Apple could be forced to detail more of its AI activity, after a proposal asks shareholders to expose whether Apple is truly working ethically in the field when training Apple Intelligence.
Netflix, Inc. (NFLX) kicked off tech earnings with a stellar report and the S&P 500 closed at a fresh closing high on Thursday, driven by expectations of a strong reporting season. Five of the Magnificient seven stocks are scheduled to disclose their quarterly scorecards in the upcoming week,
In a rare move, analysts at Jefferies downgraded one of the largest companies in the world, Apple ( AAPL -0.39%), to underperform. Wall Street analysts are known for being bullish, so underperform and sell ratings tend to make up only a small percentage of overall analyst ratings.
Calif., disclosed several new stock trades involving Big Tech names like Nvidia, Apple, Alphabet and Amazon that occurred in the last month.
Alphabet shares closed above $200 value for the first time on Friday. While the Google parent faces regulatory hurdles and increased competition, analysts are generally optimistic about the company's opportunities in artificial intelligence.
With the dominant iPhone franchise, Apple has grown into one of the largest companies in the world in the last two decades. Over its fiscal 2024 (ended Sep.28), the company reported $391 billion in revenue, with over half of these sales coming from the iPhone segment. Ten years ago, the company was generating under $200 billion in revenue.
Apple could benefit from China's DeepSeek, which appears to deliver cheaper AI models. Its competitors have already spent big on their own efforts.
The country’s Competition and Markets Authority is investigating mobile ecosystems controlled by Apple and Alphabet’s Google to work out if they need to obey a strict new law governing digital competition.
Using DeepSeek's AI models and integrating them into its hardware aligns well with Apple’s strategy and keeps the company competitive in the AI race without reinventing the wheel or moving away from its core business model.
Historically, the Vanguard Information Technology ETF has averaged a total annual return of 13.7% since its inception 21 years ago. That figure implies the fund should beat out the S&P 500 again in 2025, but a deeper look suggests this year may not be typical for the ETF from a performance standpoint.
Tech giants around the globe were rattled on Jan. 27 after Chinese AI start-up DeepSeek unveiled an impressive, low-cost artificial intelligence (AI) model, sparking widespread concerns about the scale of investment being poured into expensive hardware and data centers.
US big tech stocks are set to become the “Lagnificent 7” this year, Bank of America Corp.’s Michael Hartnett warned, suggesting investors should buy cheap international stocks instead of chasing pricey US shares.