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Verizon Communications is losing its spot in the Dow Jones Industrial Average. Following the change, the storied index will no longer include any traditional telecom names since AT&T lost its post to Apple in 2015. It was down 2.6% to $45.53 in trading Wednesday, faring worse than AT&T and the S&P 500.
Qualcomm is expected to use its investor day on Wednesday to lay out a push beyond its core smartphone business into the fast-growing, but highly competitive, market for AI data center chips. Analysts expect the San Diego-based company to name new customers for its AI chips as it tries to gain a foothold in a market dominated by Nvidia. The shift reflects mounting pressure in the smartphone market, where Qualcomm is one of the world’s largest chip suppliers to Android device makers.
Mid-year 2026 is a stress test for long-term conviction. The S&P’s mega-cap leaders have diverged sharply this year, with Microsoft giving back gains as AI capex skeptics resurface, Visa drifting on litigation noise, and Apple riding the iPhone 17 cycle. For investors thinking in decades rather than quarters, that divergence is the opportunity. The three ... 3 No-Brainer Stocks to Buy in June and Hold Forever
The life sciences giant is transforming its diagnostics segment with its acquisition of Masimo Corporation, shifting from traditional laboratory testing into patient-connected, real-time data streams.
Siri's rejuvenation is unlikely to boost the iPhone's market share.
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.
A week after Snap launched its pricey $2,195 AR glasses, Meta is going the opposite direction with a $244 version.
Apple (NASDAQ:AAPL) is one of the 15 AI Stocks Analysts Are Watching: Microsoft, Nvidia, and More. Recently, CEO Tim Cook confirmed that Apple Inc. is raising prices to offset rising memory costs. In response, on June 18, BofA Securities analyst Wamsi Mohan reiterated a Buy rating on the stock with a $380.00 price target. The […]
Alphabet will join the DJIA and Honeywell Aerospace, a spinoff from Honeywell International, will join the S&P 500.
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
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.
Regaining support at its 21-day exponential moving average, Apple stock is shaking off a spat of turbulence.
Consumer group Which? permitted to lead class action on behalf of UK users over alleged anti-competitive iCloud practices.
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
When Wall Street turns bearish on a stock, it’s worth paying attention. These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
The “Magnificent Seven” plus Broadcom and Oracle have lost roughly $2.7 trillion in market value in June, according to Yahoo Finance analysis, as investors take a harder look at the companies funding the AI build-out.
Amazon's growth rate could accelerate while Apple's comes under pressure.
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 […]
Apple's artificial intelligence story isn't fading after its Worldwide Developers Conference. If anything, Wall Street is still going deeper into what Apple showed, what it promised, and how these new AI tools can change the company’s growth story and impact its stock price. Analysts are ...
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
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.
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