Apple reported a strong fiscal Q2 with revenue of $111.18 billion, beating estimates, and earnings per share of $2.01. The company forecasted June-quarter revenue growth of 14% to 17%, surpassing analyst expectations of about 9%, and projected gross margins of 47.5% to 48.5%. CEO Tim Cook highlighted record growth across regions and product categories. Apple also raised its dividend by 4% and authorized $100 billion in share buybacks, signaling confidence and a shift away from its previous net cash-neutral strategy. These positive updates drove Apple stock up 3.59% in after-hours trading, nearing its 52-week high.
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...
China's regulator has approved Apple Intelligence, Apple's generative AI service, for launch in China through a partnership integrating Alibaba's Qwen AI model into Apple’s operating systems. This collaboration enables AI features like text and image...
