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Apple to launch 'Upgrade' device leasing program to spur sales, Bloomberg News reports
Reuters26d agobullish
Apple to launch 'Upgrade' device leasing program to spur sales, Bloomberg News reports

Apple is launching a device leasing program called 'Apple Upgrade' on July 28 in the U.S. to ‌boost sales, Bloomberg News reported on Tuesday, citing people with ‌knowledge of the matter. The new service arrives as Apple has raised prices on ​its iPads, MacBooks and other devices except the iPhone, no longer able to shield customers from surging memory and storage chip costs driven by the AI industry's data-center buildout. Apple Upgrade will support most iPhone, ‌Mac, iPad and Apple Watch ⁠models and the company is partnering with Klarna Group as the financial backer for the program, the report ⁠said.

Royal Caribbean (RCL) Appoints Former Airbnb Executive Tara Bunch To Its Board
Simply Wall St.26d agoneutral
Royal Caribbean (RCL) Appoints Former Airbnb Executive Tara Bunch To Its Board

Royal Caribbean Cruises (NYSE:RCL) has appointed Tara Bunch, former Senior Vice President at Airbnb, to its Board of Directors. Bunch brings board and executive experience from roles at Airbnb, Apple, Hewlett-Packard, and major institutions such as Vanguard. Royal Caribbean Cruises enters this board change with its share price at $286.16 and a mixed recent return profile. The stock is down 0.8% over the past week and 8.4% over the past month, while up 1.0% year to date. Over longer periods,...

AAPL Stock Hits Historic 11x Sales Valuation Ahead of Tim Cook's Final Earnings Call as Apple CEO
Benzinga26d agoneutral
AAPL Stock Hits Historic 11x Sales Valuation Ahead of Tim Cook's Final Earnings Call as Apple CEO

Apple Inc.‘s (NASDAQ:AAPL) valuation has officially shattered records, trading at an unprecedented 11 times its sales revenue just as CEO Tim Cook prepares to oversee his final earnings report. The technology behemoth touched an intraday all-time high of $334.99 on Friday, July 17, reflecting surging investor optimism in artificial intelligence and pushing the company to its “highest valuation level in company history.” Artificial Intelligence Drives Sentiment Shift Apple’s recent stock surge on

Apple (AAPL) Nears $5t As AI Hype And Valuation Questions Collide
Simply Wall St.26d agoneutral
Apple (AAPL) Nears $5t As AI Hype And Valuation Questions Collide

Apple (AAPL) is back in focus after its stock briefly reclaimed the title of world’s most valuable company and approached a US$5t valuation, as investors weigh AI plans, margins, and leadership change. See our latest analysis for Apple. After briefly reclaiming the top market cap spot and touching fresh highs, Apple’s share price has cooled slightly, with a 1-day share price return decline of 2.14% following strong 30-day and year to date gains of 9.59% and 20.51%. The 1-year total...

Bloomberg26d agoneutral
Paramount-Warner Deal at Risk of Delays That Would Cost Billions

(Bloomberg) -- Paramount Skydance Corp. was on the brink of closing its blockbuster $110 billion takeover of Warner Bros. Discovery Inc. Now the companies are facing a legal hurdle that risks putting the deal on hold for months at a cost that could quickly climb to billions of dollars. Most Read from BloombergSaudi-Led Coalition in Yemen Vows to Protect Ships From HouthisUS Strikes Iran in Escalating Campaign After Troops KilledIran Says Mediators Stepping In After Days of US ClashesMoonshot’s K

Behind the Ticker: RISE Ditches the Usual EM Playbook
etf.com26d agoneutral
Behind the Ticker: RISE Ditches the Usual EM Playbook

<p>Looking to diversify your U.S. equity-centric portfolio? Emerging markets are touted as one of the best solutions, but these days they’re strikingly similar in tech concentrations to U.S. funds. Pictet’s Young Jae Lee offers a different perspective and approach to EM investing with genuine diversification via the RISE ETF on this week’s Behind the Ticker. </p>

Apple set to beat Q3 estimates as BofA sees margin dip as transitory
Proactive27d agobullish
Apple set to beat Q3 estimates as BofA sees margin dip as transitory

Apple Inc (NASDAQ:AAPL, XETRA:APC) is expected to beat consensus estimates for its fiscal third quarter, according to Bank of America, even as the bank takes a more conservative view of iPhone seasonality tied to a staggered launch schedule. BofA said investor focus will center on component...