Tag AAPL

Sora is now the No. 3 most downloaded app on Apple’s App Store. It’s launching a new wave of user-generated AI videos...

Apple Inc. (NASDAQ:AAPL) is seeing strong momentum for its iPhone 17 Series, driven by loyal users upgrading to premium models, while broader adoption in China hints at expanding market reach. Sustained demand for high-end devices and steady growth in wearables and services underscore the company’s resilience, even as shifting consumer priorities and global risks pose potential headwinds. JPMorgan said its latest annual consumer survey indicates a strong upgrade cycle for the iPhone 17 Series, w...

Investing.com -- Intel shares are trading nearly 6% higher midday on Wednesday following a report by the Semafor that the company is in early-stage talks to add AMD as a customer at its factories. AMD shares are also trading over 1% higher on the news...

The new products, announced Wednesday, include new versions of the Bike and Bike+, Tread and Tread+ and the replacement of the Row with a Row+, confirming an August Bloomberg report. To go along with the new models, Peloton is implementing significant price increases, with an average bump of around 11% for hardware and 19% for the subscription fees. “We know that every dollar is precious and people are considering how to spend their money these days," Chief Executive Officer Peter Stern said in an interview with Bloomberg Television...

AT&T stock fell on Wednesday after Barclays downgraded shares of the telecommunications company. The analyst is concerned that an increase in phone upgrades could pressure the company’s margins. Kannan Venkateshwar changed his rating on shares of AT&T to Equal Weight from Overweight and reiterated his $30 price target on the stock on Wednesday...

Tech and AI gains offset weakness in consumer staples...

Berkshire Hathaway is reportedly nearing a $10 billion deal to buy the petrochemical division of Occidental Petroleum, in what would be the largest deal by Warren Buffett’s conglomerate since 2022...

The launch of Apple iPhone 17 is shaping up to be a smashing success. Seaport Research Partners analyst Jay Goldberg initiated coverage on Apple in a note published Wednesday, rating the stock at Buy with a $310 price target. Goldberg noted that one of the company’s biggest strengths is its “sticky” business...