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Bloomberg27d agoneutral
Alibaba’s Qwen Unveils Preview of Flagship AI Model

(Bloomberg) -- Alibaba Group Holding Ltd. launched a preview version of its flagship Qwen3.8 Max model, which it described as comparable to leading frontier AI models and second only to Anthropic PBC’s Fable 5.Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseTwo US Troops

Apple raises prices on key subscription services
TheStreet28d agoneutral
Apple raises prices on key subscription services

Apple isn't just counting on customers to keep buying iPhones. It also expects them to keep paying every month long after they've bought one. While Apple built its reputation selling cutting-edge devices, its fastest-growing profit engine has become Services, the business that keeps generating ...

Top analyst resets Apple stock price target ahead of earnings
TheStreet29d agoneutral
Top analyst resets Apple stock price target ahead of earnings

Apple shares hit an all-time high of $334.68 on July 16. The stock was up 23% on the year, the product pipeline was looking unusually stacked, and most of the analyst community already had a Buy on it. Then, on July 17, one of the banks that had been sitting on the sidelines decided it had seen ...

Tech, Media & Telecom Roundup: Market Talk
The Wall Street Journal29d agoneutral
Tech, Media & Telecom Roundup: Market Talk

Find insight on settlement between Apple and the DOJ, Netflix, Tech Mahindra and more in the latest Market Talks covering technology, media and telecom.

Bloomberg29d agoneutral
Apple in Early Settlement Talks With DOJ Over Antitrust Case

(Bloomberg) -- Apple Inc. and the US Justice Department are in early discussions about settling a 2024 lawsuit that alleges the iPhone maker violated antitrust laws. Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps Plan to End Visa-Free Entry for Indian Tour

Apple closes in on Nvidia in race for world's most valuable company
Reuters29d agoneutral
Apple closes in on Nvidia in race for world's most valuable company

Apple is within striking distance of overtaking Nvidia as the world's most valuable company, a milestone that would reshuffle the ranks of tech heavyweights as investors reassess the outlook for AI. Apple was last valued at $4.90 ‌trillion as its shares rose marginally in premarket trading on Friday, while Nvidia was roughly at the same level, following a 2.4% decline. If ‌Apple overtakes Nvidia, it would reclaim the top spot for the first time since April last year.

Bloomberg29d agoneutral
IBM’s Warning Is a ‘Hammer’ Slamming Down on Tech’s AI Outsiders

(Bloomberg) -- International Business Machines Corp.’s warning this week that its sales are falling well short of expectations highlights a growing divide between artificial intelligence winners and everyone else in the tech universe.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthNasdaq Futures Tumble 1.5% as Chip Rout Deepens: Ma

Bloomberg29d agoneutral
Circle Gets Street-Low Target as Stablecoin Competition Heats Up

(Bloomberg) -- Circle Internet Group Inc. shares have lost more than three-quarters of their value from the highs seen just after their initial public offering last year and as more stablecoins come to market, one analyst is warning it could get worse.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian T

Warren Buffett reveals he broke his own investing pattern
TheStreet30d agoneutral
Warren Buffett reveals he broke his own investing pattern

Legendary investor and now-retired CEO of Berkshire Hathaway (BRK.A, BRK.B), Warren Buffett, spent decades teaching investors that knowing what to sidestep is probably as important as finding what to buy. The Oracle of Omaha zeroed in on businesses with predictable demand, durable pricing power, ...

Taiwan computer chipmaker TSMC pledges another $100 billion to expand US chipmaking capacity
Associated Press30d agoneutral
Taiwan computer chipmaker TSMC pledges another $100 billion to expand US chipmaking capacity

Major Taiwan computer chipmaker TSMC said Thursday it plans to spend another $100 billion on expanding its manufacturing capacity in the United States. The world's largest contract chip manufacturing and one of the world’s most valuable companies, TSMC’s results are seen as a barometer for the global chip industry and for AI at a time when worries about a potential AI bubble have been buffeting financial markets. As AI-related demand continues to surge, it has been expanding chip fabrication plants in the U.S., Japan and Taiwan.

Apple Stock Closes at a New High. Earnings Could Change Everything.
Barrons.com31d agoneutral
Apple Stock Closes at a New High. Earnings Could Change Everything.

Apple shares rose 4% to $327.50, a new all-time closing high. The Cyberspace Administration of China on Wednesday included Apple’s generative artificial intelligence on a list of newly approved providers. Evercore ISI analyst Amit Daryanani wrote that the update clears the biggest regulatory hurdle for Apple Intelligence—the company’s AI software—in the world’s largest smartphone market.

Megacap Tech Lifts U.S. Stocks
The Wall Street Journal31d agoneutral
Megacap Tech Lifts U.S. Stocks

FINANCE U.S. stocks edged higher Wednesday as gains in megacap technology names offset weakness in chip stocks. PayPal surged on reports of a takeover offer and another round of strong bank earnings kept Wall Street in an upbeat mood.