Tag AAPL

Welcome back to Week in Review! Lots of news for you this week, including Travis Kalanick's possible return, CoreWeave's CEO is now worth $10 billion, Apple users aren't happy with how the company is promoting its new F1 movie, and much more...

(Reuters) -Warren Buffett donated on Friday another $6 billion of Berkshire Hathaway stock to the Gates Foundation and four family charities, his biggest annual donation since he began giving away his fortune nearly two decades ago. The donation of about 12.36 million Berkshire Class B shares boosted Buffett's overall giving to the charities to well over $60 billion. He donated 9.43 million shares to the Gates Foundation; 943,384 shares to the Susan Thompson Buffett Foundation; and 660,366 shares to each of three charities led respectively by his children Howard, Susie, and Peter: the Howard G. Buffett Foundation, Sherwood Foundation and NoVo Foundation...

The ChatGPT maker is one of the largest purchasers of Nvidia's graphics processing units (GPUs), using the AI chips to train models and also for inference computing, a process in which an AI model uses its trained knowledge to make predictions or decisions based on new information. OpenAI planned to add Google Cloud service to meet its growing needs for computing capacity, Reuters had exclusively reported earlier this month, marking a surprising collaboration between two prominent competitors in the AI sector. For Google, the deal comes as it is expanding external availability of its in-house tensor processing units (TPUs), which were historically reserved for internal use...

Apple’s Siri digital assistant scored a failing grade against AI chatbot ChatGPT. Meanwhile, Apple stock is in a slump...

Laura Martin, Needham and Company senior internet and media analyst, recently explained on CNBC the rationale behind her downgrade of Apple Inc (NASDAQ:AAPL) stock that created a lot of buzz on Wall Street. Threats to iPhone sales and valuation are the two main concerns the analyst cited for the rating action: “Let’s go to the […]...

Reserve co-founder Nevin Freeman breaks down how the SEC’s proposed sandbox could pave the way for tokenized stocks, bonds and treasuries...

Apple made significant changes this week to its App Store terms in Europe. Now regulators will have to sign off...

Google has an edge over OpenAI in one important metric, argues Citizens JMP analyst Andrew Boone. OpenAI,which created ChatGPT, has 800 million weekly active users compared to some 5 billion for Google. Boone upgraded Alphabet stock to Outperform from Market Perform and set a $220 price target on the shares...

With a history of generating significant sales from only a handful of product lines, all it would take is one new successful product to move the needle for the tech giant...