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Apple Inc
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AAPL News30 articles
Intel Shares Slide 13% as Chip Rout Deepens, Apple Deal Fails to Sustain Rally
Intel shares dropped 13% for the week, closing at $108.77, as a broader chip selloff and market share losses to AMD and Arm erased gains from a reported Apple chip deal.
Wall Street Slumps as Oil Surge, Yields Jolt AI Rally
U.S. stocks fell more than 1% Friday as oil surged and Treasury yields climbed, pressuring AI stocks and raising Fed rate hike concerns.
Apple-OpenAI Partnership Under Legal Strain Ahead of WWDC
OpenAI considers legal action against Apple over their ChatGPT-iPhone partnership, citing unmet integration and subscription goals. Apple's AI plans loom at WWDC starting June 8.
Intel Shares Slide as Server Chip Market Share Erodes to AMD and Arm
Intel shares tumbled 6.5% Friday after UBS data revealed its server CPU market share fell to 54.9% in Q1, while AMD and Arm advanced. The drop extends a three-day slide amid profit-taking in chip stocks and persistent rate worries.
Apple Retreats from $300 as OpenAI Legal Threat Looms
Apple shares slipped 0.2% to $298.21 after Reuters reported OpenAI is considering legal action over a strained partnership. The dip came despite record quarterly revenue of $111.2 billion.
Apple Warns EU Android Rules Could Threaten Privacy and Security
Apple cautioned the EU that requiring Android to open core features to rival AI assistants may compromise privacy, security, and device performance.
Alphabet's Global Bond Blitz Fuels AI Spending Spree
Alphabet is tapping global bond markets with its first yen-denominated sale as part of a $60 billion debt push to fund AI expansion. Google Cloud revenue rose 63% last quarter.
Apple Backs Google in EU Digital Markets Act Dispute
Apple cautioned EU regulators that proposed DMA rules requiring Android to open features to competing AI services could endanger privacy and security. Alphabet shares rose 4% after strong Q1 results.
Wall Street Hits New Peaks as Tech Surge Overrides Inflation Jitters
The S&P 500 and Nasdaq Composite closed at record highs Wednesday, shrugging off a hotter-than-expected April producer price report that pushed back Fed rate-cut expectations.
Apple Warns EU Over AI Interoperability Rules as Stock Nears $300
Apple flags EU draft rules requiring Android to open to competing AI services as a 'profound risk,' while its stock nears $300 and CEO Cook joins Trump for China trade talks.
Intel's 440B Rally Hits a Wall as Short Sellers Return
Intel shares fell 2% as short interest surged near a 52-week high, putting pressure on the six-week rally that added $440 billion in market cap.
BofA Raises Coherent Target to $400 on AI Optical Demand
BofA increased Coherent's price target to $400, highlighting AI-driven demand for 800G and 1.6T optical transceivers. Revenue jumped 21% to $1.81B. Neutral rating kept.
Apple Shares Hold Ground as Inflation Data Rattles Tech Sector
Apple shares edged up 0.4% to $293.85 on Tuesday, outperforming other megacap tech stocks as April inflation rose 3.8%, pressuring the broader market.
Intel Retreats as AI Foundry Rally Fades Amid Valuation and Macro Headwinds
Intel shares slipped 2.8% to $125.84, pulling back from a rally fueled by foundry and AI optimism, as valuation concerns and inflation data pressure the stock.
Dow Closes Modestly Higher as AI Chip Rally Offsets Oil Price Jitters
The Dow Jones edged up 100 points on Monday as AI chip stocks rallied, offsetting concerns over rising oil prices and stalled U.S.-Iran talks.
Wall Street Hits New Peaks as AI and Chip Stocks Drive Rally Amid Oil Price Surge
S&P 500 and Nasdaq hit new all-time highs, buoyed by AI and semiconductor stocks, as Brent crude rises 2.9% on geopolitical tensions. The Dow was little changed.
Qualcomm Hits Record High on AI Data Center Push, Shifting Investor Focus
Qualcomm shares hit an all-time high amid a chip rally, as investors pivot to its data center ambitions. Q2 revenue reached $10.6B, and a $20B buyback was authorized.
Blue-Chip Dow Edges Higher as Oil Surge Tests Rally
The Dow edged up 85.76 points Monday as oil jumped 3% on US-Iran tensions, while the S&P 500 and Nasdaq held gains ahead of Tuesday's CPI report.
VTI vs ITOT: Low-Cost Total Market ETFs Face Tech-Heavy Risk
VTI and ITOT, two low-cost total market ETFs, saw inflows on May 7 as U.S. equity funds attracted $5.83B. Both remain heavily weighted toward big tech, raising concentration risk.
AMD Stock Climbs as AI Demand Fuels Data-Center Growth, Wall Street Eyes Valuation
AMD shares extend AI rally after strong Q1 earnings, with data-center revenue surging 57%. Wall Street analysts raise price targets but note rich valuation.
Intel Shares Hit Record on Apple Foundry Deal Report; BofA Warns Rally Overdone
Intel shares jumped 14% to a record $124.92 after reports of a preliminary chipmaking deal with Apple. BofA raised its price target but maintained an Underperform rating, saying the potential deal is already priced in.
Intel Stock Jumps 14% on Apple Foundry Deal: The Real Test Begins
Intel shares surged 13.9% on a reported preliminary chipmaking deal with Apple, but with a $2.44B foundry loss, the real test lies ahead.
Apple's Rally Faces Inflation Data, AI Hype, and Intel Chip Deal
Apple stock trades near $293 as the market braces for inflation data and an Intel chip deal report. AI optimism and strong earnings support the rally.
Intel Shares Surge on Preliminary Apple Chip Manufacturing Deal
Intel shares surged 14% after a preliminary deal to manufacture chips for Apple was reported. The agreement could be a major win for Intel's foundry business.
S&P 500 and Nasdaq Close at All-Time Highs on Strong Jobs Data and AI Chip Surge
The S&P 500 and Nasdaq closed at record highs Friday, fueled by a robust jobs report and a surge in AI chip stocks. The S&P 500 gained 2.3% for the week, the Nasdaq 4.5%.
HP Stock Surges Ahead of Earnings as AI PC Hype Meets Margin Pressure
HP Inc. shares jumped 8% to $22.68 on Friday, rebounding ahead of its fiscal Q2 earnings report on May 27, with AI PC demand and rising memory costs in focus.
Wall Street Hits New Highs on Tech Surge; Dow Flat Despite Jobs Data
The S&P 500 and Nasdaq hit record highs Friday, driven by AI and semiconductor stocks, while the Dow Jones barely budged after a solid jobs report.
Intel Stock Hits Record on Apple Chip Deal Speculation, TSMC Faces Heat
Intel shares hit a record high following a report of a preliminary deal with Apple for chip manufacturing, while Apple explores alternatives to TSMC.
S&P 500 and Nasdaq Scale New Peaks on Robust Jobs Data
The S&P 500 and Nasdaq reached all-time highs midday Friday, buoyed by stronger-than-expected April jobs data and gains in Nvidia and Apple.
Dow Steady as Strong Jobs Data Dims Rate Cut Hopes, Tech Surges
The Dow Jones slipped 0.03% on Friday as strong April jobs data reduced hopes for a Federal Reserve rate cut, while tech stocks like Nvidia and Apple surged over 2%.