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15 best ChatGPT AI stocks to consider, as selected by Bank of America

February 28, 2023 9:31 AM EST

If you've spent any time online in 2023, you may have heard about ChatGPT, an artificial intelligence (AI) chatbot developed by OpenAI and launched in November 2022. Backed by Microsoft (NASDAQ: MSFT), OpenAIs ChatGPT allows users to "converse" with it in a simple way.

ChatGPT is democratizing AI and has prompted Big Tech to engage in an AI arms race to develop similar chatbots and ultimately incorporate them into their search engines. Internet search giant Baidu is expected to unveil its ChatGPT rival in mid-March, according to fresh reports from China.

In the... More

Apple's (AAPL) Qualcomm (QCOM) orders to decline 'significantly' - Kuo

February 27, 2023 11:21 AM EST

(Updated - February 27, 2023 11:22 AM EST)

Apple (NASDAQ: AAPL) has restarted the iPhone SE 4 and will adopt an in-house 5G baseband chip. The significant decline in Qualcomm's (NASDAQ: QCOM) Apple orders in the foreseeable future is a... More

Consumers increasingly choosing Apple's (AAPL) iPhone over Android smartphones - WSJ

February 27, 2023 11:06 AM EST

The Wall Street Journal said Monday that consumers globally are increasingly selecting Apple (NASDAQ: AAPL) iPhones over Android smartphones, with younger users increasingly seeing the iPhone as a must-have item.

The rise in demand for Apple's smartphones is seen as pushing the company toward the level of... More

Reuters: Apple pays fine to Russian authorities over alleged app market abuse

February 27, 2023 10:14 AM EST

By Scott Kanowsky


Investing.com -- Apple Inc (NASDAQ: AAPL) has paid a fine worth 906 million rubles (1 RUB = $0.01334) in relation to an antitrust case in Russia, according to a statement on Telegram from Russia's Federal Antimonopoly Service quoted by... More

Apple supplier Foxlink halts production at Indian facility after massive fire

February 27, 2023 9:36 AM EST

By Munsif Vengattil

NEW DELHI (Reuters) -Apple supplier Foxlink has halted production at its assembly facility in the southern Indian state of Andhra Pradesh after a massive fire led part of the building to collapse on Monday, two local government officials told Reuters.

Foxlink, a unit of Taiwan's Cheng Uei Precision Industry Co Ltd, makes cables for iPhone chargers. It set up a factory in Andhra in... More

Apple pays $12.1 million fine for alleged app market abuse in Russia - Antimonopoly Service

February 27, 2023 9:11 AM EST

MOSCOW (Reuters) -U.S. tech giant Apple has paid a 906 million rouble ($12.12 million) fine in a Russian antitrust case alleging abuse of its dominance in the mobile apps market, Russia's Federal Antimonopoly Service (FAS) said on Monday.

Apple, which did not immediately respond to a request for comment, has previously "respectfully disagreed" with a FAS ruling that Apple's... More