Apple supplier Foxconn to invest $1.5 billion in India unit
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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Goldman Sachs Previews Apple (AAPL) WDC 2025: 'we believe AAPL will need to demonstrate further success with Apple Intelligence'
May 21, 2025 2:59 PM EDTGoldman Sachs analyst Michael Ng reiterated a Buy rating and $253.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Bottom line: Apple's WWDC 2025 Keynote will take place on June 9 at 1pm ET (10am PT). We expect AAPL to demonstrate continued progress toward incorporating AI into its operating systems through developer access to its AI models for app development (building on year-ago's availability of... More
Goldman on Apple (AAPL) and Fortnite Entanglement: 'Following our review of the new app's external payment flow, we came away less concerned about the potential impact from these changes'
May 21, 2025 2:30 PM EDTGoldman Sachs analyst Michael Ng reiterated a Buy rating and $253.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "Bottom line: Fortnite has returned to the App Store following a court order, after a nearly 5 year-ban. The Fortnite app includes options for external payments, bypassing Apple's In-App Payments and platform fees. Following... More
