Tech’s pricey AI buildout: Dwindling cash and soaring memory costs
Almost four years into the artificial intelligence boom, the world’s biggest tech companies are still making grand promises…
Apple drops 9%, Amazon surges 14% after earnings
Amazon shares surged 14% on Friday while Apple dropped 9% as investors reacted starkly differently to their June…
iPhone Prices to Go up as Memory Chip Costs Keep Climbing? Tim Cook Says Apple Is ‘Evaluating All Options’
Apple Inc. (NASDAQ:AAPL) is facing rising memory chip costs that could pressure its business beyond the September quarter,…
SK Hynix, Samsung stocks: AI rally roars back
Omar Marques | Lightrocket | Getty Images South Korea’s chip heavyweights SK Hynix and Samsung Electronics skyrocketed in…
Apple plans to lease iPhones for $17.99 a month through Klarna deal
Apple customers in the U.S. will soon be able to lease an iPhone for up to two years…
Apple ends day as world’s most valuable company, passing Nvidia
Apple passed Nvidia on Monday for the title of world’s most valuable company, with the iPhone maker topping…
CNBC Daily Open: Can he Healey the British economy?
Secretary of State for Defence John Healey arrives in Downing Street to attend the weekly Cabinet meeting in…
Apple (AAPL) Rides Growing Demand for AI-Enabled Smartwatches
Apple Inc (NASDAQ:AAPL) is one of the best stocks to buy for the AI boom in the second…
Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership
Chinese tech company Baidu, best known for its search engine, also operates cloud, mapping and other internet-based services.…
CNBC’s The China Connection newsletter: Betting on Shenzhen over Silicon Valley
The Huaqiangbei electronics market in Shenzhen in south China’s Guangdong province Friday, Aug. 08, 2025. Feature China |…
Apple sues OpenAI alleging trade secret theft
Sam Altman, chief executive officer of OpenAI Inc., left, and Tim Cook, chief executive officer of Apple Inc.,…
iPhone demand splits as US and Europe pick up but China slips, survey finds
iPhone demand splits as US and Europe pick up but China slips, survey finds Proactive uses images sourced…