The ability of Apple iPhones to connect to satellites could be the feature that drives more consumers to upgrade their smartphones...
Continue ReadingHiya, folks, and welcome to TechCrunch’s regular AI newsletter. This week in AI, the U.S. Supreme Court struck down "Chevron deference," a 40-year-old ruling on federal agencies' power that required courts to defer to agencies' interpretations of congressional laws. Chevron deference let agencies make their own rules when Congress left aspects of its statutes ambiguous. Now the courts will be expected to exercise their own legal judgment -- and the effects could be wide-reaching. Axios' Scott Ro...
Continue ReadingInvestors hope advanced hardware required to run complex artificial-intelligence-based computing will drive Apple iPhone users to upgrade their handsets, but satellite connectivity might matter more. Since Apple unveiled new AI features at its June developer conference, its stock has climbed about 15%, creating about $420 billion in market value. “Apple’s AI strategy will leverage its golden installed base around personalization and [large language models] on the phone that should change the growth trajectory of Cupertino [and] spur an AI-driven iPhone upgrade cycle starting with iPhone 16,” wrote Wedbush analyst Dan Ives after the event...
Continue ReadingApple fellow Phil Schiller will reportedly occupy a non-voting observer seat on OpenAI's board, which is reportedly part of the companies' ChatGPT deal...
Continue ReadingApple's (AAPL) AI push, growing Services business and strong liquidity position make the shares attractive for investors...
Continue ReadingThe company remains a consumer favorite and could go far in AI, employing its brand power and vast financial resources...
Continue ReadingThe stock market is trading at a record high, led by some of America's largest technology stocks...
Continue ReadingAmerica's largest technology companies are represented in the Nasdaq-100 index, but its performance is heavily influenced by just a handful of stocks...
Continue ReadingWe recently compiled a list of Billionaire Phillipe Laffont’s Top 10 “Mostly AI” Stock Picks. In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stands against Philippe Laffont’s other stock picks. Billionaire Philippe Laffont is a Founder & Portfolio Manager at Coatue Management, L.L.C. His fund’s […]...
Continue ReadingApple's new Apple Intelligence features could prompt many users to upgrade their older models. Read more to see why AAPL stock is a Buy...
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