WSJ’s Rolfe Winkler breaks down his exclusive interview with Apple CEO Tim Cook, who said Apple is raising prices on its devices after an “unprecedented” increase in the prices and availability of memory chips.
Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview. A surge in AI-driven demand for data centers has forced consumer electronics companies into a fierce competition for dwindling supplies of the key components, driving prices sharply higher. Groups representing automakers, retailers, electronic firms and others had warned earlier this month that the increasing demand for memory chips could lead to dramatic price hikes in U.S. consumer goods and disrupt supply chains.
BOCA RATON, Fla., June 17, 2026 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the leader in smart home security solutions, today announced it has joined the Board of Directors of the Connectivity Standards Alliance (CSA), the global organization behind Matter, Zigbee and Aliro, foundational standards shaping the future of connected living. The appointment places ADT alongside leading technology innovators including Apple, Google, Amazon, Samsung and LG, reinforcing the company’s role in guiding the
(Bloomberg) -- Apple Inc. is preparing a second-generation iPhone Air for spring 2027, aiming to boost the appeal of the slimmed-down device, according to people with knowledge of the matter.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealApple Plans Camera AirPods Alongside Upgraded Foldable iP
Investors questioned Apple's AI progress after WWDC, with delayed features and limited initial availability.
Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPD
Tech stocks were higher Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF
This is the third piece in a series examining "boring" large-cap stocks that have outperformed the Nasdaq-100 over the past five years. The first piece introduced the five companies and the data. The second piece covered defense and nuclear supplier Curtiss-Wright. This week: a company that moves ...
The company that ends up defining a new gadget is rarely the one that ships it first. Being first means being early, and being early means paying to teach everyone else why they should care. Smart glasses have lived in that expensive waiting room for years. Meta (META) turned camera-equipped ...
Apple stock has been flat over the last month.
Apple benefits from strong iPhone demand, record Services growth and expanding AI innovation, reinforcing its long-term growth prospects.
Apple marketed Siri AI features as a selling point for select iPhone 16 and 15 models — but many weren't available at launch.
GOOGL's AI-powered Search and Cloud growth offer upside, but high capex, competition and stretched valuation keep investor caution high.
The Dow Jones Industrial Average was up, while the S&P 500 Index and Nasdaq Composite were down in l
Nearly 72% of LGBTQ+ consumers say they buy fewer products from companies they see as reducing diversity commitments, a new HRC survey found
The S&P 500 Index ($SPX ) (SPY ) today is down -0.15%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. June E-mini S&P futures (ESM26 ) are down -0.17%, and June E-mini Nasdaq futures...
We recently published Jim Cramer Called SpaceX A Meme Stock & Discussed These 7 Stocks. Nvidia Corp (NASDAQ:NVDA) is one of the stocks discussed by Jim Cramer. Once Wall Street’s AI darling, Nvidia Corp (NASDAQ:NVDA)’s shares have been muted in 2026. They are up by a modest 12.5% year-to-date. Despite the modest performance, Cramer has […]
(Bloomberg) -- Apple Inc. investors are losing patience with the company’s talk about becoming a more formidable presence in artificial intelligence and want to start seeing some results.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealApple Plans Camera AirPods Alongside Upgraded Foldable iPhone
We just covered Billionaire Dan Loeb Pivots to AI and Sells Old Economy Stocks: His Top 7 AI Picks. Taiwan Semiconductor (NYSE:TSM) ranks #1 (see Billionaire Dan Loeb’s Top 5 AI Stock Picks). Billionaire Dan Loeb’s Stake: 275,000 Shares Valued at Approximately $92.93 Million Taiwan Semiconductor (NYSE:TSM) manufactures the physical chips designed by virtually every major semiconductor company […]
If you are wondering whether Apple stock still offers value after its strong run, the answer depends heavily on how you look at price versus fundamentals. At a last close of US$299.24, Apple has returned 3.0% over the past week, was roughly flat over the past month with a 0.3% decline, and has delivered 10.4% year to date, 53.6% over 1 year, 64.0% over 3 years, and 129.1% over 5 years. Recent coverage around Apple has continued to focus on its role as a large US tech stock and a key holding...