Category: Apple
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‘Buy Nvidia pullback,’ Apple named Top AI Pick By Investing.com
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Investing.com – Here are analysts’ biggest moves in artificial intelligence (AI) this week. InvestingPro subscribers always get priority access to market-moving AI analyst commentary. Upgrade today! Nvidia Share Buyback Declines – UBS, BofA Wall Street analysts are urging investors to take advantage of the recent pullback in Nvidia (NASDAQ:) shares.…
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Walmart recalls apple juice sold in 25 states due to elevated arsenic levels
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Walmart has recalled nearly 10,000 cases of apple juice sold in stores across the United States that were found to contain potentially harmful levels of inorganic arsenic. The FDA gave the recall a more urgent designation on Friday after originally announcing it on Aug. 15. The new designation said the…
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Luca Maestri to step down as Apple CFO after a decade of huge growth at the iPhone giant
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Apple’s longtime CFO Luca Maestri will step down at the end of the year, handing the role to his senior vice president Kevan Barrick after more than a decade. Parikh, 52, will take over as CFO on Jan. 1, in what Apple called a “planned succession.” The company said Monday…
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Apple announces iPhone event for September 9. Here’s the bull case from Dan Loeb
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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New Apple iPhones and wearables to be unveiled Sept. 10
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Apple Inc. is planning to hold its biggest product launch event of the year on Sept. 10, when the company will unveil its latest iPhones, Watches and AirPods, according to people familiar with the situation. While the date hasn’t been announced yet, the company is preparing for that date, which…
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Why did Warren Buffett dump Apple stock?
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Some might interpret Berkshire Hathaway’s decision to sell its stake in Apple as a lack of conviction in the iPhone maker’s growth story. But many on Wall Street are urging investors to look beyond the news and stay calm. Warren Buffett’s group disclosed Saturday that it sold nearly half its…
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Buffett a ‘core believer’ in Apple
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Berkshire Hathaway (NYSE:) sold about half its stake in Apple Inc., even as the company posted record quarterly operating profit, earnings data showed on Saturday. Berkshire Hathaway sold nearly 390 million shares of Apple Inc. (NASDAQ:AAPL) stock in the second quarter, on top of the 115 million shares sold from…
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Warren Buffett’s Berkshire sold nearly half of its Apple stake By Investing.com
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Warren Buffett-led Berkshire Hathaway (NYSE: ) has significantly reduced its investment in Apple (NASDAQ: ) , selling nearly half of its shares in the tech giant. According to the latest earnings report, Berkshire’s Apple stake was worth $84.2 billion by the end of the second quarter, indicating that it had…
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Berkshire Cuts Apple Stake by Almost Half in Selling Spree
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(Bloomberg) — Berkshire Hathaway Inc. cut its stake in Apple Inc. by about 50% as part of a massive second-quarter selling spree that left billionaire Warren Buffett’s cash pile at a record $276.9 billion. Most Read from Bloomberg In all, Berkshire Hathaway sold $75.5 billion worth of shares on a…
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Apple used Google chips to train AI models
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Apple Inc. has used chips designed by Google instead of those by industry leader Nvidia for two key components of its artificial intelligence software infrastructure, reports revealed Tuesday, citing the iPhone maker’s latest research paper. Despite the dominance of Nvidia, which controls about 80% of the market, along with chips…
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2 Artificial Intelligence (AI) Stocks That Could Be Worth More Than Apple 5 Years From Now
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apple Apple is currently the world’s most valuable company with a market cap of $3.4 trillion, but it is closely followed by two other tech giants, Microsoft (NASDAQ: MSFT) And Nvidia (NASDAQ: NVDA)It is worth noting that both Microsoft and Nvidia took turns becoming the most valuable company in the…
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US union and Apple reach tentative labor agreement By Reuters
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The International Association of Automated Workers’ Alliance of Retail Employees and Aerospace and Aviation Workers reached a tentative agreement with tech giant Apple Inc on Friday on improved work-life balance, wage increases and job security. Workers at Apple’s retail store in Towson, Maryland, are scheduled to vote on the interim…
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Apple slips from top 5 smartphone brands in China: IDC, Canalys
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Apple is no longer one of the top five smartphone sellers in China, according to independent research, as the price of the iPhone falls due to a weak economy, new competition and an alleged government ban. Research published by Canalis And International Data Center This week, a smartphone shipments measurement…
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Apple rises as Baird bumps price target on AI opportunity (AAPL)
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unforgetable apple (NASDAQ:AAPLApple shares rose on Thursday after investment firm Baird raised its price target on the tech giant, citing an opportunity to boost iPhone sales due to an artificial intelligence initiative known as Apple Intelligence. We estimate that approximately 95% of “The iPhones globally, even with an initial focus…
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Apple likely to release foldable iPhone as early as 2026, the Information reports By Reuters
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(Reuters) – Apple Inc is likely to release a foldable iPhone as early as 2026, the Information reported on Tuesday, potentially marking the biggest hardware design revamp of the company’s most popular product. The Cupertino, California-based company’s plan to launch a foldable iPhone could mimic a similar move by Samsung…
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Upgrades for Apple and Shopify; downgrade for Doximity By Investing.com
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Investing.com – Here’s a professional summary of what Wall Street analysts said over the past week. InvestingPro subscribers always get priority access to market-moving AI analyst commentary. Upgrade today! apple What happened? On Monday, Loop Capital upgraded Apple (NASDAQ:) stock to Buy with a $300 price target. What is the…
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VeChain wallet VeWorld adds support for Apple Pay via Transak integration
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VeWorld, the self-custodial wallet for the VeChainThor blockchain, now supports Apple Pay through integration with service provider Transak. VeWorld crypto wallet allows users to store and manage their Vechain (VET) as well as other VechainThor (VIP180) based tokens. Users of the self-custodial wallet have access to features such as Fee…
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VeChain wallet VeWorld adds support for Apple Pay via Transak integration
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VeWorld, the self-custodial wallet for the VeChainThor blockchain, now supports Apple Pay through integration with service provider Transak. VeWorld crypto wallet allows users to store and manage their Vechain (VET) as well as other VechainThor (VIP180) based tokens. Users of the self-custodial wallet have access to features such as Fee…
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Microsoft and Apple abandon OpenAI board seats amid regulatory scrutiny
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Microsoft and Apple have withdrawn from their observer seats on OpenAI’s board of directors in response to global regulatory concerns about the relationships between big tech companies and influential AI startups. Microsoft, which has invested $13 billion in OpenAI, has informed the ChatGPT maker that it is resigning “effective immediately”…