FEATURE Maybe the stock market just needed a long weekend to regain its confidence. Stocks were gaining in premarket Monday with technology stocks among those trading higher. Semiconductor companies were particularly prominent as the artificial-intelligence trade regained momentum.
Investing.com -- Broadcom Inc. (NASDAQ: AVGO) shares climbed 4% on Monday after the semiconductor company announced a significant extension of its chip supply agreement with Apple Inc. (NASDAQ: AAPL), securing a critical revenue stream for the remainder of the decade. The new agreement ensures that Broadcom will remain a cornerstone of Apple’s hardware supply chain for years to come. According to the company’s recent SEC filing, the two tech giants are officially deepening their ties: "Broadcom
Both tech giants are trading at premium valuations.
Aurora Mobile has signed a new partnership to deploy its push notification solutions across its customer’s mobile apps.
Apple’s new foldable iPhone is coming but sales at scale may not be until 2027, says a top industry analyst.
Dow Jones futures edged lower Monday morning, while S&P 500 futures and especially Nasdaq futures rose. Apple, SpaceX, Sandisk and Robinhood Markets are notable stocks to watch. Last week, the major indexes had solid gains, but while the Dow Jones ended at record highs, the Nasdaq fell back below key support as AI stocks were hammered.
Broadcom said on Monday it has agreed to expand its partnership with Apple through 2031 to develop and supply custom chips, easing concerns over the iPhone maker's reliance on the chipmaker. The chipmaker, whose shares jumped nearly 4% in premarket trading, has been supplying key components to Apple for a very long time, including radio frequency chips used in iPhones for connecting to cellular networks, Wi-Fi and Bluetooth connectivity chips and other networking semiconductors. Despite developing its own chips, including the C1 modem, Apple relies on Broadcom for wireless and radio-frequency components.
Shares of Apple (NASDAQ:AAPL) rose 1.7% on July 1, 2026, the day the Wall Street Journal reported that SpaceX had shown IPO investors a prototype handset: slimmer than an iPhone, running a proprietary operating system, powered by a Qualcomm Snapdragon chip, and deeply integrated with xAI’s Grok. Elon Musk called the story “utterly false” on ... Musk Calls It ‘Utterly False,’ But This SpaceX Rumor Should Terrify Every Apple Investor
Apple was Buffett's largest and most successful investment ever. This stock could be Abel's.
Garmin (NYSE: GRMN) today announced multiple updates for the Garmin Pilot™ mobile app for Apple® devices, including flight planning enhancements with the redesigned Flights page, SmartCharts expansion to Canada and Mexico, as well as enhancements to the SmartCharts and database product for the Oshkosh FISK Arrival.
Artificial Intelligence Drives Better-Than-Expected SalesFoxconn, officially known as Hon Hai Precision Industry (USOTC:FXCOF), reported a sharp increase in second-quarter revenue as strong demand for artificial intelligence infrastructure continued to fuel growth, although the company warned that geopolitical uncertainty remains a key risk. The world’s largest contract electronics manufacturer generated revenue of T$2.
(Bloomberg) -- SK Hynix Inc. kicked off its formal marketing process for its US listing on Monday, as the South Korean chipmaker looks to capitalize on surging investor demand for the high-flying memory-chip sector.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, T
Even Realities, an ex-Apple team building camera-free smart glasses, raised $150M from Meituan and Tencent at a $1B valuation.
Tim Cook's massive investment has had a decisive impact on Apple's bottom line.
Apple would announce the foldable iPhone in September but might not ship it until the fourth quarter, Ming-Chi Kuo said.
These stocks have led the performance of the S&P 500 in recent years.
(Bloomberg) -- Apple Inc. supplier Luxshare Precision Industry Co. is poised to raise HK$24.3 billion ($3.1 billion) after telling prospective investors it wants to price shares for its Hong Kong listing at the maximum amount it had set, according to people familiar with the matter.Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaThe Supertanker Tycoon Making Millions on Hormuz Shuttle RunsModi’
Companies In The News Are: NFLX, GOOGL, AVAV, AAPL.
The Taiwanese company said it is monitoring “the impact of the volatile global political and economic situation,” without elaborating.
(Bloomberg) -- A wild ride for global chip stocks in recent weeks has left investors looking for fresh validation of the artificial intelligence trade. Samsung Electronics Co. may provide just that on Tuesday.Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests After US SanctionWhy the Great Am