Are you trying to say that the institutions are trying to knock the price down??? NO WAY!!!😁

OK, I'm done being an idiot, and really NOT interested in politics, but was there ever a guy like Lutnick in a presidential administration? To equalize that comment, there are plenty of Democrats trading from info on the inside, but Lutnick is always smiling. I wonder why?🤔

Is what it is, we investors (who look for value) just have to ignore the BS since it's their game to get investors to shake loose when it works for them to get the price knocked down. Peace, sir, and VERY well said.

Ternus has an interesting history - in a good way. In his senior year at UPenn, for his "senior project," he developed a machine for people with quadraplegia to feed themselves. Can't think of a more sympathetic concept than that. He sounds like a really good guy and incredibly smart.

I am wondering now if they are finally going to make use of Liquidmetal (which Ternus has been heavily involved with, apparently) for the foldable hinge, and how that would work for both companies. To be determined, but the timing looks right with Samsung's foldable phone having come out already.

Rothschild upgrades Apple to Buy as foldable iPhone and AI strategy drive optimismAugust 17, 2026 6:35 AM
IH Market News Rothschild & Co Redburn has upgraded Apple (NASDAQ:AAPL) from Neutral to Buy and lifted its price target sharply to $400 from $260, citing the company’s expected entry into foldable smartphones alongside the potential evolution of its artificial intelligence strategy. Analysts led by Timm Schulze-Melander said Apple’s AI offering, Apple Intelligence, has so far fallen short of expectations, with the technology group relying on a customised version of Google’s Gemini model for capabilities including an upgraded Siri. Apple is reportedly paying Google around $1 billion annually to access the model. At the same time, Google continues to pay Apple approximately $27.5 billion each year to secure search placement across its devices. Open-source AI could reduce Apple’s dependence on Google Redburn believes Apple could improve its competitive position by embracing open-source AI models, potentially through a partnership with Nvidia. The analysts described such an approach as “Fast Follower 2.0.” The team highlighted Nvidia’s Nemotron models, saying the technology “matches closed, frontier model performance” and could provide Apple with an alternative to its current dependence on Google’s AI technology. However, the analysts acknowledged that relations between Apple and Nvidia have previously been “genuinely acrimonious,” potentially complicating any closer partnership between the companies. A shift towards open-source models could nevertheless give Apple greater flexibility as it attempts to strengthen its position in generative AI without bearing all the costs and development risks associated with building frontier models internally. Foldable iPhone could provide new growth catalyst Another central factor behind Redburn’s upgrade is Apple’s anticipated launch of a foldable iPhone, expected in September. The broker forecasts sales of 14 million iPhone Ultra units during fiscal 2027 and estimates that only 4 million of those purchases will replace demand that would otherwise have gone towards conventional iPhones. Redburn expects the new device to be priced at $2,199, representing an 83% premium to the iPhone 17 Pro Max. The analysts argued that Apple’s history suggests it could significantly expand the foldable smartphone category rather than simply take market share from existing manufacturers. They pointed to AirPods and Apple Watch as examples, with Apple capturing between 65% and 75% of incremental unit growth in their respective product categories following launch. Redburn expects the foldable model to increase average iPhone selling prices by 11% by June 2027. Revenue and earnings estimates move above consensus The broker’s confidence in the foldable strategy has resulted in significantly more optimistic forecasts for Apple’s core smartphone business. Redburn’s iPhone revenue projections are between 3% and 14% above consensus estimates across fiscal 2026 to fiscal 2030. Its overall earnings forecasts are also increasingly bullish over the longer term, reaching between 8% and 18% above consensus by fiscal 2030. The combination of higher device prices, incremental unit demand and a potentially more flexible AI strategy forms the central argument behind the new $400 price target. Production and consumer adoption remain key risks Redburn nevertheless identified several risks that could challenge its investment thesis. Potential delays to production of the foldable iPhone are one concern, while technical difficulties surrounding display “crease visibility” and hinge durability could complicate manufacturing or affect consumer perceptions of the device. Apple’s continued dependence on third-party AI models also remains a strategic risk if the company is unable to establish a more independent approach to artificial intelligence. Consumer demand for foldable smartphones represents another uncertainty. The analysts noted that a 2023 CNET survey found 64% of consumers did not want a foldable handset. More recent research offers a considerably more encouraging picture for Apple, however. A Forbes survey found that 61% of consumers “would gain immediate confidence” in foldable smartphones if Apple entered the category. Apple stock priceThe post Rothschild upgrades Apple to Buy as foldable iPhone and AI strategy drive optimism appeared first on US Editors. Original: Rothschild upgrades Apple to Buy as foldable iPhone and AI strategy drive optimism

🚨 AI HAS A MATERIALS PROBLEM.

Silver 🥈 is critical to high-performance electrical infrastructure, while ultra-high-purity quartz (HPQ) is essential to semiconductor manufacturing.

Both face supply constraints. The AI boom isn't just about chips—it’s about the materials behind them. $AAPL

AAPL off the highs https://schrts.co/JurtFGXC

Apple Develops China-Specific AI Model With Alibaba Support, Reuters ReportsAugust 14, 2026 6:14 AM
IH Market News Apple Inc (NASDAQ:AAPL) has trained its own large language model specifically for the Chinese market with assistance from Alibaba (NYSE:BABA), Reuters reported on Friday, signalling a change in the technology giant’s approach to introducing artificial intelligence services in China. The development could give Apple greater control over its AI technology as it prepares to bring Apple Intelligence to Chinese users. It could also help the company comply with strict domestic regulations while competing more effectively against local smartphone manufacturers such as Huawei. According to three people familiar with the matter cited by Reuters, Apple developed the China-focused model in collaboration with Alibaba. The iPhone maker had previously been expected to rely more heavily on AI models supplied by Chinese technology companies. Alibaba Qwen set to support Apple Intelligence Under an arrangement approved last month by China’s Cyberspace Administration, Alibaba’s Qwen model is expected to be integrated into Apple Intelligence on compatible iPhones, iPads, Macs and Vision Pro devices sold in China. Reuters reported that technology supplied by Baidu is also expected to form part of Apple’s AI offering in the country. These partnerships are important because foreign technology companies must comply with China’s regulatory framework for generative AI services, making locally approved technology a key component of Apple’s strategy. Apple’s decision to develop its own model alongside these partnerships suggests the company is pursuing a more flexible approach rather than relying entirely on third-party AI providers. Apple adopts dual-track AI strategy in China A proprietary China-specific model could allow Apple to combine its own artificial intelligence technology with systems from locally approved partners. Such an approach could help the company satisfy regulatory requirements while preserving more control over how Apple Intelligence functions across its devices and how users interact with AI-powered features. The precise role of Apple’s internally trained model alongside Alibaba’s Qwen, Baidu technology and other potential third-party systems has yet to be determined, according to Reuters. However, the development indicates that Apple is seeking greater technological independence within the constraints of China’s tightly regulated AI market. Apple Intelligence prepares for China launch Apple Intelligence is expected to become available in China in the coming months following regulatory approval. Apple has already begun testing elements of its collaboration with Alibaba. Eligible Mac users in mainland China have reportedly been given the ability to connect Alibaba’s Qwen service with Siri and Writing Tools. The rollout would address a significant gap in Apple’s current product offering, as Chinese users have so far been unable to access the full range of Apple Intelligence capabilities available in some other markets. Apple seeks to strengthen its position against Chinese rivals The expansion of Apple’s AI capabilities comes as the company attempts to regain momentum in the highly competitive Chinese smartphone market. Domestic manufacturers have moved rapidly to introduce generative AI tools and other intelligent features across their devices, increasing competitive pressure on the iPhone. The absence of Apple Intelligence on Chinese iPhones has been cited as one factor limiting Apple’s ability to compete with local brands offering increasingly sophisticated AI capabilities. By combining its own model with technology from Alibaba and potentially Baidu, Apple could accelerate the introduction of locally compliant AI services while maintaining greater influence over its broader software ecosystem. Reuters said it remains unclear exactly how Apple’s self-trained model will ultimately operate alongside Qwen and other third-party technologies once Apple Intelligence is fully introduced in China. Apple stock price Alibaba Group Holdings stock priceThe post Apple Develops China-Specific AI Model With Alibaba Support, Reuters Reports appeared first on US Editors. Original: Apple Develops China-Specific AI Model With Alibaba Support, Reuters Reports

Apple opens Advanced Manufacturing Center in HoustonAugust 13, 2026 2:30 PM
Business Wire New training center helps American workers and businesses expand smart manufacturing skills Apple® today opened its new Advanced Manufacturing Center (AMC) in Houston. The center offers free training and educational sessions for small- and medium-sized businesses, giving them direct experience with state-of-the-art equipment, interactive labs, and tools they need to accelerate innovation. The AMC is located within the same Houston facility that builds and ships Apple’s advanced AI servers and will begin manufacturing Mac mini® this year. At the center — the company’s second U.S. manufacturing learning site — experts teach participants many of the same innovative processes used to make Apple products. As part of the center’s kickoff event, Apple is proud to host U.S. Secretary of Commerce Howard Lutnick, U.S. Senator Ted Cruz, U.S. Representative Christian D. Menefee, Houston Mayor John Whitmire, and Harris County Precinct One Commissioner Rodney Ellis, along with other officials and community partners. They are joining Apple leaders and the AMC’s first cohort of small- and medium-sized business leaders for a full day of hands-on training and programming. “In less than nine months, we have invested hundreds of millions of dollars into this Houston facility. We stood up a factory, started production, and shipped the first advanced AI servers off the line. Today, we’re thrilled to open our new Advanced Manufacturing Center, a place where businesses, workers, and students can learn the same innovative processes that we use to make Apple’s most groundbreaking products. And we’re pleased to begin Mac mini production later this year,” said Tim Cook, Apple’s CEO. “We believe in American workers and American ingenuity, and we are moving at an incredible pace because we want to build more than great products. We want to build the future of American manufacturing.” “This opening is an important step in Apple delivering on its promise to bring its manufacturing back to America,” said U.S. Secretary of Commerce Howard Lutnick. “With this Advanced Manufacturing Center, Apple will equip American workers with the skills they need to lead the next generation of technology.” Inside the 20,000-square-foot center, Apple experts will share their knowledge directly with participating businesses and entrepreneurs to help accelerate smart manufacturing across America. Curriculum topics will range from classroom sessions on advanced manufacturing principles for final assembly and design considerations for printed circuit board assembly, to interactive workshops that make use of the site’s representative production facility and equipment. As programming expands, the AMC will offer the same hands-on training to local college students, equipping the next generation of American manufacturing workers with critical skills. To mark the AMC’s opening, its first cohort of small- and medium-sized business leaders is spending the day immersed in hands-on training led by Apple engineers, covering smart manufacturing techniques like machine-learning-driven quality control and advanced automation. Participants are learning how to identify and adapt to production challenges in real time, engage with the lab’s holographic table and advanced factory-floor equipment, and gain hands-on experience assembling and laser etching a product themselves. The AMC builds on the work of the Apple Manufacturing Academy, which opened in Detroit in August 2025 and has already helped nearly 1,000 American companies learn smart manufacturing techniques and integrate AI into their production processes. The Apple Manufacturing Academy’s virtual programming also offers flexible, on-demand learning covering topics including automation, quality control optimization, and machine learning with vision, as well as professional development training. Apple announced earlier this year that it will bring Mac mini production to Houston. The company shipped its first advanced AI servers less than a year after identifying a factory site. Since announcing a $600 billion commitment last year, Apple and its American Manufacturing Program partners have invested in designing and producing custom silicon, advanced components, and cover glass in the U.S., demonstrating the company’s long-standing commitment to strengthening the country’s advanced manufacturing sector. Businesses interested in the Advanced Manufacturing Center can sign up to be notified for future sessions. Texas Governor Greg Abbott:
“Apple’s expansion in Houston underscores Texas as the epicenter of American industry and innovation. This new facility will deliver the skills Texans need to excel in advanced manufacturing. We thank Apple for its confidence in the Lone Star State.” U.S. Senator Ted Cruz:
“Apple’s new Advanced Manufacturing Center underscores that Texas is the best state in the country to do business. We prioritize innovation, competition, and make it easy for employers to grow and thrive. This new facility will drive job creation and directly benefit our communities by giving small- and mid-sized businesses access to cutting-edge equipment, interactive labs, and operations expertise. This project isn’t just great news for Lone Star State businesses, however. It’s great news for Texas working families.” U.S. Representative Christian D. Menefee:
“I’m excited about the opportunity Apple is bringing to Houston — partnering with small businesses, keeping manufacturing in the U.S., and creating jobs so folks in our community can build a future right here at home. This is a good day for Houston.” Houston Mayor John Whitmire:
“Houston is grateful to Apple for this significant investment in our city. The Advanced Manufacturing Center will create local jobs and will continue improving the quality of life of Houston residents. The AMC also recognizes our city as a growing technology hub and solidifies Houston’s leadership in the manufacturing sector of the United States.” Harris County Precinct One Commissioner Rodney Ellis:
“I am proud that Apple chose Harris County for this investment. My office has consistently fought to bring good jobs within reach of working people and ensure small businesses — especially those historically shut out — have a fair opportunity to compete and grow. At a time when rising costs are squeezing families here and across the country, this new center can help create pathways to greater economic security. I want every young person growing up in our neighborhoods, every student at a university or community college, and every small business owner working to grow their business to know there is a place for them in the future being built here. Investments like these expand opportunity to ensure that no one is left behind.” Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it. NOTE TO EDITORS: For additional information visit Apple Newsroom (www.apple.com/newsroom), or email Apple’s Media Helpline at media.help@apple.com. © 2026 Apple Inc. All rights reserved. Apple, the Apple logo, and Mac mini are trademarks of Apple. Other company and product names may be trademarks of their respective owners. View source version on businesswire.com: https://www.businesswire.com/news/home/20260813257833/en/ Press Contacts: Nick Leahy
Apple
nleahy@apple.com Anna Mitchell
Apple
anna_m@apple.com Apple Media Helpline
media.help@apple.com Original: Apple opens Advanced Manufacturing Center in Houston

Jeffries downgraded Apple from Hold to Underperform. They're trying to get their traders in low prior to Apple's annual September event. These investment firms should be charged with fraud. What a load of BS. Time to buy...

Apple reportedly tests CXMT memory chips as AI demand tightens global supplyAugust 10, 2026 6:16 AM
IH Market News Apple Inc (NASDAQ:AAPL) is reportedly evaluating memory chips produced by China’s CXMT Corp for use across products including iPhones and MacBooks as surging artificial intelligence investment places increasing pressure on global memory supplies. According to The Wall Street Journal, Apple has also held preliminary discussions with CXMT about potentially sourcing memory components for devices sold within China, citing people familiar with the matter. Any deeper commercial relationship could face political and regulatory complications, however, given existing U.S. restrictions governing technology transfers to the Chinese semiconductor manufacturer. Memory shortage puts pressure on Apple costs Apple has been increasing prices for products in markets around the world, pointing partly to rising memory costs as AI companies compete with consumer electronics manufacturers for increasingly constrained supplies. Adding CXMT to its supplier network could potentially provide Apple with another source of memory components and help diversify procurement at a time when demand from artificial intelligence infrastructure is tightening availability across the semiconductor industry. However, CXMT may have limited ability to provide immediate relief. The Chinese manufacturer has reportedly already allocated its available production capacity for 2026, leaving little room to accommodate significant new international orders. Cost advantages are also uncertain. CXMT’s memory products can reportedly be priced at similar or even higher levels than components supplied by established global manufacturers including Micron Technology, SK Hynix and Samsung Electronics. U.S. export restrictions could limit Apple-CXMT cooperation Regulatory restrictions represent another potential obstacle. U.S. export controls prevent American companies from transferring certain technologies to CXMT, potentially limiting Apple’s ability to collaborate with the manufacturer on customised memory products. However, existing rules do not necessarily prevent Apple from purchasing standard components. Export-control lawyer Kevin Wolf told The Wall Street Journal that off-the-shelf memory products can still be used under the current restrictions. This distinction could provide Apple with a route to sourcing CXMT components without engaging in the deeper technical collaboration normally required for customised semiconductor development. AI memory crunch weighs on smartphones and PCs The global shortage of memory components is already beginning to affect consumer electronics shipments. Counterpoint Research data cited by The Wall Street Journal showed worldwide PC shipments declined 4% year-on-year during the second quarter, while smartphone shipments fell 11%. At the same time, CXMT is rapidly expanding its position in the global memory industry. The Chinese company’s revenue increased more than eightfold during the second quarter, while its share of worldwide DRAM revenue reached 7%. CXMT is continuing to invest in additional manufacturing capacity and reportedly aims to more than double production by 2028. For Apple (NASDAQ:AAPL), evaluating CXMT provides another potential option for navigating an increasingly constrained global memory market. However, capacity limitations, uncertain pricing advantages and U.S. technology restrictions mean the Chinese supplier may offer diversification rather than an immediate solution to the supply pressures created by the AI boom. Apple stock priceThe post Apple reportedly tests CXMT memory chips as AI demand tightens global supply appeared first on US Editors. Original: Apple reportedly tests CXMT memory chips as AI demand tightens global supply

~bought more 9/18 $400 calls average now .12c…I’m one hundred contracts in this.  

~bought some 9/18 $400 calls @.13c.  That gapped down imo very unwarranted. 

Apple Seeks Court Order Against OpenAI in Expanding Trade Secrets DisputeAugust 4, 2026 6:19 AM
IH Market News Apple (NASDAQ:AAPL) has asked a U.S. federal court to issue a preliminary injunction preventing OpenAI and two former Apple employees from accessing, using or disclosing confidential information as the technology giant pursues its trade secrets lawsuit. The request marks the latest development in Apple’s legal action against OpenAI, which it accuses of misappropriating proprietary information to support its expansion into consumer hardware. Apple Pushes for Injunction and Faster Evidence Gathering Alongside its request for a preliminary injunction, Apple also filed a motion seeking expedited discovery to accelerate the collection of evidence in the case. The company wants documents relating to the defendants’ alleged access to Apple’s confidential and trade secret information and has asked the court to order depositions from former Apple employees Chang Liu and Tang Yew Tan, who now work for OpenAI. Apple also requested depositions from OpenAI employee Yu-Ting Peng, another unnamed OpenAI employee who previously worked at Apple, as well as corporate representatives from both OpenAI and io Products, OpenAI’s commercial hardware division, which has also been named as a defendant. Liu previously served as a senior system electrical engineer at Apple, while Tan was the company’s vice president of product design for the iPhone and Apple Watch. Apple Warns of Lasting Harm In its court filing, Apple argued that immediate legal action is necessary to prevent further damage. “Apple will be irreparably harmed absent a preliminary injunction,” the company said. OpenAI Rejects Apple’s Allegations OpenAI dismissed Apple’s claims, arguing that the requested court order is unnecessary. “Apple’s request for a preliminary injunction is both based on false information and completely unnecessary because we do not have, nor want, any of their trade secrets,” OpenAI said in a blog post published late Monday. Legal Battle Highlights Growing AI Hardware Competition Apple filed the lawsuit last month in the U.S. District Court for the Northern District of California, alleging that OpenAI and the two former employees improperly used confidential company information to support the ChatGPT developer’s consumer hardware ambitions. The case follows OpenAI’s successful defence against a separate legal challenge brought by Elon Musk’s xAI and is expected to become a closely watched dispute over the future of AI-powered consumer devices. Industry analysts believe OpenAI is developing its own smartphone or another consumer hardware product that could eventually compete with traditional mobile platforms, potentially challenging Apple’s dominance in the premium smartphone market. Apple stock priceThe post Apple Seeks Court Order Against OpenAI in Expanding Trade Secrets Dispute appeared first on US Editors. Original: Apple Seeks Court Order Against OpenAI in Expanding Trade Secrets Dispute

AAPL buy the dip https://schrts.co/iMRNAHFr

Apple stock drops 7% as chip squeeze clouds record quarterJuly 31, 2026 4:58 PM
IH Market News Key takeaways Apple shares closed 7.4 per cent lower after its September-quarter revenue outlook missed Wall Street expectations. Fiscal third-quarter revenue rose 16 per cent to a record US$109.4 billion, while diluted earnings increased 29 per cent to US$2.02 per share. iPhone and Mac sales exceeded forecasts, but Services, iPad and Greater China revenue fell short of consensus estimates. Apple expects worsening processor shortages and higher memory costs to constrain iPhone, Mac and iPad availability. Tim Cook said Apple had “reluctantly” raised some prices amid a “100-year flood on memory pricing.” Apple Inc. (NASDAQ:AAPL) shares suffered their steepest post-earnings decline in more than a decade Friday as supply-chain warnings and a weaker-than-expected forecast overshadowed record quarterly revenue. The stock closed 7.4 per cent lower at US$308.91 after falling as much as 9.7 per cent intraday. The decline erased approximately US$359 billion from Apple’s market capitalization, according to Dow Jones Market Data, and came only days after the company briefly crossed a US$5 trillion valuation. Investors sold the shares despite Apple reporting better-than-expected fiscal third-quarter revenue and profit, powered by strong demand for iPhones and Macs. iPhone and Mac sales drive record quarter Revenue for the three months ended June 27 increased 16 per cent year over year to US$109.42 billion. Net income rose 27 per cent to US$29.79 billion, while diluted earnings climbed from US$1.57 to US$2.02 per share. Apple described the period as its strongest June quarter to date, with records for total revenue, earnings per share and operating cash flow. The company also reached new June-quarter highs across iPhone, Mac and Services revenue. “Today, Apple is proud to report our strongest June quarter ever,” Cook said in the company’s results. iPhone revenue jumped 21.7 per cent to US$54.25 billion, exceeding the US$53.86 billion analysts expected. The performance was particularly strong for a quarter in which customers often delay purchases ahead of Apple’s September product launches. Mac revenue climbed 28.7 per cent to US$10.35 billion, comfortably above the US$8.74 billion consensus estimate. Wearables, Home and Accessories revenue increased 6.5 per cent to US$7.88 billion. However, iPad sales declined 5.9 per cent to US$6.19 billion, missing expectations of approximately US$6.92 billion. Cook attributed the decline to a difficult comparison with the previous year’s product launch. Greater China revenue increased more than 22 per cent to US$18.82 billion but fell short of the roughly US$19.58 billion analysts anticipated. Services growth misses expectations Apple’s Services division, which includes the App Store, Apple Music, iCloud, Apple TV and payment products, generated US$30.74 billion in revenue. That represented growth of 12.1 per cent and a new June-quarter record, but remained below the approximately US$31.4 billion Wall Street expected. The miss concerned investors because Services generally carries substantially higher margins than Apple’s hardware business and benefits from growth in the company’s installed device base. Chief Financial Officer Kevan Parekh said mobile gaming faced headwinds, while changes to the App Store business model in several countries also affected performance. The U.S. court ruling allowing developers to direct users toward external payment options continued to weigh on revenue. Apple’s active installed base nevertheless reached a record across every major product category and geographic region, preserving opportunities to sell subscriptions and other digital services over the longer term. Tariff refund boosts earnings and margin Apple reported a gross margin of 50.1 per cent, up from 46.5 per cent one year earlier and ahead of market expectations. However, tariff refunds contributed approximately two percentage points to the margin and US$0.11 to diluted earnings per share. Excluding that benefit, gross margin would have been roughly 48.1 per cent. The refunds therefore accounted for a meaningful portion of the quarterly earnings beat and will not necessarily provide the same support in future periods. Apple declared a quarterly dividend of US$0.27 per share, payable August 13 to shareholders of record on August 10. Memory prices force Apple to raise prices The company is contending with two related component pressures: sharply higher memory prices and limited availability of the advanced semiconductor nodes used to manufacture Apple-designed processors. Artificial intelligence developers and cloud-computing companies have absorbed increasing quantities of memory chips and advanced manufacturing capacity for data centres. That has reduced the supply available to makers of smartphones and personal computers. Apple partially protected its June-quarter margins by using previously purchased memory inventory. However, that buffer is declining, and management expects to pay more for memory during the September quarter. Apple raised prices on certain Mac and iPad models in June. Cook said the decision reflected what he characterized during the earnings call as a “100-year flood on memory pricing.” The company has not said whether it will increase prices for its next iPhone lineup. Analysts believe higher prices are possible, although Apple must balance protecting margins against the risk of weakening consumer demand. Supply constraints expected to worsen Apple experienced supply limitations during the June quarter, primarily affecting Macs and, to a lesser extent, iPhones and iPads. Management expects those constraints to intensify sequentially during the September quarter and affect all three categories. Stronger-than-anticipated demand has contributed to the shortage, but Apple also has less flexibility than usual to redirect production or secure additional components. “We’re seeing some very significant constraints currently, with limited flexibility in the supply chain to remedy it,” Cook said. The warning was notable because supply-chain management has historically been one of Apple’s greatest operational strengths. Investors are now questioning whether even the company’s purchasing scale is sufficient to overcome shortages created by the AI infrastructure boom. September-quarter forecast disappoints Apple expects revenue to grow between 9 and 11 per cent during its fiscal fourth quarter. The midpoint implies sales of approximately US$113 billion, below the roughly US$114.9 billion analysts anticipated. Management forecast iPhone revenue growth in the mid-teens, compared with Wall Street’s expectation of approximately 17.6 per cent. Gross margin is projected between 47 and 48 per cent as higher memory expenses offset declining costs for some other components. Foreign-exchange movements are expected to reduce revenue growth by approximately 2.5 percentage points. The forecast suggests underlying demand remains healthy but that component availability may prevent Apple from fully converting that demand into sales during one of its most important product-launch periods. At least four brokerages lowered their price targets following the results, while three raised them. The median Wall Street target declined to US$330, according to LSEG data. Investor attention will now turn to Apple’s September hardware launches and its leadership transition. Cook’s appearance Thursday marked his final earnings call as chief executive before John Ternus takes over September 1, with Cook moving into the executive-chairman role. Apple’s record quarter demonstrated continued strength in its core hardware franchise. However, with Services growth slowing and component shortages expected to worsen, investors placed greater weight on the risks facing the next quarter than on the results already delivered.The post Apple stock drops 7% as chip squeeze clouds record quarter appeared first on US Editors. Original: Apple stock drops 7% as chip squeeze clouds record quarter

Yeah, this is a ridiculous drop for how good their Q3 was. "Supply constraints" should no make it drop over $30 since Wed. But like you said, big boys want it cheap........

~aapl with the weak guide which really wasn’t weak killed momo.  Well the big boys want in cheaper, is what it is.  I’ll be back though 

Looks like that is gonna be a tough one buddy........

Amazon Earnings and Rising Crude Oil Prices Drive Market Momentum: Dow Jones, S&P and Nasdaq FuturesJuly 31, 2026 9:14 AM
IH Market News Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Friday, with stocks likely to see further upside after ending the previous session sharply higher. Technology stocks appear poised to extend yesterday’s rally amid a sharp increase by shares of online retail giant Amazon (NASDAQ:AMZN). Shares of Amazon are soaring by more than 10 percent in pre-market trading after the company reported better-than-expected second quarter revenue and cloud growth. Overall buying interest may be somewhat subdued, however, as the price of crude oil shows a strong move back to the upside following yesterday’s pullback. U.S. crude oil futures are surging by nearly 2 percent, contributing to an increase in treasury yields amid concerns about the outlook for inflation and interest rates. A steep drop by shares of Apple (NASDAQ:AAPL) may also limit the upside for the broader markets, with the tech giant plunging by 8 percent in pre-market trading. Apple is under pressure after the company reported fiscal third quarter revenue that exceeded analyst estimates but issued weak guidance for the current quarter. Stocks moved sharply higher during trading on Thursday, largely offsetting the sell-off seen late in Wednesday’s session. The major averages showed a strong move to the upside early in the session and remained firmly positive throughout the day. The tech-heavy Nasdaq helped lead the way higher, spiking 679.24 points or 2.8 percent to 25,122.18. The S&P 500 also shot up 121.48 points or 1.7 percent to 7,437.63 and the Dow jumped 613.92 points or 1.2 percent to 52,508.06. The recovery rally on Wall Street largely reflected strength among technology stocks, as reflected by the surge by the Nasdaq. Bargain hunting contributed to the strength among tech stocks after the Nasdaq plunged to a three-month closing low on Wednesday. The Dow and the S&P 500 also ended the session at their lowest closing levels in well over a month. Microsoft (NASDAQ:MSFT) helped lead the tech rally, with the software giant soaring by 15.5 percent after reporting better than expected quarterly earnings amid strength in its Azure business. With Microsoft leading the way higher, substantial strength was visible among software stocks, as reflected by the 8.4 percent spike by the Dow Jones U.S. Software. Semiconductor stocks also saw a significant rebound, resulting in a 8.2 percent surge by the Philadelphia Semiconductor Index. The index bounced off a three-month closing low. Shares of Lam Research (NASDAQ:LRCX) skyrocketed by 18 percent after the semiconductor equipment maker reported fiscal fourth quarter results that exceeded estimates. Outside of the tech sector, airline stocks saw considerable strength amid a pullback by the price of crude oil, with the NYSE Arca Airline Index jumping by 5.2 percent. Gold, brokerage and oil service stocks also turned strong performances, while pharmaceutical, housing and healthcare stocks showed significant moves to the downside. Shares of Meta Platforms (NASDAQ:META) also bucked the uptrend, with the Facebook parent plunging by 8 percent after providing disappointing revenue growth guidance. On the U.S. economic front, the Commerce Department released a report showing consumer prices edged down in line with estimates in the month of June. The annual rate of growth also slowed in line with expectations.The post Amazon Earnings and Rising Crude Oil Prices Drive Market Momentum: Dow Jones, S&P and Nasdaq Futures appeared first on US Editors. Original: Amazon Earnings and Rising Crude Oil Prices Drive Market Momentum: Dow Jones, S&P and Nasdaq Futures

ROTTEN APPLE ALERT! Lol! 306 now

Apple reports third quarter resultsJuly 30, 2026 4:30 PM
Business Wire June quarter records for total company revenue and EPS iPhone, Mac and Services revenue set new June quarter records Apple® today announced financial results for its fiscal 2026 third quarter ended June 27, 2026. The Company posted quarterly revenue of $109.4 billion, up 16 percent year over year. Company gross margin was 50.1 percent, including a favorable impact of approximately 2 percentage points from tariff refunds. Diluted earnings per share was $2.02, up 29 percent year over year, and included a favorable impact of $0.11 from tariff refunds. “Today, Apple is proud to report our strongest June quarter ever, with double-digit revenue growth across iPhone, Mac and Services, and in every geographic segment,” said Tim Cook, Apple’s CEO. “At WWDC26, we were thrilled to introduce the all-new Siri AI, alongside all of Apple’s latest software innovations and important new child safety features.” “We are very pleased with our record business performance during the quarter, which set new June quarter records for both EPS and operating cash flow,” said Kevan Parekh, Apple’s CFO. “Our installed base of active devices also reached a new all-time high across all major product categories and geographic segments.” Apple’s board of directors has declared a cash dividend of $0.27 per share of the Company’s common stock. The dividend is payable on August 13, 2026, to shareholders of record as of the close of business on August 10, 2026. Apple will provide live streaming of its Q3 2026 financial results conference call beginning at 2:00 p.m. PT on July 30, 2026, at apple.com/investor/earnings-call. The webcast will be available for replay for approximately two weeks thereafter. Apple periodically provides information for investors on its corporate website, apple.com, and its investor relations website, investor.apple.com. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance, and details related to its annual meeting of shareholders. This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about payment of the Company’s quarterly dividend and future business plans. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Risks and uncertainties include without limitation: effects of global and regional economic conditions, including as a result of government policies, trade and other international disputes, geopolitical tensions, conflict, terrorism, natural disasters, and public health issues; risks relating to the design, manufacture, introduction, and transition of products and services in highly competitive and rapidly changing markets, including from reliance on third parties for components, technology, manufacturing, applications, services, support, and content; risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data; and effects of unfavorable legal proceedings, government investigations, and complex and changing laws and regulations. More information on these risks and other potential factors that could affect the Company’s business, reputation, results of operations, financial condition, and stock price is included in the Company’s filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company assumes no obligation to update any forward-looking statements, which speak only as of the date they are made. Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it. NOTE TO EDITORS: For additional information visit Apple Newsroom (www.apple.com/newsroom), or email Apple’s Media Helpline at media.help@apple.com. © 2026 Apple Inc. All rights reserved. Apple and the Apple logo are trademarks of Apple. Other company and product names may be trademarks of their respective owners. Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In millions, except number of shares, which are reflected in thousands, and per-share amounts)     Three Months Ended   Nine Months Ended   June 27,
2026   June 28,
2025   June 27,
2026   June 28,
2025 Net sales:               Products $ 78,678   $ 66,613     $ 272,629   $ 233,287   Services   30,739     27,423       91,728     80,408   Total net sales (1)   109,417     94,036       364,357     313,695   Cost of sales:               Products   47,153     43,620       163,810     147,097   Services   7,494     6,698       21,765     19,738   Total cost of sales   54,647     50,318       185,575     166,835   Gross margin   54,770     43,718       178,782     146,860                   Operating expenses:               Research and development   11,729     8,866       34,035     25,684   Selling, general and administrative   7,346     6,650       22,315     20,553   Total operating expenses   19,075     15,516       56,350     46,237                   Operating income   35,695     28,202       122,432     100,623   Other income/(expense), net   572     (171 )     670     (698 ) Income before provision for income taxes   36,267     28,031       123,102     99,925   Provision for income taxes   6,478     4,597       21,638     15,381   Net income $ 29,789   $ 23,434     $ 101,464   $ 84,544                   Earnings per share:               Basic $ 2.03   $ 1.57     $ 6.91   $ 5.64   Diluted $ 2.02   $ 1.57     $ 6.88   $ 5.62   Shares used in computing earnings per share:               Basic   14,656,110     14,902,886       14,692,515     14,992,898   Diluted   14,714,676     14,948,179       14,750,302     15,051,726                   (1) Net sales by reportable segment:               Americas $ 45,781   $ 41,198     $ 149,403   $ 134,161   Europe   29,395     24,014       95,596     82,329   Greater China   18,816     15,369       64,839     49,884   Japan   6,554     5,782       24,368     22,067   Rest of Asia Pacific   8,871     7,673       30,151     25,254   Total net sales $ 109,417   $ 94,036     $ 364,357   $ 313,695                   (1) Net sales by category:               iPhone $ 54,252   $ 44,582     $ 196,515   $ 160,561   Mac   10,352     8,046       27,137     24,982   iPad   6,191     6,581       21,700     21,071   Wearables, Home and Accessories   7,883     7,404       27,277     26,673   Services   30,739     27,423       91,728     80,408   Total net sales $ 109,417   $ 94,036     $ 364,357   $ 313,695   Apple Inc. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In millions, except number of shares, which are reflected in thousands, and par value)     June 27,
2026   September 27,
2025 ASSETS: Current assets:       Cash and cash equivalents $ 39,544     $ 35,934   Marketable securities   22,855       18,763   Accounts receivable, net   31,398       39,777   Vendor non-trade receivables   27,509       33,180   Inventories   11,092       5,718   Other current assets   17,420       14,585   Total current assets   149,818       147,957           Non-current assets:       Marketable securities   84,118       77,723   Property, plant and equipment, net   51,431       49,834   Intangible assets, net   20,342       11,093   Other non-current assets   77,557       72,634   Total non-current assets   233,448       211,284   Total assets $ 383,266     $ 359,241           LIABILITIES AND SHAREHOLDERS’ EQUITY: Current liabilities:       Accounts payable $ 64,525     $ 69,860   Other current liabilities   62,259       66,387   Deferred revenue   9,538       9,055   Commercial paper   1,997       7,979   Term debt   11,007       12,350   Total current liabilities   149,326       165,631           Non-current liabilities:       Term debt   71,340       78,328   Other non-current liabilities   55,080       41,549   Total non-current liabilities   126,420       119,877   Total liabilities   275,746       285,508           Commitments and contingencies               Shareholders’ equity:       Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 14,608,963 and 14,773,260 shares issued and outstanding, respectively   100,702       93,568   Retained earnings/(Accumulated deficit)   11,326       (14,264 ) Accumulated other comprehensive loss   (4,508 )     (5,571 ) Total shareholders’ equity   107,520       73,733   Total liabilities and shareholders’ equity $ 383,266     $ 359,241   Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In millions)     Nine Months Ended   June 27,
2026   June 28,
2025 Cash, cash equivalents, and restricted cash and cash equivalents, beginning balances $ 35,934     $ 29,943           Operating activities:       Net income   101,464       84,544   Adjustments to reconcile net income to cash generated by operating activities:       Depreciation and amortization   9,973       8,571   Share-based compensation expense   10,523       9,680   Other   (2,037 )     (1,748 ) Changes in operating assets and liabilities:       Accounts receivable, net   8,316       5,685   Vendor non-trade receivables   5,671       13,555   Inventories   (5,461 )     1,223   Other current and non-current assets   (16,266 )     (6,116 ) Accounts payable   (5,203 )     (18,479 ) Other current and non-current liabilities   10,016       (15,161 ) Cash generated by operating activities   116,996       81,754           Investing activities:       Purchases of marketable securities   (48,752 )     (17,591 ) Proceeds from maturities of marketable securities   26,504       35,036   Proceeds from sales of marketable securities   12,016       10,785   Payments for acquisition of property, plant and equipment   (6,799 )     (9,473 ) Other   (1,780 )     (975 ) Cash generated by/(used in) investing activities   (18,811 )     17,782           Financing activities:       Payments for taxes related to net share settlement of equity awards   (6,462 )     (5,719 ) Payments for dividends and dividend equivalents   (11,778 )     (11,559 ) Repurchases of common stock   (62,094 )     (70,579 ) Proceeds from issuance of term debt, net   —       4,481   Repayments of term debt   (8,146 )     (9,682 ) Repayments of commercial paper, net   (5,911 )     (65 ) Other   (184 )     (87 ) Cash used in financing activities   (94,575 )     (93,210 )         Increase in cash, cash equivalents, and restricted cash and cash equivalents   3,610       6,326   Cash, cash equivalents, and restricted cash and cash equivalents, ending balances $ 39,544     $ 36,269           Supplemental cash flow disclosure:       Cash paid for income taxes, net $ 26,555     $ 37,332     View source version on businesswire.com: https://www.businesswire.com/news/home/20260730284687/en/ Press Contact:
Josh Rosenstock
Apple

~bought some 8/14 $400 calls @.04c 

Incoming Apple Chief Executive Plans to Expand Entertainment BusinessJuly 28, 2026 8:58 AM
IH Market News Apple (NASDAQ:AAPL) incoming chief executive John Ternus said he intends to build on the company’s recent success in film and television when he takes over leadership of the iPhone maker in September. Apple entered the original content market in 2019 with the launch of its Apple TV+ streaming service, producing a growing catalogue of award-winning films and television series. Since then, the company has enjoyed success with the Oscar-winning film “CODA,” the box-office hit “F1,” and acclaimed series including “Ted Lasso” and “The Studio.” Last year, Apple rebranded the platform, removing the plus sign and renaming the service Apple TV. Ternus Sees Strong Momentum for Apple TV Speaking to Reuters at the premiere of the fourth season of “Ted Lasso,” Ternus expressed confidence in the direction of Apple’s entertainment business. “I think we have such tremendous momentum right now in Apple TV,” Ternus told Reuters on the red carpet. “There’s so many amazing shows, so many amazing characters and stories, and so we’re just going to keep building on the momentum.” Tim Cook Highlights Apple’s Quality-First Strategy Ternus appeared alongside current chief executive Tim Cook, who said he has been sharing his experience of Apple’s entertainment operations as part of the leadership transition. “Our role is to be the best. That’s our lane,” Cook said of Apple’s entertainment strategy. “We’re not about the most. There are … other companies that do that. But we’re about the best, and I feel like we really hit our stride in providing that.” Cook added that Apple remains open to future partnerships where it believes the company can contribute distinctive technology or expertise. Formula 1 Partnership Demonstrates Apple’s Approach Cook highlighted Apple’s collaboration with Formula 1 as an example of how the company can differentiate itself in entertainment. For the Brad Pitt film “F1,” Apple developed custom-built cameras designed to immerse viewers in the experience of being inside a race car. In the United States, Formula 1 races are streamed exclusively on Apple TV, while Apple also delivers race coverage, leaderboards and live updates through Apple News and other services. “We’ll do things that we can bring something unique to, where we can innovate in a way that others might not be able to,” Cook said. “I feel like we’re really doing that with F1. We’re so excited about how we’re doing there and the viewership numbers that we’re getting. So more things like that would be possible.” Last month, senior Apple executive Eddy Cue told Reuters that the company’s objective is to continue offering “better and more” television programmes and films across both streaming platforms and cinemas. Apple stock priceThe post Incoming Apple Chief Executive Plans to Expand Entertainment Business appeared first on US Editors. Original: Incoming Apple Chief Executive Plans to Expand Entertainment Business

Apple Upgrade launches in the United StatesJuly 28, 2026 8:15 AM
Business Wire A new leasing program provided by Klarna offers eligible customers monthly payment options for Apple devices, including iPhone starting at $17.99 per month and Apple Watch starting at $11.99 per month^ Apple® today announced Apple Upgrade, a new product leasing program provided by Klarna for iPhone®, Apple Watch®, Mac®, and iPad® available on the Apple Store® online, in the Apple Store app, and at Apple Store locations in the United States.1 Apple Upgrade makes it even easier for customers to get the Apple products they love with a leasing plan that is right for them. “At Apple, we put the customer at the center of everything we do,” said Karen Rasmussen, Apple’s vice president of the Apple Store online, “and we’re thrilled that Apple Upgrade offers our customers, both online and in-store, a more flexible way to pay for the products they love.” Apple Upgrade offers 12- and 24-month leasing options for iPhone and Apple Watch, and 24- and 36-month leasing options for Mac and iPad. Leasing prices start as low as $17.99 per month for iPhone, $11.99 for Apple Watch, $24.99 for Mac, and $11.99 for iPad.^ When customers first enroll in Apple Upgrade, they can further lower their monthly lease payments by trading in their currently owned device through Apple Trade In®. Customers can also earn 3 percent Daily Cash back when making their lease payments with Apple Card®.2 Upgrading Has Never Been Easier With Apple Upgrade, customers can expect the same seamless and personalized shopping experience online and in stores. Apple and Klarna have created a simple enrollment process that provides customers with detailed information regarding their leasing options before they enroll. Upon choosing their preferred leasing option, customers can apply within minutes — online or in-store — and receive quick approval from Klarna.3 All applicants will be subject to a soft credit inquiry that will not impact their credit score. Once approved, they can complete their transaction as usual. In-store customers can enjoy their new device right away, while online customers can choose delivery or in-store pickup. Whether they shop in-store or online, all customers can take advantage of Apple’s Personal Setup service to help get their new product ready to use and ask any questions they might have. They can also join the many free and educational Today at Apple® sessions to learn how to get started — or go further — with their devices. At the end of the lease term, customers can upgrade their device to the latest generation,4 purchase it with a one-time payment, or simply return it and exit the program. In the Klarna app, they can stay on top of all of their lease information, including their billing schedule and remaining payments. Customers can add an AppleCare® subscription to protect their products, making the return of their current device and upgrade to a new one even easier.5 With the launch of Apple Upgrade, Apple will no longer offer the iPhone Upgrade Program and iPhone Payments in the United States. When eligible, customers currently enrolled in the iPhone Upgrade Program will have the option of leasing a new device with Apple Upgrade, financing with Apple Card Monthly Installments,6 purchasing the product outright, or choosing carrier financing. Explore the Lineup and Upgrade Today iPhone iPhone 17e delivers incredible value with faster performance, an advanced camera system, enhanced durability, the magic of MagSafe®, and double the starting storage at 256GB. iPhone 17 is packed with features users will enjoy every day, including a bigger and brighter display with ProMotion® up to 120Hz, all-day battery life with faster charging, a fantastic 48MP Dual Fusion camera system, and the Center Stage® front camera. iPhone Air® features a thin and light design that is more durable than any previous model, with pro performance, advanced camera systems on the front and back, and all-day battery life. With a unibody design optimized for performance and powered by A19 Pro, iPhone 17 Pro and iPhone 17 Pro Max are the most powerful Pro models ever made, delivering the best performance, camera systems, and battery life in an iPhone. iPhone leases start at $17.99.^ Apple Watch Apple Watch Series 11 is the ultimate health and fitness companion, featuring the most comprehensive set of health features yet — including groundbreaking hypertension notifications that can alert users to signs of chronic high blood pressure, and sleep score, which helps users understand the quality of their sleep and how to make it more restorative. With up to 24 hours of battery life and a display that’s 2x more scratch-resistant, Apple Watch Series 11 is more convenient than ever to wear throughout the day and night.7 Apple Watch Ultra® 3 is the most advanced Apple Watch — rugged and capable, built for sports and adventure while seamlessly serving as a powerful health companion. It features the largest display ever in an Apple Watch, powered by Apple’s most advanced display technology with LTPO3 and wide-angle OLEDs, along with up to 42 hours of battery life — or up to 72 hours in Low Power Mode. Apple Watch Ultra 3 also features built-in, two-way satellite communications, so users can text emergency services, message friends and family, and share their location even when off the grid. Apple Watch leases start at $11.99.^ Mac Available in 13- and 15-inch models, MacBook Air® with M5 delivers incredible performance, up to 18 hours of battery life, and advanced AI capabilities in a thin, light, and durable aluminum design. The M5 family of chips — M5, M5 Pro, and M5 Max — deliver even more performance and capabilities to MacBook Pro®, the world’s best pro laptop. All MacBook Pro models deliver game-changing performance and advanced AI capabilities, and include a Liquid Retina XDR® display with a nano-texture option, an advanced 12MP Center Stage camera, and up to 24 hours of battery life. Powered by the M4 chip, iMac® is the world’s best all-in-one and features a nano-texture display option, a 12MP Center Stage camera, and Thunderbolt 4 connectivity — all in its strikingly thin design. Mac Studio® with M4 Max and M3 Ultra is the most powerful Mac ever made, delivering groundbreaking pro and AI performance, plus extensive connectivity with Thunderbolt 5 in its compact and quiet design that can live right on a desk.8 Mac leases start at $24.99.^ iPad iPad Air® features blazing performance, 12GB of unified memory, and fast connectivity, empowering users to be productive and creative wherever they are. With the Ultra Retina XDR® display and the power of M5, iPad Pro® offers the most advanced iPad experience, packing powerful performance in a stunningly thin and light design. iPad mini® delivers the full iPad experience in a device users can hold in the palm of their hand. Accessories such as Magic Keyboard® extend the versatility of iPad Air and iPad Pro, while Apple Pencil Pro® unlocks even more magical capabilities for illustrating, note-taking, annotating, and more on iPad Air, iPad Pro, and iPad mini. iPad leases start at $11.99.^ Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it. Footnotes 1. iPhone 16, iPhone 16 Plus, Apple Watch SE, MacBook Neo, Mac mini, iPad (A16), and Studio Display are not available as part of the Apple Upgrade program. 2. Apple Card is subject to credit approval, available only for qualifying applicants in the United States, and issued by Goldman Sachs Bank USA, Salt Lake City Branch. 3. Subject to eligibility and credit approval. 4. Upgrades require entering into a new lease and returning your prior device, and are subject to eligibility and credit approval. 5. AppleCare delivers exceptional service and support, with flexible options for Apple users. Customers can choose AppleCare+ to cover their new product, or AppleCare One to protect multiple products in one simple plan. Both plans include coverage for accidents like drops and spills, theft and loss protection on eligible products, battery replacement service, and 24/7 support from Apple Experts. For more information, visit apple.com/applecare. 6. Apple Card Monthly Installments (ACMI) is a 0 percent APR payment option that is only available if users select it at checkout in the U.S. for eligible products purchased at Apple and is subject to credit approval and credit limit. See support.apple.com/en-us/102730 for more information about eligible products. Additional limits and restrictions apply. See the Apple Card Customer Agreement for more information about ACMI. 7. Apple Watch Series 11 with Ion-X glass has a ceramic coating that provides 2x more scratch resistance than Series 10 with Ion-X glass. 8. Subject to availability. ^ This offer is for a consumer lease, not a purchase or loan. Lease provided by Klarna Inc. for 12-, 24-, or 36-month term. 12- and 36-month terms not available for all device models. Your first monthly payment is due approximately 30 days after device is shipped or available for pickup. Lease approval is subject to eligibility and is based on creditworthiness. Monthly payments are based on the selected device and lease term. For example: For an iPhone 17 Pro 256GB with a purchase price of $1,099 (excluding taxes and any trade-in credit), the typical monthly payment is $31.99 (excluding taxes and any trade-in credit) for a 24-month lease term and $45.99 (excluding taxes and any trade-in credit) for a 12-month lease term. For an Apple Watch Series 11 (GPS) 42mm with a purchase price of $399 (excluding taxes and any trade-in credit), the typical monthly payment is $11.99 (excluding taxes and any trade-in credit) for a 24-month lease term and $21.99 (excluding taxes and any trade-in credit) for a 12-month lease term. For an 11-inch iPad Pro 256GB with a purchase price of $1,199 (excluding taxes and any trade-in credit), the typical monthly payment is $24.99 (excluding taxes and any trade-in credit) for a 36-month lease term and $31.99 (excluding taxes and any trade-in credit) for a 24-month lease term. For a 14-inch MacBook Pro 16GB with a purchase price of $1,999 (excluding taxes and any trade-in credit), the typical monthly payment is $38.99 (excluding taxes and any trade-in credit) for a 36-month lease term and $53.99 (excluding taxes and any trade-in credit) for a 24-month lease term. No security deposit required. A trade-in device may reduce monthly payments. Advertised monthly payment amount may not include a trade-in device’s estimated value. Upgrades are not guaranteed and are subject to eligibility and approval. For iPhone only: In order to lease an iPhone, you must select an eligible carrier (AT&T, T-Mobile, or Verizon), but you cannot use a prepaid carrier plan. A leased iPhone is always unlocked, so you can switch carriers at any time, subject to your carrier’s terms. Terminating your Apple Upgrade lease: Closing your lease and returning your device terminates your lease. You may incur substantial fees if you terminate your lease before the end of your initial lease term. You may have the option to upgrade to a new device by entering into a new lease agreement and returning your prior device. If you upgrade, your new monthly payments may be greater than your prior monthly payments. If you do not upgrade, terminate your lease, or purchase your device by the end of the initial lease term, the lease will convert to a month-to-month lease for up to six months. Your monthly payments may increase during the month-to-month periods. If you take no action at the end of your extension period, you will be charged the purchase fee under your lease. You will not own your device at the end of your lease, unless you pay the purchase fee. Insurance is not included in your lease, and you may incur damage fees if the device is lost, stolen, or not returned in the condition required by the lease. Apple Upgrade Lease eligibility: Leases are only available to U.S. residents (excluding residents of U.S. territories). Leased devices are only available for shipping to U.S. addresses (excluding U.S. territories) or pick up at Apple Retail stores in the U.S. (excluding U.S. territories). To be eligible for a lease, you must be at least 18 years old (or the legal age in your state of residence), have a valid Social Security Number or individual taxpayer identification number (ITIN), have an accepted credit or debit card, have an Apple Account in good standing, have a Klarna Account, and be able to receive security verification codes via text message. Leases are not available on refurbished accessories or online at the following special stores: Apple Employee Purchase Plan; participating corporate Employee Purchase Programs; Apple at Work for small businesses or enterprises; Government, Education, or Veterans and Military Purchase Programs. NOTE TO EDITORS: For additional information visit Apple Newsroom (www.apple.com/newsroom), or email Apple’s Media Helpline at media.help@apple.com. © 2026 Apple Inc. All rights reserved. Apple, the Apple logo, iPhone, Apple Watch, Mac, iPad, Apple Store, Apple Trade In, Apple Card, Today at Apple, AppleCare, MagSafe, ProMotion, Center Stage, iPhone Air, Apple Watch Ultra, MacBook Air, MacBook Pro, Liquid Retina XDR, iMac, Mac Studio, iPad Air, Ultra Retina XDR, iPad Pro, iPad mini, Magic Keyboard, and Apple Pencil Pro are trademarks of Apple. Other company and product names may be trademarks of their respective owners. View source version on businesswire.com: https://www.businesswire.com/news/home/20260728336406/en/ Press Contacts:
Brian Bumbery
Apple
bumbery@apple.com Original: Apple Upgrade launches in the United States

US Markets Await Key Earnings and Federal Reserve Decision as AI Spending Faces Fresh Scrutiny: Dow Jones, S&P, Nasdaq, Wall Street FuturesJuly 28, 2026 6:52 AM
IH Market News US equity futures traded without a clear direction on Tuesday as investors prepared for a pivotal week of corporate earnings, while attention also turned to the Federal Reserve’s policy meeting and ongoing geopolitical developments in the Middle East. By 07:43 GMT, Dow Jones futures were up 41 points, or 0.1%, while S&P 500 futures slipped 0.3%. Nasdaq 100 futures underperformed, falling 0.9% as technology stocks remained under pressure. Wall Street ended Monday’s session with mixed performances. Lower oil prices and declining US Treasury yields, supported by a pause in hostilities between the United States and Iran, helped improve market sentiment. However, investors continued to weigh the inflation risks associated with energy markets and the possibility that the Federal Reserve could maintain a restrictive monetary policy for longer. Technology shares remained a focal point, with questions growing over whether the enormous investment being directed into artificial intelligence infrastructure can continue to generate sufficient returns. Those concerns are expected to be tested over the coming days as several of the sector’s largest companies publish quarterly results. Nvidia (NASDAQ:NVDA) shares moved lower following reports that the company could provide financial backing worth approximately $250 billion for a major OpenAI data centre project. At the same time, the launch of new products by Chinese memory chip manufacturer CXMT and reports that Apple (NASDAQ:AAPL) has urged the Trump administration to permit the use of Chinese-made chips in certain products added to competitive pressures across the semiconductor industry. The Philadelphia Semiconductor Index fell 2.2%, with the Wall Street Journal reporting that every constituent of the index closed below its respective 50-day moving average for the first time since April 2025. Major Earnings Take Centre Stage Investors are preparing for one of the busiest weeks of the earnings season. Before Tuesday’s opening bell, Coca-Cola Company (NYSE:KO) and Boeing (NYSE:BA) are scheduled to publish their latest quarterly results. Markets will assess how geopolitical uncertainty has affected consumer demand at Coca-Cola, while Boeing’s update is expected to provide further evidence of progress in its operational recovery. After the close of trading, attention will shift to Visa (NYSE:V), whose results could provide valuable insight into consumer spending trends during a period of heightened economic uncertainty. Seagate Technology (NASDAQ:STX) will also be closely watched, with investors looking for further indications of demand linked to artificial intelligence infrastructure. The week’s biggest announcements will come from Microsoft (NASDAQ:MSFT), Meta Platforms (NASDAQ:META), Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN). These technology giants continue to invest billions of dollars in data centres and semiconductor infrastructure that support the rapid expansion of artificial intelligence. Federal Reserve Meeting Begins Alongside corporate earnings, financial markets are closely monitoring the Federal Reserve’s latest policy meeting, which begins on Tuesday and concludes with an interest rate decision on Wednesday. Policymakers continue to face a challenging environment. Although June inflation data came in below expectations, volatility in energy markets linked to the conflict in the Middle East has kept concerns about future price pressures alive. At the same time, the US labour market has remained relatively stable despite slower hiring activity. According to CME FedWatch data, markets currently assign roughly a two-thirds probability that the Federal Reserve will leave interest rates unchanged at 3.5% to 3.75%, while a one-in-three chance remains for a 25-basis-point increase. Trump and Netanyahu to Hold White House Talks US President Donald Trump is scheduled to meet Israeli Prime Minister Benjamin Netanyahu at the White House on Wednesday as diplomatic efforts continue alongside the conflict involving Iran. Although direct exchanges of attacks between the United States and Iran have paused in recent days, uncertainty remains over whether a longer-term ceasefire can be achieved. Trump said negotiations with Tehran were progressing, describing them as “good talks,” while indicating that military action could resume if discussions fail to produce an agreement. Asian Technology Shares Retreat Asian markets also reflected investor caution, particularly in the semiconductor sector. South Korea’s KOSPI index suffered a sharp decline as technology shares came under heavy selling pressure amid concerns surrounding AI-related valuations and continued investment spending. Additional pressure came after the United States announced a new 12.5% tariff on South Korean imports alongside measures affecting several other countries. Major semiconductor manufacturers SK Hynix Inc (NASDAQ:SKHY) and Samsung Electronics Co Ltd (USOTC:SSNHZ) recorded double-digit declines, reflecting weaker sentiment across the global chip sector. Nvidia stock price Coca-Cola stock price Boeing stock price Visa stock price Seagate stock price Microsoft stock price Meta stock price Apple stock price Amazon stock price SK Hynix stock price Samsung stock priceThe post US Markets Await Key Earnings and Federal Reserve Decision as AI Spending Faces Fresh Scrutiny: Dow Jones, S&P, Nasdaq, Wall Street Futures appeared first on US Editors. Original: US Markets Await Key Earnings and Federal Reserve Decision as AI Spending Faces Fresh Scrutiny: Dow Jones, S&P, Nasdaq, Wall Street Futures

Amazon Leo seeks FCC approval for more than 5,100 direct-to-device satellitesJuly 27, 2026 10:04 AM
IH Market News Amazon Leo (NASDAQ:AMZN) has submitted an application to the U.S. Federal Communications Commission (FCC) seeking approval to deploy a constellation of up to 5,105 low Earth orbit satellites capable of delivering voice, messaging, data and emergency connectivity directly to mobile devices. According to the company, the proposed direct-to-device (D2D) network would expand its satellite communications platform by providing mobile connectivity without relying on traditional terrestrial infrastructure. Satellite network planned for 2028 deployment The proposed constellation would consist of five orbital shells operating at altitudes between 510 and 580 kilometers, with satellite launches expected to begin in 2028. Amazon Leo said the new D2D network would complement its existing broadband satellite services while also operating alongside the satellite constellations currently managed by Globalstar (NASDAQ:GSAT). The FCC filing follows the definitive merger agreement announced in April under which Amazon will acquire Globalstar’s satellite operations, ground infrastructure and globally authorized spectrum licenses. Advanced technology designed for direct mobile connectivity The planned system will use L-band and S-band spectrum to communicate directly with compatible mobile devices, while Ka-band and V-band frequencies will connect satellites with ground stations. Unlike traditional relay satellites, the proposed spacecraft will process communications onboard and use optical laser links between satellites to route traffic across the network. Amazon Leo said the constellation will also incorporate digital beamforming, beam hopping and adaptive modulation technologies to improve spectrum efficiency and network performance. Expanding global satellite ecosystem The company said it has already established partnerships with several telecommunications providers, including Vodafone, DirecTV, Herotel and Australia’s National Broadband Network. Amazon Leo also previously announced an agreement with Apple (NASDAQ:AAPL) to support satellite-based services on compatible iPhone and Apple Watch devices, including Emergency SOS and satellite messaging features. The company currently operates more than 390 first-generation broadband satellites in orbit and has indicated that commercial fixed broadband services are expected to begin rolling out across its initial coverage areas later this year. Amazon stock price Globalstar stock price Apple stock priceThe post Amazon Leo seeks FCC approval for more than 5,100 direct-to-device satellites appeared first on US Editors. Original: Amazon Leo seeks FCC approval for more than 5,100 direct-to-device satellites

Five market themes investors will be watching this weekJuly 27, 2026 6:29 AM
IH Market News Financial markets are entering one of the busiest weeks of the year, with investors preparing for a series of events that could shape sentiment across global asset classes. Central bank decisions, major technology earnings, key U.S. economic data and developments in the Middle East are all expected to influence trading in the days ahead. Federal Reserve takes centre stage The Federal Reserve will announce its latest monetary policy decision on Wednesday following its two-day meeting, with investors closely monitoring how policymakers assess the inflationary impact of the recent conflict between the United States and Iran. The spike in oil prices seen over recent weeks heightened concerns that inflationary pressures could reaccelerate, potentially forcing the Fed to tighten monetary policy. Markets currently assign a 66% probability that interest rates will remain within the 3.5% to 3.75% range, although traders still see roughly a one-in-three chance of another rate increase. Higher interest rates typically help contain inflation but can also slow economic activity and weaken labour market conditions. Most economists expect Federal Reserve Chair Kevin Warsh to favour keeping policy unchanged, although Reuters reported that some members of the Federal Open Market Committee may still support an immediate increase. Analysts at Deutsche Bank said: “[T]he decision appears unusually finely balanced. The renewed escalation in the Middle East and the sharp rise in energy prices have complicated the inflation outlook, while recent market-based measures of inflation compensation have moved higher as concerns around energy supply disruptions have intensified.” The bank described the Fed meeting as the week’s key event, although investors will also monitor interest rate decisions from the Bank of England on Thursday and the Bank of Japan on Friday. Big Tech earnings could steer markets Corporate earnings will also dominate the agenda, with several of the world’s largest technology companies reporting quarterly results. Microsoft (NASDAQ:MSFT) and Meta Platforms (NASDAQ:META) are scheduled to report after Wednesday’s closing bell, followed by Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) on Thursday. Together, these four companies account for roughly 17% of the S&P 500 index, giving their earnings considerable influence over broader market performance. Investors will pay particular attention to updates on artificial intelligence spending, especially continued investment in data centres and advanced semiconductor infrastructure. While AI investment has been a major driver of equity markets, questions continue to grow over whether current spending levels can be maintained. Vital Knowledge analysts noted that rising capital expenditure is beginning to place greater pressure on corporate cash flows while investors are becoming more selective toward companies seeking additional debt or equity financing. Laurence Booth, Global Head of Markets at CMC Markets, said this could become “one of the most important of the year for markets.” He added: “Collectively, they will test the two assumptions that have underpinned markets in recent months: that inflation continues to moderate and that the AI-driven earnings story remains intact. If either begins to weaken, investors may have to reassess both valuations and the outlook for interest rates.” A busy corporate earnings calendar Beyond the technology sector, investors will receive results from a broad range of industries. Companies reporting this week include Visa (NYSE:V), Coca-Cola Company (NYSE:KO) and Boeing (NYSE:BA) on Tuesday. Arm Holdings (NASDAQ:ARM), Qualcomm (NASDAQ:QCOM) and Procter & Gamble (NYSE:PG) will follow on Wednesday, while Bristol-Myers Squibb (NYSE:BMY) and Altria (NYSE:MO) are due to report on Thursday. By the end of the week, approximately one-third of S&P 500 constituents will have published quarterly results, with overall earnings expected to rise 26.5% compared with a year earlier. Economic data remains in focus Economic releases will also play an important role in shaping expectations for monetary policy. Thursday’s personal income and spending report will include the latest Core Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred measure of inflation. Economists at Deutsche Bank forecast monthly core PCE growth of 0.19%, lifting the annual rate to 3.3%, still well above the Fed’s long-term 2% inflation objective. Friday will bring the latest Employment Cost Index, another closely watched indicator of inflationary pressures within the labour market. According to Deutsche Bank: “Our economists expect the annual growth rate to remain at 3.4%, a level many policymakers would still view as broadly consistent with returning inflation towards target over time.” Middle East developments remain a key risk Geopolitical developments are likely to remain a major driver of investor sentiment throughout the week. Markets reacted positively after the United States and Iran maintained a second consecutive day without military strikes, raising cautious optimism that diplomatic negotiations could resume. Reports indicated President Donald Trump suspended military operations to allow more time for negotiations, while Iran also suggested it would refrain from launching further attacks provided the United States maintained its pause. The prospect of easing tensions sent Brent crude sharply lower to around $91 per barrel on Monday after briefly exceeding $100 last week amid concerns over attacks on shipping routes through the Red Sea and potential disruptions around both the Strait of Hormuz and the Bab el-Mandeb Strait. Although the pause has improved market sentiment, investors remain alert to any developments that could quickly reverse the recent decline in energy prices. Microsoft stock price Meta stock price Apple stock price Amazon stock price Visa stock price Coca-Cola stock price Boeing stock price Arm Holdings stock price Qualcomm stock price The post Five market themes investors will be watching this week appeared first on US Editors. Original: Five market themes investors will be watching this week

U.S. markets eye earnings season as Middle East tensions ease: Dow Jones, S&P, Nasdaq, Wall Street FuturesJuly 27, 2026 5:53 AM
IH Market News U.S. stock futures moved higher on Monday as investors welcomed signs of a pause in hostilities between the United States and Iran, helping to ease pressure on energy markets ahead of a crucial week for corporate earnings and central bank decisions. By 05:49 GMT, Dow Jones futures had gained 398 points, or 0.8%, while S&P 500 futures were up 66 points, or 0.9%. Nasdaq 100 futures led the advance, climbing 406 points, or 1.4%. Wall Street ended last week on a mixed note as rising oil prices and geopolitical uncertainty weighed on investor sentiment. However, indications that the White House is seeking to avoid a broader military escalation have improved market confidence, pushing oil prices lower while supporting both equities and bond markets. Earnings and Federal Reserve in focus Investors are now turning their attention to one of the busiest weeks of the earnings season, with around one-third of S&P 500 companies scheduled to publish quarterly results. Overall earnings are forecast to increase by approximately 26.5% compared with the same period last year. Several of the world’s largest technology companies are due to report this week, including Amazon (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL). Their results are expected to provide fresh insight into whether the rapid pace of investment in artificial intelligence infrastructure can continue, as markets increasingly debate the long-term profitability of AI-related spending. Monetary policy is also firmly in focus ahead of the Federal Reserve’s interest rate announcement on Wednesday. While inflation risks linked to the conflict in the Middle East remain under close scrutiny, futures markets continue to indicate that most investors expect policymakers to leave interest rates unchanged. U.S.-Iran pause supports market sentiment The temporary suspension of military action between the United States and Iran extended into a second day, raising hopes that energy exports from the Gulf region could continue without significant disruption. According to reports, President Donald Trump decided to delay further military action amid concerns over available defence resources and a desire to avoid a broader regional conflict that could threaten global energy supplies. However, U.S. Ambassador to the United Nations Mike Waltz downplayed suggestions that military resources were becoming depleted, stating instead that the administration is “giving talks some space.” He added: “We’ve had both Oman and Iran, and a number of our other negotiators, engaged at every level, from the most senior levels all the way down to the technical level over the past few weeks, and particularly in the past few days.” Iran has also indicated it will suspend further attacks provided the United States continues its pause in military operations. Oil retreats as supply concerns ease Crude oil prices declined sharply as fears of further disruption to global supply routes diminished. Brent crude, the international benchmark, fell 6.8% to around $90.25 per barrel after briefly trading above $100 last week amid concerns that the conflict could spread across the Gulf region. Investors had been particularly concerned about the possibility of disruptions to shipping through the Bab el-Mandeb Strait and the Strait of Hormuz, two of the world’s most important energy transport routes. The easing of tensions has reduced those concerns, although markets remain alert to further developments. Nvidia explores financing support for OpenAI project Separately, Nvidia (NASDAQ:NVDA) is reportedly in discussions to provide a financial guarantee worth approximately $250 billion for OpenAI as part of a major data centre development in Ohio, according to the Wall Street Journal. The proposed guarantee would support the leasing of a planned 10-gigawatt campus being developed by SoftBank’s energy subsidiary and could help secure financing on more favourable terms. The overall project is expected to exceed $500 billion, excluding the cost of Nvidia’s semiconductor products that will equip the facilities. The report comes as investors continue to monitor the rapid increase in capital expenditure across the artificial intelligence sector. While concerns remain over the sustainability of AI-related spending, confidence received a boost after Chinese memory chip manufacturer CXMT Corp surged around 500% during its Shanghai stock market debut following an $8.6 billion initial public offering, giving the company a market valuation of more than 3.6 trillion yuan, or approximately $530 billion. Nvidia stock price Amazon stock price Meta stock price Microsoft stock price Alphabet stock priceThe post U.S. markets eye earnings season as Middle East tensions ease: Dow Jones, S&P, Nasdaq, Wall Street Futures appeared first on US Editors. Original: U.S. markets eye earnings season as Middle East tensions ease: Dow Jones, S&P, Nasdaq, Wall Street Futures

Apple Shares Offer Upside Ahead of Potential iPhone Price Increase, Says Morgan StanleyJuly 17, 2026 1:58 PM
IH Market News Morgan Stanley believes Apple (NASDAQ:AAPL) is well positioned to benefit from a significant iPhone price increase expected this September, estimating that a roughly $200 increase could lift fiscal third-quarter 2026 earnings per share by between 2% and 4%, while adding around 1% to fiscal 2027 EPS forecasts. According to the bank, investors have yet to fully reflect this opportunity in Apple’s valuation. Higher Prices Could Translate Into Stronger Earnings “The market is increasingly focused on the impact of price hikes on Apple fundamentals,” Morgan Stanley analysts led by Erik Woodring wrote in a research note maintaining their Overweight rating on the stock. “Our analysis suggests higher prices = higher earnings power.” The investment bank argues that Apple customers have consistently demonstrated a willingness to absorb price increases, particularly when it comes to flagship hardware products. “Apple’s core product (i.e. iPhone, Mac, and iPad) demand has been somewhat inelastic, with iPhone being the most inelastic product within Apple’s product ecosystem, followed by Mac and then iPad.” Morgan Stanley believes this is especially important because the iPhone is both Apple’s highest-value product and the device consumers replace most frequently. As a result, a $200 increase could provide a meaningful boost to margins with only limited impact on demand. Supply Constraints May Support Apple’s Pricing Power The bank also pointed to current industry conditions as another reason Apple may be able to implement higher prices without significantly affecting sales. “Recent price increases are unlikely to materially disrupt demand, especially considering supply challenges at peers.” Morgan Stanley added that checks across Apple’s supply chain continue to indicate stable production plans. “IPhone build plans have remained largely unchanged in the last several weeks,” the analysts said, suggesting suppliers and manufacturing partners are not seeing signs of weaker demand ahead of the expected September product launch. Outside the iPhone business, Morgan Stanley also noted that it has “not observed any meaningful changes in Mac or iPad lead times” following recent price increases, viewing this as evidence that Apple is successfully protecting profitability despite higher component costs. Several Catalysts Could Support Apple Shares Morgan Stanley identified three major events that could influence investor sentiment over the coming months. These include Apple’s June-quarter earnings results and guidance for the September quarter, the expected launch of the iPhone 18 Pro, iPhone 18 Pro Max and Apple’s first foldable iPhone, as well as the public beta release of an upgraded Siri AI platform. According to the bank, the combination of these developments could prompt investors to reassess Apple’s earnings potential over the near term. Long-Term Product Cycle Remains Positive Looking beyond this year’s product launches, Morgan Stanley believes Apple is entering a multi-year upgrade cycle. The bank expects the introduction of Apple’s first foldable device, the next-generation iPhone Air 2 and the anticipated 20th anniversary iPhone lineup to “should support healthy iPhone demand through FY27 and FY28.” Morgan Stanley also continues to view artificial intelligence as an important long-term growth driver. “We continue to see a longer-term path toward an AI-driven replacement cycle as Apple Intelligence and Siri AI functionality steadily improves,” the firm wrote. With quarterly results and updated guidance due before the September launch, investors are unlikely to wait long before learning whether Apple’s pricing strategy performs as Morgan Stanley expects. Apple stock price The post Apple Shares Offer Upside Ahead of Potential iPhone Price Increase, Says Morgan Stanley appeared first on US Editors. Original: Apple Shares Offer Upside Ahead of Potential iPhone Price Increase, Says Morgan Stanley

TSMC posts record Q2 profit as AI demand drives higher revenue and investment outlook (TSM)July 16, 2026 6:46 AM
IH Market News Taiwan Semiconductor Manufacturing Company, or TSMC (NYSE:TSM), reported record second-quarter earnings on Thursday as booming demand for artificial intelligence chips continued to fuel strong growth across its business. The chipmaker also raised its full-year revenue outlook and significantly increased its planned capital spending for 2026. AI demand fuels another record quarter TSMC posted net income of T$706.56 billion (US$21.98 billion) for the three months ended June 30, comfortably exceeding Bloomberg consensus estimates of T$623.73 billion. The result represented a 77.4% increase from a year earlier and marked the fifth consecutive quarter in which the company delivered record earnings. Quarterly revenue also reached a new high of T$1.27 trillion (US$39 billion), up 36% year over year, highlighting continued strength in demand for the company’s advanced semiconductor manufacturing services. Arizona expansion and higher capital spending Chief Executive C.C. Wei said TSMC will invest an additional US$100 billion to expand production capacity in Arizona, strengthening its manufacturing footprint in the United States alongside its existing operations in Taiwan and Japan. The company also sharply increased its 2026 capital expenditure forecast to between US$60 billion and US$64 billion, compared with its previous guidance of US$52 billion to US$56 billion. “The AI megatrend continues to drive the need for more and more computation, which supports the demand for leading-edge silicon,” CEO C.C. Wei said during the post-earnings conference call. Wei added that customer demand remains exceptionally strong, requiring TSMC to accelerate capacity expansion. Revenue outlook lifted despite margin pressure Chief Financial Officer Wendell Huang forecast third-quarter revenue of between US$44.6 billion and US$45.8 billion, with an operating margin of 56% to 58%. Huang also cautioned that gross margin will come under pressure due to the “extreme” production ramp-up of the company’s advanced 2-nanometre manufacturing technology. Reflecting continued momentum in AI-related spending, TSMC now expects its 2026 revenue to grow by more than 40% in US dollar terms, compared with its previous outlook for growth of more than 30%. AI boom continues to support long-term growth The latest results reinforce TSMC’s central role in the global semiconductor industry as investment in artificial intelligence infrastructure continues to accelerate. As the primary manufacturing partner for companies including NVIDIA Corporation (NASDAQ:NVDA) and Apple Inc. (NASDAQ:AAPL), TSMC produces advanced chips used in AI servers, smartphones, consumer electronics and a wide range of high-performance computing applications. Taiwan Semiconductor stock priceThe post TSMC posts record Q2 profit as AI demand drives higher revenue and investment outlook (TSM) appeared first on US Editors. Original: TSMC posts record Q2 profit as AI demand drives higher revenue and investment outlook (TSM)

US markets steady as TSMC delivers record profit and investors await key economic data: Dow Jones, S&P, Nasdaq, Wall Street FuturesJuly 16, 2026 6:00 AM
IH Market News US stock futures traded close to flat on Thursday as investors weighed encouraging inflation data, another strong round of corporate earnings and ongoing geopolitical tensions in the Middle East. Market attention also turned to a busy schedule of economic releases and earnings reports that could shape sentiment for the remainder of the week. Futures pause after inflation-driven gains Wall Street futures were little changed in early trading following Wednesday’s rally, which was fuelled by softer-than-expected US inflation figures. By 04:00 ET, S&P 500 futures were down 0.2%, Nasdaq 100 futures had fallen 0.4% and Dow Jones futures were broadly unchanged. The latest inflation data strengthened expectations that the Federal Reserve will leave interest rates unchanged in the near term. However, investors remained cautious as military tensions between the United States and Iran continued to create uncertainty, while recent volatility across semiconductor stocks kept valuations in the artificial intelligence sector under scrutiny. With inflation concerns easing, market attention has shifted back to whether corporate earnings can continue to support this year’s strong equity rally. TSMC reinforces confidence in AI demand Taiwan Semiconductor Manufacturing Company (NYSE:TSM) reported record quarterly earnings, highlighting continued strength in global demand for artificial intelligence chips. The company posted a 77% increase in second-quarter net profit to T$706.6 billion (US$22 billion), comfortably exceeding analysts’ expectations. As the world’s largest contract chip manufacturer, supplying customers including Nvidia and Apple, TSMC is widely viewed as a key indicator of investment trends across the AI industry. The results followed upbeat guidance from ASML earlier this week, reinforcing confidence that companies supporting AI infrastructure continue to benefit from robust customer demand despite recent share price volatility. Apple secures AI approval in China Chinese technology stocks also attracted investor attention after Apple (NASDAQ:AAPL) received regulatory approval to introduce Apple Intelligence features in China. Alibaba (NYSE:BABA) rose nearly 5%, while Baidu (NASDAQ:BIDU) gained around 4% after China’s cyberspace regulator approved Apple’s on-device generative AI services for iPhone users. The approval removes a significant regulatory obstacle for Apple as it expands its artificial intelligence offering in one of its largest markets, while also creating opportunities for domestic technology companies supporting its AI ecosystem. Middle East tensions remain a key risk Despite improving sentiment surrounding inflation and earnings, geopolitical developments continued to influence financial markets. The US military carried out another round of strikes against Iran, with US Central Command stating that operations targeted sites linked to attacks on commercial vessels passing through the Strait of Hormuz. President Donald Trump also reiterated that military action would continue until Iran agreed to negotiations. Although markets have become less sensitive to daily headlines, investors remain alert to the possibility of disruptions to one of the world’s most important oil shipping routes. Any sustained increase in energy prices could reignite inflation pressures and complicate the Federal Reserve’s policy outlook. Busy calendar ahead Investors are also preparing for another busy session of corporate earnings and economic releases. Netflix (NASDAQ:NFLX), GE Aerospace (NYSE:GE), State Street (NYSE:STT) and U.S. Bancorp (NYSE:USB) are all due to publish quarterly results. Meanwhile, June retail sales figures and the latest weekly jobless claims data are expected to provide fresh insight into the health of US consumer spending and labour market conditions. Stronger-than-expected earnings and economic data would reinforce confidence in the resilience of the US economy, while weaker figures could revive concerns over slowing growth following this year’s strong stock market gains. Taiwan Semiconductor stock price Apple stock price Alibaba Group Holdings stock price Baidu stock price Netflix stock price GE Aerospace stock price State Street Corporation stock price U.S. Bancorp stock priceThe post US markets steady as TSMC delivers record profit and investors await key economic data: Dow Jones, S&P, Nasdaq, Wall Street Futures appeared first on US Editors. Original: US markets steady as TSMC delivers record profit and investors await key economic data: Dow Jones, S&P, Nasdaq, Wall Street Futures

Apple Watch accounts for 90% of AI smartwatch shipments as Edge AI hits 25% penetration in Q126
Friday, July 10, 2026 4:30 pm
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Global shipments of Edge AI-capable smartwatches experienced robust growth in the first quarter of 2026, with Apple maintaining overwhelming dominance in the emerging category of on-device AI wearables. According to Counterpoint Research, the Apple Watch accounted for the vast majority of these AI-enabled shipments, highlighting the company’s lead in integrating advanced intelligence directly into its devices.

Edge AI Reaches 25% Market Penetration with Strong Growth

Counterpoint Research reported that global Edge AI-capable smartwatch shipments grew by 70% year-over-year in Q1 2026, achieving a market penetration of 25%. One in every four smartwatches shipped during the quarter now features Edge AI capabilities, enabling local machine learning inference for improved speed, privacy, and efficiency.

Apple solely accounted for ~90% of Edge AI smartwatch shipments in Q1 2026. This dominance stems from its custom Neural Engine technology, which powers seamless on-device features such as Siri intent recognition, high-frequency sleep apnea monitoring, and advanced gesture detection without cloud dependency.

Health Monitoring Features Accelerate

The adoption of Edge AI aligns with rapid growth in advanced health capabilities. Shipments of smartwatches with blood pressure monitoring doubled, while those with sleep apnea detection tripled between Q1 2025 and Q1 2026. Key penetration shifts include:

• Blood pressure monitoring: rose from 11% to 23% of shipments
• Sleep apnea detection: increased from 5% to 18%
• ECG: grew from 31% to 34%

These developments reflect a broader industry move toward clinically relevant, real-time health insights powered by on-device AI.

Apple’s Overall Market Performance

Apple’s shipments grew 21% year-over-year, securing a 23% share of the total global smartwatch market. Counterpoint Principal Analyst Anshika Jain said in a statement: “Apple captured the highest shipment share and was the strongest performer in the quarter, helped by its refreshed lineup, meaningful health upgrades and the more affordable Apple Watch SE 3.”

Counterpoint’s Research Director Mohit Agrawal commented on the transition in Edge AI, “Edge AI in smartwatches is shifting from primarily a hardware integration to one that also includes software optimization. The real unlock is smaller, more efficient models and OS-level access that lets any app run inference locally. AI needs to turn from a single application into a personal layer that works on personal data. This enables instant health alerts, gesture control, and richer personalized experiences, and that is why Edge AI penetration is set to approach 32% in 2026.”

MacDailyNews Take: Counterpoint expects Edge AI penetration in smartwatches to near 32% by the end of 2026. As the category evolves from basic tracking to intelligent, personalized health and interaction tools, Apple’s integration of hardware, software, and privacy-focused AI continues to give it a substantial edge in the competitive wearable market.

https://macdailynews.com/2026/07/10/apple-watch-accounts-for-90-of-ai-smartwatch-shipments-as-edge-ai-hits-25-penetration-in-q126/

Apple can actually benefit from the ‘RAMageddon’ memory supply shortage
Tuesday, July 7, 2026 4:00 pm
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Amid sharply rising memory and storage prices that are forcing many tech makers to hike prices, Apple is in a surprisingly strong position. While the company has raised prices on select iPad and MacBook models, its robust margins, new lower-priced lineup (including the MacBook Neo and iPhone 17e), and pricing power could make its products look more attractive relative to competitors — potentially driving market share gains and long-term ecosystem growth.

David Jagielski, CPA, for The Motley Fool:

[A]s other companies need to raise prices significantly due to rising memory and storage costs, Apple may not feel as much pressure to do so, given its strong margins. While it has announced price increases for some products, including the MacBook Neo, it has held off on raising iPhone prices for the time being. Other companies that don’t have Apple’s financial might may not have that same luxury. And as the gap between Apple’s products and lower-priced options diminishes, consumers may be more inclined to simply buy an Apple product.

Apple’s stock is up 15% since the start of the year, as concerns about rising prices don’t appear to be weighing on the business. While higher prices may negatively impact demand for some of its premium-priced products, there’s still hope that Apple might be able to capture greater sales on its lower-priced products and, in doing so, potentially attract more consumers into its ecosystem, leading to more future growth.

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MacDailyNews Take: And there’s nothing that Mr. Market loves more than growth!

https://macdailynews.com/2026/07/07/apple-can-actually-benefit-from-the-ramageddon-memory-supply-shortage/

Apple supplier Luxshare prices $3 billion Hong Kong listing
Tuesday, July 7, 2026 5:00 pm
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China-headquartered Luxshare Precision Industry, a major Apple supplier listed on the Shenzhen exchange, has priced its Hong Kong initial public offering (IPO) at the top end of its marketed range, aiming to raise approximately HK$24.27 billion ($3.09 billion).

The company set the offer price at HK$63.28 per H-share for 383.5 million shares. Trading in the new shares is scheduled to begin on the Hong Kong Stock Exchange on July 9.

Proceeds from the listing will support several strategic initiatives, including expanding manufacturing capacity in the automotive and consumer electronics sectors, investing in AI-driven factory upgrades, repaying debt, and bolstering working capital. A substantial share of the funds is directed toward automotive electronics as Luxshare deepens its involvement in the rapidly expanding intelligent vehicle supply chain.

Luxshare, founded by Chinese billionaire Wang Laichun, ranks among Apple’s largest suppliers. It produces components such as routers, wireless charging modules, and video-conferencing equipment.

The timing of the IPO aligns with strong global interest in AI and technology supply chains. Analyst Lukman Leong of Doo Financial Futures told Reuters, “Luxshare’s HK IPO is interesting because it comes at a time when global equity markets are still riding the AI euphoria. I see the IPO as benefiting from the current positive market sentiment toward AI and technology supply chains, while also reflecting HK’s renewed appeal as the preferred international fundraising venue for Chinese companies.”

Luxshare is one of five Chinese technology and advanced manufacturing firms that launched Hong Kong listings last week. The first half of 2026 has already recorded about $22.45 billion in new listings in Hong Kong, a 57% increase from the same period a year earlier, marking the busiest start to a year for the city in five years, according to LSEG data.

The surge underscores Hong Kong’s resurgence as a key destination for new share sales, driven by improving investor sentiment and demand for technology and manufacturing companies.The company plans to disclose the level of investor demand for its international offering on July 8.

MacDailyNews Note: In a related development, electronic ceramic materials maker Chaozhou Three-Circle also priced its H-share listing at HK$100.30, targeting proceeds of about HK$7.16 billion.

https://macdailynews.com/2026/07/07/apple-supplier-luxshare-prices-3-billion-hong-kong-listing/

Apple scores record 89 Emmy Award nominations, with top category nods for celebrated comedies Widow’s Bay, Shrinking, and Margo’s Got Money Troubles, and global hit dramas Pluribus, Slow Horses, and Your Friends & NeighborsJuly 8, 2026 8:21 PM
Business Wire Apple leads with the most nominations for any network in major drama and comedy categories as breakout comedy Widow’s Bay scores 19 nominations and drama Pluribus lands 18 nominations following widely acclaimed first season Award-winning nonfiction series Mr. Scorsese and The Reluctant Traveler With Eugene Levy score top program nominations Apple lands nominations across 15 originals, with additional nods for titles including Foundation, Monarch: Legacy of Monsters, The Morning Show, Murderbot, Palm Royale, and Smoke Apple scores a historic 89 nominations across 15 programs for the 78th Primetime Emmy Awards, and leads as the network with the most nominations in the Best Drama and Best Comedy series categories, respectively, earning top program nominations for comedies Widow’s Bay, Shrinking, and Margo’s Got Money Troubles, alongside dramas Pluribus, Slow Horses, and Your Friends & Neighbors. Apple’s breakout comedy sensation Widow’s Bay leads as one of this year’s most-nominated programs with 19 nominations in total, and Pluribus lands 18 nominations following its global hit freshman season, as celebrated Apple Original Shrinking lands 10 nominations, Slow Horses is recognized with nine nominations, and Margo’s Got Money Troubles scores eight nominations in total. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260708132065/en/Apple’s breakout comedy sensation Widow’s Bay leads as one of this year’s most-nominated programs with 19 nominations in total. This year’s record-breaking nominations follow Apple TV sweeping last year’s 77th Primetime Emmy Awards as the network led with The Studio becoming the most-winning freshman comedy in Emmy history, and Severance leading as the year’s most-winning drama. Nominations for the 78th Emmy Awards were announced today by the Television Academy, and the winners will be unveiled at a ceremony on September 14. “Great stories have the ability to entertain, surprise, and bring people together, and these unprecedented nominations recognize shows that have done exactly that,” said Matt Cherniss, Apple TV’s head of programming. “We are in awe of the world-class storytellers we have the opportunity to collaborate with every day and are deeply grateful to the Television Academy for celebrating them. Congratulations to all of this year’s nominees whose brilliant work has connected with viewers everywhere.” On the heels of its broadly acclaimed first season, Widow’s Bay earns a nomination for Outstanding Comedy Series, along with six acting category nominations, including Outstanding Lead Actor for star and executive producer Matthew Rhys; Outstanding Supporting Actor nominations for Kate O’Flynn, Dale Dickey, and Stephen Root; as well as Outstanding Guest Actor nominations for Hamish Linklater and Betty Gilpin. The series also scores nominations for Outstanding Directing, Outstanding Writing, and Outstanding Editing. As one of this year’s most-nominated programs, Pluribus is nominated for Outstanding Drama Series, along with nominations for Outstanding Writing and Outstanding Directing for creator Vince Gilligan, and Outstanding Lead Actress in a Drama Series for star Rhea Seehorn, as well as Outstanding Supporting Actor nominations for Karolina Wydra and Carlos-Manuel Vesga, and Outstanding Guest Actor nods for Jeff Hiller and Miriam Shor. Outstanding Comedy Series nominee Shrinking lands 10 nominations in total, including Best Actor (Jason Segel), along with Best Supporting Actor nods for Harrison Ford and Michael Urie, an Outstanding Supporting Actress nomination for Jessica Williams, and Outstanding Guest Actor nominations for Brett Goldstein and Michael J. Fox, who lands his first acting nomination in over a decade. Apple’s acclaimed comedy Margo’s Got Money Troubles makes its Emmy debut with eight nominations, including Outstanding Comedy Series, Outstanding Actress in a Comedy for star and executive producer Elle Fanning, Outstanding Supporting Actress in a Comedy for star and executive producer Michelle Pfeiffer, and Outstanding Supporting Actor for Nick Offerman. Emmy Award-winning drama Slow Horses scores its third consecutive nomination for Outstanding Drama Series for its acclaimed fifth season, with nine total nominations, and Apple’s hit original drama Your Friends & Neighbors scores its first-ever nomination for Outstanding Drama Series for its second season. On the nonfiction side, Apple’s documentary event Mr. Scorsese scores top nominations including Outstanding Documentary or Nonfiction Series, Outstanding Directing for a Documentary/Nonfiction Program, and Outstanding Picture Editing for a Nonfiction Program. Plus, following its third season, The Reluctant Traveler With Eugene Levy lands its second nomination for Outstanding Hosted Nonfiction Series or Special, along with a nomination for Outstanding Writing for a Nonfiction Program. Apple Original Murderbot also makes its Emmy debut with three nominations in total, and Palm Royale, The Morning Show, Foundation, Monarch: Legacy of Monsters, and Smoke are also recognized with nominations. To date, Apple Original films, documentaries, and series have been honored with 850 wins and 3,734 award nominations, including multi-Emmy Award-winning and history-making comedies The Studio and Ted Lasso; global cultural phenomenon Severance; Apple’s most-viewed drama, Pluribus; Academy Award Best Picture winner CODA; and Academy Award winner F1, the highest-grossing sports feature of all time. In total, Apple scored 89 Emmy Award nominations, including: Widow’s Bay (19) Outstanding Comedy Series Outstanding Lead Actor in a Comedy Series: Matthew Rhys Outstanding Supporting Actress in a Comedy Series: Kate O’Flynn Outstanding Supporting Actress in a Comedy Series: Dale Dickey Outstanding Supporting Actor in a Comedy Series: Stephen Root Outstanding Guest Actor in a Comedy Series: Hamish Linklater Outstanding Guest Actress in a Comedy Series: Betty Gilpin Outstanding Writing for a Comedy Series: Katie Dippold Outstanding Directing for a Comedy Series: Hiro Murai Outstanding Production Design for a Narrative Program (Half-Hour) Outstanding Casting for a Comedy Series Outstanding Cinematography for a Series (Half-Hour) Outstanding Picture Editing for a Single-Camera Comedy Series (3x) Outstanding Music Composition for a Series (Original Dramatic Score) Outstanding Music Supervision Outstanding Sound Editing for a Comedy or Drama Series (Half-Hour) and Animation Outstanding Sound Mixing for a Comedy or Drama Series (Half-Hour) and Animation Pluribus (18) Outstanding Drama Series Outstanding Lead Actress in a Drama Series: Rhea Seehorn Outstanding Supporting Actor in a Drama Series: Carlos-Manuel Vesga Outstanding Supporting Actress in a Drama Series: Karolina Wydra Outstanding Guest Actor in a Drama Series: Jeff Hiller Outstanding Guest Actress in a Drama Series: Miriam Shor Outstanding Writing for a Drama Series: Vince Gilligan Outstanding Directing for a Drama Series: Vince Gilligan Outstanding Production Design for a Narrative Contemporary Program (One Hour or More) Outstanding Casting for a Drama Series Outstanding Cinematography for a Series (One Hour) Outstanding Picture Editing for a Drama Series (3x) Outstanding Music Composition for a Series (Original Dramatic Score) Outstanding Original Main Title Theme Music Outstanding Music Supervision Outstanding Sound Mixing for a Comedy or Drama Series (One Hour) Shrinking (10) Outstanding Comedy Series Outstanding Lead Actor in a Comedy Series: Jason Segel Outstanding Supporting Actress in a Comedy Series: Jessica Williams Outstanding Supporting Actor in a Comedy Series: Harrison Ford Outstanding Supporting Actor in a Comedy Series: Michael Urie Outstanding Guest Actor in a Comedy Series: Michael J. Fox Outstanding Guest Actor in a Comedy Series: Brett Goldstein Outstanding Casting for a Comedy Series Outstanding Sound Mixing for a Comedy or Drama Series (Half-Hour) and Animation Outstanding Short Form Nonfiction or Reality Series: Shrinking: In It Together Slow Horses (9) Outstanding Drama Series Outstanding Lead Actor in a Drama Series: Gary Oldman Outstanding Supporting Actor in a Drama Series: Jack Lowden Outstanding Guest Actor in a Drama Series: Jonathan Pryce Outstanding Writing for a Drama Series: Will Smith Outstanding Directing for a Drama Series: Saul Metzstein Outstanding Production Design for a Narrative Contemporary Program (One Hour or More) Outstanding Casting for a Drama Series Outstanding Music Composition for a Series (Original Dramatic Score) Margo’s Got Money Troubles (8) Outstanding Comedy Series Outstanding Lead Actress in a Comedy Series: Elle Fanning Outstanding Supporting Actress in a Comedy Series: Michelle Pfeiffer Outstanding Supporting Actor in a Comedy Series: Nick Offerman Outstanding Cinematography for a Series (One Hour) Outstanding Contemporary Costumes for a Series Outstanding Contemporary Hairstyling Outstanding Contemporary Makeup (Non-Prosthetic) Palm Royale (8) Outstanding Production Design for a Narrative Period or Fantasy Program (One Hour or More) Outstanding Choreography for Scripted Programming Outstanding Period Costumes Outstanding Period or Fantasy/Sci-Fi Hairstyling Outstanding Period or Fantasy/Sci-Fi Makeup (Non-Prosthetic) Outstanding Music Composition for a Series (Original Dramatic Score) Outstanding Stunt Coordination for Comedy Programming Outstanding Stunt Performance Murderbot (3) Outstanding Sound Editing for a Comedy or Drama Series (Half-Hour) and Animation Outstanding Title Design Outstanding Original Main Title Theme Music Mr. Scorsese (3) Outstanding Documentary or Nonfiction Series Outstanding Directing for a Documentary/Nonfiction Program Outstanding Picture Editing for a Nonfiction Program The Reluctant Traveler With Eugene Levy (2) Outstanding Hosted Nonfiction Series or Special Outstanding Writing for a Nonfiction Program Prehistoric Planet: Ice Age (2) Outstanding Music Composition for a Documentary/Nonfiction or Reality Program (Original Dramatic Score) Outstanding Special Visual Effects in a Season or Movie Your Friends & Neighbors (1) Outstanding Drama Series The Morning Show (1) Outstanding Supporting Actor in a Drama: Billy Crudup Foundation (1) Outstanding Special Visual Effects in a Season or Movie Monarch: Legacy of Monsters (1) Outstanding Special Visual Effects in a Season or Movie Smoke (1) Outstanding Title Design Nominees for Outstanding Commercial (2) “A Critter Carol” “I’m Not Remarkable” Pluribus Hailing from creator Vince Gilligan, Pluribus is a genre-bending original in which the most miserable person on Earth must save the world from happiness. Slow Horses This darkly funny espionage drama follows a team of British intelligence agents who serve in a dumping ground department of MI5 due to their career-ending mistakes. Led by their brilliant but irascible leader, the notorious Jackson Lamb (Academy Award winner Sir Gary Oldman), they navigate the espionage world’s smoke and mirrors to defend England from sinister forces. Your Friends & Neighbors After being fired in disgrace, a hedge fund manager still grappling with his recent divorce resorts to stealing from his neighbors’ homes in the exceedingly affluent Westmont Village, only to discover that the secrets and affairs hidden behind those wealthy facades might be more dangerous than he ever imagined. The Morning Show Season Four of The Morning Show opens in spring 2024, almost two years after the events of Season Three. With the UBA-NBN merger complete, the newsroom must grapple with newfound responsibility, hidden motives, and the elusive nature of truth in a polarized America. In a world rife with deepfakes, conspiracy theories and corporate cover-ups — who can you trust? And how can you know what’s actually real? Along with Jennifer Aniston and Reese Witherspoon, the star-studded Season Four ensemble cast includes Billy Crudup, Karen Pittman, Nicole Beharie, Nestor Carbonell, Mark Duplass, Greta Lee, Marion Cotillard, Jeremy Irons, Aaron Pierre, William Jackson Harper, Boyd Holbrook, and returning fan favorite Jon Hamm. Widow’s Bay Widow’s Bay is a quaint island town 40 miles off the coast of New England. But something lurks beneath the surface. Mayor Tom Loftis (Matthew Rhys) is desperate to revive his struggling community. There’s no Wi-Fi, spotty cellular reception, and he must contend with superstitious locals who believe their island is cursed. He wants these people to respect him. They don’t. They think he is soft and cowardly. And he is. But Loftis is determined to build a better future for his teenage son and turn the island into a tourist destination. Miraculously, he succeeds: Tourists are finally coming. Unfortunately, the locals were right. After decades of calm, the old stories that seemed too ludicrous to be true, start happening again. Widow’s Bay blends genuine horror with character-driven comedy. Shrinking Shrinking follows a grieving therapist who starts to break the rules and tell his clients exactly what he thinks. Ignoring his training and ethics, he finds himself making huge, tumultuous changes to people’s lives… including his own. Margo’s Got Money Troubles Margo’s Got Money Troubles is a bold, heartwarming, and comedic family drama following recent college dropout and aspiring writer Margo (Elle Fanning), the daughter of an ex-Hooters waitress (Michelle Pfeiffer) and ex-pro wrestler (Nick Offerman), as she’s forced to make her way with a new baby, a mounting pile of bills, and a dwindling amount of ways to pay them. Palm Royale Palm Royale is a true underdog story that follows Maxine Simmons (Kristen Wiig) as she endeavors to break into Palm Beach high society. As Maxine attempts to cross that impermeable line between the haves and the have-nots, Palm Royale asks the same question that still baffles us today: “How much of yourself are you willing to sacrifice to get what someone else has?” Set during the powder keg year of 1969, Palm Royale is a testament to every outsider fighting for their chance to truly belong. Murderbot Based on Martha Wells’ bestselling Hugo and Nebula Award-winning book series, Murderbot is a sci-fi thriller/comedy about a self-hacking security construct who is horrified by human emotion yet drawn to its vulnerable clients. Murderbot must hide its free will and complete a dangerous assignment when all it really wants is to be left alone to watch futuristic soap operas and figure out its place in the universe. Foundation Based on the award-winning novels by Isaac Asimov, Foundation chronicles a band of exiles on their monumental journey to save humanity and rebuild civilization amid the fall of the Galactic Empire. Monarch: Legacy of Monsters Season One of Monarch: Legacy of Monsters tracks two siblings looking to uncover their family’s connection to the secretive organization known as Monarch. Clues lead them into the world of monsters and ultimately down the rabbit hole to Army officer Lee Shaw (played by Kurt Russell and Wyatt Russell), taking place in the 1950s and half a century later, where Monarch is threatened by what Shaw knows. Season Two will pick up with the fate of Monarch — and the world — hanging in the balance. The dramatic saga reveals buried secrets that reunite our heroes (and villains) on Kong’s Skull Island, and a new, mysterious village where a mythical Titan rises from the sea. The ripple effects of the past make waves in the present day, blurring the bonds between family, friend, and foe — all with the threat of a titan event on the horizon. Smoke Inspired by true events, Smoke follows a troubled detective and an enigmatic arson investigator as they pursue the trails of two serial arsonists. Mr. Scorsese Mr. Scorsese is a film portrait of a man through the lens of his work, exploring the many facets of a visionary who redefined filmmaking, including his extraordinary career and unique personal history. With exclusive, unrestricted access to Martin Scorsese’s private archives, the documentary series is anchored by extensive conversations with the filmmaker himself and never-before-seen interviews with friends, family, and creative collaborators including Robert De Niro, Daniel Day-Lewis, Leonardo DiCaprio, Mick Jagger, Robbie Robertson, Thelma Schoonmaker, Steven Spielberg, Sharon Stone, Jodie Foster, Paul Schrader, Margot Robbie, Cate Blanchett, Jay Cocks, and Rodrigo Prieto, along with his children, wife Helen Morris, and close childhood friends. From acclaimed director Rebecca Miller, Mr. Scorsese examines how his own colorful life experiences informed his artistic vision as each film he made stunned the world with originality. Starting with his New York University student films and continuing to the present day, this documentary explores the themes that have fascinated Scorsese and informed his work, including the place of good and evil in the fundamental nature of humankind. The Reluctant Traveler With Eugene Levy After confronting his fears and stepping outside his comfort zone in the first two seasons, Levy is inching closer to becoming an avid traveler. But before he can claim that title, he’s discovering what the “ultimate travel bucket list” is all about, and he gets a little help from a very special guest, the Prince of Wales. This season, Levy is also joined by a few famously familiar faces — including multiplatinum superstar and five-time Grammy Award winner Michael Bublé; Levy’s daughter, Schitt’s Creek and SurrealEstate star Sarah Levy; NOWZ, one of the newest K-pop boy bands; and Rahul Dravid, former Indian cricketer known as one of the greatest batsmen in the history of cricket. This season takes him to Austria, Canada, England, India, Ireland, Mexico, South Korea, and the United States, each stop bringing a new opportunity to broaden his perspective — and test his resolve. Additional guests and local guides this season include Eric Nam, a Korean American singer, songwriter and actor in South Korea, and Jofra Archer, a fast bowler who plays for the England cricket team, among many others who join Levy at different stops on his journey. Prehistoric Planet: Ice Age Prehistoric Planet: Ice Age is a sweeping new installment of the award-winning natural history series from executive producers Jon Favreau and Mike Gunton, produced by BBC Studios Natural History Unit (Planet Earth), and narrated by Golden Globe and Olivier Award winner Tom Hiddleston (Earthsounds), with an original score by Hans Zimmer, Anže Rozman, and Kara Talve from Bleeding Fingers Music. The five-part docuseries invites viewers into a dramatic new era of prehistoric life, millions of years after the extinction of the dinosaurs — an era shaped by ice, the intense fight to survive and the rise of a new cast of giants: the iconic megafauna. All titles are currently streaming on Apple TV. Apple TV offers premium, compelling drama and comedy series, feature films, groundbreaking documentaries, and kids and family entertainment, and is available to watch across all of a user’s favorite screens. After its launch on November 1, 2019, Apple TV became the first all-original streaming service to launch around the world, and has premiered more original hits and received more award recognitions faster than any other streaming service in its debut. View source version on businesswire.com: https://www.businesswire.com/news/home/20260708132065/en/ Apple Media Helpline
media.help@apple.com Original: Apple scores record 89 Emmy Award nominations, with top category nods for celebrated comedies Widow’s Bay, Shrinking, and Margo’s Got Money Troubles, and global hit dramas Pluribus, Slow Horses, and Your Friends & Neighbors

Apple Commits Over $30 Billion to Broadcom Supply Deal as Colorado Plant Expands (AAPL)July 8, 2026 6:58 AM
IH Market News Apple (NASDAQ:AAPL) will invest more than $30 billion under a long-term semiconductor supply agreement with Broadcom (NASDAQ:AVGO), a partnership that will also fund a major expansion of Broadcom’s manufacturing facility in Colorado. Long-Term Agreement Supports U.S. Chip Production Broadcom announced earlier this week that it had signed a supply agreement with Apple running through 2031. On Wednesday, Apple confirmed the partnership centres on FBAR radio-frequency filters, components used to enable wireless connectivity across its devices and jointly developed with Broadcom since at least 2023. As part of the agreement, Broadcom will invest $1.5 billion to expand its production facility in Fort Collins, Colorado. Apple said the collaboration is expected to result in the manufacture of at least 15 billion chips and forms part of its broader strategy to source a greater share of key components from U.S.-based suppliers, in line with initiatives supported by the administration of President Donald Trump. Cook Highlights U.S. Manufacturing Investment “The cutting-edge components built in Fort Collins are essential to delivering the incredible performance and connectivity our customers expect, and we’re proud to deepen our investments in U.S.-based suppliers that share our commitment to excellence and innovation,” Apple CEO Tim Cook said in a statement. “We’re grateful to the president and his administration for supporting important projects like this.” Apple stock price Broadcom stock priceThe post Apple Commits Over $30 Billion to Broadcom Supply Deal as Colorado Plant Expands (AAPL) appeared first on US Editors. Original: Apple Commits Over $30 Billion to Broadcom Supply Deal as Colorado Plant Expands (AAPL)

Apple Loses EU Appeal Over App Store and iOS Gatekeeper Status (AAPL)July 8, 2026 6:40 AM
IH Market News Apple (NASDAQ:AAPL) has failed in its attempt to overturn European Union rules that classify the App Store and the iOS operating system as “gatekeeper” services under the bloc’s Digital Markets Act (DMA). EU Court Backs Digital Markets Act Decision The EU’s General Court in Luxembourg upheld the European Commission’s decision to designate both the App Store and iOS as core platform services subject to the DMA. The legislation imposes wide-ranging obligations on major technology companies and allows regulators to impose fines of up to 10% of a company’s global annual revenue for non-compliance. “The General Court dismisses Apple’s actions regarding its designation as a gatekeeper in relation to the App Store and iOS,” the court said, confirming that regulators acted correctly in applying the DMA to both services. The ruling follows last week’s decision against Google in its long-running appeal over a record EU antitrust fine linked to Android. Apple’s Challenges Rejected Apple sought to challenge several aspects of the DMA, including requirements to improve interoperability between the iPhone and third-party hardware, the inclusion of the App Store within the legislation, and the treatment of its iMessage service. While iMessage ultimately avoided designation under the rules, the court ruled that Apple’s legal challenge relating to the messaging platform was inadmissible. “We firmly believe the DMA’s mandate goes beyond what is lawful and proportionate, threatening to erode decades of privacy and security protections we’ve built and leaving our users vulnerable to new risks,” an Apple spokesperson said. Apple retains the right to appeal the decision on legal grounds before the Court of Justice of the European Union. Pressure Builds on Big Tech The case dates back to 2024, when the European Commission designated Apple’s App Stores across the iPhone, iPad, Mac, Apple TV and Apple Watch ecosystem as a single core platform service under the DMA. The General Court has now endorsed that decision. The latest ruling is expected to strengthen the European Commission’s enforcement of the Digital Markets Act against major technology companies. The legislation has faced strong opposition from Apple and criticism from U.S. President Donald Trump, whose administration has also raised concerns about the DMA during trade discussions with the European Union. Apple is separately contesting a €500 million fine imposed over alleged breaches of the Digital Markets Act. Apple stock priceThe post Apple Loses EU Appeal Over App Store and iOS Gatekeeper Status (AAPL) appeared first on US Editors. Original: Apple Loses EU Appeal Over App Store and iOS Gatekeeper Status (AAPL)

Apple to increase spend with Broadcom to produce billions more U.S. chipsJuly 8, 2026 6:00 AM
Business Wire New multiyear agreement includes expansion to facility in Fort Collins, Colorado Apple® today announced a new multiyear commitment with Broadcom to design and produce custom silicon components and cutting-edge wireless connectivity technologies for a wide range of Apple products. The new agreement, expected to exceed $30 billion, will lead to the production of more than 15 billion U.S.-made chips and support hundreds of American jobs. Apple has been working with the administration and businesses across the U.S. to help create an end-to-end silicon supply chain in America, and today’s announcement advances those efforts. Broadcom is part of Apple’s American Manufacturing Program (AMP), launched last year to accelerate manufacturing in the U.S. This new agreement, which marks Apple’s largest AMP commitment to date, will enable Broadcom to expand and modernize its manufacturing facilities in Fort Collins, Colorado, with a $1.5 billion capital expenditure investment. Broadcom will produce advanced radio frequency components — including FBAR filters — and advanced wireless connectivity technologies at the Fort Collins facility. “Apple and Broadcom have a long history together, and this new phase of our partnership further accelerates our commitment to American manufacturing and innovation,” said Tim Cook, Apple’s CEO. “The cutting-edge components built in Fort Collins are essential to delivering the incredible performance and connectivity our customers expect, and we’re proud to deepen our investments in U.S.-based suppliers that share our commitment to excellence and innovation. We’re grateful to the president and his administration for supporting important projects like this one.” “Broadcom is proud to continue to work with Apple after decades of success together, and we share a strong commitment to American innovation,” said Hock Tan, Broadcom’s president and CEO. “With Apple’s newest commitment, we’re pleased to expand our manufacturing footprint in Fort Collins, where we create groundbreaking technology that connects people around the world.” These investments are part of Apple’s commitment to invest $600 billion in the U.S. economy over four years, supporting manufacturing, job creation, and technology development across the country. Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it. NOTE TO EDITORS: For additional information visit Apple Newsroom (www.apple.com/newsroom), or email Apple’s Media Helpline at media.help@apple.com. © 2026 Apple Inc. All rights reserved. Apple and the Apple logo are trademarks of Apple. Other company and product names may be trademarks of their respective owners. View source version on businesswire.com: https://www.businesswire.com/news/home/20260708510843/en/ Nick Leahy
Apple
nleahy@apple.com Apple Media Helpline
media.help@apple.com Original: Apple to increase spend with Broadcom to produce billions more U.S. chips

Broadcom Shares Rise After Extending Apple Chip Supply Partnership Through 2031 (AVGO)July 6, 2026 9:21 AM
IH Market News Multi-Year Agreement Strengthens Long-Term Relationship Broadcom Inc. (NASDAQ:AVGO) shares gained 4% on Monday after the semiconductor company announced a long-term extension of its silicon supply partnership with Apple Inc. (NASDAQ:AAPL), securing a key source of revenue through the end of the decade. The renewed agreement reinforces Broadcom’s role as a major supplier within Apple’s hardware ecosystem and further strengthens the long-standing relationship between the two technology companies. According to a recent SEC filing: “Broadcom Inc. (“Broadcom”) and Apple Inc. (“Apple”) have agreed to expand their long-standing technology collaboration through 2031 by entering into new multi-year long-term agreements for Broadcom to develop and supply a range of custom ASIC silicon products for use in multiple generations of Apple products.” Custom Silicon to Power Future Apple Devices The extended partnership covers the development and supply of multiple generations of custom ASIC chips that will be incorporated into a wide range of future Apple products. The agreement provides Broadcom with long-term visibility over one of its most important customer relationships while supporting Apple’s continued investment in proprietary silicon technologies. AI Expansion Continues Alongside Apple Business Although Apple remains one of Broadcom’s largest customers, the company continues to broaden its presence in the artificial intelligence semiconductor market. Broadcom is developing AI-focused chips for several leading technology companies, including Alphabet Inc. (NASDAQ:GOOGL) and Meta Platforms Inc. (NASDAQ:META), as demand for AI infrastructure continues to grow. Long-Term Revenue Visibility Supports Outlook The extended agreement provides Broadcom with a predictable revenue stream from one of the world’s largest technology companies while reinforcing its strategic importance within Apple’s product roadmap. As Apple continues expanding the use of custom-designed silicon across its devices, the renewed partnership further cements Broadcom’s position as one of the company’s key semiconductor suppliers. Broadcom stock price Apple stock price Alphabet stock priceMeta stock price The post Broadcom Shares Rise After Extending Apple Chip Supply Partnership Through 2031 (AVGO) appeared first on US Editors. Original: Broadcom Shares Rise After Extending Apple Chip Supply Partnership Through 2031 (AVGO)

Foxconn Posts Strong Q2 Revenue Growth on AI Demand, Flags Geopolitical Risks (FXCOF)July 6, 2026 6:56 AM
IH Market News Artificial Intelligence Drives Better-Than-Expected Sales Foxconn, officially known as Hon Hai Precision Industry (USOTC:FXCOF), reported a sharp increase in second-quarter revenue as strong demand for artificial intelligence infrastructure continued to fuel growth, although the company warned that geopolitical uncertainty remains a key risk. The world’s largest contract electronics manufacturer generated revenue of T$2.513 trillion ($78.71 billion) during the April-to-June period, representing a 39.8% increase from a year earlier and comfortably exceeding Reuters/LSEG forecasts of T$2.372 trillion. Cloud and Networking Products Lead Growth Foxconn said demand for cloud computing and networking products remained particularly strong as investment in AI infrastructure continued to accelerate worldwide. The company also reported healthy performance across its consumer electronics business, highlighting resilient end-market demand during the quarter. As the leading server manufacturing partner for NVIDIA Corporation (NASDAQ:NVDA) and Apple’s (NASDAQ:AAPL) primary iPhone assembler, Foxconn continues to play a central role in the global technology supply chain. AI Infrastructure Continues to Support Performance Growing investment in artificial intelligence has significantly boosted demand for data centre servers and networking equipment, providing a major tailwind for Foxconn’s manufacturing operations. At the same time, continued consumer spending on electronic devices has provided an additional source of revenue growth in recent quarters. Company Remains Cautious on Global Uncertainty Despite the strong quarterly performance, Foxconn cautioned that geopolitical and broader macroeconomic uncertainty could continue to affect future business conditions, although it did not identify any specific risks. Looking ahead, the company expects shipments of AI server racks to continue growing during the current quarter, while seasonal demand is also anticipated to provide additional support for its consumer electronics business. The post Foxconn Posts Strong Q2 Revenue Growth on AI Demand, Flags Geopolitical Risks (FXCOF) appeared first on US Editors. Original: Foxconn Posts Strong Q2 Revenue Growth on AI Demand, Flags Geopolitical Risks (FXCOF)

Apple reportedly plans major iPhone expansion with five new models through 2027 (AAPL)July 2, 2026 5:43 AM
IH Market News Apple (NASDAQ:AAPL) is preparing one of its most significant iPhone product rollouts in years, with plans to introduce at least five new models between the second half of 2026 and the first half of 2027, according to a report from Nikkei Asia. Apple shares rose 0.9% in premarket trading on Thursday following the report. Foldable iPhone production target increased According to Nikkei Asia, citing people familiar with the matter, Apple has instructed suppliers to prepare for the production of around 10 million foldable iPhones this year. The revised target is higher than the company’s previous estimate of between 7 million and 8 million units, signalling increased confidence in demand for its first foldable smartphone. Apple targets premium smartphone segment The expanded launch schedule highlights Apple’s efforts to strengthen its position in the premium smartphone market as competition intensifies. Foldable devices have become an increasingly important segment of the industry, with rivals including Samsung Electronics (KS:005930) and Huawei Technologies already offering multiple foldable smartphone models. Apple’s reported plans suggest the company is preparing to compete more aggressively in this fast-growing category. Supply chain costs remain a challenge The reported production expansion comes as Apple continues to navigate higher component costs and ongoing supply-chain pressures. The company recently increased prices for several Mac and iPad models, citing rising costs for memory and storage chips. Apple executives have also cautioned that sustained increases in component prices could eventually influence future iPhone pricing. Apple stock priceThe post Apple reportedly plans major iPhone expansion with five new models through 2027 (AAPL) appeared first on US Editors. Original: Apple reportedly plans major iPhone expansion with five new models through 2027 (AAPL)

Magnificent Seven shed $2.3 trillion in June as AI spending comes under closer scrutiny (MSFT)June 30, 2026 9:00 AM
IH Market News Investor sentiment shifts toward infrastructure costs The so-called “Magnificent Seven” technology stocks have collectively lost around $2.3 trillion in market value during June as investors reassessed the scale of artificial intelligence infrastructure spending by the sector’s largest companies. The group comprises Microsoft Corporation (NASDAQ:MSFT), Nvidia Corporation (NASDAQ:NVDA), Alphabet Inc. (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL), Meta Platforms Inc. (NASDAQ:META), Tesla Inc. (NASDAQ:TSLA) and Amazon.com Inc. (NASDAQ:AMZN). Amazon, Microsoft, Alphabet and Meta are investing hundreds of billions of dollars in semiconductors and data centre capacity to expand their AI capabilities, with part of that spending financed through debt. During June, Microsoft shares fell 20%, Nvidia declined about 13%, while Apple and Amazon each dropped roughly 8%. Markets await proof that AI investment will deliver returns Investors have become increasingly cautious as technology giants commit record sums to AI infrastructure, with many now looking to the upcoming second-quarter earnings season for evidence that those investments are translating into stronger financial performance. The reporting season, which begins in July, is expected to provide greater insight into whether the industry’s heavy capital expenditure is generating meaningful returns. Chipmakers continue to outperform While the largest technology companies have come under pressure, semiconductor stocks have continued to outperform. The Philadelphia Semiconductor Index advanced around 6% during June and has climbed more than 90% this year, compared with a 3.4% decline for the Magnificent Seven over the same period. Demand from major technology companies has continued to benefit semiconductor manufacturers, including Taiwan Semiconductor Manufacturing Co., Micron Technology Inc. and ASML Holding NV, with strong chip orders creating supply shortages throughout the industry. The resulting shortage of memory components has also driven prices higher, adding to supply chain constraints across the semiconductor market. Microsoft stock price Nvidia stock price Alphabet stock price Apple stock price Meta stock price Tesla stock price Amazon stock priceThe post Magnificent Seven shed $2.3 trillion in June as AI spending comes under closer scrutiny (MSFT) appeared first on US Editors. Original: Magnificent Seven shed $2.3 trillion in June as AI spending comes under closer scrutiny (MSFT)

Apple supplier Tata Electronics tightens security after data breach
Friday, June 26, 2026 9:03 am
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https://macdailynews.com/2026/06/26/apple-supplier-tata-electronics-tightens-security-after-data-breach/

Apple’s tough negotiations may have helped create the memory crisis it now faces
Friday, June 26, 2026 11:00 am
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https://macdailynews.com/2026/06/26/apples-tough-negotiations-may-have-helped-create-the-memory-crisis-it-now-faces/

Apple accuses India of ‘copy-pasting’ rivals’ claims in antitrust probe, seeks to quash findings
Monday, June 29, 2026 12:00 pm
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https://macdailynews.com/2026/06/29/apple-accuses-india-of-copy-pasting-rivals-claims-in-antitrust-probe-seeks-to-quash-findings/

Wall Street Pre-Market: Futures Tumble as OpenAI IPO Delay Sparks AI Tech Rout, Oil PlummetsJune 26, 2026 8:54 AM
IH Market News The mood in the Wall Street pre-market is one of strong risk aversion. Investors are reacting pessimistically to reports that OpenAI may delay its highly anticipated initial public offering (IPO), which has reignited doubts about actual financial returns compared to the astronomical infrastructure costs of Artificial Intelligence (AI). At 8:02 AM ET, Dow Jones index futures are down 38 points, or 0.07%. S&P 500 futures are down 34.50 points, or 0.46%. Nasdaq futures are dropping 342.25 points, or 1.15%. The 10-year Treasury yield is down to 4.382%. Volatility is amplified by a shift in macroeconomic expectations, as the market digests the possibility of further interest rate hikes by the Federal Reserve (Fed). Friday’s economic calendar begins with the release of preliminary data for the Goods Trade Balance and Wholesale Inventories for May, both published at 9:30 AM ET. At 11:00 AM ET, the final June data from the University of Michigan (UoM) will be released, including the Consumer Sentiment Index and, most notably, the 1-year Inflation Expectations (projected at 4.6%) and 5-year Inflation Expectations (projected at 3.4%). Shortly after, FOMC members will speak: Williams at 11:30 AM ET and Kashkari at 12:30 PM ET. The OpenAI Effect and the Semiconductor Tumble According to The New York Times, OpenAI is considering delaying its IPO. Reasons include the weak performance of SpaceX shares following its market debut and fears of sector volatility. JPMorgan and market analysts warn that this could slow down investments in technological infrastructure. As a result, the chip and memory sector suffered sharp global losses: Top Losses in Focus (US & Global) On Semiconductor (NASDAQ:ON): ? Drops more than 14% (after announcing the acquisition of Synaptics for $7 billion in stock). Micron Technology (NASDAQ:MU) and SanDisk (NASDAQ:SNDK): ? Fall around 4.8% (giving back part of the previous day’s gains). Arm Holdings (NASDAQ:ARM), Marvell Technology (NASDAQ:MRVL), Advanced Micro Devices (NASDAQ:AMD), and Intel (NASDAQ:INTC): Decline between 3% and 4%. SoftBank Group (Asia): ? Led losses in the region with a decline of over 12%, reflecting its heavy exposure as an OpenAI investor. ASML & Infineon (Europe): Drop 1.4% and 3.6%, respectively. Oil in Free Fall Despite rising geopolitical tensions in the Persian Gulf—following reports of an attack attributed to Iran against a Singaporean cargo ship in the Strait of Hormuz—investInvestors preferred to focus on the risks of a global economic slowdown, pushing energy commodities downward. At 8:12 AM ET, Brent crude oil contracts for August are down 3.4%, trading at $72.73 a barrel. US WTI crude oil is down 3.1%, trading at $69.73 a barrel. Energy Stocks: APA Corporation, Diamondback Energy, and Occidental Petroleum are trading down 1% to 1.5%. Gold Attempts to Stabilize The precious metal is attempting a slight technical recovery today, driven by US inflation data that came in flat, but the medium-term outlook remains challenging. Despite the daily gain, trading at $4,063, gold is on track to close its fourth consecutive week of losses, pressured by the specter of higher US interest rates. Silver follows the slight upward movement today, but also closes the week in negative territory. Against the Trend: Positive Highlights Amid the sea of red, a few companies managed to post gains in the pre-market: Synaptics (NASDAQ:SYNA): Rises 4.8% (boosted by On Semiconductor’s acquisition announcement). Rocket Lab (NASDAQ:RKLB): Rises 1.1% (after securing a NASA contract for launch services for two solar and climate research missions). Apple (NASDAQ:AAPL): Rises 0.7% (attempting a slight technical recovery after plunging 6.12% in the previous session, driven by price increases for iPads and MacBooks due to component costs). The post Wall Street Pre-Market: Futures Tumble as OpenAI IPO Delay Sparks AI Tech Rout, Oil Plummets appeared first on US Editors. Original: Wall Street Pre-Market: Futures Tumble as OpenAI IPO Delay Sparks AI Tech Rout, Oil Plummets

Wall Street Set for Higher Open as Progress in U.S.-Iran Talks Boosts Sentiment: Dow Jones, S&P, NasdaqJune 22, 2026 9:22 AM
IH Market News U.S. stock futures pointed to a modestly positive start on Monday, with investors encouraged by reports of progress in diplomatic negotiations between the United States and Iran and by a continued decline in oil prices. The positive tone follows strong gains recorded during the previous trading session, although investors remain cautious as they await further confirmation that the fragile peace process can be sustained. Lower Oil Prices Support Risk Appetite A sharp pullback in crude oil prices has helped improve market sentiment, easing concerns about inflation and potential economic disruption linked to the conflict in the Middle East. The decline comes after negotiators from Washington and Tehran reported constructive discussions in Switzerland, raising hopes that a longer-term agreement could be reached. Lower energy prices are also seen as supportive for consumers, businesses and central banks, potentially reducing pressure on interest rates. U.S. and Iranian Officials Report Progress Vice President JD Vance said the negotiations had made “great progress” despite a “little bit of threatening” and a “little bit of whining.” Vance also described Iran’s decision to permit inspectors from the International Atomic Energy Agency (IAEA) to return as a “major milestone for the American people, and the first step in permanently denuclearizing or permanently ending a nuclear weapons program in Iran.” Qatari and Pakistani mediators echoed the optimistic tone, stating that “encouraging progress has been made” during the talks. Investors Await Further Confirmation Despite the positive developments, investors remain cautious as they look for clearer signs that the emerging peace framework will hold. Trading activity may also remain restrained due to the absence of major U.S. economic releases at the start of the week. Attention is increasingly shifting toward key inflation data due later in the week, which could influence expectations for Federal Reserve policy. Strong Finish to Last Week U.S. equities ended last Thursday’s session firmly higher after recovering from late-session weakness the previous day. The Nasdaq led the advance, climbing 496.28 points, or 1.9%, to close at 26,517.93. The S&P 500 gained 80.48 points, or 1.1%, finishing at 7,500.58, while the Dow Jones Industrial Average added 72.15 points, or 0.1%, to end at 51,564.70. For the shortened holiday week, the Nasdaq advanced 2.4%, the S&P 500 gained 0.9%, and the Dow rose 0.7%. Preliminary U.S.-Iran Agreement Lifts Markets Investor sentiment was boosted by confirmation that the United States and Iran had signed a preliminary framework agreement aimed at ending the conflict in the Middle East. U.S. President Donald Trump and Iranian President Masoud Pezeshkian approved a memorandum of understanding establishing a 60-day negotiation period to work toward a permanent settlement. As part of the initial agreement, Iran will reopen the Strait of Hormuz while the United States will lift its naval blockade of Iranian ports. The development has contributed to a substantial decline in oil prices, with crude futures moving closer to levels seen before the conflict began. Falling Energy Prices Seen as Economic Positive Russ Mould, investment director at AJ Bell, highlighted the broader implications of lower oil prices. “That has huge significance for inflation and interest rates, as well as business, consumer and investor sentiment,” said Mould. “It takes the pressure off industries and households and is hugely positive for global economic growth.” Intel Rally Sparks Semiconductor Strength Technology stocks also received support from a surge in Intel (NASDAQ:INTC), whose shares jumped 10.6% to an intraday record high. The move followed comments from President Trump on Truth Social indicating that Apple (NASDAQ:AAPL) had agreed to work with Intel on designing and manufacturing chips in the United States. The rally helped propel semiconductor stocks higher, with the Philadelphia Semiconductor Index surging 6.4% to a record closing level. Jobless Claims Edge Lower Economic data released last week showed a modest improvement in the U.S. labour market. According to the Labor Department, initial jobless claims declined by 4,000 to 226,000 in the week ended June 13. Economists had expected claims to come in at 225,000. The figures pointed to continued resilience in employment conditions despite ongoing economic uncertainty. Airlines Benefit as Fuel Costs Fall The drop in crude oil prices also boosted airline stocks, which are highly sensitive to fuel costs. The NYSE Arca Airline Index climbed 3.8%, reflecting expectations of improved profitability if lower energy prices persist. Computer hardware and housing-related shares also posted strong gains, while energy and gold stocks underperformed as investors rotated away from traditional defensive sectors. Apple stock price Intel stock priceThe post Wall Street Set for Higher Open as Progress in U.S.-Iran Talks Boosts Sentiment: Dow Jones, S&P, Nasdaq appeared first on US Editors. Original: Wall Street Set for Higher Open as Progress in U.S.-Iran Talks Boosts Sentiment: Dow Jones, S&P, Nasdaq

Apple to raise prices due to memory chip crunch, says outgoing CEO Tim Cook
Wednesday, June 17, 2026 9:22 pm
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In an exclusive interview with The Wall Street Journal, Apple’s outgoing CEO Tim Cook confirmed that price hikes across Apple’s product lineup are now “unavoidable” due to skyrocketing costs and tightening supply of memory and storage chips.

“We’re doing our best to mitigate the huge increases that are being passed to us, and we’ve been trying to shield our customers from the increases, but the situation has become unsustainable,” Cook told the WSJ.The root cause is explosive demand for DRAM (memory) and NAND (storage) chips from AI data centers. Major cloud providers like Google, Microsoft, Meta, and Amazon have dramatically increased their capital spending, causing prices for these components to quadruple since last year. TechInsights estimates that simply passing on the higher costs while preserving margins could add roughly $270 to the price of the next iPhone 18 Pro model.

Cook highlighted the DRAM market in particular, noting that suppliers are prioritizing high-bandwidth memory for AI servers, leaving less capacity for consumer devices. “There’s less supply at a time when consumers want devices and the memory guys are passing along huge price increases,” he said. He described the situation as a “hundred-year flood” unlike anything he’s seen in over 40 years in the supply chain.

What This Means for Upcoming Products

• Apple’s next major launch is expected in September 2026 with the iPhone 18 series, including a new foldable model.

• Price increases could arrive even sooner for Macs and iPads (Apple already raised the starting price of the Mac Mini recently).

• The company also needs more DRAM to support advanced on-device AI features, including the newly announced Siri upgrades.

Apple spends tens of billions annually on memory and storage and has historically used its buying power to secure favorable pricing. Now, even Apple finds itself waiting in line behind deep-pocketed AI buyers who are locking up supply with multi-year contracts and large prepayments.

Cook said Apple is willing to use its strong balance sheet to help increase supply, but ruled out building its own memory factories. He also suggested that loosening certain national-security restrictions on dealing with Chinese memory suppliers “needs to be on the table.”

Of course, other consumer electronics makers (HP, Dell, Nintendo) have already raised prices or adjusted specs. Analysts from Morgan Stanley warn of potential 15% price increases for smartphones and PCs in the U.S. this year, with consumer-grade memory supply possibly falling 15% short of demand by 2027 even as total production capacity grows.
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MacDailyNews Take: The era of relatively stable pricing from Apple may be ending — at least until memory markets stabilize. As Cook put it, the company has tried to absorb the pain as long as possible, but that strategy has now reached its limit.

https://macdailynews.com/2026/06/17/apple-to-raise-prices-due-to-memory-chip-crunch-says-outgoing-ceo-tim-cook/

Elon Musk’s SpaceX plus Tesla set to eclipse Apple’s market cap
Tuesday, June 16, 2026 9:33 am
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SpaceX stock is surging in early trading, pushing its market capitalization above $2.9 trillion and putting the rocket and AI company neck-and-neck with Microsoft. Combined with Tesla’s roughly $1.3 trillion valuation, Elon Musk’s two flagship companies are closing in on Apple’s $4.3 trillion market cap — a striking milestone for the newly public SpaceX just days after its record-breaking IPO.

This rapid ascent underscores the market’s massive bet on Musk’s intertwined empire of space exploration, electric vehicles, and cutting-edge AI.

Brian Sozzi for Yahoo Finance:

A $2.9 trillion market cap for SpaceX would put it roughly in line with tech heavyweight and nicely profitable Microsoft (MSFT), with a $2.95 trillion market cap, according to Yahoo Finance AlphaSpace data.

What’s more, the combined market cap of Elon Musk’s SpaceX ($2.9 trillion) and Tesla ($1.3 trillion) would be near the $4.3 trillion market cap of Apple, which is also nicely profitable, unlike SpaceX.

To say it has been a sizzling start for SpaceX would be an understatement.

SpaceX officially priced its stock at $135 on June 11, offering 555.6 million shares. The pricing valued SpaceX at $1.78 trillion. SpaceX made its historic public debut on the Nasdaq on June 12, when the stock officially opened for trading around midday at $150 per share.

On a net basis, retail investors have now bought almost as much SpaceX over the past two sessions as they bought across the entire US stock market last week.

MacDailyNews Note: SpaceX (SPCX) just opened at $200.42
+7.92 (+4.11%) with a market cap of $2.52T. Tesla (TSLA) has a market cap of $1.515T. Combined market value: $4.035T. Apple (AAPL) currently has a market cap of $4.325T.

https://macdailynews.com/2026/06/16/elon-musks-spacex-plus-tesla-set-to-eclipse-apples-market-cap/

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Wall Street Set for Rebound as Iran Peace Accord Lifts Sentiment: Dow Jones, S&P, Nasdaq, FuturesJune 18, 2026 9:32 AM
IH Market News U.S. stock futures pointed higher on Thursday, indicating a stronger start for Wall Street after equities sold off sharply following the Federal Reserve’s latest policy decision. Investor sentiment improved after the United States and Iran formally signed a preliminary agreement aimed at ending the conflict in the Middle East, easing concerns over energy supplies and global economic stability. U.S. and Iran Formalize Framework for Peace Talks President Donald Trump and Iranian President Masoud Pezeshkian have signed a memorandum of understanding that establishes a framework for negotiations toward a permanent peace agreement. The accord takes effect immediately and includes the reopening of the Strait of Hormuz by Iran and the removal of the U.S. naval blockade on Iranian ports. Under the 14-point agreement, both countries will begin negotiations over the next 60 days in an effort to secure a lasting settlement. Oil Prices Extend Decline The prospect of renewed energy flows from the region continued to pressure crude prices lower. Oil futures moved closer to levels seen before the conflict erupted in late February, reflecting expectations of improved supply conditions and reduced geopolitical risk. “That has huge significance for inflation and interest rates, as well as business, consumer and investor sentiment,” said Russ Mould, investment director at AJ Bell. “It takes the pressure off industries and households and is hugely positive for global economic growth.” Intel Leads Pre-Market Gains Technology stocks appeared poised to benefit from the improved risk environment, with Intel (NASDAQ:INTC) rising 8.5% in pre-market trading. The advance followed comments from Trump on Truth Social stating that Apple (NASDAQ:AAPL) has agreed to work with Intel on designing and manufacturing chips in the United States. The announcement boosted optimism surrounding domestic semiconductor production and helped support broader sentiment in the sector. Fed Decision Weighs on Previous Session Despite an initial mixed reaction, U.S. stocks ended Wednesday’s session sharply lower after investors assessed the Federal Reserve’s latest policy statement and economic projections. The Nasdaq fell 354.69 points, or 1.3%, to 26,021.66, while the S&P 500 declined 91.25 points, or 1.2%, to 7,420.10. The Dow Jones Industrial Average dropped 507.12 points, or 1%, to 51,492.55. Policymakers Signal Possibility of Higher Rates As expected, the Federal Reserve left its benchmark interest rate unchanged at a range of 3.5% to 3.75%. However, updated projections suggested some policymakers believe rates could be higher by the end of the year. The median forecast now points to rates reaching 3.8% by the end of 2026, marking a notable shift from the rate-cut expectations outlined in March. Inflation Remains a Key Concern In a substantially shorter policy statement, the Fed said economic activity continues to expand at a solid pace despite uncertainty linked in part to developments in the Middle East. Officials also emphasized that inflation remains above the central bank’s long-term target of 2%, citing supply-related pressures that have contributed to higher prices in areas such as energy. Retail Sales Surprise to the Upside Earlier economic data provided evidence of continued consumer resilience. The Commerce Department reported that retail sales increased 0.9% in May, following a revised 0.4% gain in April. Economists had expected a more modest increase of 0.5%, making the latest reading a positive surprise for markets. Software and Transport Stocks Lead Sell-Off Wednesday’s market decline was led by significant weakness in software companies, with the Dow Jones U.S. Software Index falling 3.2% to its lowest closing level in two months. Transportation shares also came under heavy pressure, dragging the Dow Jones Transportation Average down 3%. Retail stocks retreated despite the stronger-than-expected sales figures, while oil services, gold and commercial real estate companies also moved lower. Brokerage firms and semiconductor stocks were among the few areas of relative strength during the session. Intel stock price Apple stock price The post Wall Street Set for Rebound as Iran Peace Accord Lifts Sentiment: Dow Jones, S&P, Nasdaq, Futures appeared first on US Editors. Original: Wall Street Set for Rebound as Iran Peace Accord Lifts Sentiment: Dow Jones, S&P, Nasdaq, Futures

Intel Jumps After Trump Says Apple Will Partner on U.S. Chip Production (INTC)June 18, 2026 6:48 AM
IH Market News Intel Corporation (NASDAQ:INTC) shares surged in premarket trading on Thursday after U.S. President Donald Trump said Apple Inc (NASDAQ:AAPL) had agreed to work with the chipmaker on designing and manufacturing semiconductors in the United States, a move that could bolster efforts to expand domestic chip production. Intel stock climbed more than 8% before the opening bell by 04:40 ET (08:40 GMT) following Trump’s comments. Trump Highlights Domestic Manufacturing Push In a social media post on Wednesday, Trump said that “Apple has agreed to work with Intel to design and build its Chips in America,” although he did not provide further details regarding the scope or timing of the collaboration. The president presented the reported agreement as part of a broader strategy aimed at strengthening the U.S. semiconductor industry and reducing reliance on overseas manufacturing. Trump also pointed to Intel’s partnerships with Nvidia and Elon Musk’s TerraFab venture as examples of progress in rebuilding America’s chipmaking capabilities. Government Stake in Intel Gains Value Trump further noted that the U.S. government’s investment in Intel has increased substantially in value since earlier this year. According to the president, the administration’s 10% holding in the company has risen from approximately $10 billion to $60 billion, reflecting the recent improvement in Intel’s market performance. The comments added to investor optimism surrounding the company’s turnaround efforts and strategic importance to U.S. industrial policy. Apple and Intel Reportedly Deepening Ties The latest remarks follow reports that Apple and Intel had already begun exploring a closer relationship. According to The Wall Street Journal, the two companies reached a preliminary agreement in early May to collaborate on chips for future Apple devices. Neither company has publicly disclosed detailed information regarding the potential partnership. Intel Seeks to Rebuild Foundry Leadership Once regarded as the world’s leading semiconductor manufacturer, Intel has spent recent years attempting to regain ground lost to competitors such as TSMC (NYSE:TSM) and Samsung Electronics Co Ltd (USOTC:SSNHZ). The company’s foundry ambitions have faced significant challenges, particularly during the rapid expansion of artificial intelligence, which accelerated demand for advanced chip manufacturing capabilities. As rivals captured a larger share of next-generation semiconductor production, Intel fell behind in the race to deliver cutting-edge process technologies. Advanced Manufacturing Progress Supports Recovery Efforts Recent reports indicate that Intel has begun producing chips using its latest 18A-P process technology, a key milestone in the company’s strategy to restore its competitive position. The new manufacturing node is expected to play a central role in Intel’s efforts to attract major customers and expand its contract chipmaking business. With support from Washington and potential collaborations with leading technology companies, investors are increasingly focused on whether Intel can successfully re-establish itself as a major force in advanced semiconductor manufacturing. Apple stock price Intel stock price Taiwan Semiconductor stock price Samsung stock price The post Intel Jumps After Trump Says Apple Will Partner on U.S. Chip Production (INTC) appeared first on US Editors. Original: Intel Jumps After Trump Says Apple Will Partner on U.S. Chip Production (INTC)

Wall Street Futures Rebound as Markets Weigh Fed Outlook and U.S.-Iran Peace Agreement: Dow Jones, S&P, NasdaqJune 18, 2026 6:13 AM
IH Market News U.S. stock futures moved higher on Thursday as investors assessed the implications of the Federal Reserve’s latest policy decision and a surprise agreement between the United States and Iran aimed at ending months of conflict. The gains followed a sharp sell-off on Wall Street in the previous session, when rising Treasury yields and a more hawkish tone from the central bank unsettled investors. By early morning trading, Dow futures had advanced 298 points, or 0.6%, while S&P 500 futures gained 0.8% and Nasdaq 100 futures climbed 1.4%. Markets Recover After Fed-Induced Sell-Off Wednesday’s trading session ended firmly in negative territory after the Federal Reserve left interest rates unchanged but signalled a tougher stance on inflation. The Dow Jones Industrial Average lost 507 points, while the S&P 500 and Nasdaq Composite fell 1.2% and 1.3%, respectively. Investors reacted to indications that policymakers remain concerned about inflationary pressures, particularly those linked to higher energy costs. Among individual stocks, SpaceX (NASDAQ:SPCX) fell nearly 5%, pulling back after a powerful rally following its record-breaking market debut last week. Warsh Signals New Direction for the Federal Reserve Federal Reserve Chair Kevin Warsh used his first policy meeting to outline a broader review of the institution’s operations and communications. Warsh announced the creation of five task forces that will examine areas including inflation, employment, communications strategy and data collection. The central bank also released a notably shorter policy statement, reducing its length by more than 300 words compared with the previous meeting. The statement focused heavily on the Fed’s commitment to “deliver price stability,” removing references to maximum employment that had traditionally formed part of the central bank’s dual mandate messaging. Markets interpreted the revised language and updated economic projections as a sign that policymakers remain prepared to tighten monetary policy if inflation remains elevated. The Fed’s latest dot plot showed nine officials expecting at least one interest-rate increase this year, compared with none in the March projections. Stephen Brown, Chief North America Economist at Capital Economics, said the Fed has opened the door to a “hike as soon as September.” Peace Deal Between Washington and Tehran Eases Energy Concerns At the same time, geopolitical developments provided a measure of relief for investors. Media reports indicated that the United States and Iran had signed a memorandum of understanding intended to end hostilities following months of conflict that disrupted global energy markets. The agreement includes provisions aimed at reopening the Strait of Hormuz and restoring Iranian oil exports once U.S. sanctions are lifted. President Donald Trump signed the accord during a dinner at the Palace of Versailles on Wednesday. According to reports, Trump said he wanted to avoid an “economic catastrophe” and prevent comparisons with former President Herbert Hoover, whose administration coincided with the onset of the Great Depression. Iranian President Masoud Pezeshkian reportedly signed the agreement on behalf of Tehran. While negotiations concerning Iran’s nuclear programme remain unresolved, investors welcomed the prospect of lower geopolitical risk and improved energy supplies. Oil Prices Extend Decline Crude prices continued to retreat as traders assessed the possibility of additional oil reaching global markets. Brent crude fell 2% to $77.97 per barrel, while U.S. West Texas Intermediate crude declined 2.1% to $75.15. Although oil has retreated significantly from its wartime highs, analysts cautioned that prices may remain elevated due to lingering uncertainty surrounding the pace of supply normalisation. “Iran expects a swift lifting of U.S. oil sanctions, supporting a return of exports. However, uncertainty remains about how quickly flows can normalize, with ramp-up timelines dependent on operational, logistical and sanction-related adjustments,” analysts at ING said in a note. Apple Signals Potential Price Increases Elsewhere, Apple (NASDAQ:AAPL) was in focus after The Wall Street Journal reported that the company plans to increase prices across parts of its product lineup to offset rising component costs. “Unfortunately, price increases are unavoidable,” CEO Tim Cook told the Journal in an interview. Cook pointed specifically to growing costs associated with memory and storage chips. “We’re doing our best to mitigate the huge increases that are being passed to us […] but the situation has become unsustainable,” he told the Journal. According to the report, Mac computers and iPads are expected to be among the first products affected, although the timing and scope of broader price increases remain unclear. SpaceX stock price Apple stock price The post Wall Street Futures Rebound as Markets Weigh Fed Outlook and U.S.-Iran Peace Agreement: Dow Jones, S&P, Nasdaq appeared first on US Editors. Original: Wall Street Futures Rebound as Markets Weigh Fed Outlook and U.S.-Iran Peace Agreement: Dow Jones, S&P, Nasdaq

Italian Competition Watchdog Launches Investigation Into Apple’s Cloud Service Practices (AAPL)June 16, 2026 5:50 AM
IH Market News Apple Inc. (NASDAQ:AAPL), Apple Distribution International Ltd and Apple Italia Srl are facing an investigation by Italy’s Competition Authority over the interoperability of the company’s iOS and iPadOS operating systems with third-party consumer cloud services. Focus on Digital Markets Act Compliance The regulator is examining whether Apple is meeting obligations under the Digital Markets Act (DMA), which requires designated gatekeepers to provide third-party providers with free and effective access to certain hardware and software functionalities controlled through iOS and iPadOS. According to the authority, the investigation will assess whether competing cloud service providers are able to interact with Apple’s ecosystem on terms comparable to those available to the company’s own services. Concerns Over Equal Access The watchdog said it has identified indications that rival consumer cloud platforms may not be receiving treatment equivalent to that granted to Apple’s iCloud offering. The probe will seek to determine whether any differences in interoperability could affect competition in the cloud services market and potentially disadvantage third-party providers. Investigation Announced Tuesday The opening of the investigation was disclosed in a statement issued by the Italian Competition Authority on Tuesday. The regulator has not yet outlined a timetable for the completion of its review. Apple stock price Original: Italian Competition Watchdog Launches Investigation Into Apple’s Cloud Service Practices (AAPL)