Apple exec Eddy Cue explained why the company has not built its own search engine.Google has a deal with Apple to be its default search engine, and Apple wants to keep it that way.The exec explained Apple's reasoning in a filing related to the DOJ's antitrust case against Google.Apple says it plans to stick to what it knows best, and that doesn't include building its own search engine.Advertisement In court papers filed this week in Washington, DC, Eddy Cue, Apple's senior vice president of services, liste ...

Key TakeawaysWedbush analysts told clients in a note Thursday that Apple could be headed for a “golden era of growth” in 2025, driven by demand for artificial intelligence (AI).The analysts raised their price target for Apple's stock by $25 to $325, and maintained an "outperform" rating.Apple shares have gained over one-third of their value since the start of the year, as the company's market capitalization nears $4 trillion. Wedbush analysts led by Dan Ives, long an Apple (AAPL) bull, told clients in a not ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Apple (AAPL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Apple currently has an average brokerage reco ...

Nvidia, Meta Platforms, Alphabet, and Apple have collectively spent far more on this than they have on developing artificial intelligence (AI) solutions.Roughly three decades ago, the proliferation of the internet changed the landscape of corporate America forever. The internet opened new sales channels that had previously not existed and vastly increased addressable markets, especially overseas.Since the advent of the internet, numerous next-big-thing innovations have come along promising large dollar figu ...

Apple is currently the most valuable publicly traded company in the world, with a market value of $3.9 trillion. The company has held that title for the better part of a decade but has yet to demonstrate it can monetize artificial intelligence (AI). Consequently, I think the two AI stocks below can top Apple's current market value before the end of 2025:Nvidia (NVDA 0.39%) is currently worth $3.4 trillion. Its share price would need to increase 17% in the next year for the company to achieve a market value ...

Palantir (PLTR) - Palantir stock price increased by 386.67% from $16.58 to $80.69 since the beginning of 2024 [2] - The company's trailing PE ratio is 362x and forward PE ratio is 154x, indicating high growth valuation [2] - Institutional investors are increasingly interested in Palantir stock, and concerns about overreliance on government contracts have diminished [3] - Palantir is expected to enter the CPU market in 2025 with a TAM of $35 billion, diversifying revenue streams [4] Nvidia (NVDA) - Nvidia stock gained 189.96% in 2024, trading at $139.67 per share [6] - The company is well-positioned to benefit from the AI boom, with major tech companies planning high AI spending in 2025 [14][22] - Nvidia's forward PE ratio is 32, significantly lower than Palantir's [19] - Dips in stock price, such as after Q3 FY2025 earnings, may provide attractive entry points for long-term investors [23] Alphabet (GOOGL) - Alphabet stock returned 40.86% YTD, trading at $194.63 [12] - The company is highly diversified, with ventures in self-driving (Waymo), biotech (Calico), and quantum computing [8] - Google's core businesses (advertising, cloud services, software tools) are expected to see accelerating revenues from AI and automation [12] - Alphabet has a dominant footprint in the digital realm, with internet usage often synonymous with Google [15] Apple (AAPL) - Apple stock provided a 37.51% return in 2024, trading at $255.27 [9] - The company is the largest publicly traded company globally and is a contender to reach a $4 trillion market cap [21] - Apple maintains a diversified ecosystem and entered the AI race with the release of Apple Intelligence in late October [20] - Warren Buffett maintains a sizable position in Apple, though he has reduced his stake recently [17] Big Tech Industry - Big tech has dominated the investing landscape since the 2008 financial crisis, with significant growth post the dot com crash [11] - The influence of big tech on society is stronger than ever, driven by the AI revolution [5] - Several major tech companies are gearing up for another year of impressive returns, despite already high valuations [13]

Berkshire Hathaway's Investment Strategy - Warren Buffett's leadership has driven Berkshire Hathaway's stock to a compound annual return of 19.8% since 1965, turning a $1,000 investment into $42.5 million [1] - Buffett's strategy focuses on companies with steady growth, robust profitability, strong management, and shareholder-friendly initiatives like buybacks and dividends [11] Amazon (AMZN) - Amazon is the world's largest e-commerce company and is leveraging AI in its fulfillment centers and through its AI shopping assistant, Rufus [2] - AWS, Amazon's cloud computing platform, is a key focus for investors as it aims to dominate the three core layers of AI: infrastructure, large language models (LLMs), and software [2] - AWS operates data centers with Nvidia's chips and its own custom chips, Trainium and Inferentia, which can save up to 50% on AI training costs [3] - AWS Bedrock platform offers third-party LLMs and Amazon's in-house Titan models, while the Q virtual assistant helps businesses extract insights and generate code [3] - Berkshire Hathaway invested $2.2 billion in Amazon in 2019, with potential for significant long-term gains if Amazon's AI initiatives succeed [4] - AWS revenue grew 19% YoY to $27.4 billion in Q3 2024, with AI revenue growing at a triple-digit percentage rate [13] Coca-Cola (KO) - Coca-Cola has embraced AI, appointing a "head of generative AI" and using AI to create promotional products like Coca-Cola Y3000 [5][6] - Berkshire Hathaway's $1.3 billion investment in Coca-Cola between 1988 and 1994 is now worth $25 billion, with AI potentially adding further value [7] - AI is a key part of Coca-Cola's marketing strategy, including interactive campaigns like "Create Real Magic" [14] - Coca-Cola plans to invest $1.1 billion over five years in AI services through Microsoft Azure to improve supply chains, productivity, and marketing [15] Apple (AAPL) - Berkshire Hathaway invested $38 billion in Apple between 2016 and 2023, with the stake worth over $170 billion at the start of 2024 [8] - Apple Intelligence, launched in partnership with OpenAI, introduces transformative AI features like email summarization, proofreading, and image generation [9][16] - Siri now integrates OpenAI's ChatGPT, enhancing its capabilities [9] - Apple has over 2.2 billion devices worldwide, positioning it as a potential leader in consumer AI distribution [17] - Despite selling over half of its Apple shares in 2024, Apple remains Berkshire's largest holding at 25.8% of its portfolio [10][16]

This chart features all eight American technology stocks with valuations of $1 trillion or more, and their respective returns in 2024 so far. Their average return for the year works out to around 67%. By comparison, the S&P 500 is up by just 26%. Here's why that's important. Those eight tech giants have a combined weighting of 35.9% in the S&P 500, meaning investors who don't own them are almost certainly underperforming the index. Since themes like artificial intelligence (AI) will likely continue driving ...

“If Santa should fail to call, bears may come to Broad and Wall.” – Yale HirschIt’s been a sluggish start to December with the S&P 500 down about 1% on the month as of early Tuesday morning.On a positive note, the days surrounding the Christmas holiday have historically been some of the most bullish times of the year. Dating back to 1988, the second day before Christmas (which fell on yesterday this year) is the most bullish, with the S&P 500 rising more than 70% of the time over the past 36 years. That tre ...

Apple has asked to participate in Google’s upcoming US antitrust trial over online search, saying it cannot rely on Google to defend revenue-sharing agreements that send the iPhone maker billions of dollars each year for making Google the default search engine on its Safari browser.Apple does not plan to build its own search engine to compete with Alphabet’s Google, whether or not the payments continue, the company’s lawyers said in court papers filed in Washington on Monday. Apple received an estimated $20 ...