Apple has filed a lawsuit seeking a preliminary injunction against OpenAI and two former Apple employees, accusing them of stealing trade secrets related to hardware development. OpenAI denies the allegations and revealed that Apple's lawyers mistakenly contacted the wrong former employee, undermining Apple's claims of prior warning. The dispute centers on OpenAI's efforts to develop a consumer AI device, with Apple warning of irreparable harm without court intervention. Both companies are preparing for expedited legal discovery as the case unfolds, highlighting tensions over intellectual property and competition in AI hardware innovation.
On October 22, 2026, 337 out of 497 S&P 500 stocks rose, yet the index closed lower due to heavy losses among major tech companies like Meta Platforms, NVIDIA, Apple, and Alphabet. Meta's earnings miss and costly legal settlements weighed on the inde...
Apple's stock hit a record high on the launch day of its foldable iPhone Duo, briefly making it the world's most valuable company with a market cap of about $5.1 trillion, surpassing Nvidia. Despite strong demand and sold-out preorders, limited suppl...
Apple launched its first foldable iPhone, the $1,999 iPhone Duo, receiving praise for its sleek titanium design, smooth hinge, and reduced screen glare. However, critics highlight its heavy and bulky build, visible screen crease, camera compromises, ...
Apple's stock has risen 28% this year, matching the overall technology sector and outperforming rivals Microsoft and Alphabet. This surge is largely fueled by strong early demand for the new iPhone Duo, which has also boosted Apple's growing services...
Qualcomm is currently undervalued by the market, which still views it mainly as a handset maker despite its growing AI and automotive businesses. The company reported a 61% increase in automotive revenue and expects significant revenue from hyperscal...
