Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Honor announced partnership with Google to integrate AI features in upcoming devices, following Samsung's move. Apple may use OpenAI to upgrade Siri.
Amazon will reportedly launch a more conversational version of Alexa later this year, potentially positioning it to better compete with Google and OpenAI.
General Motors Co. (NYSE: GM) faced a significant setback as the U.S. Court of Appeals for the Federal Circuit overturned a prior ruling in its favor against LKQ Corp. (NASDAQ: LKQ) over fender design patents. This decision marks a major shift in design-patent law, discarding a long-standing test for determining patent validity and remanding the case to the U.S. Patent Office for further review.
Nvidia's earnings report is seen by the Street as the litmus test of how the AI revolution is shaping up and an analyst says it is getting entrenched.
After breaking her stock trading sabbatical in early May, Georgia's GOP representative Marjorie Taylor Greene has been brisk with her transactions.
Apple has been identified as a major player in the artificial intelligence market by renowned investor Steve Eisman of "The Big Short" fame. He believes that Apple's AI strategy will lead to substantial gains, potentially eclipsing those of chip giant Nvidia.
Lawyers representing Apple have sent a letter to the judge overseeing the case in New Jersey, outlining the arguments they will present in the formal motion to dismiss the lawsuit next month.
Apple Inc (AAPL) is fighting a $1.95 billion fine from the EU for antitrust violations against Spotify (SPOT). The company has filed an appeal with the General Court in Luxembourg.
To gain an edge, this is what you need to know today.
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Baidu Inc is expanding beyond its traditional search business by forming connections with US tech giants Apple and Tesla, focusing on AI and autonomous driving technologies.
Apple's potential partnership with OpenAI is going to be the "renaissance of growth" for the Tim Cook-led company, according to Wedbush's Dan Ives.
Microsoft CEO Satya Nadella has unveiled AI-powered Copilot+ PCs with Qualcomm chips, designed to rival Apple's MacBooks by offering superior processing and longer battery life.
In Q1 of 2024, institutional investors showed a shift towards tech stocks, particularly Oracle, Global Payments, and Micron. This reflects growing confidence in these emerging leaders over traditional giants like Nvidia and Apple.
LG reportedly pauses its XR partnership with Meta, originally set to rival Apple's Vision Pro. LG denies ending the deal, targets a 2027 release.
Microsoft Corp. (NASDAQ: MSFT) is set to unveil new Surface Pro and Surface Laptop models featuring Qualcomm Inc (NASDAQ: QCOM) Snapdragon X Elite chips with advanced AI capabilities. This significant shift from Intel processors highlights Microsoft's commitment to AI-driven consumer devices. The announcement precedes the annual developer conference, aiming to strengthen Microsoft's position in the competitive AI tools market, especially against rivals like Apple and Google.
To gain an edge, this is what you need to know today.
Apple plans to introduce the iPhone 16 at their September event, promising to redefine mobile technology. The iPhone 16 Pro Max will feature an improved battery with higher energy density, offering longer battery life.
ByteDance's AI chatbot, Doubao, has overtaken Baidu's Ernie Bot in both downloads and active users on iOS in China since its August launch. Doubao achieved nearly 9 million downloads and over 4 million monthly active users, while Ernie Bot garnered 8 million downloads.
Chinese chipmakers make headway in producing high bandwidth memory semiconductors, Zuckerberg celebrates 40th birthday on superyacht, Google may revive Google Glass, and Musk expresses skepticism about OpenAI's AI model development.
Disneyland cast members voted to unionize with the Actors' Equity Association, addressing issues such as safety and fair wages. This echoes a trend of organizing in the entertainment industry and large companies.
Apple has offered a rare discount on iPhones for the second time this year in China amid growing competition from Huawei.
Apple's iPhone 16 Pro Max is expected to feature a battery with increased energy density and a stainless steel housing, says new report.
Apple Inc. is developing an upgraded AirTag with enhanced features for launch in 2025, amidst ongoing concerns about the device's misuse for stalking.
Analyst Ming-Chi Kuo predicts that Apple will introduce a new 'Rose Titanium' color option for the iPhone 16 Pro models, replacing the current 'Blue Titanium'.
Elon Musk has praised Apple's headphones as great, distinguishing them from other Apple products like the iPhone and Vision Pro.
Apple, which has lagged behind its rivals in the AI race, now has only one recourse to stay relevant, according to Bloomberg's Mark Gurman.
Apple made headlines with innovative accessibility features, labor strikes, and potential partnerships. Stay updated with a quick roundup of top stories.
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. The Dow Jones Industrial Average made history on Friday by closing above the significant 40,000 mark for the first time, following a breakthrough in the previous trading session.
The company behind the MEME ETF shares what it would take to bring the meme stock fund back to the market.
Apple is reportedly planning to release a thinner and potentially more expensive iPhone 17 in 2025 according to The Information.
To gain an edge, this is what you need to know today.
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Iger expressed his dissatisfaction with the current revenue-sharing model at the MoffettNathanson-hosted conference. He pointed out that Disney is losing a significant portion of its earnings to the Big Tech app stores that distribute its streaming services, such as Disney+ and Hulu.
Apple has introduced innovative accessibility features for iPhones and iPads, including eye tracking, to enhance usability for users with physical disabilities, set to debut in iOS and iPadOS 18 later this year.
Piper Sandler analyst attended Virtual Iceberg Summit with tech giants. Snowflake seen as having potential drag on growth, but threat may be overstated.
Director Francis Ford Coppola shot to international stardom in the 1970s with "The Godfather" and "Apocalypse Now." His self-financed film "Megalopolis" premieres at Cannes and faces distribution challenges.
To gain an edge, this is what you need to know today.
