'Mad Money' host Jim Cramer takes a look at what is happening with Apple's stock at the moment.
CNBC's Jim Cramer told investors why he's still pulling for Apple, even as its stock lags behind the averages. "If Apple can shake off its current shroud of negativity — maybe they make nice with President Trump somehow — I could justify paying 35 times earnings for the stock," he said.
After years of middling success on the big screen, Apple has bet big on the racecar movie starring Brad Pitt with a budget of nearly $250 million.
Apple made significant changes this week to its App Store terms in Europe. Now regulators will have to sign off.
That opens the door for one dark horse candidate in particular to surpass Apple's valuation within the next five years.
Berlin's data protection commissioner Meike Kamp said that DeepSeek's transfer of German user data to China is "unlawful," under EU data protection rules. The data authority asked Apple and Google to carry out a "timely review" about whether to ban the app or not form their respective app stores.
Apple announced changes to its App Store payment rules in Europe as it hit a Thursday deadline to address accusations of breaking EU digital competition rules—or face steep new daily fines.
Apple on Thursday announced a series of updates to its developer policies to comply with the EU's Digital Markets Act (DMA). The news, which was expected, arrived just in time to meet the deadline of June 26, after which the iPhone maker would risk new fines.
The bloc's antitrust regulators ordered it to remove commercial barriers to sending customers outside the store. Apple said it will appeal
Apple Thursday made changes to its App Store European policies, saying it believes the new rules will help the company avoid a fine of 500 million euro ($585 million) from the EU for violating the Digital Markets Act. The changes Apple announced are not a complete departure from the company's previous policy that drew the European Commission's attention in the first place.
AAPL's Services arm hits 1B+ paid subscribers as Apple Intelligence boosts offerings from Wallet to Music.
A potential deal between Apple Inc and AI startup Perplexity would mark a strategic shift for the iPhone maker, but analysts at Jefferies said the benefits are unclear and the move could be interpreted as a defensive response to rising regulatory pressure on its long-standing relationship with Google. Apple Inc (NASDAQ:AAPL, ETR:APC) is reportedly weighing either a partnership or full acquisition of Perplexity AI, a search engine startup recently valued at $14 billion.