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Market Close: Stocks Higher, Apple Hits Record; United Warns on Jet Fuel • 7/15/26
CNBC Television· 2026-07-15 21:02
I'm Jessica Edinger, CNBC. Wall Street opens Thursday morning after a winning Wednesday for the major averages. The Dow up 150 points.It was led higher by shares of Apple up 4%. The S&P 500 index added 28 points. The Nasdaq added 162 points.Chipmaker shares were mixed. Nvidia and Broadcom were in the green. Micron down 8%.After the closing bell on Wednesday, United Airlines ticked lower in after hours trading on its quarterly results. >> This is a beat on the top of the bottom line for United Airlines in th ...
Alibaba's Qwen AI model will be integrated into Apple systems in China
CNBC Television· 2026-07-15 19:30
More than 3% higher this morning, neck-in-neck with Nvidia on market cap. And some of that today, Carl, could just be a rotation out of chips and into mega-cap tech, but the biggest catalyst I see is China, where Apple Intelligence has cleared a major regulatory hurdle. The country's cyberspace regulator just today approving the service for use on iPhones after 2 years of delays.Now, there's still no official launch date, and this is not yet a green light for Siri AI to run on Chinese iPhones. Apple has sai ...
Market Midday: Stocks Turn Lower, Apple Hits Record; SpaceX Hits New Low • 7/15/26
CNBC Television· 2026-07-15 17:22
I'm Jessica Edinger, CNBC. The major averages have all turned lower this afternoon on Wall Street. An abrupt turnaround.The Dow down 58 points being led lower by shares of Cisco which are down 5%. The S&P 500 index down 14, the Nasdaq now down 48 points. Chipmaker shares all in the red micron tanking 10% this afternoon.Intel down 7%. AMD down 6%. One company whose shares hit a fresh all-time high today, Apple, an increase of more than 4% this afternoon.The biggest catalyst I see is China, where Apple intell ...
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TechCrunch· 2026-07-15 15:31
Apple Intelligence approved for launch in China with Alibaba’s Qwen AI https://t.co/RR462GkmtP ...