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Apple and Google instructed by House committee to prepare to dump TikTok next month
CNBC· 2024-12-13 19:26
A supporter holds up a sign that read "TikTok" during a news conference on TikTok in front of the U.S. Capitol on March 22, 2023 in Washington, DC.House Committee members are urging the top executives of Apple and Google to be prepared to comply with a law that could result in TikTok facing an effective ban in the U.S. next monthLetters were sent on Friday to Apple CEO Tim Cook and Alphabet CEO Sundar Pichai from Reps. John Moolenaar (R-Mich.) and Raja Krishnamoorthi (D-Ill.) of the Select Committee on the ...
Apple Remains the 'Top Pick' at Morgan Stanley, Which Sees AI Driving iPhone Sales
Investopedia· 2024-12-13 18:56
Key TakeawaysMorgan Stanley kept Apple as its "Top Pick" for 2025 as the bank sees the tech giant's artificial intelligence (AI) product driving iPhone sales.Morgan Stanley analysts said Apple is on the cusp of "its largest device upgrade cycle ever."Morgan Stanley reiterated its "overweight" rating and price target of $273, above Apple's record close near $248 on Thursday. Apple (AAPL) remained Morgan Stanley's "Top Pick" heading into 2025, with the Wall Street bank saying that the tech giant’s artificial ...
Watch These Apple Price Levels as AI Optimism Propels Stock To Record High
Investopedia· 2024-12-13 13:20
Key TakeawaysApple shares are in the spotlight after setting another record closing high Thursday, as optimism grows that the iPhone maker’s AI features could accelerate sales growth. The stock has continued to trend higher after breaking out above an ascending triangle, though the move has occurred on declining weekly trading volumes, indicating that larger market participants may remain on the sidelines.Bars pattern analysis forecasts a bullish price target of around $300 and projects that the stock's cur ...
39.5% of Warren Buffett's $300.5 Billion Berkshire Hathaway Portfolio Is Invested in These 2 S&P 500 Dividend Stocks
The Motley Fool· 2024-12-13 09:56
Warren Buffett loves dividend stocks, and these are his biggest bets.Under the leadership of CEO Warren Buffett, Berkshire Hathaway has become one of history's most successful businesses. The investment conglomerate has a market capitalization of more than $1 trillion, and it currently ranks as the world's 10th most valuable company. In addition to its collection of partly and fully owned private subsidiaries, Buffett's company owns a portfolio of publicly traded stocks that's currently worth $300.5 billion ...
Meet the Supercharged Artificial Intelligence (AI) Growth Stock That Could Join Apple, Nvidia, and Microsoft in the $3 Trillion Club by 2027
The Motley Fool· 2024-12-13 09:02
This tech giant is a household name and could be among the biggest beneficiaries of AI.The latest advances in artificial intelligence (AI) have had a profound impact on the tech landscape, minting a new generation of trillionaires in the process. The ability of these advanced algorithms to create new content, streamline processes, and increase productivity will usher in the fourth industrial revolution, according to many experts.Apple, Nvidia, and Microsoft are the world's three most valuable companies, spo ...
Apple Stock vs. Tesla Stock: Billionaires Are Buying One and Selling the Other Ahead of 2025
The Motley Fool· 2024-12-13 09:00
Apple (AAPL 0.60%) and Tesla (TSLA -1.57%) are two of the largest and most popular stocks among retail and institutional investors. But a few billionaire-led hedge funds sold Apple and bought Tesla during the third quarter. Here are the details.Israel Englander of Millennium Management sold 11.5 million shares of Apple, reducing his stake by 90%. Apple had been one of his 10 largest holdings, but it no longer ranks in the top 50. Meanwhile, Englander bought 225,760 shares of Tesla, increasing his position b ...
Apple IPO anniversary: How much would a $1,000 investment be worth today?
Fox Business· 2024-12-12 22:14
Apple on Thursday marked the 44th anniversary of the tech giant's initial public offering (IPO) just days after its market capitalization reached a new all-time high that emphasized its growth over the last four decades. Apple shares reached $250.42 during Wednesday's trading session, an all-time high that followed a record close of $247.70 at the end of Tuesday's trading day. Though it has since declined from that peak to just under $248 a share during Thursday's session, the company's market capitalizatio ...
United Airlines Integrates Apple AirTag Into App To Help Track Lost Bags
Investopedia· 2024-12-12 19:10
Key TakeawaysTravelers with Apple AirTags in their checked bags can now share location data through the United Airlines app.The feature is intended to help the airline's customer service team track down lost bags more quickly.Apple’s new iOS 18.2 update includes a "Share Item Location" feature that allows data sharing with third parties. United Airlines (UAL) passengers with lost baggage may be reunited with their items more quickly thanks to new integration between the carrier's mobile app andApple (AAPL) ...
Apple working with Broadcom to develop first AI chip: report
Proactiveinvestors NA· 2024-12-12 15:56
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Apple's AI Chips Could Shake Up The Market (Rating Upgrade)
Seeking Alpha· 2024-12-12 15:31
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Apple Inc. (NASDAQ: AAPL ) is reportedly teaming up with Broadcom ( AVGO ) to launch its own artificial intelligence chip. The details of this chip are un ...