The US earnings season heats up this week, with investors turning their attention to the first reports from the so-called “Magnificent 7” tech giants, care of Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB), Microsoft Corp (NASDAQ:MSFT), Tesla Inc (NASDAQ:TSLA), and Apple Inc (NASDAQ:AAPL, XETRA:APC). After the S&P 500 posted its first two-week losing streak since June, all eyes are on the...
Apple recently had some important news about updates to Siri that are coming out soon. Management already said that iPhone sales have been higher than expectations.
Apple Inc. remains a Buy with a raised price target of $285.42, implying 12% upside. AAPL's product innovation lags, relying on incremental updates and AI features to drive upgrade cycles. Tariffs and higher input costs pressure margins, but strong free cash flow and stable net debt underpin valuation.
Apple and Google's app stores are hosting dozens of "nudify" apps that can take people's photos and use AI to generate nude images of them, according to watchdog group Tech Transparency Project. After being contacted by TTP and CNBC last week, an Apple spokesperson on Monday said that the company removed 28 apps identified by the group.
Apple, Meta Platforms, Microsoft and Tesla report earnings this week, after having shelled out billions on AI infrastructure in 2025 to support massive demand. Last year, megacaps upped their spending plans several times to meet unfettered demand, and Wall Street expects another big year of spending from the giants.
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