Apple briefly overtakes Nvidia as world's most valuable company amid AI investment doubts
Apple briefly overtook Nvidia as the world's most valuable company Friday before the AI chip giant reclaimed its $4.92 trillion market cap by closing bell.
Apple ousts Nvidia as most valuable company
Stuart Varney and David Bahnsen analyze the ongoing tech sell-off, noting Apple's rise as the most valuable company. Bahnsen shares Merck & Co. (MRK) as a dividend pick, citing its FDA approval for an oral cholesterol drug.
This is a way for Americans to fight Google, Amazon: Dagen McDowell
Dagen McDowell explains how local opposition to data centers is rooted in public backlash against big tech companies like Google and Amazon, who are perceived as getting rich off user data.
Meta expands Louisiana data center in $50B AI push, boosting rural community
Meta said the $50 billion expansion will make its Richland Parish site one of the largest data centers in history while bringing jobs and new funding to the rural community.
Mike Murphy warns investors of chip stocks: 'Be very careful'
Mike Murphy, founder and managing partner of Rosecliff, discusses the tech stock dip advising caution for chipmakers due to huge run-ups and highlights Amazon for long-term growth due to its AI business.
Wall Street analyst predicts AI to drive largest infrastructure build-out in history
Wall Street analyst Mike Lee explains how artificial intelligence is driving the market's strong earnings story, with estimates for Q1 climbing significantly. He predicts AI infrastructure will become the largest build-out in history.
People will get exposure to SpaceX one way or another: Horizon Investments CIO
Horizon Investments CIO Scott Ladner discusses the future of SpaceX in the market on 'The Claman Countdown.'
Microsoft cuts 4,800 positions, insists jobs 'not being replaced by AI'
Microsoft is eliminating roughly 4,800 jobs while investing heavily in AI, with executives saying artificial intelligence is changing work but not replacing affected employees.
Tesla deliveries beat forecasts as Europe's rebound brightens outlook
The EV maker delivered a record 480,126 vehicles in the second quarter, topping Wall Street forecasts as a rebound in Europe fueled hopes Tesla can return to annual growth.
Glen Smith: Market broadening beyond Magnificent 7, advises buying on dips
Glen Smith, GDS Wealth Management CIO, notes the market is broadening beyond tech giants. He suggests dollar-cost averaging into positions amidst current volatility, seeing opportunities in other sectors like healthcare and financials.
Apple raises iPad and MacBook prices as memory chip costs surge
Apple raised prices on iPad, MacBook Air, MacBook Pro, HomePod, and Apple TV as memory and storage chip costs surge amid AI industry growth.
Lesley Marks: Time to trim Magnificent Seven stock positions
Lesley Marks, Mackenzie Investments CIO of Equities, discusses the weakening momentum of some Magnificent Seven stocks. She notes that increased capital expenditures are impacting free cash flow, leading to equity issuance instead of buybacks.
Musk's SpaceX surges past Amazon in market cap after historic IPO debut
SpaceX soared past Amazon's $2.66 trillion market capitalization on Tuesday as its momentum continued in the wake of its record-setting IPO on the Nasdaq last week.