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Rave files antitrust lawsuit against Apple over removal of video-sharing app
Reuters146d agobearish
Rave files antitrust lawsuit against Apple over removal of video-sharing app

Software developer Rave on Thursday filed an antitrust lawsuit against Apple, alleging that the iPhone maker ‌kicked Rave's app for shared viewing of video content off the Apple ‌App Store after introducing a competing product called SharePlay. Ontario, Canada-based Rave is demanding reinstatement into the ​App Store and "hundreds of millions of dollars" in damages, according to the complaint filed in U.S. federal court in New Jersey. Apple did not immediately respond to a request for comment.

It Takes Meta Almost 9 Minutes to Make $1 Million in Profits. Google Does It in Under 4
24/7 Wall St.146d agoneutral
It Takes Meta Almost 9 Minutes to Make $1 Million in Profits. Google Does It in Under 4

The Number Alphabet (NASDAQ:GOOG) reported Q1 FY2026 net income of $62.58 billion on April 29, 2026 via 8-K filing. That works out to roughly $1 million in profit every 3 minutes, 59 seconds. By contrast, Meta Platforms (NASDAQ:META) generated $26.77 billion in Q1 net income, or $1 million every 8 minutes, 42 seconds. Microsoft (NASDAQ:MSFT) ... It Takes Meta Almost 9 Minutes to Make $1 Million in Profits. Google Does It in Under 4

Apple Stock Notches Record High Ahead Of WWDC News
Investor's Business Daily146d agobullish
Apple Stock Notches Record High Ahead Of WWDC News

Apple stock on Thursday cleared a five-month consolidation pattern and hit a record high. In morning trades on the stock market today, Apple hit an all-time high of 292.13. In recent trades, Apple stock rose more than 1% to 290.91.

Bloomberg146d agoneutral
Google Launches $100 Fitbit Air Without a Screen to Rival Whoop

(Bloomberg) -- Alphabet Inc.’s Google on Thursday launched the Fitbit Air, a $100 screenless fitness band aimed squarely at taking on Whoop Inc. and other makers of health and fitness wearables that forgo displays. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Pause New Loans to US-Sanctioned RefinerSony

This Sneaky AI Play Nearly Doubles Sales. The Stock Is Rising 32%.
Barrons.com146d agoneutral
This Sneaky AI Play Nearly Doubles Sales. The Stock Is Rising 32%.

Shares of SiTime spiked Thursday after the maker of timing solutions nearly doubled revenue from last year, reflecting strong demand from artificial-intelligence data centers. After the closing bell Wednesday, SiTime reported adjusted earnings of $1.44 a share for the first quarter, up from 26 cents a year ago and well above analysts’ consensus estimates of $1.16. The company introduced a full-year revenue growth forecast of at least 80%.

Apple’s AI Restraint Looks Smart as Microsoft Spends $190B on AI Despite User Pushback
24/7 Wall St.146d agoneutral
Apple’s AI Restraint Looks Smart as Microsoft Spends $190B on AI Despite User Pushback

The narrative around Apple and AI has flipped. A year ago, Apple’s restrained posture toward generative AI looked like a weakness. On the latest This Week in Tech podcast, host Leo Laporte and panelists Devendra Hardawar, Micah Sargent, and Nicholas DeLeon argued the patient approach now looks like discipline, especially set against Microsoft’s accelerating capital ... Apple’s AI Restraint Looks Smart as Microsoft Spends $190B on AI Despite User Pushback

State Street Calls It “The first $1 trillion ETF will land this year”
24/7 Wall St.146d agoneutral
State Street Calls It “The first $1 trillion ETF will land this year”

State Street’s 2026 Global ETF Outlook puts a stake in the ground on page 20: the first $1 trillion ETF will land this year. The frontrunner is the Vanguard 500 Index Fund ETF (NYSEARCA:VOO), which closed Monday at $660 with $839 billion in net assets as of early May. VOO sits roughly $160 billion shy ... State Street Calls It “The first $1 trillion ETF will land this year”

The Quiet Force Powering the Recent Tech Stock Surge
The Wall Street Journal146d agobullish
The Quiet Force Powering the Recent Tech Stock Surge

Tech stocks came roaring back in April, bolstered by strong earnings and a fresh wave of enthusiasm for AI-linked shares. But there's something else under the surface that has also helped the rally along, according to JPMorgan Chase: Share buybacks.

Anthropic Is Making Its Claude Chatbot More Appealing to Consumers
Bloomberg147d agoneutral
Anthropic Is Making Its Claude Chatbot More Appealing to Consumers

(Bloomberg) -- Artificial intelligence startup Anthropic PBC, which originally aimed its Claude chatbot at businesses, is looking to capitalize on recent inroads with consumers by making the software more appealing to everyday people.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services Task

Bloomberg147d agoneutral
Anthropic Is Making Its Claude Chatbot More Appealing to Consumers

(Bloomberg) -- Artificial intelligence startup Anthropic PBC, which originally aimed its Claude chatbot at businesses, is looking to capitalize on recent inroads with consumers by making the software more appealing to everyday people.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitDOJ Plans Intervention in Trump Supreme Court Carroll AppealAnthropic Unveils AI Agents to Field Financial Services Task

The smartphone era is ending the way it started: with Apple
24/7 Wall St.147d agoneutral
The smartphone era is ending the way it started: with Apple

In 2007, Apple opened the smartphone era. In 2026, Apple (NASDAQ:AAPL) is positioned to close it. The handheld glass slab that reshaped computing is now the thing the industry is racing to replace with always-on, heads-up ambient AI. The company that drew the first map is drawing the next one. Q2 FY2026 net sales hit ... The smartphone era is ending the way it started: with Apple

Arm stock slides as chip supply worries overshadow upbeat AI-fueled revenue forecast
Reuters147d agobullish
Arm stock slides as chip supply worries overshadow upbeat AI-fueled revenue forecast

Arm Holdings forecast first-quarter revenue above Wall Street expectations on Wednesday, benefiting from higher adoption of its chip technology as tech companies spend heavily on artificial intelligence compute. Arm shares jumped 12% in after-hours trading, but reversed course ‌to drop 5.49% after executives told analysts on a conference call that they have not yet secured supplies to meet ‌the demand for a new chip and after analysts probed about the costs of getting into the business of making its own chips. The company expects quarterly revenue of $1.26 ​billion, compared with analysts' estimates of $1.25 billion, according to data compiled by LSEG.

Arm forecasts upbeat revenue on surging AI data center demand
Reuters147d agoneutral
Arm forecasts upbeat revenue on surging AI data center demand

Arm Holdings forecast first-quarter revenue above Wall Street expectations on Wednesday, benefiting from higher adoption of its chip technology as tech firms spend heavily on artificial intelligence compute. The company expects quarterly revenue ‌of $1.26 billion, compared with estimates of $1.25 billion, according to data compiled by LSEG. Arm generates revenue by licensing its ‌technology to companies such as Nvidia and Apple, collecting royalty payments for every product built using its designs.

Samsung market cap crosses $1 trillion amid memory chip rally
Yahoo Finance Video147d agobullishVIDEO
Samsung market cap crosses $1 trillion amid memory chip rally

Samsung Electronics (005930.KS, SMSN.IL) reached a $1 trillion market cap on Wednesday as the memory chip shortage drives the hardware manufacturer — and other memory chip developers — even higher. Market Domination Host Josh Lipton and Yahoo Finance Tech Editor Dan Howley sit down to discuss the rally occurring in the memory chip landscape.

What Apple (AAPL)'s Massive Buyback And Chip Shift Means For Shareholders
Simply Wall St.147d agobullish
What Apple (AAPL)'s Massive Buyback And Chip Shift Means For Shareholders

In late April 2026, Apple reported second‑quarter results showing revenue of US$111.18 billion and net income of US$29.58 billion, alongside a 4% dividend increase and board approval of a new US$100 billion share repurchase program. At the same time, Apple began early discussions with Intel and Samsung about diversifying chip production away from sole reliance on TSMC, while managing legal settlements and supply constraints tied to rising AI-related memory demand. We’ll now examine how...

March Quarter Results Bolster Confidence in Apple Inc (AAPL) Stock
Insider Monkey147d agoneutral
March Quarter Results Bolster Confidence in Apple Inc (AAPL) Stock

Apple Inc (NASDAQ:AAPL) is one of the best stocks to buy in 2026 according to billionaire George Soros. Apple stock has climbed around 40% over the past 12 months. The iPhone maker reported its March quarter results on April 30, delivering earnings that surpassed expectations. Revenue rose 17% to $111.2 billion, and EPS jumped 22% […]

Apple Stock Tracking a Record High. Why June Could Change Everything.
Barrons.com147d agobullish
Apple Stock Tracking a Record High. Why June Could Change Everything.

Apple stock is finally on its way to hit a record, but there’s more the iPhone maker has to prove in just a few short weeks to keep investor sentiment on the up and up. Shares were rising 1.2% to $287.69 and were on track to hit another closing high, according to Dow Jones Market Data. Apple says a more personalized Siri is coming to users “this year.”

Semi Stocks Are Flying. Why Skyworks Solutions Is Getting Crushed.
Barrons.com147d agoneutral
Semi Stocks Are Flying. Why Skyworks Solutions Is Getting Crushed.

On a banner day for semiconductor stocks, Skyworks Solutions was on pace for its worst session in more than a year. The a sector benchmark also referred to as the Philadelphia Semiconductor Index, recorded its largest 25-day rally since the 2000 dot-com bubble through Tuesday’s close. One stock was missing out from the rally: Skyworks fell 11% to $64.46 on Wednesday, heading for its largest single-day decline since a 12% drop in April 2025.