Apple will hold its Worldwide Developers Conference (WWDC) from June 10 to June 14, it said on Tuesday, amid reports that the iPhone-maker was in talks for AI partnership and could unveil significant changes to the iOS. The event, which will be available online, will highlight updates to the software powering iPhones, iPads and other Apple devices, the company said. Investors are closely watching for updates on artificial intelligence development at Apple, which has so far spoken little about incorporating the technology into its devices...
Continue ReadingCUPERTINO, Calif., March 26, 2024--Apple® today announced it will host its annual Worldwide Developers Conference (WWDC) online from June 10 through 14, 2024. Developers and students will have the opportunity to celebrate in person at a special event at Apple Park on opening day...
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Continue ReadingWall Street's main stock indexes climbed on Tuesday as most heavyweight growth stocks and chipmakers rose, while investors looked forward to economic data in a holiday-shortened week to assess the Federal Reserve's policy path. The Philadelphia Semiconductor Index inched 0.3% higher, on track to ending the quarter with double-digit gains after an artificial intelligence-led rally lifted chipmakers. Micron Technology was among top gainers in the sector, up 2.3%, while Marvell Technology rose 3.1%...
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Continue ReadingThe EV landscape is shifting as interest rates continue to remain high, concerns over charging infrastructure remain, and interest in hybrid models has picked up. With heavy investments from top automakers like Tesla (TSLA) and Ford (F), coupled with the potential of interest rate cuts, could 2024 be a turnaround year for EVs in the US? RBC Capital Markets Lead Equity Analyst of Global Autos Tom Narayan joins Yahoo Finance to discuss the EV landscape, the demand for new vehicles, and who are the biggest winners and laggards in this auto category. "What you had happening for years now is the same EV type, the small crossover or sedan. Why? Because the biggest drag on range is aerodynamics. It's tough to make an SUV EV for a reason. Just big and boxy and heavy," Narayan stipulates one of the biggest challenges to electric vehicles and their design. "And so, you're finally going to get those cars come in — that's where most of the demand is in the US... SUVs, larger vehicles. So now you're going to see those, GM (GM) is going to put out their Blazer. There's a bunch of others that are coming online. That should help increase the demand for EVs." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino...
Continue ReadingAlphabet (GOOGL) is set to add a new "Privacy control" feature for ChromeOS, boosting its Chromebook offerings...
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