Apple has asked to participate in Google’s upcoming U.S. antitrust trial over online search, saying it cannot rely on Google to defend revenue-sharing agreements that send the iPhone maker billions of dollars each year.
Read More Apple seeks to defend Google’s billion-dollar payments in search caseTag: Alphabet
Apple approaches $4 trillion valuation as investors bet on AI momentum
Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements.
Read More Apple approaches $4 trillion valuation as investors bet on AI momentumS&P 500, Nasdaq rise on optimism ahead of rate cut, economic data
The S&P 500 and the Nasdaq climbed while the Dow was flat on Monday, as investors looked ahead to an anticipated Federal Reserve interest rate cut later in the week.
Read More S&P 500, Nasdaq rise on optimism ahead of rate cut, economic dataGoogle parent Alphabet jumps on quantum chip breakthrough
Shares of Alphabet rose about 5% after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum computing.
Read More Google parent Alphabet jumps on quantum chip breakthroughUS appeals court upholds TikTok law forcing its sale
A U.S. federal appeals court upheld a law requiring ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban.
Read More US appeals court upholds TikTok law forcing its saleS&P 500, Dow touch over one-week highs after business activity data
The S&P 500 and the Dow touched over one-week highs after data showed a still robust economy, while small-cap stocks outperformed large-cap indexes.
Read More S&P 500, Dow touch over one-week highs after business activity data