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.
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Last week, the stock briefly overtook Nvidia as the most valuable company in the world.
A single analyst preview note sent Intel surging and pulled the entire chip sector with it, but the same firm kept a price target well below where the stock trades today. Here is what the rally is actually pricing in ahead of Thursday's earnings.
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,...
Intel heads into earnings with AI product launches, cloud partnerships and rising estimates as investors watch its July 23 quarterly report.
The increases would cover both advanced and mature nodes
AI demand and rising costs strengthen the chipmaker's pricing power
Most AI investors are gambling on which chip designer comes out on top, but there is a quieter way to profit from the revolution no matter who wins. One manufacturer sits at the center of nearly every AI trend unfolding right now.
SpaceX will report second-quarter earnings on Aug. 4. That will unlock 20% of the stock held by early investors.
The companies are each worth about $4.9 trillion.
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
Beijing just handed Tim Cook an approval that could rewrite the entire narrative around Apple's AI strategy, and it raises an uncomfortable question for every rival that spent billions building what Apple deliberately chose not to own.
Punters on the prediction platform Polymarket still expect Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) to end July as the world's most valuable company, even after a wobble that briefly cost it the crown. Traders put the chipmaker's chances at 70%, well ahead of Apple Inc (NASDAQ:AAPL, XETRA:APC) on...
Alibaba is helping power a broad rebound in Chinese internet stocks.
What if the next $5 trillion tech company isn't Apple or Microsoft but the AI infrastructure powerhouse that supplies the entire industry?
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...
Apple Inc. CEO Tim Cook once opened up about his unlikely journey from a small-town teenager flipping burgers at a local fast-food restaurant to leading one of the world’s most valuable companies, revealing how those early jobs shaped his lifelong...
(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
XLK's expense ratio looks almost free, but the fee that will actually hurt your portfolio never appears on the factsheet. Before you add another tech position, check what you are quietly paying twice for.
<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>

The Realest founder and CEO Scott Keeney joins Yahoo Finance Executive Editor Brian Sozzi to discuss why high-end memorabilia remains "wildly undervalued" despite market bubble concerns.
Apple keeps beating earnings while its Mag 7 rivals burn billions on data centers, and one investor thinks he has found the reason the gap will only widen from here.
Apple's federal lawsuit against OpenAI looks like a trade secret dispute on the surface, but one analyst thinks it signals Apple spotted something alarming in OpenAI's hardware roadmap and moved to get ahead of it.
All three main equity indexes were in the green to start the trading week, but questions about war overtook optimism about earnings.
Strong services growth may offset weaker product margins
Is Apple stock heading for a margins meltdown?
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...