The Computer - Micro Computers industry participants like AAPL and DELL are benefiting from the strong demand for enterprise devices amid stiff macroeconomic challenges globally.
According to Bloomberg, Apple (NASDAQ: AAPL) will release a number of new products in the first half of next year.
Technology CEOs and companies donated millions of dollars to the president, and the industry has been aggressive in trying to garner his appeal.
Strong cash flows reflect financial stability, allowing companies to pay down debt, pursue growth opportunities, and shell out dividend payments.
Apple, Visa and Mastercard reportedly won a legal victory in an antitrust lawsuit. The tech giant and the two payment firms convinced a federal judge to dismiss the lawsuit accusing them of colluding to stifle competition, Reuters reported Thursday (July 10).
U.S. stocks are overbought — but overbought does not mean sell.
Meta (NASDAQ: META) wants to be the global leader in AI systems that can complete tasks at the level of humans.
Meta Platforms (META) reportedly offered a pay package worth more than $200 million to poach Ruoming Pang, Apple's (AAPL) top executive in charge of artificial intelligence models, as the Facebook parent builds up its new “Superintelligence” AI division.
The battle for AI talent is heating up, with Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB)making eye-watering offers to lure top coders and researchers. The social media giant recently dangled a $200 million-plus package to Ruoming Pang, formerly Apple's AI lead, a figure that dwarfs the $39 million JPMorgan Chase CEO Jamie Dimon earned last year, despite running a $279 billion business with 300,000 staff.
Walter Piecyk, LightShed Partners, joins 'Fast Money' to talk why he thinks Apple needs a shake up in the CEO position.
Apple Inc (NASDAQ:AAPL, ETR:APC) risks falling behind in the fast-moving artificial intelligence race unless it acts quickly, Wedbush analysts said on Wednesday, urging the tech giant to acquire AI search engine Perplexity to bolster its AI platform. Despite boasting the world's largest consumer installed base with 2.4 billion iOS devices and 1.5 billion iPhones, Apple has lagged behind AI leaders such as Nvidia, Microsoft, Alphabet, Amazon, Meta, OpenAI and Oracle, the firm said in a note.
Analysts at LightShed think Apple would benefit from a CEO more focused on the product side of the business — or it risks missing out on the AI boom.