Walmart has maintained its stance on avoiding NFC-based payments, such as Apple Pay and Google Pay. Other major retailers have increasingly accepted the tech as the norm.
Alphabet's advertising business provides it with plenty of money to invest in Google Cloud. Amazon has a 40% market share in e-commerce in the U.S. Buffett has trimmed Berkshire Hathaway's stake in Apple, but it still makes up 21% of the conglomerate's portfolio.
Apple CEO Tim Cook met U.S. House members on Wednesday to push back against federal legislation that could require the iPhone maker to authenticate users' ages and possibly collect sensitive data on children, lobbying instead to put the onus on parents to decide whether to tell app stores about a child's age.
Microsoft, Meta, Google and Apple were among the 13 companies that received a warning from a bipartisan group of state attorneys general, according to a letter from the state leaders, who said their chatbots' "delusional outputs" could be violating state laws.
Like many stocks in 2025, Magnificent Seven constituent Apple NASDAQ: AAPL has experienced a volatile year. Shares were down as much as 31% in April, driven by Liberation Day tariff fears.
Apple maintains strong revenue and margin growth but faces potential valuation pressure from generative AI-driven competition. AAPL's cautious AI strategy avoids hyperscaler CapEx burdens, yet risks losing ecosystem dominance as rivals like GOOGL advance with Gemini 3. Management guides for 10–12% revenue growth and 47–48% gross margins, with bullish expectations for Apple Intelligence supporti...
Major U.S. tech stocks are quiet as traders wait for Jerome Powell's comments after the FOMC decision. Google, Apple, and Amazon all remain in broader uptrends, with pullback viewed as a potential buying opportunity near key support levels.
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