Apple shares took a big hit Thursday after the company announced bigger-than-expected price hikes on its MacBooks and iPads. It’s a bump in the road — but one that the tech giant is well-equipped to handle. The stock had its worst single session in more than a year, falling more than 6%, as management made…
The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on Nov. 21, 2025. Kazuhiro Nogi | AFP | Getty Images SoftBank Group plunged more than 12% on Friday, leading a broad selloff in Asian technology stocks, amid mounting concerns over the rising cost of artificial intelligence infrastructure. The Japanese conglomerate led…
Micron CEO Sanjay Mehrotra speaks at a groundbreaking ceremony for the company’s semiconductor manufacturing facility in Clay, New York, on Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty Images Micron‘s revenue more than quadrupled in the fiscal third quarter, the company said on Wednesday, as the memory maker continued to benefit from soaring demand…
Signage at Google headquarters in Mountain View, California, US, on Thursday, Oct. 23, 2025. Benjamin Fanjoy | Bloomberg | Getty Images Alphabet will replace Verizon in the Dow Jones Industrial Average, S&P Global said Tuesday, further expanding megacap technology’s presence in the blue-chip average. S&P Global said the Google parent’s A shares — which trade…
Google CEO Sundar Pichai addresses the crowd during Google’s annual I/O developers conference in Mountain View, California, May 20, 2025. Camille Cohen | AFP | Getty Images More than three years into the generative artificial intelligence boom, Google has defied the many skeptics who thought ChatGPT would be the search giant’s death knell. But cracks…
Google is on pace for its worst day on the stock market in a year, as artificial intelligence concerns have mounted and two high-profile researchers departed for rivals in recent days. Shares of parent company Alphabet slid 7% Monday morning, underperforming both the Nasdaq and the rest of its megacap peers. Google’s brain drain concerns…
We are beginning to see the real weaknesses in these hyperscalers. Amazon , Alphabet , Microsoft and Meta Platforms may have the money, but they have run into a brick wall in this stock market. That brick wall is hardware. I should have realized how acute the shortage is when we saw how the memory…
Club name FedEx will soon step into the earnings spotlight after a holiday-shortened week of trading brought good news on the Iran war and oil prices. Also on our radar in the week ahead is May inflation data — though caveats are needed, as we’ll explain later — and earnings from memory chipmaker Micron ,…
Apple CEO Tim Cook and Jalen Brunson, basketball player for the New York Knicks, during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, Sept. 19, 2025. Bloomberg | Bloomberg | Getty Images For the past few years, consumers have been swarming to AI chatbots and…
The Federal Reserve gave Wall Street a reality check this week, but the S & P 500 refused to let go of its back-to-back weekly wins. Positive war developments paved the way. The S & P 500 jumped 1.1% on Thursday as investors brushed off monetary policy concerns from the session before, which caused a…
