Apple Inc. (AAPL)
Elon Musk startup xAI sues Apple, ChatGPT creator over competitive practices
Tesla Inc founder Elon Musk's artificial intelligence startup xAI is suing Apple Inc (NASDAQ:AAPL, ETR:APC) and ChatGPT, claiming both companies illegally conspired to stifle competition for artificial intelligence. In a legal filing in US federal court in Texas on Monday, xAI's stated that Apple and OpenAI have "locked up markets to maintain their monopolies and prevent innovators like X and xAI from competing.
Elon Musk Sues Apple, OpenAI Over iPhone AI Deal
The lawsuit alleges that Apple and OpenAI's deal to bring ChatGPT to iPhone users is an "anti-competitive scheme" that hurts competitors like xAI.
Elon Musk's xAI Sues Apple Over Claims It Favors OpenAI
Mr. Musk's artificial intelligence company, xAI, claimed that its Grok chatbot app was being artificially suppressed in Apple's App Store.
The AI bull run has a few years of legs left to run, says Intelligent Alpha's Doug Clinton
Doug Clinton, Intelligent Alpha CEO, joins 'Money Movers' to discuss Nvidia ahead of its earnings report.
Apple Patches Security After ‘Extremely Sophisticated' Cyberattack
Apple has reportedly patched a zero-day flaw in its ImageIO framework. That's according to a report Friday (Aug. 22) by Dark Reading, which noted this is the latest in a string of zero-day vulnerabilities the company has disclosed this year.
Apple plotting iPhone lineup overhaul, including ‘foldable' version by 2026: report
Apple is reportedly plotting a major shakeup of its iPhone lineup as it looks to jump start the iconic smartphone's sagging sales.
Elon Musk's xAI Sues Apple, OpenAI, Alleging ‘Monopolists' Thwart AI Competition
Musk said the partnership between OpenAI and the iPhone-maker has given the ChatGPT-maker access to “billions of user prompts.”
Musk companies sue Apple, OpenAI alleging anticompetitive scheme
Two of Elon Musk's companies sued Apple and OpenAI on Monday, accusing the pair of an "anticompetitive scheme." In this article AAPL
AAPL, AMZN and GOOGL Forecast – Major Stocks Drift in Premarket
The three major stocks in this analysis all look a bit lost in the premarket trading of Monday, but ultimately, all are positive from a longer-term standpoint. At this juncture, I have no interest in shorting any of them.
How AI Can Drive Apple Stock
AAPL stock (NASDAQ:AAPL) has been the underperformer compared to its Big Tech counterparts, increasing by only 1% over the last 12 months, whereas Nvidia has risen by 40%, Amazon by 30%, and Google by 20%. The disparity is not related to hardware or services.
Buffett watchers cheer Berkshire's Apple and UnitedHealth bets — but wonder why he's sitting on so much cash
Warren Buffett's Berkshire Hathaway rejigged its portfolio and grew its cash pile last quarter. Close watchers of the company praised its UnitedHealth investment and sales of Apple stock.
Apple Plans Three Consecutive Years of iPhone Revamps
After a series of moderate upgrades, Apple is planning a three-year iPhone overhaul. That's according to a report Sunday (Aug. 24) by Bloomberg News, which noted this plan to jumpstart Apple's flagship product is happening as other industry players shift toward more artificial intelligence (AI)-centered products.
