On April 8, 2025, President Donald Trump made 327 stock purchases focused on major tech companies during a market sell-off triggered by his new tariff plan. The next day, he announced a partial rollback of these tariffs, causing the S&P 500 to surge about 9.5%, one of its best single-day gains. Trump's trades highlight his significant personal stake in the market and his influence on market movements. This episode underscores concerns about potential conflicts of interest and market manipulation during his presidency.
Following a volatile election night, Big Tech stocks led a market rebound with Amazon rising 7%, Apple and Microsoft each up 5%. Amazon's strong Q3 results, especially a 39% growth in AWS revenue, helped offset a slight earnings miss and boosted inve...
On Election Day, Nvidia regained its position as the world's most valuable company, surpassing Apple with a market value of $4.99 trillion compared to Apple's $4.84 trillion. This shift is driven by strong AI demand, which has increased memory prices...
Apple reported $89.7 billion in purchase obligations to manufacturing partners for fiscal 2026, a 60% increase from the previous year, with $82.7 billion due within 12 months. This surge is driven by rising memory and storage costs amid supply constr...
Apple achieved a record $114.5 billion revenue in Q3 without investing heavily in AI infrastructure, relying instead on partnerships and on-device AI. Meanwhile, Alphabet spent $51.36 billion on capital expenditures, resulting in negative free cash f...
Apple announced a redesigned Health app powered by its AI, Apple Intelligence, offering personalized health recommendations and insights on sleep, heart health, fitness, and more. The app, available first to developers in the iOS 27.3 beta, will be r...
