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Apple’s WWDC Event Is Just Days Away. Don’t Expect Fireworks for the Stock, UBS Says.
Barrons.com66d agoneutral
Apple’s WWDC Event Is Just Days Away. Don’t Expect Fireworks for the Stock, UBS Says.

Apple big annual conference, where the tech company unveils its new products, is next week, but one analyst doesn’t think it will push up the stock. David Vogt of UBS gave his heads-up Wednesday about Apple’s Worldwide Developers Conference, which starts Monday at the company’s headquarters in Silicon Valley. Shareholders expect Apple to release new artificial-intelligence features after years of lagging behind its rivals on AI.

Nvidia chief meets Foxconn chairman at Taiwan tech show
Reuters Videos66d agoneutralVIDEO
Nvidia chief meets Foxconn chairman at Taiwan tech show

<body><p>STORY: :: Nvidia CEO Jensen Huang meets Taiwan partner Foxconn's chairman at the Computex tech show</p><p>:: Taipei, Taiwan / June 3, 2026</p><p>Foxconn, Apple's top iPhone assembler, has been expanding beyond electronics into electric vehicles and AI data centers. It is now Nvidia's main maker of AI racks, which are server racks tailored for AI workloads that house chips, cables and other equipment, include the latest Vera Rubin platform.&nbsp;</p><p>Nvidia is ramping up production of its Vera Rubin platform, which combines the company’s Vera CPU and Rubin GPU architectures, making for “a very busy second half” for Taiwan’s supply chain, Huang told a press conference on Tuesday (June 2).</p><p>While Computex has traditionally been a show for consumer devices, Nvidia has over the last few years made it more business-oriented with this year’s attention focus on its data center products, such as its new Vera Rubin AI computing platform and Vera central processing unit (CPU), as well as on its efforts in markets such as robotics and AI in manufacturing.</p></body>

What a $1K Investment in Qualcomm 15 Years Ago Is Worth Today (Hint: It’s More Than You Think)
24/7 Wall St.66d agoneutral
What a $1K Investment in Qualcomm 15 Years Ago Is Worth Today (Hint: It’s More Than You Think)

From Smartphone King to Everything-Chip Contender Fifteen years ago, Qualcomm (NASDAQ:QCOM) was a pure mobile play, collecting royalties on every 3G and 4G phone sold while Snapdragon chips powered the Android wave. The decade since has been messier than the price chart suggests. A bruising licensing fight with Apple in 2017 to 2019 capped the ... What a $1K Investment in Qualcomm 15 Years Ago Is Worth Today (Hint: It’s More Than You Think)

Why Apple’s Next iPhone Upgrade Could Be the End of Venmo
24/7 Wall St.66d agobullish
Why Apple’s Next iPhone Upgrade Could Be the End of Venmo

Apple is walking on stage next week for its annual Worldwide Developers Conference (WWDC), and it isn’t just showcasing routine software updates—it is quietly preparing a major ecosystem upgrade that could spell disaster for independent fintech applications. CNBC’s Dominic Chu used his June 2 Pre-Market Rundown to sketch the immense stakes, outlining a new native ... Why Apple’s Next iPhone Upgrade Could Be the End of Venmo

Is It Too Late To Consider Apple (AAPL) After A 55.7% One Year Rally?
Simply Wall St.66d agobullish
Is It Too Late To Consider Apple (AAPL) After A 55.7% One Year Rally?

If you are wondering whether Apple stock at around US$315 is still offering fair value or stretching expectations, you are not alone. Over the last week the stock returned 2.2%, over the past month 12.5%, and over the last year 55.7%. This puts recent performance front and center in any assessment of risk and return. Across longer periods, Apple has delivered returns of 16.3% year to date, 78.3% over three years, and 155.1% over five years. This provides important context for anyone thinking...

Apple agrees to submit India financials in long-pending antitrust case
Reuters66d agoneutral
Apple agrees to submit India financials in long-pending antitrust case

Apple has agreed to submit the financials of its India business to the country's antitrust body as part of an investigation that found the U.S. firm ‌abused its market position, taking the long-delayed case a step closer to a potential penalty decision, an ‌agency order shows. The case is Apple's most high-profile regulatory headache in India, a key growth market where it has rapidly expanded iPhone production as ​it diversifies beyond China. A confidential Competition Commission of India (CCI) order, reviewed by Reuters, showed Apple last month agreed to supply its India financials - typically needed by the watchdog for penalty calculations.

Evercore ISI Raises Price Target on Apple (AAPL) Amid AI and Services Growth Expectations
Insider Monkey66d agoneutral
Evercore ISI Raises Price Target on Apple (AAPL) Amid AI and Services Growth Expectations

Apple Inc. (NASDAQ:AAPL) ranks among the best most active stocks to buy according to hedge funds. On May 14, Evercore ISI boosted its price target for Apple Inc. (NASDAQ:AAPL) to $365 from $330, while keeping an Outperform rating on the tech giant’s shares. The firm recently published its sixth annual Apple primer, which outlines investment […]

Bernstein and BofA Remain Bullish on TSMC (TSM) Amid AI and Advanced Node Leadership
Insider Monkey66d agoneutral
Bernstein and BofA Remain Bullish on TSMC (TSM) Amid AI and Advanced Node Leadership

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ranks among the best most active stocks to buy according to hedge funds. Bernstein SocGen Group increased its price target for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to $430 from $351 on May 18, while upholding an Outperform rating on the company stock. The firm anticipates the company’s earnings […]

MP Materials Deepens US Ties As Magnet Expansion Reshapes Growth Story
Simply Wall St.67d agoneutral
MP Materials Deepens US Ties As Magnet Expansion Reshapes Growth Story

MP Materials (NYSE:MP) has secured major contracts with US clients, including the Department of Defense and Apple. The company is shifting away from exporting rare earth concentrates to China and focusing on domestic processing and magnet production. MP Materials is developing a new US magnet manufacturing facility, called "10X", and partnering on a rare earth refinery project in Saudi Arabia. MP Materials, trading at $72.24, sits at the center of a rare earths story that is increasingly...

Apple AI Siri And Bill Splitting Debut Test Long Term Services Story
Simply Wall St.67d agoneutral
Apple AI Siri And Bill Splitting Debut Test Long Term Services Story

Apple (NasdaqGS:AAPL) is expected to introduce a rebuilt AI powered Siri, co developed with Google Gemini, at WWDC 2026. The AI Siri launch is described by many investors and analysts as a key moment for Apple's artificial intelligence positioning and product strategy. Apple is also preparing an iPhone bill splitting feature that embeds peer to peer payments directly into iOS, targeting usage similar to Venmo and Splitwise. Both initiatives are designed to deepen user engagement in the Apple...