Apple (AAPL -1.76%) is one of the most valuable companies in the world, with a market cap of $3.17 trillion. But the stock is down 15% since the beginning of the year (as of July 7).
Mark Zuckerberg wooed another elite researcher with pay package in the tens of millions, continuing a recruitment push.
Apple's head of AI models, Ruoming Pang, is leaving the company to work at Meta, Bloomberg reported on Monday. This marks the latest high-ranking AI executive Meta CEO Mark Zuckerberg has scooped up to lead his new AI superintelligence unit.
Apple (AAPL) closed at $209.95 in the latest trading session, marking a -1.69% move from the prior day.
The outburst intensified pressure by the Trump administration for Apple to bring back manufacturing to the United States.
Apple Inc (NASDAQ:AAPL, ETR:APC) has filed an appeal against a €500 million (US$586 million) fine imposed by the European Union for allegedly violating the Digital Markets Act (DMA), escalating a major dispute between the iPhone maker and EU regulators over competition in the app space. The European Commission issued the fine in April, then stating that Apple's restrictions on app developers prevented them from informing users about alternative and potentially cheaper purchasing options outside of the App Store.
Apple's "F1: The Movie" has generated more than $293 million at the global box office, the most of any film released theatrically by the company. "F1" has generated $60 million of its total global haul from IMAX theaters, a little more than 20% of its total gross so far.
Apple filed an appeal over the European Union's $587 million fine on Monday – escalating a showdown over enforcement of a sweeping antitrust law targeting Big Tech firms.
Apple filed an appeal on Monday against a 500-million-euro fine imposed by the EU and accused Brussels of forcing the US tech giant to make changes that are "bad" for users.
Apple on Monday filed an appeal against the EU's decision to fine the company €500 million (about $580 million) for not complying with rules that mandate companies to let developers steer users outside the App Store for making purchases, according to multiple reports.
The Big Beautiful Bill boosts defense, industrials, and manufacturing, but healthcare and some REITs face headwinds from Medicaid cuts and policy shifts. AI optimism and the new legislation are fueling a broad market rally, but I question if AI stocks are outpacing their earnings, signaling a potential bubble. The Magnificent 7 era is over; META, MSFT, NVDA, and AMZN are the new leaders, while AAPL, GOOG, and TSLA face unique challenges in the AI race.
Apple (AAPL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.