Apple's stock has rallied to record highs recently. Some experts say they believe it still has has more room to run.
Apple‘s (NASDAQ:AAPL | AAPL Price Prediction) stock has climbed 15% since June 25, adding $600 billion in market value, pushing shares to $317.18 and right up against the 52-week high of $323.45.
Apple's trade secret lawsuit against OpenAI is packed with a number of extraordinary allegations that paint a picture of a coordinated effort to extract confidential information from current and former Apple employees. But what's perhaps most striking is how casually the alleged misconduct is described, including one message that reads, “LOL, I found out I can access the [network storage], so funny.
In a Saturday post on X, Musk invoked his longtime nickname for Altman, writing: “Scam Altman strikes again
I keep hitting the buy button on Apple (NASDAQ:AAPL | AAPL Price Prediction), and going into the back half of 2026 this is the largest position I own.
The stock market's biggest winners are changing.
Apple Inc. is emerging as an unlikely winner from Wall Street's growing scepticism over artificial intelligence spending, with investors increasingly rotating into the iPhone maker as chipmakers and cloud-computing companies face mounting pressure. The stock has rebounded sharply after disappointing investors with its latest AI announcements, adding nearly $600 billion in market value since bottoming on June 25 and returning to record highs, Bloomberg reported.
Apple Inc (NASDAQ:AAPL, XETRA:APC) has filed a lawsuit in the US District Court for the Northern District of California accusing OpenAI (Unlisted:OPAI), its hardware subsidiary io Products, and two former Apple employees of misappropriating trade secrets related to the development of OpenAI's planned consumer AI hardware. The complaint alleges OpenAI engaged in a coordinated effort to obtain Apple's confidential information as it accelerated work on its hardware ambitions following its acquisition of Jony Ive's startup io Products for approximately $6.5 billion.
The company that once partnered with OpenAI to put ChatGPT on every iPhone is now suing it for theft.
Apple (NASDAQ:AAPL | AAPL Price Prediction) CEO Tim Cook is less than two months away from handing over the reins to John Ternus, a move that investors now seem to have come to terms with.
Apple's decision to sue OpenAI marks one of the biggest legal confrontations yet in the artificial intelligence industry, transforming what was once a strategic partnership into an increasingly bitter rivalry. The iPhone maker alleges that OpenAI systematically acquired Apple trade secrets to accelerate its ambitions in AI hardware, accusing the ChatGPT creator of using former employees, recruiting tactics, and supplier relationships to gain access to confidential information.
On an early July episode of Mad Money, Jim Cramer walked through the Magnificent Seven one stock at a time and pushed back on treating them as a single basket.