Yahoo Finance Tech Editor Dan Howley reacts to analyst predictions that Apple's long-rumored foldable iPhone could instantly sell out upon its launch, despite a massive projected price tag of up to $2,500.
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A number of stocks jumped in the morning session after the semiconductor sector continued to rebound from the previous week's sharp selloff amid bullish Wall Street updates.
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 4.1% in the morning session after the company disclosed new multi-year agreements with Apple, extending their collaboration through 2031 for Broadcom to develop and supply a range of custom ASIC silicon for multiple generations of Apple products.
The VanEck Semiconductor ETF (NASDAQ:SMH) has ripped higher in 2026, gaining 64.47% year to date through July 2 and 111.24% over the trailing 12 months. Yet the fund fueling that run does not own a single share of Apple (NASDAQ:AAPL), arguably the most recognizable technology stock on the planet. The absence is structural, not tactical, ... VanEck Semiconductor ETF Is Up 64% This Year and Doesn’t Own a Single Share of Apple
Broadcom wins major Apple partnership expansion as investors eye AI upside
Apple's foldable launch may come with a familiar catch.
Apple has started a phased rollout of card payments for Apple Account purchases in India after adapting to the country's payments framework.
Broadcom will supply Apple with custom application-specific integrated circuits, known as ASICs, through 2031, it said in a securities filing. Broadcom stock rose 4.1% to $375.13 on Monday. Apple has been one of Broadcom’s leading customers since 2010, notably buying hardware to assist with wireless connectivity.
Steve Jobs, the co-founder, long-time CEO of Apple (NASDAQ: AAPL), and the heart and soul of the company, died in 2011. If he were alive, he would watch his handpicked CEO, Tim Cook, retire. Cook did almost everything right for Apple’s shareholders. But he did little to change the company’s products. The iPhone was first ... What Would Steve Jobs Do Today?
Apple (AAPL) stock dropped 6% on June 25 after the company raised Mac and iPad prices by $100 to $300, blaming a memory shortage CEO Tim Cook called a "hundred-year flood." Less than two weeks later, shares have clawed back most of that loss, trading near 52-week highs. The market appears to be recalculating Apple's position on two fronts: how well placed Apple is inside the DRAM shortage relative to its peers and how its restraint on AI spending looks increasingly like a smart move.
It's a bullish start to the week for this tech powerhouse.
The Nasdaq Composite and S&P 500 Index were up in late-morning trading Monday, as tech stocks rose b
Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) has extended its chip partnership with Apple Inc (NASDAQ:AAPL, XETRA:APC) through 2031, expanding a long-running supply agreement covering custom semiconductor development and production. The expanded arrangement, disclosed by Broadcom in a regulatory...
Apple Foldable iPhone May See Tight Launch
Broadcom on Monday disclosed a five-year deal to supply custom processors to consumer electronics giant Apple.
Luxshare plans to price shares at the top of its range, making it Hong Kong's biggest first-time share sale this year.
If you’re deciding between Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) and Vanguard Information Technology Index Fund ETF (NYSEARCA:VGT), the choice looks like a coin flip. Both track the same MSCI USA IMI Information Technology 25/50 Index. Both hold roughly the same 300-plus stocks in nearly the same weights. Both have delivered essentially identical returns ... FTEC vs. VGT: Same Tech Bet, So Which Fund Costs You Less?
Shares of Broadcom (NASDAQ:AVGO) are up 6% to $381 in early Monday trading after the company said it agreed to expand its custom-chip partnership with Apple (NASDAQ:AAPL) through 2031. The news is fueling a broad semiconductor rebound after last week’s pullback. Advanced Micro Devices (NASDAQ:AMD) stock is up 10% to $568, and Intel (NASDAQ:INTC) stock ... Broadcom Rallies 6% on a Broadened Apple Partnership as AMD Gains 10%, Intel Rises 5%
Apple’s new foldable iPhone is coming but sales at scale may not be until 2027, says a top industry analyst.
The two companies signed new multi-year agreements for Broadcom to develop and supply custom ASIC chips across multiple generations of Apple products
Broadcom disclosed in an SEC filing that it will develop and supply the iPhone maker with a range of custom ASIC chips.
The Shenzhen-based startup, founded by a former Apple Watch engineer, is targeting Meta's dominance in the fast-growing smart glasses market