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.
The list of potential contenders to succeed Tim Cook as the next CEO of Apple includes at least our top executives – but the exact timing of his exit remains unclear.
Apple stock reached a new all-time high of $280.38 on Tuesday, surpassing its previous peak of $277.32 and lifting the company's market value to $4.12 trillion.
Apple Inc (NASDAQ:AAPL, XETRA:APC) has laid off dozens of employees in sales positions globally in a a rare round of layoffs at the technology giant, according to media reports. The reductions reportedly affect account managers serving enterprise, education, and government clients, as well as staff at Apple's briefing centers, which host product demonstrations for major customers.
Just yesterday, analysts at Bernstein reiterated an “outperform” rating on NVDA, stating that the data center opportunity remains significant and early, with further upside likely.
After surging 16% since the beginning of November, shares of Alphabet look like they have plenty more room to run. That means the other “Magnificent Seven” names need to watch out.
Poland's anti-monopoly office UOKiK is investigating whether Apple is restricting competition in the mobile advertising market through its privacy policy, it said on Tuesday.
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