Lawyers for Google and “Fortnite” maker Epic Games are set to square off before a U.S. appeals court in California as Google tries to undo a jury verdict and a judge’s order forcing it to revamp its app store.
Apple shares rose 2% after a rosy forecast fueled hopes of an iPhone sales rebound, even as tough competition and a lack of AI features weigh on demand in key market China.
A development in the field of AI that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares.
Apple has asked to participate in Google’s upcoming U.S. antitrust trial over online search, saying it cannot rely on Google to defend revenue-sharing agreements that send the iPhone maker billions of dollars each year.
Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements.
The S&P 500 and the Nasdaq climbed while the Dow was flat on Monday, as investors looked ahead to an anticipated Federal Reserve interest rate cut later in the week.
Shares of Alphabet rose about 5% after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum computing.
The S&P 500 and the Dow touched over one-week highs after data showed a still robust economy, while small-cap stocks outperformed large-cap indexes.
Apple will ask a federal judge to dismiss the case accusing the iPhone maker of unlawfully dominating the smartphone market, in the latest Big Tech antitrust showdown.
November 14, 2024 – 7:25 AM PST (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) has taken steps to put Alphabet’s…