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Prominent Tech Investor: ‘When We Were Buying Nvidia in 2023, We Were Paying 4 Times Earnings’
24/7 Wall St.112d agobullish
Prominent Tech Investor: ‘When We Were Buying Nvidia in 2023, We Were Paying 4 Times Earnings’

Alex Sacerdote, founder of Whale Rock Capital, dropped a line on a recent Invest Like the Best episode that stopped listeners cold: “When we were buying Nvidia in 2023, we were paying 4 times earnings. When we bought Tesla in 2019 for the car S-curve, we were paying 5 times earnings. When we were owning ... Prominent Tech Investor: ‘When We Were Buying Nvidia in 2023, We Were Paying 4 Times Earnings’

Apple shares slip as analysts offer mixed read on WWDC AI progress
Proactive112d agoneutral
Apple shares slip as analysts offer mixed read on WWDC AI progress

Apple Inc (NASDAQ:AAPL, XETRA:APC) shares were down 4% on Tuesday afternoon after the company's annual developer conference left some investors questioning the pace of its artificial intelligence rollout, even as analysts broadly viewed the event as a step forward. At its Worldwide Developers...

Palantir vs. Apple: Which Stock Offers More Upside in 2026?
24/7 Wall St.112d agoneutral
Palantir vs. Apple: Which Stock Offers More Upside in 2026?

Apple (NASDAQ: AAPL) and Palantir (NASDAQ: PLTR) both posted their eighth straight EPS beat this spring, but the businesses behind the numbers could not look more different. Apple is selling more iPhone 17 units to a 2.5 billion device installed base. Palantir is signing AI deployment contracts at a pace that doubled its U.S. business. ... Palantir vs. Apple: Which Stock Offers More Upside in 2026?

Where Alphabet Stock Is Most Exposed
Trefis112d agoneutral
Where Alphabet Stock Is Most Exposed

After a strong run that has left the stock near its high, it’s easy for Alphabet (GOOGL) investors to focus on the rapid growth in AI and the cloud. But with expectations this high, the most important number to watch may not be a growth rate. It’s a measure of profitability that has quietly stretched to a level that warrants a closer look: the net profit margin.

Apple WWDC: Can Rebuilt Siri Finally Prove Two-Year AI Vision Pays Off?
24/7 Wall St.112d agoneutral
Apple WWDC: Can Rebuilt Siri Finally Prove Two-Year AI Vision Pays Off?

Apple (NASDAQ:AAPL) finally put its rebuilt Siri on the WWDC stage on Monday, June 8, and the market verdict was swift. The stock spiked 3% during the keynote and flipped negative at the top of the hour, as investors concluded the long-awaited AI reveal landed roughly on par with what Alphabet (NASDAQ:GOOGL) already offers through ... Apple WWDC: Can Rebuilt Siri Finally Prove Two-Year AI Vision Pays Off?

Qualcomm Drops 8% on ByteDance ASIC Deal, Marvell Falls 10% as Custom-Silicon Stocks Slide
24/7 Wall St.112d agobearish
Qualcomm Drops 8% on ByteDance ASIC Deal, Marvell Falls 10% as Custom-Silicon Stocks Slide

Shares of Qualcomm (NASDAQ:QCOM) are down 8% to $201 in Tuesday morning trading, while Marvell Technology (NASDAQ:MRVL) shares are off 10% to $260. The catalyst centers on news that ByteDance is moving forward with a custom AI silicon (ASIC) deal that touches Qualcomm directly, reshaping the merchant custom-silicon narrative across the sector. The selling action ... Qualcomm Drops 8% on ByteDance ASIC Deal, Marvell Falls 10% as Custom-Silicon Stocks Slide

Apple is bringing a more 'mainstream' AI to its customers: Analyst
Yahoo Finance Video112d agoneutralVIDEO
Apple is bringing a more 'mainstream' AI to its customers: Analyst

Apple (AAPL) showcased its new AI-powered Siri (Siri AI) at its 2026 Worldwide Developers Conference (WWDC), a long-awaited entry into the AI race from the iPhone maker as it offers a more personal style of digital assistant. Creative Strategies CEO and principal analyst Ben Bajarin speaks with Julie Hyman about Apple's strategy to bring AI to the mainstream for its consumers. This was Tim Cook's final WWDC as Apple CEO before he steps down this September, transitioning into an executive chairman role.

Apple may struggle with 'simple' AI narrative in short term
Yahoo Finance Video112d agoneutralVIDEO
Apple may struggle with 'simple' AI narrative in short term

Apple (AAPL) kicked off its 2026 Worldwide Developers Conference (WWDC), where CEO Tim Cook showcased the new AI-powered Siri (Siri AI) in his keynote address on Monday. Winthrop Capital CIO Adam Coons comments on Apple's long-awaited AI software release, while Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at Apple's stock reactions to its WWDC announcements. This was Tim Cook's final WWDC as Apple CEO before he steps down this September, transitioning into an executive chairman role.

Don’t Expect a Boost to iPhone Sales from AI, Analyst Says
Barrons.com112d agoneutral
Don’t Expect a Boost to iPhone Sales from AI, Analyst Says

Apple looks unlikely to spark a big iPhone upgrade cycle with its artificial-intelligence updates, according to Wall Street analysts. UBS analyst David Vogt said he was leaving estimates for Apple’s iPhone revenue in fiscal year 2026 –which ends in September– unchanged at $251.

Prediction: Google Stock Will Hit $500 on This Date
24/7 Wall St.112d agoneutral
Prediction: Google Stock Will Hit $500 on This Date

Alphabet (NASDAQ:GOOGL) is running one of the most aggressive AI infrastructure buildouts in corporate history. CEO Sundar Pichai told investors “2026 is off to a terrific start. Our AI investments and full stack approach are lighting up every part of the business.” Google Cloud printed $20.03 billion in Q1 revenue, up 63% YoY, with backlog ... Prediction: Google Stock Will Hit $500 on This Date

Siri Didn’t  Rescue Apple
24/7 Wall St.112d agoneutral
Siri Didn’t Rescue Apple

Apple’s (NASDAQ: AAPL) new Siri upgrade won’t work in the EU or China for now. China is the world’s largest smartphone market. So, in China, consumers will use old apps on current Apple products. Siri works, supposedly, the way products like OpenAI’s ChatGPT do. Many of its features were teased at the Worldwide Developers Conference, ... Siri Didn’t Rescue Apple

Apple Just Delivered Its $75 Per Share AI Moment at WWDC. Wall Street Says the Stock Could Hit $440 by Year-End.
24/7 Wall St.112d agoneutral
Apple Just Delivered Its $75 Per Share AI Moment at WWDC. Wall Street Says the Stock Could Hit $440 by Year-End.

Apple’s WWDC keynote on June 8 was billed as the most consequential developer conference in the company’s history. From the CNBC Halftime Report broadcasting live from Cupertino, the message from Wall Street was loud: Apple (NASDAQ:AAPL) just delivered the AI moment investors have been waiting two years for, and the upside scenarios now stretch well ... Apple Just Delivered Its $75 Per Share AI Moment at WWDC. Wall Street Says the Stock Could Hit $440 by Year-End.

No tech rule exemption for Apple, EU regulators say amid spat over Siri AI delay
Reuters112d agoneutral
No tech rule exemption for Apple, EU regulators say amid spat over Siri AI delay

BRUSSELS, June 9 (Reuters) - EU regulators on Tuesday slammed Apple for blaming EU tech rules for its decision ‌not to roll out its upgraded assistant Siri AI in the European ‌Union for now, saying they had rejected the company's request for an 18-month exemption from its obligations. The ​iPhone maker on Tuesday said Siri AI would not be available initially in the EU on iPhones or iPads and faulted the European Commission for refusing to engage constructively with them to ensure privacy and se

Apple Delays Siri AI Rollout in EU Following Regulatory Compliance Challenges (AAPL)
InvestorsHub112d agoneutral
Apple Delays Siri AI Rollout in EU Following Regulatory Compliance Challenges (AAPL)

Apple (NASDAQ:AAPL) will not introduce its new Siri artificial intelligence features in the European Union after failing to satisfy interoperability requirements under the bloc’s regulatory framework, according to comments made Tuesday by a European Commission spokesperson. Speaking to reporters in Brussels, Thomas Regnier said the decision to keep the product out of the EU market was made by Apple itself.

Apple's AI Siri will be held back by aging devices, Morgan Stanley says
Reuters112d agoneutral
Apple's AI Siri will be held back by aging devices, Morgan Stanley says

Apple's newly introduced AI Siri will have limited use across much ‌of the company's install base because ‌older iPhones lack the capabilities to run advanced AI ​features, Morgan Stanley said in a research note on Tuesday. More than 850 million iPhones are incapable of running basic Apple Intelligence queries, and ‌more than 1.3 ⁠billion iPhones cannot use advanced Siri features, the brokerage said. The long-delayed Siri ⁠overhaul was the centrepiece of Apple's annual Worldwide Developers Conference on Monday, with the world's ​most valuable ​smartphone maker betting ​on the feature to ‌keep pace with rivals including OpenAI's ChatGPT, Google's Gemini and Anthropic's Claude.