Apple could be forced to detail more of its AI activity, after a proposal asks shareholders to expose whether Apple is truly working ethically in the field when training Apple Intelligence.
Netflix, Inc. (NFLX) kicked off tech earnings with a stellar report and the S&P 500 closed at a fresh closing high on Thursday, driven by expectations of a strong reporting season. Five of the Magnificient seven stocks are scheduled to disclose their quarterly scorecards in the upcoming week,
Calif., disclosed several new stock trades involving Big Tech names like Nvidia, Apple, Alphabet and Amazon that occurred in the last month.
In a rare move, analysts at Jefferies downgraded one of the largest companies in the world, Apple ( AAPL -0.39%), to underperform. Wall Street analysts are known for being bullish, so underperform and sell ratings tend to make up only a small percentage of overall analyst ratings.
With the dominant iPhone franchise, Apple has grown into one of the largest companies in the world in the last two decades. Over its fiscal 2024 (ended Sep.28), the company reported $391 billion in revenue, with over half of these sales coming from the iPhone segment. Ten years ago, the company was generating under $200 billion in revenue.
Shares of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), known for its Google subsidiary, are up an impressive 34% in the past year and currently trading just a few points from their all-time high. Despite facing heightened regulatory scrutiny and questions about whether its core search business is losing its relevancy in the age of artificial intelligence (AI),
Apple could benefit from China's DeepSeek, which appears to deliver cheaper AI models. Its competitors have already spent big on their own efforts.
The emergence of DeepSeek and the potential undoing of Nvidia’s dominance, even momentarily, is a stark reminder of the need for diversification and the fragility of markets. Top1000funds.com take a look at what the market rout means for long-term portfolios.
Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling a sluggish start to the trendsetting company’s effort to catch up to the rest of Big Tech in the race to bring artificial intelligence to the masses.
Not unlike many other tech peers, Apple stock is trading at historically high valuations. Shares of Apple are trading at 31.4 times earnings expected over the next 12 months. That’s more than their five-year average of 26.
A company’s ability to pay a dividend to shareholders means its business is sufficiently successful to generate profits. Such companies usually grow at a consistent pace and those that are able to consistently increase dividends gain status into the Dividend Aristocrat Club.
Elon Musk said there is a path for Tesla to become worth more than the next five most valuable companies combined. That’s Apple, Nvidia, Microsoft, Amazon.com, and Alphabet. Their market values total roughly $15 trillion.