The U.S. added 441,078 new millionaires last year, according to the UBS Global Wealth Report 2026. That works out to more than 1,200 new millionaires every day and is an increase of 1.9% from 2024. The report also found that...
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Editor’s Note: This story has been updated to correct details related to Intel (INTC). When it comes to tracking the trading activity of members of Congress, former Speaker of the House Nancy Pelosi (D-Calif.) has been among the most followed....
Good intentions don’t always earn universal applause. Sometimes they earn a two-word reply instead. Tesla and SpaceX CEO Elon Musk — and richest man in the world — offered exactly that after responding to an X post highlighting Amazon founder...
Rising chip prices, data centers, and subsequent price increases in consumer products have made Silicon Valley a villain in the age of AI.
Broadcom strengthened its growth outlook by securing a $30 billion chip agreement with Apple through 2031.
Those who bet against the tech leader don't have a great track record.
The artificial intelligence trade is not falling apart. Demand is growing. After a spectacular first-half advance in chip and memory stocks, investors are starting to distinguish companies that gain from AI investing from those that can develop without bearing the brunt of the spending. That's why ...
Artificial intelligence has become the technology industry’s biggest customer, and that shift is changing far more than data centers. Every new AI server requires enormous amounts of high-bandwidth memory (HBM) and advanced DRAM, leaving chipmakers racing to expand production. Yet new factories take years to build, not months. The result is a supply squeeze that ... AI Is Consuming the World’s Memory Supply — Will Apple Pay the Price?
70% of S&P 500 tech stocks are down more than 20% from their all-time highs, and half of those are off at least 35%.
We recently published Jim Cramer Insisted Recent AI Chip Selloff Wasn’t A Bottom & Discussed These 17 Stocks. Broadcom Inc. (NASDAQ:AVGO) is one of the stocks discussed by Jim Cramer. Broadcom Inc. (NASDAQ:AVGO) is another AI stock that Jim Cramer has been nothing but enthusiastic about. The shares are up by 42% over the past […]
Silicon content per handset is quietly repricing as on-device AI and RF complexity collide with the next refresh cycle, and five chip names are already splitting into winners and losers before most investors notice the gap.
The deal with Apple should boost Broadcom's non-AI business.
The major chip deal with Broadcom is part of Apple's American Manufacturing Program.
In a classic “Friday news dump,” Apple filed a federal lawsuit in California against OpenAI, accusing its once-partner of stealing some of its trade secrets. Specifically, it’s alleging that two of its former employees brought proprietary and confidential information about its hardware to OpenAI when they joined. The lawsuit calls to mind Waymo’s trade secret theft lawsuit against Uber, filed in 2017. Similarly, a well-established tech giant publicly accused a fast-ascending private company, loc
Meta Platforms has a lot in common with its “Magnificent 7” brethren. Like Nvidia, Apple, Alphabet, Microsoft, Amazon, and Tesla, Meta is a technology giant with a market capitalization exceeding $1 trillion. Its stock has dramatically outperformed the broader S&P 500 over the past decade, and ...
The chip maker’s business is improving, with government twisting the arms of potential customers and partners including Apple and Nvidia
The lawsuit alleges that two former Apple employees now working at OpenAI stole confidential data including information about unreleased hardware products and technical specifications.
Former Apple employees took confidential information to OpenAI to advance the AI company’s device efforts, Apple claims.
Apple says it notified OpenAI of the preliminary findings of its investigation in February in hopes of gaining its cooperation, and OpenAI never responded.
Earnings season is about to put AI spending under the microscope, and picking the wrong stock could cost you. Two ETFs let you play the upside across dozens of the biggest names without betting everything on a single quarterly report.
Apple has filed a federal lawsuit against OpenAI, accusing the artificial intelligence company of running a coordinated campaign to steal confidential product designs and trade secrets.
Apple sues OpenAI, accusing ex-employees of stealing trade secrets for rival AI hardware, weeks after its Musk court win.
Apple is suing OpenAI, alleging trade secret theft.
Apple and Broadcom have expanded their long-standing partnership with a multiyear agreement expected to exceed $30 billion.
Investing.com -- Apple filed a lawsuit on Friday against OpenAI and two former Apple employees, accusing them of stealing the company’s trade secrets.

Apple (AAPL) is suing OpenAI (OPAI.PVT). Yahoo Finance's Brooke DiPalma explains what we know so far.
Apple alleges the misconduct was directed by OpenAi's senior leadership, including a long-time former employee.
Yahoo Finance Tech Editor Dan Howley breaks down how an AI-driven memory shortage is driving down PC shipments while forcing major tech companies to increase laptop prices.