It describes the car as a road-worthy proof-of-concept vehicle.</p><p>Toby Rockstroh is energy application testing manager at Shell Technology Center.&nbsp;</p><p>"When we looked at battery electric vehicles, they're getting bigger and larger and heavier, so we set ourselves the challenge saying we can have a smaller battery electric vehicle that can charge fast and be convenient,"</p></body>

Investing.com38d agoneutral
Wolfe sees higher memory prices adding to U.S. inflation pressures

Investing.com -- Wolfe Research said surging memory chip prices driven by the artificial intelligence buildout have already added meaningfully to core inflation, with further upside likely as costs continue to filter through the consumer electronics supply chain.

Why the Dow’s Tech Revolution Is a Blessing and a Curse
Barrons.com38d agoneutral
Why the Dow’s Tech Revolution Is a Blessing and a Curse

If the Dow’s ascent to 52,000 were a World Cup match, then Alphabet involvement was akin to a soccer player being substituted on in the final moments and scoring the fourth goal in a 4-0 win. After a stellar debut, Alphabet will be an important part of the squad moving forward. Its inclusion means the Dow now contains five of the so-called Magnificent Seven—alongside Microsoft Amazon Apple and Nvidia That inevitably raises questions about whether the index is becoming too tech-heavy.