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Apple Needs an AI Miracle at WWDC. The Stock Is Counting on It.

Google pays Apple $20 billion a year to be the default search provider on iPhones. Apple’s AI deals may not be so beneficial to its bottom line...

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AAPL

Dow Jones Futures: Apple AI Launch, Tesla Shareholder Meeting, Fed Rate ‘Dot Plot’ On Tap

The stock market is at highs with Apple's AI push, the Fed rate "dot-plot" and the Tesla shareholder meeting headlining key events and news...

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AAPL

Stocks Hit Record Highs, Central Banks Cut Rates, Tight US Jobs Report Dampens Fed Easing Hopes: This Week In The Market

The stock market extended its bull market rally for another week, with fresh record highs for both the S&P 500 and the tech-heavy Nasdaq 100 indices. The tech sector – particularly the chipmaker industry, as tracked by the iShares Semiconductor ETF (NYSE:SOXX), led broader market gains, driven by strong investor optimism toward artificial intelligence growth. Nvidia Corp.‘s (NASDAQ:NVDA) market valuation hit $3 trillion on Wednesday, briefly surpassing Apple Inc. (NASDAQ:AAPL) as the second most...

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GameStop saga, Nvidia vs. Apple, Campbell Soup CEO: Catalysts

The May jobs report revealed a hotter-than-expected addition of 272,000 nonfarm jobs to the US economy, over 90,000 more than economists predicted. Shares of popular meme stock GameStop (GME) are falling after the company announced it would sell 75 million class A shares of its stock. In addition, popular social media meme stock investor Keith Gill is set to host a YouTube livestream on Friday discussing the stock.  Tech giant Nvidia (NVDA) briefly saw its valuation surpass the $3 trillion mark this week, temporarily dethroning Apple (AAPL) as the second most valuable company in the world. This achievement cements Nvidia's position alongside tech titans Microsoft (MSFT) and Apple as the only companies to have attained such a feat. The Campbell Soup Company (CPB)posted its third quarter earnings, revealing a 6% year-over-year increase in net sales that totaled $2.23 billion. The company says the sales were due in part to its acquisition of Sovos Brands. Campbell CEO Mark Clouse sits down with Yahoo Finance Executive Editor Brian Sozzi to give insight into the company's earnings. For more expert insight and the latest market action, click here This post was written by Nicholas Jacobino...

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Apple’s WWDC is crucial to the company showing it can still compete in the one area that matters

The iPhone maker is under pressure to narrow the gap with rivals in AI...

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Aegis Value Fund H2 2023 Portfolio Manager’s Letter

AAPL

Apple’s Design Awards highlight indies and startups

With its list of Apple Design Awards winners, Apple is celebrating indie apps and startups over bigger tech firms — including those offering AI chatbots. At a time when its App Store model has been called into question by legislators and regulators alike, Apple's annual list of what it considers the best and most technically innovative software available on its platform is turning its attention to the little guy. There's no ChatGPT to be found on Apple's list of Design Awards finalists, for exam...

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Tech Pullback Weighs on S&P 500 Ahead of Jobs Data

Declines in Nvidia, Apple help offset gains in other Wall Street stocks, as J.M. Smucker sees its shares rise...

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Will Apple Give Siri A Brain Transplant At WWDC?

Apple stock has risen ahead of the company's highly anticipated Worldwide Developers Conference keynote presentation on Monday...

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Apple to Debut Passwords App in Challenge to 1Password, LastPass

(Bloomberg) -- Apple Inc. will introduce a new homegrown app next week called Passwords, aiming to make it easier for customers to log in to websites and software, according to people with knowledge of the matter.Most Read from BloombergBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansBillionaire-Friendly Modi Humbled by Indians Who Make $4 a DayVietnam Tycoon Sentenced to Death Faces New Charges: MediaA Struggling B...

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