The stock market is roaring, and according to the media, it's all because of AI.
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.
Glasses, pendants, AirPods, watches and what else? Apple may not reveal everything at WWDC, but it should start discussing the changes to AI that are coming.
Apple Inc. (AAPL) is upgraded to buy, driven by its strategic positioning as a trusted AI endpoint amid a structural shift toward agentic AI applications. AAPL delivered robust FQ2 results: normalized EPS up 21.8% YoY to $2.01, sales up 16.6% YoY to over $111 billion. More importantly, unlike other hyperscalers, AAPL's growth was achieved with minimal capex increase.
Apple (NASDAQ:AAPL | AAPL Price Prediction) at $306.31 looks fully priced.
Nearly three months after its debut, Apple's MacBook Neo is emerging as an early success story, helping the Cupertino company reach new customers and challenging long-held assumptions about who buys a Mac.
Nvidia (NASDAQ: NVDA | NVDA Price Prediction) stunned the tech world when it launched its RTX Spark chip for PCs.
New feature will allow iPhone users to divide the check at dinner with a large group and generate payment requests, Bloomberg reports.
An upcoming iPhone feature will enable users to split bills by photographing a receipt, assigning items to different people, and then generating payments requests, Bloomberg reported Monday (June 1), citing unnamed sources.
The tagline likely hints at an iOS 27 reveal, following leaks that showcased a Siri-focused update with glowing UI elements.
Apple Inc (NASDAQ:AAPL, XETRA:APC) is aiming to launch its first smart glasses in late 2027, according to a Bloomberg report, after pushing back earlier timelines to refine artificial intelligence features and Siri integration. The device, internally code-named N50, is expected to integrate Apple's AI capabilities more deeply into a glasses form factor while remaining tightly connected to the iPhone.
There is a new phrase dominating Wall Street right now, and if you have been paying attention to earnings calls, analyst notes, or market-moving headlines recently, you have almost certainly heard it. Agentic AI is being credited with sending certain stocks soaring and reshaping how the smartest money in the market thinks about the technology sector.