Apple plans to introduce a new "Create a Pass" feature in its Wallet app with the iOS 27 update, allowing users to convert any QR code into a digital pass such as gift cards, tickets, or memberships. This feature will offer customizable templates and is aimed at businesses that provide QR codes but don't support Apple Wallet. The update is expected to be announced at Apple's Worldwide Developers Conference in June and released in the fall. This move aligns with growing mobile wallet usage, as Apple Pay usage in stores has doubled since 2024, driven by convenience and speed, especially among younger consumers.
Norway's Government Pension Fund Global disclosed a 0.05% stake in SpaceX valued at about $1.23 billion as of June 30, 2026. This stake represents roughly 6.59 million shares, with SpaceX's stock trading near its IPO price and a market cap of $1.8 tr...
Apple Inc. reported its best June quarter ever with growth worldwide, but rising memory costs and supply constraints are causing its gross margin to shrink sharply. The company expects margins to fall nearly 3 percentage points in the next six months...
Apple's stock could face a significant correction to around $245 by late December 2026, a 32.2% drop from its July peak near $360, according to technical analysis by TradingShot. This forecast is based on recurring patterns in Apple's weekly chart, i...
Jefferies downgraded Apple from Hold to Underperform with a $263.66 target, citing rising memory costs and the cancellation of an all-glass iPhone. However, Apple just reported its strongest June quarter ever with revenue up 16.4% to $109.42 billion ...
Fidelity Dividend ETF for Rising Rates (FDRR) targets dividend payers linked to 10-year Treasury yields but the rising rate environment ended in late 2025. The ETF's payout is safe, supported by cash-rich mega-cap companies like NVIDIA, Apple, and Mi...
