Nvidia briefly ceded its title as the world's most valuable company to Apple last week, not because Apple surged, but because investors are growing more cautious about AI-related stocks after two years of exuberance.
Apple announced it’s raising prices on some iPads and MacBooks this week, citing the rising price of memory and storage devices. But some economists say AI could eventually bring the prices of goods and services down.
The demand for memory chips has skyrocketed with the rapid growth of AI infrastructure. The shortage poses a major challenge for the consumer electronics industry.
Meta, Google, Microsoft and Amazon report tomorrow. Apple reports on Thursday. These companies are so large that their earning reports can swing the stock market in either direction.
Craig Grannell, tech reporter at Wired, says the new iPadOS 26 gives the tablet the ability to function more like a desktop. He tells us what it was like to replace his Mac with the latest iPad for a week.
