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Apple and OpenAI escalate legal battle over devices
AFP31d agoneutral
Apple and OpenAI escalate legal battle over devices

A legal battle between Apple and OpenAI over the ChatGPT-maker's secretive device project escalated this week when the artificial intelligence (AI) developer called the iPhone-maker's allegations "baseless" and asked for the lawsuit's dismissal.  Apple sued OpenAI last month in San Jose, California, accusing the AI company of orchestrating a campaign to steal the iPhone maker's trade secrets via former employees as it tries to develop its own consumer hardware device.

Why Apple’s 10% Drop Fails to Tell the Whole Story
Insider Monkey31d agobearish
Why Apple’s 10% Drop Fails to Tell the Whole Story

On July 30, Apple Inc. (NASDAQ:AAPL) released its fiscal third-quarter 2026 report, and the company’s shares dropped as much as 10% in the sell-off. This was a striking reaction to a quarter that produced record earnings per share and beat Wall Street’s revenue estimates. The drop says less about what Apple just did and more […]

Stocks Settle Higher as a Weak Jobs Report Allays Rate Hike Fears
Barchart31d agoneutral
Stocks Settle Higher as a Weak Jobs Report Allays Rate Hike Fears

The S&P 500 Index ($SPX ) (SPY ) closed up +0.62% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.19%. September E-mini S&P futures (ESU26 ) rose +0.55%, and September E-mini Nasdaq futures...

AbbVie (ABBV) Is Down 5.3% After Raising 2026 Revenue Outlook and Issuing New Debt - What's Changed
Simply Wall St.31d agoneutral
AbbVie (ABBV) Is Down 5.3% After Raising 2026 Revenue Outlook and Issuing New Debt - What's Changed

In late July and early August 2026, AbbVie reported stronger second‑quarter results, raised full‑year revenue guidance to about US$67.6 billion, advanced RINVOQ and BOTOX regulatory milestones, and completed a multi‑billion‑dollar mix of new fixed‑ and floating‑rate bond issuances. Together, these moves highlight how AbbVie is simultaneously expanding its immunology, neuroscience and aesthetics franchises while tapping debt markets to support its pipeline and deals such as the planned Apogee...

BlackSky Technology (BKSY) Could Be 31% Undervalued As Strong Earnings Back Guidance
Simply Wall St.31d agoneutral
BlackSky Technology (BKSY) Could Be 31% Undervalued As Strong Earnings Back Guidance

BlackSky Technology (BKSY) stock is in focus after the company reported second quarter 2026 results that combined 50.1% year over year revenue growth, a narrower loss, and reaffirmed full year revenue guidance of US$130 million to US$150 million. See our latest analysis for BlackSky Technology. BlackSky Technology's latest earnings announcement and reaffirmed revenue guidance have coincided with a sharp rebound in the stock, with a 1-day share price return of 10.37% and 7-day share price...

TTM Technologies (TTMI) Agrees Two European Acquisitions】【。
Simply Wall St.31d agoneutral
TTM Technologies (TTMI) Agrees Two European Acquisitions】【。

TTM Technologies (NasdaqGS: TTMI) announced agreements to acquire Swiss Technology Group AG and Germany based ILFA GmbH as it moves into the European market. The deals mark TTM Technologies' first direct manufacturing presence in Europe as part of its stated growth strategy. The company framed the acquisitions as a way to broaden geographic reach and customer access beyond its traditional markets. For investors watching how electronics manufacturers expand to support global demand for...

Is Vertiv Holdings Co (VRT) Fully Priced Following Raised 2026 Guidance And Strong Results?
Simply Wall St.31d agoneutral
Is Vertiv Holdings Co (VRT) Fully Priced Following Raised 2026 Guidance And Strong Results?

Vertiv Holdings Co (VRT) is back in focus after raising its full year 2026 guidance and reporting higher second quarter revenue and earnings, supported by AI-focused data center demand and expanding capacity. See our latest analysis for Vertiv Holdings Co. Vertiv Holdings Co's share price has surged 56.69% year to date, with a 7 day share price return of 20.95% after its raised 2026 guidance and recent AI data center partnerships. The 1 year total shareholder return stands at 97.63%. If...

Caterpillar (CAT) Could Be 13% Undervalued After Record Quarter And Raised Outlook
Simply Wall St.31d agoneutral
Caterpillar (CAT) Could Be 13% Undervalued After Record Quarter And Raised Outlook

Caterpillar (CAT) is back in focus after reporting record second quarter results, lifting its full year sales outlook as demand tied to AI data center construction and power generation continues to shape the story. See our latest analysis for Caterpillar. Caterpillar’s strong guidance and record backlog have pulled the stock sharply higher this year, with a year to date share price return of 43.21% and a one year total shareholder return of 107.3%. That momentum has cooled more recently, with...