Altman reportedly told OpenAI employees he and Jony Ive, the famed Apple designer who joined OpenAI last year, planned to release AI “companions,” though it appeared they wouldn't be working on a smartphone. Altman and Ive discussed a device that would be aware of the user's surroundings and life and be placed in a pocket or on a desk, with other plans for a device without a screen.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Apple (AAPL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2026.
Apple claimed the top global smartphone spot for the first time in a March quarter thanks to the success of the iPhone 17e and nifty supply-chain moves.
United States President Donald Trump executed 175 financial transactions in March 2026, trades that mainly involved purchases.
Stock futures are little changed Monday as investors await more news on Iran and look ahead to a packed week of potentially market-moving events; oil futures are back on the rise after U.S.-Iran peace talks were scrapped over the weekend; investors are awaiting quarterly results from most of the Magnificent Seven tech giants this week, as well as a Federal Reserve decision on interest rates; Chinese regulators are looking to block Meta's acquisition of an AI start-up; and discount airlines are reportedly pitching the Trump administration on a $2.5 billion assistance package to combat high fuel costs driven by the Iran war. Here's what you need to know today.
A Wall Street analyst has reiterated a bullish call on Apple's (NASDAQ: AAPL) stock price target, even as the equity continues to show short-term weakness.
Calls are trading more expensive than puts in the five names that report this week, and call volume outpaces put volume in all but Alphabet.
This week, 180 S&P 500 companies report earnings, including five Magnificent 7 names: Apple, Microsoft, Meta, Amazon, and Alphabet. Apple's report is pivotal, with investor focus on AI strategy and leadership transition amid concerns over execution and valuation multiples.
Plus: The staying power of internal combustion, Meta's huge layoffs, Marc Benioff's take on AI and software, and more.
There's a Fed meeting this week, and while they're always closely watched, this one is of particular interest to investors keen to see how the central bank says the economy is weathering the U.S.-Iran conflict. More clues, meanwhile, will come in the form of earnings reports, with Big Tech taking the spotlight.
As Apple races to stay competitive in AI while navigating tariffs and supply chain uncertainty, the company's future is about to shift under new leadership.
In naming new CEOs, the companies have tapped executives with backgrounds that focus on digital transformation.