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Apple (AAPL) Declined Defies Strong Fundamentals
Insider Monkey111d agoneutral
Apple (AAPL) Declined Defies Strong Fundamentals

The London Company, an investment management company, released its first-quarter 2026 investor letter for its “The London Company Income Equity Strategy”. A copy of the letter is available to download here. In early 2026, US equities declined, with the Russell 3000 falling 4% and the S&P posting losses. The year began positively on a broad […]

Apple Might Haven Taken Aim at OpenAI with New Announcement. There’s Only One Problem.
24/7 Wall St.111d agoneutral
Apple Might Haven Taken Aim at OpenAI with New Announcement. There’s Only One Problem.

Apple (NASDAQ:AAPL) stock has not reacted all too positively amid WWDC 2026. Undoubtedly, that’s not because the presentation disappointed. There were ample AI innovations under the hood, but, in terms of the surprise factor, not much wasn’t on the bingo cards of investors going into the big week. Siri AI is finally here, and the ... Apple Might Haven Taken Aim at OpenAI with New Announcement. There’s Only One Problem.

Why One AI Giant Is Paying ~2.2X per GPU More Than What Anthropic Pays SpaceX
24/7 Wall St.111d agoneutral
Why One AI Giant Is Paying ~2.2X per GPU More Than What Anthropic Pays SpaceX

Just in time for that big SpaceX (SPCX) IPO, the firm announced that Alphabet‘s (NASDAQ:GOOG) Google has inked a $920 million per-month deal for AI compute that’ll run through the middle of 2029. Undoubtedly, the deal entails 110,000 worth of Nvidia (NASDAQ:NVDA) GPUs, which might seem like a worse deal than Anthropic got when it ... Why One AI Giant Is Paying ~2.2X per GPU More Than What Anthropic Pays SpaceX

Apple EU AI Delay Puts Spotlight On Valuation And Growth Expectations
Simply Wall St.111d agoneutral
Apple EU AI Delay Puts Spotlight On Valuation And Growth Expectations

Apple (NasdaqGS:AAPL) is delaying the launch of its new Siri AI and Apple Intelligence features in the European Union. The initial rollout will focus on the U.S. and select other markets while Apple works to address EU regulatory requirements, including the Digital Markets Act. The decision limits access to these next-generation AI tools for hundreds of millions of European users at launch. For readers following Apple, this development comes right after the company highlighted a rebuilt...

Forget VOO: Fidelity’s Tech ETF Is Up 29% While the Broad Market Lags
24/7 Wall St.111d agoneutral
Forget VOO: Fidelity’s Tech ETF Is Up 29% While the Broad Market Lags

A $10,000 position in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) on the last trading day of 2025 was worth about $12,480 by the close on June 8, 2026, a gain that arrived in roughly five months while the broad market did something far more modest. The same $10,000 parked in Vanguard S&P 500 ETF ... Forget VOO: Fidelity’s Tech ETF Is Up 29% While the Broad Market Lags

A glossary to help understand what happens in an initial public offering
Associated Press111d agoneutral
A glossary to help understand what happens in an initial public offering

Anyone following SpaceX's plans to sell shares to the public is likely to hear terms thrown around that describe steps and components of an initial public offering. It is the first time a company's value will be determined by a public market. For example, Apple is traded as “AAPL” on the Nasdaq and Macy's is traded as “M” on the New York Stock Exchange.

Bank of America sends clear message on Apple stock after key event
TheStreet111d agoneutral
Bank of America sends clear message on Apple stock after key event

Apple shares fell 3.64% on June 9 after the company's annual Worldwide Developers Conference (WWDC) failed to deliver the major surprises some investors were hoping for. WWDC is Apple's important event of the year, where the company usually unveils updates to iOS, macOS, iPadOS, and other products. ...

Why Apple (AAPL) Shares Are Sliding Today
StockStory111d agoneutral
Why Apple (AAPL) Shares Are Sliding Today

Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) fell 3.3% in the afternoon session after the WWDC keynote did not deliver the kind of AI leap many investors had been positioning for.

Apple Will Run Advanced AI Model on Nvidia GPUs via Google Cloud, Ditching Private Infrastructure
24/7 Wall St.112d 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

Alphabet’s AI Spend, Waymo Expansion And Search Shifts Weigh On Valuation
Simply Wall St.112d agoneutral
Alphabet’s AI Spend, Waymo Expansion And Search Shifts Weigh On Valuation

Alphabet (NasdaqGS:GOOGL) agreed to a multi year AI cloud deal with SpaceX, paying US$920 million per month through June 2029 for access to 110,000 Nvidia GPUs. Waymo acquired a 5,500 acre autonomous vehicle testing site in Arizona that was previously used by Apple for self driving development. Google introduced Search profiles, giving publishers and creators dedicated pages in Google Search that may affect how content is discovered and monetized. These moves touch three core areas for...

Elon Musk Says He’s Building a Chip “2 to 3 Times” Better Than NVIDIA at 10% The Cost. Is He Bluffing?
24/7 Wall St.112d agoneutral
Elon Musk Says He’s Building a Chip “2 to 3 Times” Better Than NVIDIA at 10% The Cost. Is He Bluffing?

Tesla (NASDAQ:TSLA) CEO Elon Musk dropped a striking claim during a recent conversation with Baron Capital founder Ron Baron, circulated widely after being posted to X by @carm1nee. Musk said he is building a chip that will be “two to three times better than NVIDIA” at 10% of the cost, with a specific focus on ... Elon Musk Says He’s Building a Chip “2 to 3 Times” Better Than NVIDIA at 10% The Cost. Is He Bluffing?

Elon Musk Just Created $26 Billion a Year for SpaceX Days Before the IPO
24/7 Wall St.112d agoneutral
Elon Musk Just Created $26 Billion a Year for SpaceX Days Before the IPO

The market is gearing up for a SpaceX IPO on June 12, and it feels like yesterday that the business confidentially filed for its IPO. That was on April 1 this year. You would expect quiet action since then, but the space-AI hybrid is accelerating before the ticker goes live. SpaceX has signed two monster ... Elon Musk Just Created $26 Billion a Year for SpaceX Days Before the IPO