In early August, former Walt Disney CEO Bob Iger and investor Josh Kushner bought a majority stake in the Los Angeles Lakers at a record $12.5 billion valuation—$2.5 billion more than the sale price a year ago. Another is not-so-obvious: tax benefits. Since 2004, pro franchises have been considered “Section 197 intangibles,” says tax expert Robert Willens.
Apple Inc. has reportedly eliminated more than 200 jobs across its Siri, software engineering, and Vision Pro divisions to focus on artificial intelligence capabilities.
Here’s what could be next for Nvidia stock.
The conglomerate's new CEO spent the second quarter selling the bank Buffett had been selling for two years -- and buying the airline Buffett sold out of in 2020.
On August 10, Jefferies downgraded Apple Inc. (NASDAQ:AAPL) to underperform from hold, cutting its price target to $263.66 from $285.56, implying roughly a 16% downside from Friday’s close of $313.33. Analyst Edison Lee said supply chain checks show Apple has canceled its planned all-glass 20th-anniversary iPhone, expected to launch in September 2027, due to poor […]
Apple has admitted that some roles are being impacted as it shifts its focus away from certain initiatives.
Apple's stock commands a premium price among its peers, but its growth and profit metrics tell a different story. Is the market paying for the past or the future.
Bank of America sees a more aggressive AI era under John Ternus.
Investors are debating whether Apple's next chief executive must abandon its restrained infrastructure strategy to compete.
Las Vegas permits strengthen Alphabet's claim that autonomous driving is becoming a commercial platform rather than a research project.
Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg published a lengthy letter on August 10 making the case that artificial intelligence should be spread broadly rather than controlled by a handful of companies or governments. He also announced that Meta will start releasing open-source AI models again. Around the same time, the Wall Street Journal reported […]
The retail giant will begin rolling out contactless payments at select Walmart and Sam’s Club locations on August 24, with a nationwide rollout planned by year-end.
Anthropic's (ANTH.PVT) IPO paperwork could be filed as soon as this month, potentially beating OpenAI (OPAI.PVT) to the punch. Yahoo Finance Technology Editor Dan Howley outlines what we know so far.
A shrinking share count has handed Dell holders faster earnings growth than the business itself produced, and the stock's run has just made that machine much costlier to keep running.
Tech stocks were higher late Friday afternoon, with the State Street Technology Select Sector SPDR E
Tap to Pay begins rolling out Aug. 24 across select U.S. locations.
The world's largest foundry is rebounding as investors prepare for the earnings report that could reset semiconductor expectations.
Investing.com -- Apple Inc. is eliminating jobs across teams working on the Siri digital assistant and Vision Pro headset as the company shifts its focus toward new devices and artificial intelligence, Bloomberg reported Friday.
BMO initiates coverage on Broadcom stock with an "Outperform" rating. Here’s how high it believes AVGO shares could fly in 2026.