Warren Buffett generally doesn't invest in tech stocks, but he couldn't resist the following two. These players have something Buffett likes: fantastic moats, or competitive advantages.
13F filings this week will reveal hedge fund and institutional moves, offering insight into smart money positioning amid recent market highs. Earnings season is winding down, with 90% of S&P 500 companies reporting; most beat estimates, but guidance remains cautious.
While Apple's iPhone already supports texting, calling emergency services, and contacting roadside assistance via satellite connectivity, the company has many more satellite-powered features in the works, according to Bloomberg's Mark Gurman.
Shares of Apple (NASDAQ:AAPL) have been making up for lost time in the year's second half, now up more than 26% in the last three months, putting the iPhone maker up just shy of 11% year to date.
Apple has delivered superior returns over the long run, but it has faced some challenges recently. The company is diligently working on overcoming these issues.
With stocks wobbling in the past week over potential AI valuation worries, investors might have noticed that much of the Magnificent Seven has been increasingly choppy while Apple (NASDAQ:AAPL) has acted like a steady rock, holding its ground at around $270 per share.
Just one in 10 iPhone 17 buyers opted for Air in the early weeks of sales, a consumer survey found, with some users dissatisfied with the Air's camera, sound quality, battery and price.
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