Tag AAPL

Apple (AAPL) jumped 7% to a record high, marking the biggest one-day jump since November 2022 and the first all-time high of 2024, following the launch of new AI features at its long-anticipated Worldwide Developers Conference...

Apple has passed Microsoft as the most valuable company by market capitalization and two of Wall Street’s favorite words — artificial intelligence — helped it on its way. Apple current market cap is $3.256 trillion, while Microsoft is $3.249 trillion, according to Dow Jones Market Data. The story for Apple began Monday at the tech giant’s Worldwide Developers Conference, when the company unveiled its AI strategy...

Apple's rising shares lifted the iPhone maker's market cap above that of Microsoft. + Apple's stock recently stood nearly 3% higher. + Apple's market cap was recently at $3.25 trillion, making it the most-valuable U.S. company...

**↗️** **Oracle (ORCL)**: The software company announced new artificial-intelligence deals with **Alphabet (GOOGL)**, **Microsoft (MSFT)** and **OpenAI** on Tuesday, overshadowing its weaker-than-expected quarterly results...

May's CPI (Consumer Price Index) report was exactly the fire market indexes (^DJI, ^IXIC, ^GSPC) needed as all three are surging coming off the key inflation data. The Dow Jones Industrial Average has jumped by as high as 330 points while the Nasdaq Composite gets a solid 260-point bump higher at the market open. The Morning Brief's Seana Smith and Brad Smith monitor this morning's gains, as well as commenting on Apple's (AAPL) record high from Tuesday's session, while Jared Blikre focuses on sector leaders. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan...

Apple once again became the world's most valuable company on Wednesday, dethroning Microsoft from the top spot, as the iPhone maker pushed ahead in a race to dominate artificial intelligence technology. Its shares jumped nearly 4% to a record $215.04, giving it a market valuation of $3.29 trillion. Apple shares had added more than 7% in the previous session, a day after it unveiled a range of AI-enabled features and software enhancements for its devices, a move that several analysts said would power iPhone sales...

(Bloomberg) -- Investors in Adobe Inc. are increasingly on edge about competition from generative AI. The Photoshop maker’s results will illustrate how it’s coping with the threat. Most Read from BloombergBlinken Casts Doubt on Cease-Fire Prospects After Hamas RespondsEU to Slap Tariffs of Up to 48% on EV Imports From ChinaUS Inflation Broadly Cools in Encouraging Sign for Fed OfficialsHunter Biden Convicted of Gun Charges by Jury in DelawareAsia’s Family Office Frenzy Comes With Plenty of Impos...

Stock futures (^DJI, ^IXIC, ^GSPC) are getting a lift from this morning's CPI (Consumer Price Index) print that saw inflation slow in the month of May. Though a welcomed sign, the cooling inflation data may not be enough to convince the Federal Reserve to cut interest rates in its June FOMC meeting. Fed officials are expected to hold rates higher for longer with their official decision coming at 2 P.M. ET followed by a press conference with Chair Jerome Powell. Apple (AAPL) shares reached an all-time high in Tuesday's session coming off of its AI announcements made at the company's Worldwide Developers Conference (WWDC). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan...

Apple’s announcements provide material new information for Qualcomm Incorporated investors. Read why I maintain a buy rating for QCOM stock...

Cheap valuations do not automatically make a stock a value proposition. In fact, investors who chase low valuation stocks will often get caught in value traps that underperform the market...