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Gene Munster, Managing Partner at Deepwater Asset Management, warned Wednesday that OpenAI represents the first serious competitive threat to Apple Inc. (NASDAQ:AAPL) in two decades following the artificial intelligence company’s $6.5 billion acquisition of former Apple design chief Jony Ive‘s hardware startup. What Happened: “The real risk for AAPL is whether the threat of these devices from OpenAI compresses Apple’s multiple,” Munster wrote on X, highlighting concerns about the iPhone maker’s
On Friday, President Trump targeted Apple with new demands that the company make iPhones in the U.S., threatening 25% tariffs if the company doesn’t comply. “Rise and shine Tim Cook,” Trump whisperer Laura Loomer posted on X, reminding the Apple CEO he is at the center of the president’s trade bull’s-eye. Aside from Trump, Cook is facing off against two U.S. judges, European and worldwide regulators, state and federal lawmakers, and even a creator of the iPhone, to say nothing of the cast of rivals outrunning Apple in artificial intelligence.
↘️ Booz Allen (BAH): The company plans to cut roughly 2,500 jobs as it grapples with the effects of the Trump administration’s crackdown on federal contracting. Shares dropped more than 16%. ↘️ Apple (AAPL): President Trump racketed up pressure on Apple, saying iPhones manufactured abroad could face import taxes of at least 25%.
Apple’s CEO called Texas Gov. Greg Abbott after a law passed requiring app stores to verify user ages.
We recently published a list of 10 AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against other best AI stocks on latest news and ratings. Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and […]
President Trump fired new salvos in the global trade war, threatening a 50% tariff on imported goods from the European Union and new duties on iPhones and other smartphones made overseas.
US stocks (^DJI, ^IXIC, ^GSPC) cap off this trading week in negative territory after the recent market rally seemingly stalls and President Trump threatens new tariffs against the European Union (EU). Yahoo Finance markets and data editor Jared Blikre shares his market trend insights, noting the worst trading week since Trump's "Liberation Day" in April, the moves in US Treasury yields (^TYX, ^TNX, ^FVX) To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.
US benchmark equity indexes declined on Friday as President Donald Trump's tariff threats against th
(Bloomberg) -- President Donald Trump dug in on his threat to impose a 50% tariff on the European Union and said a potential 25% charge on smartphones would apply to all foreign-made devices, in the latest escalation of a trade war that is rattling markets and confusing businesses.Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyUAE’s AI University Aims to Become Stanford of the GulfCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborh
(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyUAE’s AI University Aims to Become Stanford of the GulfCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?NYC’s War on Trash Gets a Glam SquadChicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtPresident Donald Trump said that the tariffs he threatened against Apple Inc. earlier Frida
US equity indexes fell this week as the White House's budget bill triggered jitters in the Treasury
President Trump renewed his tariff campaign Friday, threatening to impose a 50% rate on the European Union and warning Apple that foreign-made iPhones could face significant levies. Shares of Apple lost 3%, while broader stock indexes finished the day lower by 0.6% to 1%. The S&P 500 index ended the week down 2.6%; the Dow Jones Industrial Average and the Nasdaq Composite both fell 2.5%.
Apple stock fell Friday after President Donald Trump threatened to put a tariff on Apple iPhones of “at least 25%.”
Apple stock was dropping on Friday after President Donald Trump threatened a 25% tariff on its iPhones sold in the U.S. unless they are made in the U.S.
(Bloomberg) -- The US dollar slumped to its lowest level since 2023 as new tariff threats from President Donald Trump and the risk of a widening fiscal deficit drag on the currency’s appeal.Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyUAE’s AI University Aims to Become Stanford of the GulfCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?NYC’s War on Trash Gets a Glam SquadChicago’s O’Hare Airport Seeks Up to $4.3 Billion of
US benchmark equity indexes closed lower on Friday, as President Donald Trump threatens new tariffs
The president said he would issue a 50% tariff on the EU and a 25% tax on Apple in a pair of Truth Social posts.
Just moving out of China won’t be enough for Apple to satisfy the president’s demands for U.S. production, Ben Rose writes in a guest commentary.
Several Wall Street analysts issued bullish reports on Microsoft stock after the company's Build conference earlier this week.
President Trump says Apple (AAPL), along with other smartphone makers like Samsung (005930.KS), will have to pay a 25% tariff for every iPhone sold in the US that wasn't made domestically. Epistrophy Capital Research chief market strategist and host of "The Drill Down" podcast, Cory Johnson, joins Market Domination to discuss the dynamics that prevent Apple from making iPhones in the US. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
US benchmark equity indexes ended lower Friday as President Donald Trump threatened new tariffs agai
Wall Street is assessing President Trump''s tariff salvo on Apple and what his giant tax bill means for the deficit and the economy.
Joining Microsoft and ServiceNow on the IBD Long-Term Leaders list, Cadence Design Systems taps AI and Nvidia tech to target a breakout.
Tech stocks were in the red late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK)
Market Domination co-host Josh Lipton tracks today's top stories and stocks in this Market Minute. Bitcoin (BTC-USD) pulls back from recent highs above $111,900 amid the market downturn. Nippon Steel's (NPSCY) planned acquisition of US Steel (X) continues to hang in the balance, though the company's talks with the US government are reportedly in the final stage. Meanwhile, Volvo Cars (VOLCAR-B.ST) stock falls after the automaker warned that customers may bear the brunt of looming tariff-related cost hikes. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
Microsoft (MSFT) is looking to change the AI landscape. At the company’s annual Build 2025 conference this week, the company “jumped in with both feet to the vision of an agentic [AI] future,” Deutsche Bank (DB) analysts said in a new research note.
One of Microsoft's latest AI models can accurately predict air quality, hurricanes, typhoons, and other weather-related phenomena, the company claims. In a paper published in the journal Nature and an accompanying blog post this week, Microsoft detailed Aurora, which the tech giant says can forecast atmospheric events with greater precision and speed than traditional meteorological approaches. Aurora, which has been trained on more than a million hours of data from satellites, radar and weather
Apple threatened to extend a losing steak while Nvidia and Tesla declined on the stock market today.
The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision Blizzard. In an order issued Thursday, the FTC said it had determined that “the public interest is best served by dismissing the administrative litigation in this case.” Earlier Thursday, the FTC said it was dismissing a lawsuit against PepsiCo that was filed by the Democratic-controlled FTC in January.
Plenty of cynics focused on the government bonds’ levels and the impact of U.S. fiscal profligacy this week.
Bloomberg estimates that Microsoft spends roughly 47% of its capital expenditures directly on Nvidia’s chips and accounts for nearly 19% of Nvidia’s revenue on an annualized basis.
The guide was created via insights from industry experts, suppliers, and sustainability organisations.
The currency was lower on Friday—including against the euro, Japanese yen and Canadian dollar—after Trump targeted Apple and the European Union in his latest trade broadside. Higher tariffs threaten Europe's already-anemic growth and will encourage the European Central Bank to cut interest rates more aggressively.
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership with Apple for its generative AI offering, Apple Intelligence, the release of GPT-4o with voice capabilities, and the highly-anticipated launch of its text-to-video
(Bloomberg) -- CoreWeave Inc. shares have been on a tear as investors snap up the stock despite widespread concerns about elevated debt levels, the rate of cash-burn and the long-term demand for the cloud-computing services it provides.Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?UAE’s AI University Aims to Become Stanford of the GulfNYC’s War on Trash Gets a Glam SquadChicag
Earnings preview of key companies reporting next week and what to look out for.
Donald Trump is poised to sign an executive order that would create a new nuclear “Manhattan Project” designed to help the US win the global race for artificial intelligence.
President Trump's antitrust cops ended a government effort to unwind Microsoft's $69 billion acquisition of video game maker Activision Blizzard that began during the Biden administration.
The European Union won’t comment on President Trump’s threat to impose a 50% tariff on the bloc before a scheduled phone call between the two sides' top trade officials, an EU spokesperson said. EU Trade Commissioner Maroš Šefčovič is expected to speak with U.
Evercore's Materne Sees Major Upside for Microsoft Amid Cloud and AI Strength
The recent integration of generative AI into the Nexxen Data Platform represents a significant advancement in the field of Cloud AI. NexAI, a new feature within the platform, streamlines and automates campaign strategy development by turning complex consumer data into actionable audience profiles. This innovation enhances speed, efficiency, and accessibility, allowing users to generate insights and strategies quickly without relying on expert analysts. Brands, including LG Ad Solutions, are...
"CoreWeave exists because Nvidia wants it to exist," said an analyst describing how the chipmaker aims to pressure cloud computing giants.
President Trump threatened to impose a 50% tariff on goods from the European Union starting June 1, arguing that trade negotiations with the bloc aren't making progress. "Our discussions with them are going nowhere!" Trump said on his Truth Social platform on Friday. The EU "was formed for the primary purpose of taking advantage of the United States on TRADE," the president said in the post.
Walmart (WMT) says shoppers should brace for higher prices as tariffs kick in later this month. Catalysts host Madison Mills breaks down how President Trump's tariff threats are hitting retailers, automakers like Ford (F), and even Microsoft's (MSFT) Xbox game prices. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
Strategic partnerships with Microsoft, Amazon, and McKinsey QuantumBlack have dramatically strengthened C3.ai's global sales infrastructure. This platform, powered by a proprietary Agentic Plus framework, enables clients to build multiple enterprise-ready AI agents with world-class voice AI capabilities.
Bitcoin (BTC-USD) is surging past $111,000 has some of the ultra-wealthy taking notice. Michael Sonnenfeldt, founder and chairman of TIGER 21, explains how high-net-worth investors are thinking about crypto as a long-term store of value, sometimes even over gold. To watch more expert insights and analysis on the latest market action, check out more Wealth here.
CRM eyes rebound with AI-powered Agentforce and dividends, trading 20% below highs ahead of Q1 FY26 earnings on May 28.
Oil prices fell on Friday morning, as investors eyed the prospect of an increase in supply and US-Iran nuclear deal talks.
The latest investor updates on stocks that are trending on Friday
Whether you’re relocating within the UK or hunting for a holiday home abroad, check out these coastal properties, each with a beach in easy reach.
Market Domination co-host Josh Lipton tracks today's top stories and stocks in this Market Minute. Bitcoin (BTC-USD) continues its rally, soaring past $111,000 as rising bond yields (^TYX, ^TNX, ^FVX) drive investors toward alternative assets. Over-the-counter shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) skyrocket after President Trump signals he's considering taking the firms public. Meanwhile, Novo Nordisk (NVO) offers a one-month discount on its GLP-1 weight loss drug to attract new users. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
Bitcoin hovered near an all-time high again on Thursday thanks to a combination of US debt concerns and looser regulations.
Yahoo Finance host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute, including crypto-related stocks rallying behind bitcoin's climb to a new record-high above $111,000, solar stocks continue to sink as President Trump's budget bill could phase out clean energy tax credits, and IonQ (IONQ) surges after CEO Niccolo de Masi stated his mission to become the Nvidia (NVDA) of quantum computing. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
Bitcoin price topped its all-time high and sailed past $111,000 overnight, fueled by favorable macro conditions, regulatory developments and institutional demand for digital assets. Bitcoin is up 3.6% over the last 24 hours to last trade at $111,362, according to CoinDesk data. Given the current context surrounding Bitcoin, the price could reach as high as $130,000 by the end of this year, Arthur Azizov at B2 Ventures said Thursday.
House lawmakers passed President Trump's "big, beautiful" tax and spending bill, now heading to the Senate. US stock futures (ES=F, NQ=F, YM=F) are under pressure in Thursday's pre-market trading, while Treasury bond yields (^TYX, ^TNX, ^FVX) remain elevated. Bitcoin (BTC-USD) continues to rally this week and hits a new record high, striking far above $111,000 overnight. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
The price of bitcoin rose to a fresh peak near $112,000, extending a recent rally. The digital token rose as high as $111,875 in overnight trading, according to the CoinDesk Bitcoin Price Index. It recently stood a little lower, at about $110,500.
Find out the latest mortgage rates and deals from HSBC, NatWest, Santander, Barclays and more.
Oil prices fell on Thursday, on the prospect of an increase in supply from major oil producing countries, amid lingering concerns about demand.
The latest investor updates on stocks that are trending on Thursday.
The House of Representatives passed Trump's 'big, beautiful bill' by a single vote.
The European Union’s top economic official, Valdis Dombrovskis, is due to meet U.S. Treasury Secretary Scott Bessent on Thursday, at a gathering of economic policymakers in Canada. Dombrovskis said he would raise "trade points and the importance of making progress in EU-U.
(Bloomberg) -- In a week that saw an epic rally in US stocks and recession calls cast aside, currency traders are just as bearish as ever on the American dollar. Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’How a Highway Became San Francisco’s Newest ParkMaryland’s Credit Rating Gets Downgraded as Governor Blames Trump NJ Transit Train Engineers Strike, Disrupting Travel to NYCPower-Hungry Data Centers Are Warming Homes in the NordicsStrategists at JPMo
President Trump said the U.S. has “all the cards” in its trade discussions with the European Union. “The European Union is in many ways nastier than China. We've just started with them. We have all the cards.
The European Union is set to publish a list on Thursday of more than $100 billion worth of American products it could hit with tariffs if trade negotiations with the U.S. break down, people familiar with the matter said. The list was prepared by the European Commission, the bloc’s executive body, which is responsible for EU trade policy. The EU previously approved a separate list of 21 billion euros worth of U.S. imports that it had planned to hit with tariffs, including boats, soybeans, peanut butter and beef.
American advance GDP for the first quarter surprised at negative 0.3%.
European manufacturers probably got a fillip from trade tensions, new data indicates. Eurozone manufacturing activity rose to a more than two-year high this month, according to an early reading from an S&P Global purchasing managers index.
Italy’s economy is set to grow more slowly in 2025-26 given US tariffs and delays in recovery-plan investments. Still, reforms and continuing EU-fund deployment should support medium-term growth after 2026.
Three scenarios for the sovereign credit outlook have emerged from the uncertainty over US trade policy – “tariff-light”, trade war, or a wider economic and financial crisis including introduction of capital controls.
The European Central Bank cut interest rates by a quarter point to offset the blow from tariffs, drawing attention from President Trump, who urged the Federal Reserve to follow suit. The euro weakened further against the dollar after the announcement.
After quite an active week of British data, the pound has generally held its strength or gained in various pairs.
The dollar is under pressure as President Trump's tariff strategy erodes global investors' confidence in American assets. China's decision to raise tariffs on U.S. goods to 125% on Friday sparked a new wave of selling. "The question of a potential dollar confidence crisis has now been definitively answered—we are experiencing one in full force," wrote ING's Francesco Pesole.
The partial suspension of U.S. tariffs “remains fragile,” and the European Union must continue to prepare counter-measures to defend itself, French President Emmanuel Macron said Friday. While the pause opens a door for talks, Macron said in a post on X, it also continues “uncertainty for businesses on both sides of the Atlantic” and leaves intact the 25% tariffs on steel and cars, and 10% tariffs on other goods.
The European Union will suspend its first wave of retaliatory duties against the U.S. for 90 days to focus on negotiations, after the Trump administration paused some global tariffs, a top EU official said.
The balance of risks for the global credit outlook remains negative. The United States government’s wide-ranging new import tariffs have exacerbated global economic and financial vulnerabilities.
European Commission President Ursula von der Leyen said she welcomes President Trump’s decision to pause some tariffs, calling it an important step toward stabilizing the global economy. The move came after European Union member states approved a plan on Wednesday to retaliate against U.S. steel and aluminum tariffs with duties on about 21 billion euros worth of American products, equivalent to about $23 billion. “Clear, predictable conditions are essential for trade and supply chains to function,” von der Leyen said early Thursday.
The European Union is moving ahead with imposing tariffs on a wide range of American products—including chewing gum, motorcycles and peanut butter—in retaliation for U.S. steel and aluminum duties. The tariffs target about 21 billion euros, or roughly $23 billion, of U.
The European Union’s executive arm is scrambling to assemble a package that will respond to President Trump’s 20% across-the-board tariffs and automotive duties. The European Commission could present EU member states with a plan as soon as next week, a spokesman said. States will vote Wednesday on a first phase of retaliation, in response to earlier U.S. metals tariffs, that involves duties on U.S. goods including boats, peanut butter and motorcycles.