Warby Parker said on Monday it is collaborating with Alphabet's Google to develop lightweight AI-powered glasses, with the first product expected to launch in 2026. ...

A Google logo is at the announcement of Google's biggest-ever investment in Germany on November 11, 2025 in Berlin, Germany.Google on Monday said it plans to launch the first of its AI-powered glasses in 2026, as the tech company ramps up its efforts to compete against Meta in a heating consumer market for AI devices. The Alphabet-owned company is collaborating on hardware design with Samsung, Gentle Monster and Warby Parker, with whom Google agreed to a $150 million commitment in May.Google plans to releas ...

Several bigshots in Cupertino are getting a career change for the holidays.In the last seven days, there has been extraordinary turnover among Apple's top ranks, from its head of artificial intelligence to its top lawyer.CEO Tim Cook now has two fewer direct reports than he did before Thanksgiving.The executive who designed the software for the Apple Vision Pro also bounced, and is heading to Meta to do the same thing for AI glasses in Menlo Park.As if last week's departures weren't enough, there was anothe ...

John Ternus , Apple’s senior vice president of hardware engineering, has emerged as the leading internal candidate to replace Cook. Ternus, 50, joined Apple’s product design team in 2001 and has overseen hardware engineering for every generation of iPad, the latest iPhone lineup, and AirPods. He played a crucial role in the Mac’s transition to Apple silicon.The scale of the turnover has been striking, but the timing appears connected to succession planning. Both Bloomberg and the Financial Times have report ...

Another new report on what's happening in the top levels at Apple. Steve Kovak has that story for us. Hey Steve.>> Yeah, Mike. Lots of changes there. And by the way, this is all after lots of big shots in Certino have been getting those new careers for the holidays.Several changes have been happening in just the last seven days on top of several departures over the last few months. Now, someone not leaving that would be Chip boss Johnny. Now, let me give you a little drama that happened over the weekend.Blo ...

Berkshire Hathaway on Monday announced a slew of executive shakeups ahead of Warren Buffett’s departure this year, including Geico CEO Todd Combs, who is heading to JPMorgan Chase.Combs, 54, will lead JPMorgan’s new Security and Resiliency Initiative, where he will have $10 billion to start launching investments in defense, aerospace, health care and energy.The hedge fund manager came to Berkshire in 2010 to help manage the conglomerate’s portfolio of investments. He liquidated his hedge fund, Castle Point, ...

Johny Srouji, senior vice president of hardware technologies at Apple Inc., speaks during the Peek Performance virtual event in New York, U.S., on Tuesday, March 8, 2022.Apple chip leader Johny Srouji addressed rumors of his impending exit in a memo to staff on Monday, saying he doesn't plan on leaving the company anytime soon."I love my team, and I love my job at Apple," he wrote.Bloomberg reported on Saturday that Srouji had told CEO Tim Cook that he was considering leaving, citing people with knowledge o ...

Core Viewpoint - A section of Wall Street is optimistic about Apple stock, anticipating renewed momentum due to the company's increased focus on artificial intelligence [1][3]. Price Target Adjustments - Wedbush analyst Daniel Ives raised Apple's price target to $350 from $320, maintaining an 'Outperform' rating, with expectations for a full entry into the AI market by 2026 [3][4]. - Evercore ISI also increased its price target for Apple to $325 from $300, highlighting the upcoming AI strategy as a significant growth catalyst [5]. AI Strategy and Market Entry - Ives expects strong iPhone 17 sales, particularly in China, to support Apple's AI strategy, which is becoming clearer under new leadership [3][4]. - A major relaunch of Siri 2.0 is anticipated in early 2026, powered by Google Gemini, offering enhanced features and privacy-focused architecture [5][6]. Monetization Opportunities - AI monetization could potentially add between $75 and $100 per share over the coming years, with CEO Tim Cook expected to lead through at least 2027 [4]. - Apple is expected to provide access to larger AI models like ChatGPT and Gemini, presenting long-term monetization opportunities [6]. - The company is also exploring revenue from AI-as-a-Service, faster device upgrades, and expanded partnerships with large language models [6][7]. Overall Outlook - The firms reiterated their 'Outperform' ratings, expecting Apple to maintain a capital-light AI approach while generating new revenue streams through an "AI toll booth" model [7].

Apple experiencing a significant wave of executive departures departures. The latest news Bloomberg reports that the company's senior vice president of hardware technologies recently told CEO Tim Cook that he's thinking about leaving. And joining us now emit Daria Nani uh Evercore IT uh hardware networking equipment senior analyst who just raised his price target to 325 uh from 300.So at this point um you're like most of the people we've talked to this is not at least near-term a reason to become more negat ...

Time now for Options Corner. Joining us to take a deeper look at the chart for Apple. Rick Dukat, lead market technician.All right. Uh Rick, when you take a look at this chart, what trends do you notice. >> Had a a bit of a resurgence recently.Now, it's about on par with the S&P 500, the broader market here. But we can also see notably underperforming its own tech sector still, which is up about 22.5% versus Apple up about 13%. Apple for a while also had the rather dubious distinction of being the worst per ...