Tech stocks were higher Monday afternoon, with the State Street Technology Select Sector SPDR ETF (X
Are cheap Chinese chips coming to steal Micron's market share -- and profits?
Investing.com -- Alphabet Inc. (NASDAQ:GOOGL) shares rose 3.7% to $350.24 on Monday as the Google parent company began trading as a member of the Dow Jones Industrial Average, replacing Verizon Communications (NYSE:VZ).
Will cheap Chinese chips steal Sandisk's market share -- and profits?
Microsoft (NASDAQ:MSFT) is the stock every cloud bull and AI evangelist keeps pointing at, drawn by an AI business that just crossed a $37 billion annual run rate and Azure growth holding at 40%. But here’s what you should actually be watching. The Capex Furnace Nobody Wants to Price Microsoft just spent $30.88 billion on ... Apple vs. Microsoft: The Enterprise Capex Bubble vs. The Asset-Light Consumer Fortress
Charter Communications stock is at the top of the S&P 500. SpaceX and Comcast are part of the move with possible changes coming to U.S. Internet providers.
The bank’s top equity strategist thinks artificial-intelligence spending will be the big story again for this coming second-quarter earnings season.
Alphabet shares climbed on Monday as the Google parent made its debut in the blue-chip Dow Jones Industrial Average, replacing Verizon Communications, and immediately ranking among its most influential members. • Its shares rose 3.7% to $350.24, offering one of the biggest boosts to the 30-member Dow. • The company replaced Verizon on the index, S&P Dow Jones Indices said in an announcement on June 23.
Amazon stock climbed Monday after a rough week for shares of the e-commerce and cloud-computing behemoth.
STORY: Apple accused India’s antitrust watchdog of "copy-pasting" rivals' claims in the latest escalation of their ongoing fight. Regulatory papers reviewed by Reuters showed that Apple said the body failed to conduct its own probe after it concluded the tech giant breached competition laws.Apple has called for the findings to be quashed. It marks the sharpest move yet in Apple's conflict with the Competition Commission of India (CCI)...Where Tinder-owner Match and Indian firms like Paytm are among its opponents.In 2024, India’s watchdog published a report saying Apple engaged in "abusive conduct" on the apps platform of its iOS operating system...And that Apple wrongly mandated the use of its payment system.Apple has denied the allegations. The tech giant instead branded itself a “miniscule player” in India with a sub-6% share of India's smartphone market.And said that any forced alterations to its App Store could disrupt its integrated business model.Similar arguments by other big companies, like Alphabet’s Google in 2023, have failed to sway the watchdog.The CCI and its head of investigations] did not respond to Reuters queries. Apple also did not respond to requests for comment.
Tech stocks enter the final few days of the quarter in the aftermath of one of their worst weeks of the year.
Samsung (005930.KS) and SK Hynix (000660.KS) are investing $880 billion in South Korea's artificial intelligence (AI) build-out. Yahoo Finance Technology Editor Dan Howley outlines the details.
Due to the attention given to their trillion dollar market caps and preoccupation with A.I., the Magnificent 7 stocks (Apple, Amazon, Alphabet/Google, Meta Platforms/Facebook, Nvidia, Microsoft, and Tesla) often make people forget that there are 493 other stocks in the S&P 500 worth investors’ consideration. Case in point: investors seeking a combination of income ... Invesco’s SPHD Pays 4.57% While the S&P 500 Pays 0.98%, And It Is Up This Year Without the Tech Bubble Risk
Micron Technology (NASDAQ: MU) and Apple (NASDAQ: AAPL) just reported earnings that expose who holds the AI era’s supply chain leverage. Micron posted a record fiscal Q3 with an 84.9% non-GAAP gross margin. Apple delivered its best March quarter ever at $111.184 billion while flagging reliance on third parties for components as a core risk. ... Micron Extorts the Supply Chain to Leave Apple Carrying the Consumer Backlash
Despite avoiding the massive spending on AI, Apple's feeling the crunch in demand for chips.
The first bear catalyst is a report that Apple is seeking U.S. government approval to source DRAM from Chinese chipmaker CXMT, which appears on the Commerce Department's Entity List. Apple's interest in Chinese memory is a symptom of industry-wide scarcity, not a Micron-specific problem.
It's been a horrid year so far for the Magnificent Seven.
The Invesco QQQ ETF has more than doubled the S&P 500's 10-year returns. Can its tech-heavy portfolio continue to outperform over the next decade?
Apple's price hikes on a range of products due to rising memory chip costs might not fully cover its increased expenses.
Apple and Microsoft can raise prices, but smaller device makers face a tougher squeeze.