Jim Cramer warned that rising interest rates, high oil prices, and a surge of AI-related stock offerings, including the upcoming SpaceX IPO, could continue to pressure the stock market. He noted that investors might struggle to push markets higher as they sell existing holdings to fund new deals. Key earnings reports from companies like Apple, Campbell's, and Adobe this week will also influence market direction. Cramer hopes the market can regain momentum once investors finish raising cash for major IPOs.
Apple reached a new all-time high of $315.20, driven by a strong Q2 FY26 earnings report showing 16.6% revenue growth and record iPhone and Services sales. The company raised dividends and authorized a $100 billion buyback, supporting further gains. ...
Apple will reveal a significant AI strategy at its WWDC event on June 8, focusing on an upgraded Siri and deeper AI integration across iOS and macOS. The company plans to use Google's Gemini AI models, paying about $1 billion annually for access, and...
Apple and Alphabet are currently best positioned in the AI industry, generating strong positive free cash flow despite increased capital expenditures across the sector. In contrast, companies like Microsoft, Amazon, Meta, and Oracle are experiencing ...
At Apple's upcoming WWDC, the company plans to unveil a major overhaul of Siri, its voice assistant, as a key part of CEO Tim Cook's final developer conference before John Ternus takes over. The new Siri is expected to feature chatbot capabilities, m...
At Apple's Worldwide Developers Conference, AI will be the main focus as the company aims to revamp Siri and position the iPhone as the key device for AI interactions. Apple plans to leverage its massive user base and a new partnership with Alphabet'...
