Apple (AAPL 1.21%) and Microsoft (MSFT 0.56%) were founded in 1976 and 1975, respectively. They've remained relevant in an ultracompetitive environment.
Tech sector capital investment is surging, but enterprise AI adoption is showing disappointing returns, with 95% seeing zero ROI per an MIT study. This disconnect raises concerns about who will ultimately pay for the ongoing AI investment if enterprise customers remain slow to realize benefits. Recent underperformance in growth tech stocks reflects these doubts, while value-oriented dividend stocks have demonstrated resilience and defensiveness.
Everyone wants to find stocks that can turn them into millionaires, and buying Apple (AAPL 1.21%) early on would've done just that. Had you bought just $1,455 worth of shares exactly 30 years ago in August 1995, you'd be staring at a seven-figure dollar sum in your portfolio.
Alphabet shares rose 3% on a Friday report that Apple is in talks to incorporate Gemini technology for a revamped version of Siri, Apple's voice assistant. The talks come as the two tech giants face an uncertain future as its deals for search placement is at risk pending a regulation decision.
Apple is falling behind in the race to transform Siri into an AI assistant that's as powerful as its competitors. As consumers grow more impatient, Apple is considering using another company's tech instead of developing its own.
Shares of both companies extended gains in afternoon trading following the report.
Meta Platforms (META) is reportedly hiring another senior AI executive from Apple (AAPL) for its Meta Superintelligence Labs division, where it is moving to freeze headcount.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Apple will raise the price of streaming service Apple TV+ by $3 starting Thursday, following a similar move by Comcast-owned NBCUniversal's Peacock.
Apple increased prices on its Apple TV+ streaming service to $13 a month, in its first hike since 2023. Apple said the new price will hit current subscribers 30 days after their next renewal date.
Workers say the executive was volatile and retaliated when they cooperated with an investigation. Apple denies the claims.
I like that Telus is deleveraging, and I'll be following how much revenue the co-location of cell towers could bring to the table now that Telus's tower network is half-owned by a third party. I see lots of smoke around the U.S. economy. If goods prices increase, consumers will have difficulty coping with more inflation. It could lead to a softer job market. Microsoft crushed expectations with another strong quarter.