Apple Scraps Electric Car Project
Apple Inc. is scrapping an ambitious, decade-long effort to develop an electric car with self-driving capabilities, according to reports on Tuesday. Project Titan Shutdown The project, known as Project Titan,…
Tech Stock Futures Drop Following Apple’s Decline
U.S. Stock Futures Decline as Apple Leads Big Tech Lower Stock-index futures in the United States saw a downturn early Tuesday, driven by a drop in Apple shares following reports…
Meta Platforms Inc. Readies for Showdown with Apple in Mixed-Reality Space
Facebook parent Meta Platforms Inc. (NASDAQ: META) is transforming its business and gearing up for a battle against Apple Inc. in the emerging mixed-reality space. The social-networking giant, known for…
Microsoft Nears Reclaiming Title of Most Valuable U.S. Company
Microsoft Corp. is on the verge of surpassing Apple Inc. to become the most valuable company in the United States once again. Currently valued at $2.73 trillion, Microsoft is just…
Stock Futures Point Higher after Fed Comments
Stock futures are indicating a modest increase on Thursday, following a market downturn prompted by Federal Reserve Chairman Jerome Powell's statement that an interest-rate cut in March is unlikely. Earnings…
Apple Sees Strong Demand for iPhone 15 Models, Including Lower-End Options
Apple's iPhone 15 lineup is generating significant customer interest, extending beyond the higher-end Pro models, according to J.P. Morgan analyst Samik Chatterjee. Preorders for the iPhone 15 have already begun,…
Apple Faces Emerging Threat in China
Analyst Wamsi Mohan from BofA Securities has raised concerns about Huawei's potential impact on Apple's presence in the Chinese market. While Apple has enjoyed smartphone market share growth in China…
Apple Set to Report Earnings Amidst Stock Rally
Wall Street analysts are eagerly awaiting Apple's earnings report this week as the tech giant's stock continues to soar with a 50% rally in 2023. As a result, analysts are…
The Apple Dilemma: Justifying a $3 Trillion Valuation
As the stock market continues to soar, one question looms large: how can we justify Apple's staggering $3 trillion valuation? It's no secret that the tech giant relies heavily on…