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Check here for an update on Bruce Berkowitz's investment portfolio, including shifts in stake holdings and performance of the Fairholme Fund...
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Apple's rising shares lifted the iPhone maker's market cap above that of Microsoft on Wednesday before falling back below that level. + Apple's stock finished nearly 3% higher. Microsoft stock finished up nearly 2%, valuing the company at $3.28 trillion...
Continue ReadingApple's (AAPL) market cap has surpassed Microsoft (MSFT), reclaiming the throne as the most valuable company. Apple's market capitalization is currently valued just above $3.228 trillion as its stock slowly took off following the company's AI showcase at its Worldwide Developers Conference (WWDC) on Monday. Yahoo Finance's Julie Hyman and Josh Lipton track Apple's stock movement this week and inquire about how Apple expects its customers to use its new AI features. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan. Check out more of Yahoo Finance's coverage of Apple and its WWDC announcements: The challenge of Apple's 'AI for the rest of us' is we don't know what it's for: Morning Brief Apple will no longer be 'missing out' with new AI initiative Apple AI: Do consumers share same enthusiasm as investors? Apple's iPhone segment will grow by 10% next year: Analyst Apple looks to make AI more personal...
Continue ReadingArtificial intelligence capabilities will drive a major upgrade cycle for Apple's iPhone business, two Wall Street analysts said Wednesday...
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(Bloomberg) -- Big name Tesla Inc. investors are weighing in on Elon Musk’s hotly contested pay package that heads to a vote on Thursday.Most Read from BloombergHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.US Inflation Broadly Cools in Encouraging Sign for Fed OfficialsBlinken Casts Doubt on Cease-Fire Hopes After Hamas RespondsStock Bull Run Breaks Record on Fed Decision Day: Markets WrapFed Officials Dial Back Rate Forecasts, Signal Just One ‘24 CutThis will mark the second ti...
Continue ReadingCathie Wood and her Ark Invest firm updated their Tesla stock price target for 2029, betting big on the EV giant's robotaxi aspirations...
Continue ReadingTesla vehicle insurance registrations in China last week slumped sequentially as many China EV makers saw registrations slip to begin the month. Tesla insurance registrations in China totaled 12,00 for for the week of June 3-9, down 21% from 15,200 the previous week, according to data reported by CnEVPost Wednesday. Vehicle registrations in China tend to drop at the beginning of each month before picking up towards end of the month, according to local reports...
Continue ReadingApple stock is soaring this week, thanks to the artificial intelligence strategy the tech company announced Tuesday. Hedge funds might be helping, too—and both factors can push Apple shares even higher...
Continue ReadingAfter having his unprecedented pay package voided by a judge, Tesla shareholders are set to vote on whether the plan should be reinstated...
Continue ReadingApple's market value topped Microsoft's for the first time in five months, allowing the tech giant to reclaim the title of world's most valuable company after its stock rose on AI news...
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