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In May 2026, telcos, OEMs, and retailers launched 1,094 smartphone promos (up 14% MoM), driven by trade-ins, bundles, and new line discounts. Service plan updates and Motorola device launches fuelled this surge.
Broadcom is erasing nearly $320 billion in market value — the third-worst for US public stocks.
Taiwan Semiconductor Manufacturing (NYSE:TSM) and Micron Technology (NASDAQ:MU) sit at two different floors of the same AI building. TSMC fabricates the logic chips that power Nvidia, AMD, and Apple. Micron supplies the HBM memory those accelerators cannot run without. Both just delivered blowout numbers, and the contrast between a foundry behemoth and a pure-play memory ... Got $10,000? TSM vs Micron: The Better Buy in 2026
(Bloomberg) -- Aliko Dangote has started work to double capacity at his huge oil refinery in Nigeria, which when finished will rival the world’s largest site and give Africa’s richest person a stronger grip of global fuel supply chains.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborBroadcom Slides by Most in More Than a Year on AI Outlook MissTru
REalloys is securing heavy rare earth supply outside China as the Pentagon's 2027 sourcing deadline approaches, locking in processing capacity, feedstock, and metallization assets across North America and Greenland
Yahoo Finance Tech Editor Dan Howley joins Julie Hyman on Market Catalysts to discuss Apple's (AAPL) App Store ecosystem, which facilitated an estimated $1.4 trillion in sales and billings in 2025.
Apple has agreed to submit local financial statements to India's competition authority as part of an ongoing antitrust probe into alleged abuse of dominance. The case comes at a time when Apple's iPhone business and production footprint in India are expanding and the company is rolling out new integration features such as native bill splitting. This development arrives ahead of an expected AI focused Siri update at WWDC, raising questions about potential regulatory penalties in a key...
Apple's App Store generated $1.4 trillion in sales, up from $1.3 trillion last year, with $149 billion in sales for digital goods.
A decade ago, Taiwan Semiconductor Manufacturing (NYSE: TSM) was respected but boring. It made chips for Apple, Qualcomm, and a long list of fabless designers, and the market valued it like a cyclical industrial. Then the node race got serious. TSMC pulled away from Samsung and Intel at 7nm, then 5nm, then 3nm, and the ... Taiwan Semiconductor Delivers 2,095% Gain Over 10 Years. Will It Continue To Outperform?
Canaccord Genuity Group (TSE:CF) reported a record fiscal 2026 revenue total and sharply higher adjusted profitability, as stronger capital markets activity and continued growth in wealth management helped offset uneven market conditions during the fourth quarter. Chairman and CEO Dan Daviau said t
Apple's App Store generated $1.4 trillion in sales and billings in 2025.
Bloomberg Businessweek aired a segment on June 2, 2026 in which a guest sketched the outer edge of what SpaceX could be worth by the end of the decade. The figure was $10 trillion. That sits at the top of a bull-case range starting at $3 trillion and stepping through $5 trillion. SpaceX is currently ... The $10 Trillion Bet: Why Insiders Think SpaceX Could Rival Apple by Decade’s End
Stock Market Today: The Dow Jones index rose Thursday ahead of jobless claims. Broadcom and CrowdStrike plunged on earnings.
Picture a 62-year-old Apple lifer cleaning out an office for the last time. The 401(k) statement shows $1.9 million, with $620,000 sitting in company stock accumulated over 25 years of ESPP purchases and employer match-in-stock. The cost basis on those shares is $140,000. The default move, rolling the entire balance to an IRA, looks clean. ... The NUA Move That Cuts a Retiring Executive’s Tax on $480,000 of Employer Stock From 32% to 15%
Rivian Automotive Inc. Chief Software Officer Wassym Bensaid said Apple Inc. CarPlay, Android Auto and physical buttons will become "completely obsolete" as deeply integrated automotive artificial intelligence changes how drivers interact with vehicles. Rivian Rejects Screen Mirroring Approach "The challenge...
Intel is teaming up with Apple supplier Foxconn to develop artificial-intelligence infrastructure—but that wasn’t enough to stop the chip manufacturer’s stock from sliding on Thursday. The selloff came after Intel and Foxconn, also known as Hon Hai Precision Industry said they would collaborate to speed up the AI buildout. “Together, we are accelerating the delivery of end-to-end platforms that unlock new capabilities and extend the impact of AI worldwide,” Intel CEO Lip-Bu Tan said.
NVIDIA Corp. used Computex to expand its push into AI PCs and data-center infrastructure, raising the competitive stakes for Intel Corp., Advanced Micro Devices Inc., Arm Holdings Plc, Qualcomm Inc., Apple Inc., and the broader semiconductor supply chain. NVIDIA Targets...
Dell Technologies surged after a strong earnings beat, fueled by booming AI demand, record orders and a growing AI server outlook.
<body><p>STORY: The world's largest contract chipmaker TSMC says it's confident in its growth over the next few years...</p><p>thanks to robust demand for computing power and advanced semiconductors as it rides a relentless AI boom.</p><p>The Taiwanese firm's CEO spoke at its annual shareholders meeting on Thursday.</p><p>C.C. Wei said customers are still positive on the outlook for AI, although the company continues to monitor the impact of rising component costs.</p><p>Asked whether TSMC could raise prices for customers, Wei said the firm would like to do that as, quote, "we still need to make money."</p><p>Taiwan plays a crucial role in the global AI supply chain for companies including Nvidia and Apple.</p><p>And its position is anchored by TSMC.</p><p>The tech giant said it was working hard to meet all customer demands...</p><p>although added that it will take a "very long time" to fully satisfy American customers' needs with production in the U.S.</p><p>Looking ahead, Wei said he views autonomous vehicles as long-term growth drivers.</p><p>But TSMC faces political risk as China steps up military pressure on democratically and separately governed Taiwan...</p><p>which Beijing views as Chinese territory.</p></body>
They both have competitive advantages you can't build overnight.
Apple is only days away from its annual Worldwide Developers Conference, and investors are focused on whether the company can finally deliver the long-awaited AI-powered Siri. The June 8 keynote event is expected to showcase the next generation of iOS, iPadOS, macOS, and watchOS features. But this ...
In the lead-up to its June 2026 Worldwide Developers Conference, Apple signaled a major overhaul of Siri using Google’s Gemini AI models and previewed native bill‑splitting tools that scan receipts, deepening integration of artificial intelligence and payments into iOS. This push to embed advanced AI assistants and financial features directly into the operating system underscores how Apple is increasingly consolidating everyday digital tasks inside its ecosystem, with meaningful competitive...
Warren Buffett spent decades telling investors he did not understand technology well enough to own it. Then he bought Apple. Then he tripled down on a search giant that has spent the past two years convincing Wall Street that AI makes it stronger, not weaker. On June 1, Berkshire Hathaway made that ...
Apple stock has been on a hot streak alongside a broader AI and tech rally, with next week's Worldwide Developers Conference potentially serving as the next catalyst.
The S&P 500 and Nasdaq Composite fell for the first time in 10 sessions on Wednesday. The S&P 500 fell 0.7%, while the Nasdaq dropped 0.9%. The Dow fell 617 points, or 1.2%. The big three indexes also snapped a streak of five sessions in which they all finished the day with closing highs.
Yahoo Finance Senior Reporter Brooke DiPalma and Senior Business Reporter Ines Ferre join Josh Lipton on Market Domination to discuss Apple's (AAPL) new feature to split bills by taking a photo of a receipt.
Yahoo Finance Senior Reporter Brooke DiPalma and Senior Business Reporter Ines Ferre join Josh Lipton on Market Domination to discuss Apple's (AAPL) new feature to split bills by taking a photo of a receipt.
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