Apple reported its best-ever March quarter with $111.18 billion in revenue, a 16.6% year-over-year increase, and earnings per share of $2.01, beating expectations on both revenue and profit. The company upgraded its stock rating to bullish, citing strong operational cash flow, a $100 billion share buyback program, and a renewed focus on research and development, especially in artificial intelligence. Apple also provided a confident revenue growth forecast of 14%-17% for Q3, signaling management's optimism despite margin pressures. Leadership changes include Tim Cook stepping down as CEO to become executive chairman, with John Ternus taking over as CEO to lead Apple into an AI-driven era, with key growth catalysts expected from a Siri overhaul and new product cycles.
In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...
OpenAI has introduced the Codex Micro, a $230 light-up keyboard designed to enhance user control over its AI coding assistant, Codex. The device features customizable keys, a joystick, and a dial to adjust AI agent reasoning, aiming to serve as a com...
Apple has released detailed advertising policies for its upcoming Maps ads, set to launch in the U.S. and Canada this summer. Unlike Google, Apple excludes broad categories like home services (plumbing, locksmiths, HVAC) from advertising, aiming for ...
Larry Page's fortune surpassed $300 billion following a 3.9% rise in Alphabet shares, boosted by Warren Buffett's acknowledgment of Berkshire Hathaway's significant investment in the company. Berkshire Hathaway initially invested $4.3 billion in Alph...
The State Street SPDR Portfolio S&P 500 ETF (SPYM) has been selected as the default investment for the new Trump Accounts program, which provides eligible newborns with a $1,000 Treasury contribution invested in this fund. SPYM tracks the S&P 500 ind...
