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Why I Can’t Stop Buying This $3 Trillion Tech Titan Even as a “Rate Shock” Threatens to Tank Wall Street
24/7 Wall St.98d agobullish
Why I Can’t Stop Buying This $3 Trillion Tech Titan Even as a “Rate Shock” Threatens to Tank Wall Street

I keep hitting the buy button on Apple (NASDAQ:AAPL), and the June panic over Fed Chair Kevin Warsh has only made my finger faster. Momentum traders are dumping high-flying tech indiscriminately, terrified Warsh will hold or hike to stamp out sticky inflation, and Apple has been dragged back under the $300 threshold at $299.24. I ... Why I Can’t Stop Buying This $3 Trillion Tech Titan Even as a “Rate Shock” Threatens to Tank Wall Street

Gas prices fall but chip demand is causing a new headache
Yahoo Finance Video98d agobearishVIDEO
Gas prices fall but chip demand is causing a new headache

Consumers may finally be getting some relief at the pump, with gas prices falling to their lowest levels since March following the Iran peace deal. But any savings could be offset elsewhere, as the AI-driven chip shortage pushes up the price of Apple (AAPL) iPhones. Hennion & Walsh CIO Kevin Mahn and Yahoo Finance Senior Business Reporter Ines Ferre join Julie Hyman to discuss the latest pressures on consumers and how the Fed is navigating the shifting inflation landscape.

Apple Will Run Advanced AI Model on Nvidia GPUs via Google Cloud, Ditching Private Infrastructure
24/7 Wall St.107d agoneutral
Apple Will Run Advanced AI Model on Nvidia GPUs via Google Cloud, Ditching Private Infrastructure

Apple (NASDAQ:AAPL), the most vertically integrated company in tech, is turning to Nvidia and Google Cloud to power its most advanced AI workloads. According to CNBC’s MacKenzie Sigalos, Apple software chief Craig Federighi confirmed that the company’s new frontier language model, FM Cloud Pro, will run on Nvidia GPUs hosted in Google Cloud for agentic ... Apple Will Run Advanced AI Model on Nvidia GPUs via Google Cloud, Ditching Private Infrastructure

Stocks Are Flirting With a Dangerous Valuation Trap
Barrons.com107d agoneutral
Stocks Are Flirting With a Dangerous Valuation Trap

What hasn’t really moved, however, is the longer end of the bond market, where yields remain elevated and forecasts for Federal Reserve rate hikes are getting increasingly aggressive following last week’s stronger-than-expected payroll data, and ahead of Wednesday’s May inflation readings. The higher yields, which have for the most part echoed market bets on a Fed rate hike before the end of the year, now priced at around 70% by the CME Group’s FedWatch, also seem to be resetting at levels that could make stock markets uncomfortable. Its closest comparison in the bond markets, the yield on 3-month Treasury bills, is holding at around 3.7%.

Bloomberg108d agoneutral
Trump’s $100,000 H-1B Visa Application Fee Rejected by Judge

(Bloomberg) -- A federal judge struck down a $100,000 fee President Donald Trump ordered for H-1B visa applications, providing a reprieve for US technology companies that rely on hiring skilled foreign workers.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Stri

Apple Knocks Big Tech Rivals for Making 'AI for the Sake of AI'
Barrons.com108d agoneutral
Apple Knocks Big Tech Rivals for Making 'AI for the Sake of AI'

As he announced Apple's new AI services, senior VP Craig Federighi was critical of other companies' pursuit of AI. "Some appear to be racing forward, seemingly pursuing AI for the sake of AI. without clear regard for the people--all of us--that it's ultimately meant to serve," he said.

As Changing Fed Expectations Rattle Tech Stocks, This Cash-Generating Titan Is The Clear Winner
24/7 Wall St.108d agoneutral
As Changing Fed Expectations Rattle Tech Stocks, This Cash-Generating Titan Is The Clear Winner

Micron Technology (NASDAQ:MU) is the stock everyone wants to talk about right now, with shares up 202.87% year to date on an AI memory supercycle narrative that has order books reportedly stretching into 2027. But here’s what you should actually be watching. The Crowded Trade At The Top Of Its Cycle Micron just reported a ... As Changing Fed Expectations Rattle Tech Stocks, This Cash-Generating Titan Is The Clear Winner

Week ahead: SpaceX readies for liftoff as inflation clouds gather
Proactive108d agoneutral
Week ahead: SpaceX readies for liftoff as inflation clouds gather

Wall Street heads into a big week after a sharp selloff rattled investors, with inflation data, Apple's annual developer conference and the highly anticipated SpaceX initial public offering set to dominate market attention. Stocks ended last week under pressure after a stronger-than-expected...

SpaceX IPO, Inflation Report: What to Watch This Week
The Wall Street Journal108d agoneutral
SpaceX IPO, Inflation Report: What to Watch This Week

Investors are counting down to the end of the week when Elon Musk’s rocket maker SpaceX is expected to start trading on the Nasdaq in what could be the largest IPO on record. Also, Apple’s developer conference kicks off Monday where the tech giant will unveil its latest tools and technologies.

Dangote Is Doubling Giant Oil Refinery and Plotting Trading Push
Bloomberg112d agoneutral
Dangote Is Doubling Giant Oil Refinery and Plotting Trading Push

(Bloomberg) -- Aliko Dangote has started work to double capacity at his huge oil refinery in Nigeria, which when finished will rival the world’s largest site and give Africa’s richest person a stronger grip of global fuel supply chains.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborBroadcom Slides by Most in More Than a Year on AI Outlook MissTru

Palo Alto CEO’s Pay, Now Nearly $100 Million, Is Most Rejected in Corporate America
Bloomberg114d agoneutral
Palo Alto CEO’s Pay, Now Nearly $100 Million, Is Most Rejected in Corporate America

(Bloomberg) -- Shareholders at Palo Alto Networks Inc. have a recurring beef with the company over how much it pays the chief executive officer and other senior leaders. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedA ma

SpaceX's Secret Metric
Trefis119d agoneutral
SpaceX's Secret Metric

Imagine a private company pouring billions into unproven mega-rockets and moonshot ambitions suddenly being valued at over $1.75 trillion. Almost 2x what Apple was worth a decade ago. More than the GDP of most nations.