Apple AAPL 2.30%increase; green up pointing triangle is in talks to invest in OpenAI, a move that would cement ties to a partner integral to its efforts to gain ground in the artificial-intelligence race.
Spotify claims Apple may be again in violation of European regulation, the Digital Markets Act (DMA), which requires interoperability from big technology companies dubbed “gatekeepers.” This time, the issue isn't about in-app purchases, links or pricing information, but rather how Apple has discontinued the technology that allows Spotify users to control the volume on their connected devices.
Apple has been crowned Citi's top AI stock pick for 2025.
Nvidia's growth is apparently slowing down. It reported a 122% growth in quarterly revenue versus last year, down from 262% for the previous quarter.
This iron condor trade on Apple stock has the potential to return 22% if the stock price stays between 204 and 251.
Nvidia's earnings and stock price have massively outpaced Apple's growth since 2014. Meanwhile, the chipmaker has a more secure position in AI and a lead over its main rivals.
Berkshire Hathaway (BRK.B) became the first non-tech stock to hit a trillion-dollar market cap today, joining the likes of Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), and Amazon (AMZN).
IBM is gaining ground in the AI space, but its stock still looks undervalued. Big Blue stock trades at 14 times free cash flow, much lower than the S&P 500 and Dow Jones averages, not to mention market darlings like Apple and Nvidia.
Daniel Loeb-backed Third Point hedge fund bet big on the Apple stock due to the company's potential AI initiatives. These Apple-heavy ETFs could benefit.
Turns out, a market cap of $3.4 trillion doesn't stretch quite as far as it used to. Or maybe the world's most valuable company, Apple, finally decided its streaming service shouldn't spend quite so much on pricey original shows starring the world's biggest performers and filmmakers, especially when nearly all its competitors are cutting spending dramatically.
Apple is conducting layoffs affecting around 100 employees working for the company's digital services group, according to Bloomberg's Mark Gurman. The main group affected by the cuts is the team working for the Apple Books app and its related store.
The company didn't make the same kind of mass layoffs that its rivals resorted to last year.