Phillip Capital downgraded Apple to "reduce" on Monday, warning that surging memory chip prices will erode margins even as iPhone and MacBook demand holds up. Analyst Helena Wang maintained a $290 price target, implying a 4.4% decline from Monday's close.
A cyberattack on Apple supplier Tata Electronics has given Beijing a propaganda opening to cast doubt on India's manufacturing reliability, even as technicians in China's Huaqiangbei market admit they cannot replicate the iPhone 18 Pro from the leaked data.
Apple has filed a new legal challenge against a U.K. government demand to access encrypted data held by British customers, escalating a dispute that previously drew intervention from senior U.S. officials including President Trump and Vice President Vance.
Palantir posted second-quarter revenue of $1.94 billion, up 93% year-over-year, with U.S. commercial revenue surging 149% to $764 million, prompting the AI software company to raise its full-year guidance and sending its stock up 12%.
Archewell Philanthropies, the charitable organization of Prince Harry and Meghan, is urging Congress to act on AI deepfake legislation and accusing Big Tech of retaliating against child safety measures.
Amazon shares climbed 5% on Monday, pushing the company's market value above $3 trillion for the first time, as continued AI-driven cloud demand sustained a post-earnings rally into a third consecutive session.
The ExfilSquad data extortion group has claimed responsibility for a breach of the U.K.'s Police National Legal Database, alleging it stole 135,000 contact records belonging to police officers, staff, and criminal justice professionals.
Phillip Capital downgraded Apple to "reduce" on Monday, warning that surging memory chip prices will erode margins even as iPhone and MacBook demand holds up. Analyst Helena Wang maintained a $290 price target, implying a 4.4% decline from Monday's close.
Amazon shares climbed 5% on Monday, pushing the company's market value above $3 trillion for the first time, as continued AI-driven cloud demand sustained a post-earnings rally into a third consecutive session.
SpaceX reports its first quarterly earnings as a public company on Tuesday with shares down more than 50% from their post-IPO high, amid short-seller gains of roughly $8.3 billion and looming lock-up expirations that could release a flood of new shares.
Palantir posted second-quarter revenue of $1.94 billion, up 93% year-over-year, with U.S. commercial revenue surging 149% to $764 million, prompting the AI software company to raise its full-year guidance and sending its stock up 12%.
Archewell Philanthropies, the charitable organization of Prince Harry and Meghan, is urging Congress to act on AI deepfake legislation and accusing Big Tech of retaliating against child safety measures.
June, a startup founded by former Salesforce executives, exited stealth Monday with $20 million in pre-seed funding led by Marc Benioff's Time Ventures to help large enterprises automate the complex process of deploying AI tools within existing corporate systems.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.