Apple is accelerating its development of three artificial intelligence (AI)-powered wearable devices: smart glasses, a pendant and AirPods, Bloomberg reported Tuesday (Feb. 17), citing unnamed sources. The three devices will be built around the company's Siri digital assistant and will be linked to the iPhone, according to the report.
Berkshire Hathaway (BRK.A)(BRK.B), the conglomerate formerly led by famed investor Warren Buffett, reduced its holdings in tech giants Apple (AAPL) and Amazon (AMZN) in the final quarter of 2025, according to a regulatory filing released Tuesday.
Berkshire Hathaway disclosed its 2025 investment portfolio in newly released SEC filings.
The new year has so far not been kind to the share price of Big Tech stocks, particularly the so-called Magnificent 7. These seven companies—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla—are America's tech crown jewels.
Late last month, The Information reported that Apple was developing an AI wearable—an AirTag-sized pendant with cameras that could be pinned to a user's shirt. Now, Bloomberg writes that the development of such a device—along with two other AI-powered items—is accelerating, as Apple looks to stay competitive with other tech giants who are racing to release similar products.
Apple Inc (NASDAQ:AAPL, XETRA:APC) has seen its shares sell off over the past week amid investor concerns over potential delays to its much-anticipated AI features, particularly updates to Siri. Despite the recent volatility, Wedbush analysts maintained an ‘Outperform' rating on the stock with a 12-month price target of $350.
Here are five key things investors need to know to start the trading day.
Apple (AAPL) has experienced setbacks in the past. Its stock fell over 30% in less than 2 months in 2018, eliminating billions in market capitalization and negating substantial gains during a single market correction.
Apple is rolling out a new video podcast experience to rival YouTube and Spotify. It'll allow Apple Podcasts users to able to switch seamlessly between audio and video.
Apple is reportedly weeks away from its next product launch. The iPhone maker will hold that event on March 4, Bloomberg News reported Monday (Feb. 16), citing an invitation from the company.
Apple (NASDAQ: AAPL | AAPL Price Prediction) closed at $255.78 on February 13, down 7.95% from the previous week's $277.86.
It's been quite the run in the stock market, for investors of all ages and risk profiles.