UBS maintains a Neutral rating and $280 price target on Apple shares despite noting a slowdown in App Store growth to 7% in the March quarter, down from 14% previously. The U.S. App Store showed flat growth, raising concerns about momentum in Apple's Services segment, which includes Apple Music, iCloud, and Apple Pay. However, UBS expects overall Services growth to remain steady at about 14.4%, suggesting other service areas are compensating. Long-term investors should consider Apple's large installed base of 2.5 billion active devices and record Services revenue of $30 billion as signs of ongoing strength, while watching for more details in upcoming earnings calls.
In 2026, Alphabet has delivered outstanding returns over one, three, and five years, contrasting with struggles faced by other hyperscalers. The semiconductor sector remains highly cyclical, impacting both business performance and stock prices. A com...
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...
