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Analysis-Apple-Intel chip deal makes strategic sense but production is years away
Reuters44d agoneutral
Analysis-Apple-Intel chip deal makes strategic sense but production is years away

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.

How Does Microsoft Turn Cloud Dominance Into $223B For Shareholders?
Trefis44d agoneutral
How Does Microsoft Turn Cloud Dominance Into $223B For Shareholders?

In the last five years, Microsoft (MSFT) stock has returned a massive $223 Bil back to its shareholders through cold, hard cash via dividends and buybacks. This impressive capacity to return capital is rooted in Microsoft’s evolution into a high-margin powerhouse, driven primarily by its dominance in cloud computing and enterprise software. The company’s ability to generate such significant "payout power" is fueled by the robust, recurring revenue streams from its Intelligent Cloud segment, spec

Reuters44d agoneutral
Apple supplier Lingyi iTech prices $1.06 billion Hong Kong IPO to tap AI demand

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.

Ross Gerber Says SpaceX Could Build A 'Great AI Phone’ Through Starlink To Challenge Apple, Gets Told Google's Pixel Already Does What He Wants
Benzinga44d agoneutral
Ross Gerber Says SpaceX Could Build A 'Great AI Phone’ Through Starlink To Challenge Apple, Gets Told Google's Pixel Already Does What He Wants

Over the weekend, investor Ross Gerber suggested that Space Exploration Technologies Corp. CEO Elon Musk’s Starlink could one day launch a device capable of challenging Apple Inc.’s iPhone dominance. Ross Gerber Envisions A ‘Real AI Phone’ Built Around Starlink Gerber, CEO of Gerber Kawasaki, wrote on X that Starlink has an opportunity to create a “truly great AI phone” featuring satellite connectivity, exceptional battery life and an AI-first operating system. “Tell the phone what you want it t

BofA Says Apple’s (AAPL) New Siri Strategy Could Strengthen its AI Position
Insider Monkey44d agoneutral
BofA Says Apple’s (AAPL) New Siri Strategy Could Strengthen its AI Position

Apple Inc. (NASDAQ:AAPL) is included among Billionaire Mario Gabelli’s Top 12 Dividend Stocks. On June 22, BofA maintained its Buy rating on Apple Inc. (NASDAQ:AAPL). It also reiterated a $380 price target on the shares. The firm believes Apple’s WWDC announcement marks “a material positive reset of its AI strategy,” a development it says is being […]

You’re Probably Paying Twice for NVIDIA, Apple, and Microsoft Without Realizing It
24/7 Wall St.45d agoneutral
You’re Probably Paying Twice for NVIDIA, Apple, and Microsoft Without Realizing It

The Technology Select Sector SPDR Fund (NYSEARCA:XLK) charges a sticker fee so small it looks like a rounding error. The real bill shows up in how much of your money is riding on three stocks you probably already own through your S&P 500 fund. What You’re Actually Paying XLK’s expense ratio sits at 0.08%, or ... You’re Probably Paying Twice for NVIDIA, Apple, and Microsoft Without Realizing It

Alphabet, Google's Parent, Is Joining the Dow
The Wall Street Journal45d agoneutral
Alphabet, Google's Parent, Is Joining the Dow

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.

The lessons that wearable tech companies can learn from FitBit
Yahoo Finance Video45d agoneutralVIDEO
The lessons that wearable tech companies can learn from FitBit

Health Tech Advisory and Industry Analyst Stephanie Davis comes on Market Domination to assess the state of the wearable technology industry, commenting on the lessons that the companies in this space can learn from FitBit's past. FitBit was acquired by Alphabet (GOOG, GOOGL) in 2021.