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Why I Can’t Stop Buying This $3 Trillion Tech Titan Even as a “Rate Shock” Threatens to Tank Wall Street
24/7 Wall St.50d agobullish
Why I Can’t Stop Buying This $3 Trillion Tech Titan Even as a “Rate Shock” Threatens to Tank Wall Street

I keep hitting the buy button on Apple (NASDAQ:AAPL), and the June panic over Fed Chair Kevin Warsh has only made my finger faster. Momentum traders are dumping high-flying tech indiscriminately, terrified Warsh will hold or hike to stamp out sticky inflation, and Apple has been dragged back under the $300 threshold at $299.24. I ... Why I Can’t Stop Buying This $3 Trillion Tech Titan Even as a “Rate Shock” Threatens to Tank Wall Street

Apple allows alternative app stores, payments in Brazil after deal with regulator
Reuters50d agoneutral
Apple allows alternative app stores, payments in Brazil after deal with regulator

Apple said on Thursday it will allow developers in Brazil ‌to distribute iOS apps through alternative marketplaces ‌and process payments outside its system, following an agreement with ​the country's antitrust watchdog CADE. • Apple agreed to make the changes to its services in December when it settled a dispute that had been opened ‌in 2022. • For ⁠apps distributed via the App Store in Brazil, developers will be able to ⁠offer alternative payment methods within their apps and direct users to external websites to complete transactions, ​the company ​said.

Investing.com50d agobullish
SanDisk and Micron surge as Apple confirms memory price pass-through

SanDisk is trading at $2,144.40, up +9.48% intraday and within reach of its 52-week high of $2,167.33, while Micron Technology is at $1,111.91, up +6.59% and just below its own 52-week peak of $1,116.25. Both stocks have been on extraordinary runs over the past year — SanDisk has gained more than 4,400% in the past 52 weeks as NAND pricing entered a structural shortage cycle, and Micron has added roughly 810% — but Thursday's session marks a fresh catalyst: explicit confirmation from Apple that

Gas prices fall but chip demand is causing a new headache
Yahoo Finance Video50d agobearishVIDEO
Gas prices fall but chip demand is causing a new headache

Consumers may finally be getting some relief at the pump, with gas prices falling to their lowest levels since March following the Iran peace deal. But any savings could be offset elsewhere, as the AI-driven chip shortage pushes up the price of Apple (AAPL) iPhones. Hennion & Walsh CIO Kevin Mahn and Yahoo Finance Senior Business Reporter Ines Ferre join Julie Hyman to discuss the latest pressures on consumers and how the Fed is navigating the shifting inflation landscape.

How AI-Driven Chip Cost Inflation and Price Hikes Will Impact Apple (AAPL) Investors
Simply Wall St.50d agoneutral
How AI-Driven Chip Cost Inflation and Price Hikes Will Impact Apple (AAPL) Investors

In recent days, Apple has warned that it will raise prices across products like iPhones, Macs, and iPads as soaring memory and storage chip costs, driven by AI-related demand and supply tightness, make current pricing unsustainable. This shift signals that AI infrastructure inflation is now feeding directly into consumer hardware, forcing even a cash-rich company like Apple to pass higher component costs on to customers rather than fully absorbing them. We’ll now examine how these...