A shortage of memory chips is one of the biggest challenges facing the AI buildout, fueling both selloffs and rallies in the past week alone.
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Shares of Apple have risen 26% this year, enough to help it retake the market cap throne from momentary usurper Nvidia earlier this month.
Changxin Technology Group, or CXMT for short, soared 466% in its debut yesterday on Shanghai’s STAR Market.
Apple is accusing the ChatGPT developer of stealing trade secrets and hardware designs to bolster its development of an AI-fueled smartphone.
Apple shares climbed nearly 1% on the news, bringing it closer to reclaiming the throne as the biggest US company by market cap.
Users can ask the glasses to live-translate more than 20 languages, provide turn-by-turn walking directions, take calls, play music and more.
Google shares have been hammered recently as two top artificial intelligence researchers spurned the company to join OpenAI and Anthropic.
Samsung, Dell, Nintendo, Sony and Microsoft have all recently announced price hikes to their consumer electronics.
The US government took a 10% stake in Intel last year and the Trump administration has been arguably its best sales advocate.
The keynote presentation of Apple’s annual developers conference was a farewell sendoff for CEO Tim Cook, who received a standing ovation.
Running AI agents around the clock can consume hundreds of millions, or even billions, of tokens (units of data) a week.
The combined net worth of the US CEOs who joined President Donald Trump for a two-day summit in China is nearly $1 trillion.
Apple’s supply chain and manufacturing dependencies have turned problematic in the age of tariffs and friend-shoring.
Considering Ternus’ timing, his first time taking the stage as CEO will likely be to introduce the next generation of iPhones this fall.
The Roundhill Magnificent Seven ETF, which tracks Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla, has slid roughly 11% this year.
The bank says it will increase access to capital, advice and training for 10 million small businesses, up from the 7 million it serves today.