The company posted its second-quarter results on Friday morning.
Notícias
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Excluding the contribution from Micron and Nvidia, Q2 earnings for the rest of the Zacks Tech sector would be up +25.3% (vs. +48.8% otherwise).
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Watching a new investment portfolio drop nearly 10% within days of buying can make anyone question whether they made a mistake. That’s exactly what happened to one beginner investor after a basket of technology and AI-related stocks fell sharply, leaving...
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<body><p>STORY: Apple overtook Nvidia on Friday to become the world's most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence.</p><p>Apple was last valued at $4.88 trillion as its shares held steady, while Nvidia was roughly at $4.86 trillion, following a 3.5% decline.</p><p>"The apple reclamation of the largest market cap in the equity market is really a sign of the fact that investors are concerned with this level of CapEx that's being used to underwrite the AI explosion and are looking for stocks that are not spending capital investments," says Lynch.</p><p>The shift in the pecking order illustrates that investors are broadening their focus beyond the most obvious beneficiaries of the AI boom, such as Nvidia, which had been at the helm for nearly a year. </p><p>"Why is it working now for Apple? In fairness, they finally have a credible AI plan at their worldwide developer conference recently, they ruled out a new series, AI. It's going to integrate across all these different apps."</p></body>
Nvidia slips behind as investor momentum shifts
Apple Tops Nvidia Again as Investors Shift Their AI Bets
Yahoo Finance Tech Editor Dan Howley joins Market Domination to discuss Nvidia (NVDA) CEO Jensen Huang's signature leather jacket, which fetched an eye-popping $960,000 at auction, and what it says about the tech executive's growing cultural influence.
The CEO's capital allocation framework has significantly boosted Apple's earnings per share over the years.
Apple, which does not develop its own large language models, has gone from being seen as a laggard in the AI race to being rewarded by investors for its cautious approach and strong iPhone sales.View on euronews
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