Apple (AAPL) and Amazon (AMZN) say their AI wearables don't store audio. Could wearing one break wiretap laws?
In some states, the legal risk may fall on the person wearing the device. A law professor says New Hampshire's law could cover the Apple Watch's new features.
Meta (META) releases Muse Spark Open, the top US open-weight AI model. Seven Chinese models still rank higher.
Meta says the model runs on two Mac Studios. One ranking still puts seven Chinese models ahead.
OpenAI lawsuit tracker: eight states sue over ChatGPT child safety and AI testing
OpenAI faces lawsuits from nine states, from families who blame ChatGPT for deaths and injuries, from news publishers and authors, and from Elon Musk. This tracker follows each case.
GlobalFoundries (GFS) to run New York chip plants under a Japan-funded deal worth up to $21 billion
Japan supplies the money, GlobalFoundries runs the plants, and the U.S. government takes about 4% of the company. Apple and Renesas are among the first customers.
Apple (AAPL) unveils $299 HomeView hub with Siri AI, but won't sell it in the EU
Apple's new HomeView hub, Apple TV 4K, and HomePod mini 2 are built around Siri AI. HomeView won't be sold in the EU, and HomePod mini 2 gets Siri AI later.
The S&P 500's five biggest stocks now equal the bottom 434. In 2018 it was 282.
Michael Batnick's count has gone from 282 to 350 to 434 since 2018. We ran it ourselves and got 431.
TSMC (TSM) posted a record quarter. Whether it beat its own forecast depends on the exchange rate.
Sales rose 18% in one quarter and topped the analyst consensus. Full results land October 15.
Microsoft's (MSFT) Nvidia-powered Surface Laptop Ultra starts at $2,599 and ships October 16
Microsoft is offering up to $1,000 back to MacBook Pro owners who switch. Before the event, analysts said price was the biggest question.
Foxconn (HNHPF) posts record $36.5 billion September sales as AI demand lifts quarterly revenue 47%
Third-quarter sales beat estimates. Hon Hai's fourth-quarter outlook is worded differently from its last one.
The memory shortage is making electronics more expensive. AI users aren't the only ones paying.
Nvidia's seven-year-old streaming box just got $100 more expensive. The memory makers behind the price hikes are earning record profits, and their stocks still trade at low multiples.
Apple (AAPL) could keep selling iPhones and still lose services revenue to Meta's AI agent, analysts warn
Apple could keep every iPhone sale and still lose the money that comes after. Needham and Bank of America both point to Meta's AI agent.
Nvidia (NVDA) adds $150 billion to its buyback in what the company calls the largest increase in history
Nvidia added $150 billion to its buyback, a record increase by the company's count, and expects to use the authorization through fiscal 2028. Apple's $110 billion authorization in 2024 was the US record at the time.
Apple (AAPL) hit with record $5.72 billion patent verdict over iPhone vibrations, plans appeal
A federal jury found that Apple's Taptic Engine infringed two Taction Technology patents and awarded $5.72 billion, which Reuters called the largest U.S. patent verdict to date. Apple plans to appeal.
China's CXMT says its fifth-generation DRAM is in mass production and 'on par' with the industry's best
China's largest DRAM maker says its fifth-generation platform is in mass production, three weeks after its half-year report listed it as still in customer qualification. Two 24-gigabit LPDDR5X chips built on it are already in volume production.
Apple (AAPL) says its stolen schematic helped an AI agent at OpenAI cut a day of engineering to two hours
Apple filed new evidence Monday alleging a former engineer used a confidential Apple circuit schematic at OpenAI, and that messages show his AI agent learned to run the simulations. OpenAI has moved to dismiss and denies holding any Apple trade secrets.
China's top DRAM maker ChangXin (CXMT) lost money a year ago. It just earned $10.8 billion in six months
China's largest DRAM maker reported 150.31 billion yuan ($22.4 billion) in first-half revenue, up 873.6%, with profit 36% above its own IPO forecast.
Warren Buffett's Berkshire nearly doubled its Alphabet (GOOGL) stake, now bigger than Coca-Cola
Berkshire added 48.1 million Alphabet shares in the June quarter and increased its Class C holding by 658 percent. The stake passed Coca-Cola to rank third.
ECB researchers say an AI stock market correction is likely, even if AI delivers. European households hold €440 billion of US tech stock.
Five European Central Bank researchers wrote on Aug. 17 that "a correction of current stock market valuations is likely," even if the technology succeeds. European households hold around €440 billion of US tech stock, and the authors say there is less room to cut rates against a crash than in 2000.
You can trade single-stock options premarket starting August 17 at 7:30 a.m. ET. The first session includes Nvidia (NVDA), Tesla (TSLA), Apple (AAPL) and 18 more.
Cboe Options Exchange begins trading single-stock options at 7:30 a.m. ET on Monday, Aug. 17, two hours before the regular open. Limit orders only, no market or stop orders, and trades in the new sessions do not count toward the day's high and low.
Musk says memory demand grows 200% a year against 20% supply. The new Micron (MU) and SK Hynix (SKHY) plants open in 2027 and 2028
Elon Musk did the memory math out loud on SpaceX's call: supply up 20% a year, demand up 200%. Microsoft put $25 billion of its capex on memory and Amazon named it too. The plants that would fix it open in 2027 and 2028.
Korean media says Apple (AAPL) asked CXMT for cheaper memory. CXMT quoted more than Samsung and SK Hynix (SKHY)
Digital Daily reported on August 5 that Apple asked China's CXMT to lower its price on LPDDR5X mobile memory and was refused. CXMT quoted the same as Samsung Electronics and SK Hynix, or higher, and the floor under ordinary memory prices held.
I run an Inverse Cramer tracker. Jim Cramer just went 6 for 8, led by Astera Labs' 30% rally.
I built a page to track how wrong Jim Cramer is, and I like the guy anyway. Six of his last eight tech calls beat the Nasdaq, and the one that didn't is the one holding my whole tracker up.
Kioxia is the memory chip maker that passed Toyota as Japan's most valuable company, then fell 66%. Here's who owns it
Kioxia is the former Toshiba Memory, and it makes NAND flash and nothing else. Toshiba still holds 15.10% and keeps selling, an SK Hynix (SKHY) vehicle holds 14%, and Sandisk (SNDK) co-owns the factories. What the company makes, who owns it, and how a US investor can reach it.
Michael Burry posted three charts making the AI bear case. Two of them show the selling already happened.
Burry shared three Bloomberg charts on the AI trade. One maps the circular deals around Nvidia (NVDA). The other two show big tech forward multiples back at or below their 10-year averages, with Apple (AAPL) the lone expensive name and the only megacap missing from the circular map.