Apple just laid off over 100 people from Siri and machine learning teams while simultaneously betting its future on a rebuilt Siri that has already missed its own reliability bar once. Whether this is smart pruning or a dangerous gamble depends on what comes next.
NVIDIA beats Q2 estimates and sees 70% fiscal 2028 revenue growth, while NVDA-heavy ETFs offer exposure with less company-specific risk.
The tech sector looks set for an everything rally Thursday. Nvidia blowout earnings and a flurry of encouraging results from software companies, including Salesforce and Okta have reignited the artificial-intelligence trade. Apple was down 0.6% and Microsoft was up just 0.1%, while Alphabet and Amazon were also lower and Meta Platforms was up 0.7%.
Apple just posted its best June quarter ever while Microsoft locked up $678 billion in contracted backlog, but only one of these titans is making the kind of bet that shapes the next decade of enterprise technology.
The ETF invests only in "Magnificent Seven" stocks.
Look at the largest holdings of some of the most popular value funds and you might be surprised. The average fund in Morningstar’s Large Value category now has 18% of its portfolio in tech stocks that look expensive by classic valuation metrics. Benjamin Graham and David Dodd, the authors of the famous tome Security Analysis, believed investors should buy stocks trading below book value, an asset-based measure of a company’s net worth on its balance sheet.
A major hardware test is now less than two weeks away
Fourfold AI-performance gains give Apple a device-led answer to rivals spending hundreds of billions on data centers.
A $30 billion wireless contract offers stability while competition enters Broadcom's more valuable custom-AI territory.
The company is expected to unveil its first foldable iPhone under new CEO John Ternus.
Rockpoint, a Boston-based real estate private equity firm, and Holland Partner Group, a fully integrated real estate investment company, today announced that they have entered into a joint venture to develop Stevens Creek, a new multifamily community located at 3896 Stevens Creek Boulevard in west San Jose, California. The transaction includes the acquisition of the development site, and construction of the new property. Financial terms of the transaction were not disclosed.
Apple's next CEO has a deep background in product design, working under Steve Jobs.
Nvidia is picking up its cash handouts to shareholders finally.
Apple investors were just reminded of how challenging the bottom-line outlook for the iPhone maker is in the near term, thanks to surging memory chip prices.
Venture capitalist Jason Calacanis predicts Tesla Inc. will turn its Optimus humanoid robot into a product bigger than Apple Inc.’s iPhone, forecasting 1 billion Optimus robots worldwide by 2036. Calacanis Says Optimus Could Eclipse iPhone Speaking on the This Week...
Apple's rare Bay Area layoffs hit Vision Pro and Siri teams amid AI shake-up
Apple confirms its September 9 'Surprise and shine' keynote, where the iPhone 18 Pro and a foldable iPhone should debut.
Apple is making the right moves to keep margins high, but shareholders should keep an eye on this space.
Apple just made a major bet on where your AI should live