U.S. Stock Futures Higher Nasdaq Gains Despite Apple Selloff
Futures were boosted by a tech rally fueled by relief after a sale of stock by the firm, Situational Awareness, gave investors more confidence to wade back into AI-related stocks.
News and analysis on Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla.
Futures were boosted by a tech rally fueled by relief after a sale of stock by the firm, Situational Awareness, gave investors more confidence to wade back into AI-related stocks.
Cook, who steps down as CEO on Sept. 1, said Apple's hybrid AI approach is an advantage as rivals rely on massive cloud infrastructure
Alphabet may be the market's most overlooked AI leader, offering investors a rare mix of rapid growth, bargain valuation, and valuable hidden assets that could reward patient shareholders.
Apple Inc. (NASDAQ:AAPL) is facing rising memory chip costs that could pressure its business beyond the September quarter, with outgoing CEO Tim Cook saying the company is exploring ways to manage the impact without revealing whether higher costs could eventually affect product pricing. Apple Warns Memory Costs Are Rising Again During Apple’s fiscal third-quarter earnings call, Evercore analyst Amit Daryanani asked Cook whether the company’s efforts to secure more memory supply were aimed at pro