A U.S.-based advocacy group has filed a lawsuit in Washington accusing Apple of using minerals linked to conflict and human rights abuses in the Democratic Republic of Congo and Rwanda despite the iPhone maker's denials.
Apple will ship around 243 million iPhone units this year versus 235 million shipments from Samsung, Counterpoint Research said. It will be the first time in 14 years that Apple will have shipped more smartphones than Samsung.
It may be too early to declare a new sheriff in residence, but Google parent Alphabet's emergence as the hottest new thing in artificial intelligence has triggered a massive realignment among the world's biggest tech stocks.
Microsoft, Nvidia, Apple and other major tech names are positioned to remain top performers into year-end, according to Wedbush analysts who argue the AI boom is far from peaking. The analysts believe that fears of an AI bubble are misplaced, pointing instead to accelerating enterprise demand and an investment cycle still in its early stages.
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