Regaining support at its 21-day exponential moving average, Apple stock is shaking off a spat of turbulence.
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. It was down 2.6% to $45.53 in trading Wednesday, faring worse than AT&T and the S&P 500.
Google-parent Alphabet will be the fifth Magnificent Seven stock to join the Dow Jones Industrial Average. Google stock is replacing Verizon.
Qualcomm said on Wednesday that Microsoft and Meta Platforms will use its new AI chips and that it will make custom chips for two other unnamed "hyperscalers." The San Diego-based company, which is the industry leader in smartphone chips, held an investor presentation to showcase its move into supplying AI chips for data centers as it tries to gain a foothold in a market dominated by Nvidia. The shift reflects mounting pressure in the smartphone market, which has been squeezed by a memory chip shortage driven by surging demand for AI infrastructure, and major customers such as Apple and Samsung developing chips in-house.
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 […]
L8P8, Inc., the privacy-first identity company and creator of the Loop8 passwordless Privacy Controller, today announced the launch of Loop8ID Age Shield. This groundbreaking age verification platform enables companies to navigate the complex landscape of evolving U.S. state-level child safety laws, ensuring strict compliance without the need to collect or store personal identity information.
Alphabet will join the DJIA and Honeywell Aerospace, a spinoff from Honeywell International, will join the S&P 500.
In the last five years, Microsoft (MSFT) stock has returned a massive $223 Bil back to its shareholders through cold, hard cash via dividends and buybacks. This impressive capacity to return capital is rooted in Microsoft’s evolution into a high-margin powerhouse, driven primarily by its dominance in cloud computing and enterprise software. The company’s ability to generate such significant "payout power" is fueled by the robust, recurring revenue streams from its Intelligent Cloud segment, spec
Alphabet replaces Verizon in the Dow Jones Industrial Average
Google's parent will replace Verizon in the blue-chip index on June 29.
China's Lingyi iTech priced its Hong Kong initial public offering at HK$10.18 per share, setting the stage to raise about HK$8.3 billion ($1.06 billion), part of which it plans to use for expanding its AI capacity. The Apple supplier seeks to capitalise on rising demand linked to AI computing and advanced hardware. It wrote in its prospectus that about 37.6% of the IPO proceeds, or roughly HK$3.07 billion, would be marked for enhancing production capacity and upgrading core manufacturing processes.