
Commerce Secretary Howard Lutnick urged the iPhone maker to find other solutions to the artificial-intelligence-driven chip supply crunch.
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Commerce Secretary Howard Lutnick urged the iPhone maker to find other solutions to the artificial-intelligence-driven chip supply crunch.

A Maryland state tax court has struck down the state’s first-in-the-nation tax on digital advertising and ordered state officials to repay the tax money already collected from big tech firms. The Maryland Tax Court said the tax violates the federal Internet Tax Freedom Act as well as the First Amendment and the commerce and due process clauses of the U.S. Constitution. Maryland estimated the tax, approved in 2021, could raise about $250 million a year to help pay for a sweeping K-12 education measure.

Berkshire’s Alphabet stake—consisting of the search giant’s voting and nonvoting shares—rose about 80% in the quarter to 106 million shares, reflecting a purchase directly from Alphabet in June and open-market buys, based on a 13-F report with the Securities and Exchange Commission late Friday. Berkshire was a seller of part of its sizable stake in Bank of America cutting it by 30 million shares to 483 million shares now worth about $31 billion.

Clear Street Managing Director Owen Lau compares Databricks to Android as an open-source alternative to Snowflake, while outlining the margin pressures and ROI debates surrounding its serverless AI model following a $190 billion valuation.
Jefferies sees pressure from rising component costs and fewer opportunities to lift iPhone pricing through radically differentiated hardware.

Google’s Pixel 11 puts Gemini at the heart of its smartphone strategy as Alphabet looks to expand AI adoption and challenge Apple’s ecosystem.
A stronger demand signal hides a tougher long-term question
A Maryland court on Friday struck down a 2021 law that imposed taxes on digital ad sales and ordered the state to provide refunds to Google, Peacock and Apple, which challenged the statute.

Vanguard swapped the benchmark powering one of the most popular growth ETFs on the market, and most holders never saw it coming. What looks like a paperwork formality could quietly reshape which companies sit inside your portfolio over time.
Apple is tackling one of iPhone's biggest competitive gaps

A court cut down how long Apple customers will have to wait to receive part of a $250 million settlement.

Apple just posted a monster quarter, yet the stock sits within striking distance of a support level that buyback math alone may not be enough to defend. Something has to break the standoff, and the next few weeks will reveal which side of the trade is right.
Apple takes more control of its China AI push.

Apple's Services segment just posted a record quarter while Siri AI prepares to reach 2.5 billion active devices, and the combination is forcing a serious reassessment of where this stock goes over the next 12 months.

Apple has reportedly developed its own AI model for the Chinese market with support from its in-country partner, Alibaba Group.

The best stocks to give your grandchildren have certain qualities in common. Here, we let you know what those are.

Apple is asking a federal judge to allow it to charge commissions of up to 15% on purchases made through external links in iOS apps.

The move would make Apple the first foreign company approved by Beijing to offer a proprietary AI model in China

Jefferies just slapped a sell rating on Apple right before what could be its most consequential product era in two decades. The case for staying in the stock rests on a consumer AI opportunity that most bearish analysts appear to be pricing at exactly zero.

Tim Cook chose Houston for his final major act as Apple CEO, standing beside a cabinet secretary while his company quietly evaluated a supplier that same official could move to restrict. The $60 billion headline hides a more complicated story about who actually owns what gets built.
Apple is coming for media budgets from advertisers, and in return the iPhone maker is giving them an incentive to start placing ads.
Apple Opens 20,000-Square-Foot Houston Facility as AI Server Production Grows

Prominent investor Gary Black has issued a stark warning to Elon Musk, asserting that Tesla Inc. cannot match Apple Inc.’s $4.4 trillion valuation by relying solely on “word-of-mouth and the CEO’s posts on X,” while calling for an urgent shift...

Just days after Quantinuum’s first earnings report as a public company, the quantum leader unveils a partnership with Taiwan’s Quanta Computer.

The 20,000-square-foot training facility sits within the same Foxconn site that already assembles Apple's AI servers

For most of his second term, President Donald Trump has been arguing that the “golden age” he promised for America’s economy is already here. There’s hardly been much evidence that voters agreed.
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