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Apple Makes Major AI Strategy Shift in China, Develops Own LLM With Alibaba’s Support in Bid to Counter Huawei: Report
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Apple Inc. has reportedly partnered with Alibaba Group Holding Ltd. to create an AI model specifically designed for the Chinese market. The AI model will fuel Apple's …
Apple Makes Concessions on Ad Tracking After German Competition Scrutiny
Apple Inc. has agreed to modify its App Tracking Transparency (ATT) system in Europe, resolving a German antitrust investigation. The Federal Cartel Office had raised concerns that Apple's privacy framework gave its own services an unfair advantage over third-party developers by making consent requests …
Rolls-Royce Stock Hits First New High In 14 Years. Firm Announces Engine Project.
Shares climbed to a record high for the first time in more than 12 years after the company announced a jet-engine project for a military plane program in India. Continue Reading
Sharemaestro market context Trend signal active 52 weeks +49.2% · Next-week setup positive 63.4%Eaton's Strategic Buyouts to Power Its Next Growth Phase?
Eaton Corporation's ETN acquisition strategy is emerging as a key growth engine, strengthening its position in high-growth markets benefiting from electrification, digitalization and artificial intelligence. The company is selectively acquiring differentiated technologies that complement its power-management portfolio and can be cross-sold through its global …
Sharemaestro market context Trend signal active 52 weeks +19.5% · Next-week setup negative 34.9%Bulls and bears hash it out on MGM Resorts
[Las Vegas Skyline] LPETTET/iStock via Getty Images MGM Resorts International (MGM [https://seekingalpha.com/symbol/MGM]) continues to trade lower than where it stood before the casino giant issued its second quarter earnings report. Analysts have issued differing post-earnings assessments of MGM (MGM [https://seekingalpha.com/symbol/MGM]). Argus reiterated a Buy …
Sharemaestro market context Trend signal active 52 weeks +6.7% · Next-week setup negative 38.9%Nike's stock plunge is relentless
A Wall Street that's mostly bullish on Nike (NKE) continues to be proven dead wrong about the athletic-wear giant's stock price. Nike stock collapsed to its lowest level since September 2024 on Monday, dropping more than 4% to below $40, per Yahoo Finance AlphaSpace …
Stellantis Recalls Almost 1 Million Cars; Stock Falls To All-Time Low
Stellantis stock tumbled to a new low on Monday after it announced a recall of almost 1 million vehicles worldwide. The recall is a software issue in the radio systems of Jeep, Dodge and Chrysler brand cars. The glitch interferes with their rear view …
Sharemaestro market context Price below Trend Line 52 weeks -51.8% · Next-week setup negative 31.9%General Motors (Lansing, Michigan) WARN Act Investigation
Strauss Borrelli PLLC is investigating General Motors LLC regarding a potential mass layoff of 350 employees in Lansing, Michigan, announced on August 14, 2026. The law firm is examining whether GM violated the federal WARN Act by failing to provide employees with at least …
Is NIKE Winning Back Consumers Through Product Innovation?
NIKE, Inc. NKE is showing encouraging signs that product innovation is helping win back consumers, particularly in performance footwear and apparel. The company is refocusing its product strategy on athlete-led innovation, performance and differentiated technology as it seeks to reignite consumer demand. It is …
Teradyne Inc Stock (TER) Moved Up by 5.67% on Aug 17: Facts Behind the Movement
Teradyne Inc. (TER) saw its stock rise by 5.67% due to strong demand in the semiconductor automated test equipment market, driven by AI and high-performance computing. Analysts have revised earnings forecasts upward, citing robust margins and execution. However, the company faces risks such as …
American Airlines flight blows 2 tires upon landing at Chicago O'Hare: FAA
An American Airlines flight from LaGuardia to Chicago O'Hare blew two tires upon landing on Monday, according to the FAA. The airline confirmed there were no injuries, and passengers deplaned via stairs to buses. This incident follows a similar event days prior where a …
Results: Alliance Laundry Holdings Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Alliance Laundry Holdings Inc. (NYSE:ALH) recently announced Q2 results, exceeding statutory earnings per share (EPS) expectations with US$0.34, though revenues were in line. Analysts have since become more optimistic about the company's earnings potential, predicting a 28% surge in EPS to US$1.15 for 2026. …
Goldman Sachs Reveals AI Stocks To Buy List
This article first appeared on GuruFocus. Goldman Sachs is pointing investors toward a different way to play the artificial-intelligence boom: companies that could use AI to cut labor costs and boost productivity, rather than the chipmakers and infrastructure providers that have dominated the trade …
Bank of America and Wells Fargo to close all branches in September: See the exact dates
Bank of America and Wells Fargo, along with other major national banks, will close all branches on Labor Day, Monday, September 7, following the Federal Reserve's holiday schedule. While physical locations will be closed, online banking and ATMs will remain operational. The article also …
American Airlines launches 6 new nonstop transatlantic routes for 2026
American Airlines is expanding its transatlantic network for summer 2026 with six new nonstop routes, connecting major U.S. hubs to popular European destinations and one South American city. This expansion includes service to Budapest, Prague, Athens, Milan, Zurich, and Buenos Aires, with five of …
Bronstein, Gewirtz & Grossman LLC Urges UWM Holdings Corporation Investors to Act: Class Action Filed Alleging Investor Harm
Bronstein, Gewirtz & Grossman LLC has announced a class action lawsuit against UWM Holdings Corporation (NYSE: UWMC) for alleged violations of federal securities laws. The lawsuit claims UWM made misleading statements regarding its hedging strategy, leading to excessive hedging risk. Investors who purchased UWM …
How GE Appliances’ U.S. Chip Deal Could Shape Texas Instruments’ (TXN) Domestic Manufacturing Narrative
In August 2026, GE Appliances, a Haier company, announced it had chosen U.S.-manufactured Texas Instruments microcontrollers, Wi‑Fi solutions, and analog components to supply around one-third of the semiconductors for its new Louisville laundry plant, nearly doubling its chip spending with TI. This long-term supply …
How Investors May Respond To Qualys (QLYS) Raised 2026 Outlook And New AI Cyber Risk Tools
In early August 2026, Qualys reported second-quarter 2026 results showing higher sales and earnings, raised its third-quarter and full-year 2026 guidance, launched its AI-powered InstaScan vulnerability detection capability, filed a US$168.68 million ESOP-related shelf registration for 1,089,000 shares of common stock, and joined the …
Market movers: Micron, Nike, Rocket Lab, SpaceX, HIVE...
This article provides an overview of several market-moving companies including SpaceX, Nike, Rocket Lab, Micron Technology, New Era Energy & Digital, HIVE Digital Technologies, and Hutchmed. SpaceX's Starlink business is poised for growth, while Nike shares have fallen to an 11-year low. Rocket Lab …
Sharemaestro market context Trend signal active 52 weeks +726.9% · Next-week setup positive 58.6%Bad News For Apple Stock Fans
This article first appeared on GuruFocus. Apple (NASDAQ:AAPL) is facing pressure from the U.S. government over plans to source memory components from Chinese suppliers, adding another complication to the company's efforts to secure chips amid tight global supply. Commerce Secretary Howard Lutnick said the …
Why Rick Simonetti Left Wells Fargo to Launch an Indie Firm. Plus, the Week’s Top Advisor News.
Rick Simonetti, formerly of Wells Fargo, launched Fidelis Capital, an independent wealth management firm with $3 billion in assets. Fidelis Capital aims to offer unique services like nimble tax management through its trading system, alternative investment funds focusing on niche opportunities, and potentially in-house …
Alibaba Sells Gaming Unit for Over $2 Billion
This article first appeared on GuruFocus. Chinese e-commerce and cloud company Alibaba Group Holding Ltd. (BABA, Financials) is projected to raise more than $2 billion from the sale of its Lingxi Games unit as it focuses expenditure on artificial intelligence and cloud computing.Alibaba is …
Wire Wars: Morgan Stanley Snags $750M Merrill Team in Washington
Morgan Stanley has successfully recruited the Foreman Rial Group, a team of financial advisors from Merrill Lynch who managed $750 million in assets in Kirkland, Washington. The team includes Craig A. Foreman, a 40-year veteran, John A. Rial, a 30-year broker, and junior broker …
PepsiCo is conducting an AI marketing transformation review
PepsiCo is currently reviewing its AI marketing transformation services, a pitch that has garnered significant interest from both agencies and consultancies. The food and beverage giant's initiative highlights a growing trend among major brands to integrate artificial intelligence into their marketing strategies. This move …