Wall Street obsesses over the hyperscalers burning billions on AI infrastructure, but one mega-cap with 2.5 billion active devices keeps getting left out of the conversation, and that oversight may be exactly where the opportunity hides.
Apple's September event promises foldable hardware and next-generation chips, but the real question is whether a company battling a memory pricing crisis and China exposure can keep its decade-long streak of rewarding patient shareholders intact.
All eyes in the tech world turn to Cupertino next week, when Apple Inc. NASDAQ: AAPL throws open the doors on its most closely watched product launch in years. It's a big moment for the company, and an even bigger one for the man now in charge, John Ternus, who has already told staff to expect something "phenomenal.
This week is set to bring an update on inflation that could sway the stance of the nation's central bank.
Amazon stock has underperformed the broader market over the last five years. The company's cloud infrastructure and e-commerce strengths give it multiple ways to win with AI.
OpenAI CEO Sam Altman is a self-described "mega Apple fanboy." Altman said he was "very sad" to see Apple sue OpenAI.
An Apple event scheduled for Wednesday (Sept. 9), Surprise and Shine, will mark the beginning of the longest series of device releases in the company's history, Bloomberg reported Friday (Sept.
The latest trading day saw Apple (AAPL) settling at $319.97, representing a -2.51% change from its previous close.
Apple (AAPL) stock fell about 2% on Friday as investors weighed reports that initial production of the company's long-awaited foldable iPhone remains limited, raising concerns about whether Apple can meet demand when the device launches. According to a Nikkei Asia report, production of the foldable iPhone was running at only a few hundred units per day in late August.
It's officially the Ternus era at Apple.
Apple just delivered its best June quarter ever, and the stock is up nearly 40% in a year, yet analyst upgrades are drying up and cost headwinds are quietly building.