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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...

Magnificent Seven Dominate S&P 500 Earnings, But That's Changing Dramatically
Investor's Business Daily27d agoneutral
Magnificent Seven Dominate S&P 500 Earnings, But That's Changing Dramatically

The Magnificent Seven will again reign supreme over S&P 500 earnings, but their dominance is fading. As second-quarter earnings reports start to flow in, analysts expect the Magnificent Seven companies to grow earnings by a combined 31.1%. The other 493 S&P 500 companies are expected to increase earnings 22.8%, FactSet Senior Earnings Analyst John Butters wrote in a report.

Apple Sidesteps AI Spend Bubble So I Keep Buying
24/7 Wall St.27d agobullish
Apple Sidesteps AI Spend Bubble So I Keep Buying

While Apple's Magnificent Seven peers race to burn billions on AI infrastructure, one investor keeps hitting the buy button for the opposite reason, and the quarterly receipts are piling up fast.

China vs. US AI: Moonshot's Kimi K3 may not be a total game changer quite yet
Yahoo Finance Video27d agoneutralVIDEO
China vs. US AI: Moonshot's Kimi K3 may not be a total game changer quite yet

Chinese artificial intelligence startup Moonshot made waves last week after showcasing its new Kimi K3 AI model, which is being hailed as the world's largest publicly available large language model available for download. Investors speculated whether this reveal was another DeepSeek moment for the AI landscape. Council on Foreign Relations (CFR) senior fellow for China and emerging technologies, Chris McGuire, speaks with Julie Hyman about the tightening AI race between China and the US and what these low-cost models from China represent for the global AI build-out.

Apple’s iPhone 18 AI bet hides a pricing trap
TheStreet27d agoneutral
Apple’s iPhone 18 AI bet hides a pricing trap

Apple (AAPL) could be gearing up to offer consumers a more enticing reason to upgrade their iPhones: artificial intelligence technologies that perform better on newer hardware. That might add to the much-talked-about iPhone 18 “supercycle” possibility. But investors need to be mindful of that ...

Investing.com27d agoneutral
BofA expects Apple to top analyst expectations on July 30

Investing.com -- Bank of America reiterated a Buy rating on Apple with a price target of $380 per share in a note on Monday, expecting the company to beat consensus in its fiscal third-quarter results, which will mark Tim Cook's last earnings call as CEO.

Bloomberg27d agoneutral
Citi Says Magnificent Seven Tag Is Obsolete in AI Stock Winners

(Bloomberg) -- The popular Magnificent Seven stocks moniker is “no longer relevant” in assessing how to play the US artificial intelligence trade, according to Citigroup Inc. strategists.Most Read from BloombergUS Strikes Iran in Escalating Campaign After Troops KilledThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsTrump Silent So Far on Iran Plans as US Death Toll Hits 17FCC Near Rulings Against Disney Over

Bloomberg27d agoneutral
Bezos Backs AI Startup to Discover New Materials for Chipmaking

(Bloomberg) -- Producing the world’s most in-demand semiconductors requires enormous amounts of energy and access to rare minerals. CuspAI, a two-year-old British startup, has raised nearly half a billion dollars on its bet that artificial intelligence can improve that process. Most Read from BloombergUS Strikes Iran in Escalating Campaign After Troops KilledThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsFCC

Apple’s stunning Nvidia flip reveals where AI money is moving
TheStreet27d agoneutral
Apple’s stunning Nvidia flip reveals where AI money is moving

Apple (AAPL) briefly overtook Nvidia (NVDA) as the world’s most valuable company during trading on July 17. However, Apple could not maintain the lead for long. Nvidia’s market capitalization was nearly $4.95 trillion compared with about $4.91 trillion for Apple when the markets closed on Friday. ...