STORY: From chip stocks getting a fresh boost... to where chip workers have become among the most desirable partners.. This is AI Weekly.:: AI WeeklyChip stocks rebounded after bullish outlooks from U.S. firms Micron Technology and Qualcomm.Micron said customers had committed to spend $22 billion on its chips.It also forecast quarterly profit and revenue well above expectations, sending its shares 12% higher in after-hours trading.Landsberg Bennett Chief Investment Officer Michael Landsberg says the AI boom has been transformational for memory chip makers like Micron:“What’s happened in this space has been, typically this used to be more of a commodity, and so what’s happened now with AI, a lot of these chips are needed to make AI work faster and better so the demand has really been strong across the entire sector.”Donald Trump has said Apple has agreed to work with Intel to design and manufacture its chips in the U.S.The move would be a major boost for the American chipmaker's efforts to turn around its business.A contract with Apple would lock in steady demand from the iPhone maker.That would boost Intel's reputation and sales as it looks to close the gap with rival TSMC.Oracle's total workforce declined 13%, or about 21,000 employees, in its fiscal 2026.It's as the cloud computing giant continued restructuring its business... partly driven by the adoption of AI across its operations.Up to 3,000 Santander employees in Spain could also be offered early retirement.That's as the bank braces for impacts brought on by AI, Spanish newspaper Expansion reported on Wednesday.SK Hynix overtook Samsung Electronics to become South Korea's most valuable listed company.Shares in what is now the world's most valuable memory chipmaker rose to bring the company's market capitalization to $1.35 trillion. Employees at chip factories are also now part of South Korea’s A-list. Some workers at Samsung’s chip division are set for bonuses of about $416,000.Around 14 times South Korea’s average annual salary.Chip workers now rival doctors and lawyers as the nation’s most desirable partners.Lee Sung-mi from matchmaking agency Sunoo says tech staffers now rate very highly:"Scores for Samsung Electronics employees have recently risen from 83 to 87. As for clients who work at SK Hynix, their scores are expected to climb from around 80 to 83—showing just how highly favored the company has become."
SUNNYVALE, Calif., June 25, 2026--Jumio, the leading provider of AI-powered identity intelligence, today announced that it has significantly expanded support for digital IDs across the globe, allowing Jumio customers to accept digital IDs in more than 60 countries and territories when onboarding new users, helping customers drive conversions and meet compliance mandates.
The man who shaped Ferrari's image for more than a decade is leaving the company weeks after the troubled unveiling of its first electric car, with a former BMW executive drafted in to steady the brand.View on euronews
This exchange-traded fund regularly outperforms the broader market thanks to its high degree of exposure to the technology industry.
Verizon Communications is losing its spot in the Dow Jones Industrial Average. Following the change, the storied index will no longer include any traditional telecom names since AT&T lost its post to Apple in 2015. While Verizon’s business faces considerable pressure—and a looming threat from SpaceX Starlink network—its dividend looks well covered.
Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company's profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.
Today, June 24, 2026, the Dow edged upwards as falling crude prices helped offset tech valuation worries.
(Bloomberg) -- At the Hirslanden clinic overlooking Switzerland’s picturesque Lake Lucerne, prostate cancer patient Jörg Pegelow lies on a reclining chair as a doctor wearing two sets of gloves — one made with lead — injects a saline solution laced with a radioactive drug into a vein in his arm.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced
Regaining support at its 21-day exponential moving average, Apple stock is shaking off a spat of turbulence.
Google-parent Alphabet will be the fifth Magnificent Seven stock to join the Dow Jones Industrial Average. Google stock is replacing Verizon.
Mid-year 2026 is a stress test for long-term conviction. The S&P’s mega-cap leaders have diverged sharply this year, with Microsoft giving back gains as AI capex skeptics resurface, Visa drifting on litigation noise, and Apple riding the iPhone 17 cycle. For investors thinking in decades rather than quarters, that divergence is the opportunity. The three ... 3 No-Brainer Stocks to Buy in June and Hold Forever
The life sciences giant is transforming its diagnostics segment with its acquisition of Masimo Corporation, shifting from traditional laboratory testing into patient-connected, real-time data streams.
Alphabet's inclusion in the Dow gives the 130-year-old blue-chip index a dose of the same mega-cap tech trade already dominating the Nasdaq 100.
Yahoo Finance Markets and Data Editor Jared Blikre and Mahoney Asset Management CEO Ken Mahoney discuss the potentially problematic spending of AI hyperscalers.
Siri's rejuvenation is unlikely to boost the iPhone's market share.
Apple turning to Intel for chips, as Washington announced last week, has the neat logic of necessity meeting ambition. A deal - which neither company has formally announced - would pair Intel's effort to rebuild its credibility as a contract chipmaker with Apple's search for more manufacturing capacity, as its supplier TSMC struggles to meet surging AI chip demand from the likes of Nvidia. Supply constraints at the contract manufacturer have held back iPhone sales, Apple CEO Tim Cook said in April.
A week after Snap launched its pricey $2,195 AR glasses, Meta is going the opposite direction with a $244 version.
Wall Street's AI trade is expanding beyond the Mag-7. Discover emergent players and the ETFs best positioned to benefit.
Alphabet Lands Coveted Dow Slot, Replacing Verizon on June 29
Apple (NASDAQ:AAPL) is one of the 15 AI Stocks Analysts Are Watching: Microsoft, Nvidia, and More. Recently, CEO Tim Cook confirmed that Apple Inc. is raising prices to offset rising memory costs. In response, on June 18, BofA Securities analyst Wamsi Mohan reiterated a Buy rating on the stock with a $380.00 price target. The […]