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Executive who launched Apple Pay steps down after 20 years

Jennifer Bailey, the Apple executive who spearheaded Apple Pay and Wallet services, is retiring after more than two decades with the company. Her departure marks another leadership change at Apple, as she was instrumental in growing Apple Pay into a major global mobile payment …

McDonald's still a tasty pick for investors, market expert says

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Jefferies Downgrades Apple as iPhone Worries Mount. What This Means for AAPL Stock.

Jefferies downgraded Apple (AAPL) to "Hold" from "Buy" and reduced its price target, citing concerns over future iPhone pricing power due to scrapped plans for a high-end all-glass model and potentially limited demand for expensive foldable phones. Despite strong Q3 fiscal results, Apple's high …

Apple Stock Falls Again After Jefferies Slashes Rating

This article first appeared on GuruFocus. Apple (NASDAQ:AAPL), the consumer-tech powerhouse behind the iPhone, Mac and one of the world's biggest digital ecosystems, fell roughly 0.5% Tuesday as Jefferies threw cold water on the stock. Analyst Edison Lee cut Apple to Underperform from Hold …

Amazon.com, Inc. (AMZN) vs. Apple Inc. (AAPL): Hedge Funds Favor One over the Other

Amazon.com, Inc. (NASDAQ:AMZN) and Apple Inc. (NASDAQ:AAPL) both beat Wall Street's revenue estimates this week, but investors could not have reacted more differently. Amazon's stock surged as much as 15%, while Apple's fell more than 7%, on the very same earnings day. Why One …

Apple (AAPL) Cancels All Glass iPhone Ahead Of CEO Transition

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Apple (NasdaqGS:AAPL) has cancelled its planned all-glass iPhone model after production challenges with the design and manufacturing process. Management is reviewing the product …

NVIDIA Corporation (NVDA) and Naver: A $1 Billion AI Bet in South Korea

NVIDIA Corporation (NASDAQ:NVDA) will invest about $1.01 billion in South Korean internet company Naver to help finance an AI data center, taking a 4.5% stake in Naver once the deal closes. Nvidia, Naver, and U.S. private equity firm Brookfield are also in talks for …

Apple Pay chief Jennifer Bailey to retire in October - report

Jennifer Bailey, the executive who has led Apple's Pay and Wallet services since 2014, will retire in October after more than 20 years with the company. Services chief Eddy Cue announced her departure in a staff memo, noting that Apple Pay, under Bailey's leadership, …

Apple Executive in Charge of Pay and Wallet Services Is Leaving

Jennifer Bailey, Apple's longtime head of Pay and Wallet services and Vice President of Apple Pay since its 2014 launch, is retiring in October after more than two decades with the company. Her departure was announced by Apple services chief Eddy Cue in a …

She Spent $200 to Start a Side Hustle From Her Closet While Working at NASA. It Now Outearns Her Six-Figure Salary

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Many people dream about finding a second source of income that could one day match their regular paycheck. For one NASA engineer, that journey began with just …

QumulusAI (QMLS) Signs Nvidia DRW Blackwell Deal: Can Contract Momentum Translate Into Revenue?

On August 11, QumulusAI (NASDAQ:QMLS), a neocloud infrastructure provider, signed a GPU-as-a-Service agreement with DRW, a diversified global trading firm, to supply a dedicated Nvidia Blackwell B300 cluster. The capacity will be served from QumulusAI's U.S. data center footprint, carrying an initial one-year term …

Apple Sued Over Alleged Privacy Gaps in ‘Private Relay’ Service

Apple Inc. is being sued by a California man who claims the company falsely advertised its iCloud Private Relay feature, which was supposed to hide users' IP addresses and browsing activity. The lawsuit alleges that flaws in Apple’s WebKit browser engine allowed websites to …

Apple’s Revenue Is Soaring, But Analyst Confidence in AAPL Stock Is Cooling. Here's Why.

Apple TV eyes US broadcast rights to the Open as foray into sports broadcasting continues

New Zealand's Ryan Fox celebrates winning this year's Open.Photograph: Phil Noble/Reuters Apple TV has joined the battle to win US rights to golf's Open Championship in the streaming platform's latest move into sport. The Guardian has learned that Apple has had preliminary discussions with …

LG Display Co, Ltd AMERICAN DEPOSITORY SHARES Stock 12‑Month Price Target Cut to $4.07, Implies 21% Upside

Analysts have cut the 12-month average price target for LG Display Co, Ltd AMERICAN DEPOSITORY SHARES stock from $4.13 to $4.07, with a range of $2.87 to $5.4 per share. This new target implies a 21% potential upside from the August 10 closing price. …

Universal Display Q2 Earnings Beat as Material Sales Weigh on Growth

Universal Display Corporation OLED delivered second-quarter earnings above the Zacks Consensus Estimate, but revenues fell short as material sales weakened. Earnings of $1.06 per share topped the $1.04 consensus estimate by 1.9%, while revenues of $152.2 million missed the $158 million estimate by 3.9%. …

Stocks Supported by Renewed Middle East Optimism

The S&P 500 Index ($SPX) (SPY) today is up +0.04%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.07%. September E-mini S&P futures (ESU26) are up +0.02%, and September E-mini Nasdaq futures (NQU26) …

Stocks Mostly Higher in Hopes for a Deal to Reopen Hormuz

The S&P 500 Index ($SPX) (SPY) today is up +0.10%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.15%. September E-mini S&P futures (ESU26) are up +0.12%, and September E-mini Nasdaq futures (NQU26) …

Apple class action alleges Hide My Email feature does not work as advertised

A class action lawsuit has been filed against Apple Inc. alleging that its "Hide My Email" privacy feature does not work as advertised. The plaintiff claims that Apple misrepresented the feature's ability to conceal users' real email addresses, despite marketing it as a core …

Sonos Plans ‘Ace Ultra’ Headphones and Broad Push Into AI

Sonos is preparing to launch new "Ace Ultra" wireless headphones, which are expected to come in up to five colors, expanding on the original Ace headset's limited options. This launch signals a broader strategy for Sonos to integrate deeper into artificial intelligence, positioning its …

Universal Display Stock Buy, Hold, or Wait on Growth and Valuation

Universal Display Corporation OLED combines a relatively moderate forward valuation with a large OLED technology opportunity, but declining 2026 growth expectations complicate the investment case. The stock trades at 19.78X forward 12-month earnings, below the cited industry, sector and S&P 500 comparisons, while projected …

Universal Display Stock Climbs 19.7% in a Month: Is it Sustainable?

Universal Display Corporation OLED has gained 19.7% in the past month, even as second-quarter and first-half results reflected weaker material volumes. Second-quarter revenues fell 11.4% year over year to $152.2 million, while first-half revenues declined 12.9% to $294.4 million. Net income fell 26.6% to …

Apple Already Increased the Price of iPhones Up to $300. Their Price Hikes Might Be Just Starting.

Quick Read Memory's share of the iPhone Pro's bill of materials surged from 10% to 34% in one year, forcing Apple to raise iPhone prices up to $300. Micron surged 202% year to date with 346% revenue growth, while Qualcomm's handset revenue fell 20% …

Is Rule Breaker ASML the Snap Cola King Right Now?

Of the 3,000-plus companies we monitor in The Motley Fool's Rule Breakers Primary database, exactly one tops the list with an overall Superscore of 99. It isn't a household name – it's ASML(NASDAQ:ASML), the quiet Dutch firm that builds the machines that make the …

The S&P 500 Is at Record Highs and Hasn't Been This Expensive in Decades. History Says This Could Happen Next

At one point this year, the S&P 500 (SNPINDEX: ^GSPC) looked like it was in trouble, falling below 6,400. The war in Iran spooked investors, in what at the time appeared to be the catalyst that could bring the broad index back down to …

The Market Now Says a Rate HIKE Is Coming. There’s a Dividend Fund Literally Built for This

Quick Read Markets now price 53% odds of a September rate hike, punishing SCHD's bond-proxy tilt while FDRR screens dividend payers for positive yield correlation. FDRR's top three holdings are NVIDIA, Apple, and Alphabet, which together exceed 22% of the portfolio, fueling an 86% …

Nvidia Rises Amid Massive Wall Street Partnership; Is Nvidia A Buy Now?

Nvidia rises in a base on Tuesday after the company announced a partnership with large investment banks to raise $500 billion. Continue Reading

AAPL Stock Slides Nearly 10% — Apple’s Earnings Divide Wall Street, But Retail Sees A Buying Opportunity

Nvidia (NVDA) Is Going Beyond GPUs in the $500 Billion AI Boom, Wells Fargo Says

NVIDIA Corporation (NASDAQ:NVDA) just partnered with six major financial institutions on a $500 billion financing push for artificial intelligence infrastructure. The chipmaker said on Monday that it has signed memorandums of understanding with Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs, and …

These stocks have some of Wall Street’s lowest short interest

[short sale] abluecup Stocks including Apple, Alphabet, Exxon Mobil, and JPMorgan are among the companies with relatively low short interest, according to a screen of stocks with market capitalizations above $2B. The screen includes stocks with short interest between 1% and 2% of shares …

Making sense of the conflicting 20th anniversary iPhone reports

Recent reports regarding Apple's 20th anniversary iPhone are conflicting, with one analyst suggesting the "all-glass" vision has been halted due to low yield, while a Bloomberg reporter indicates the plan is still on track. The article discusses Apple's long-term vision of a "single slab …

The Crown Keeps Switching Hands: Apple Inc. (AAPL) vs NVIDIA Corporation (NVDA)

Apple Inc. (NASDAQ:AAPL) and NVIDIA Corporation (NASDAQ:NVDA) have traded the title of world's most valuable company more than once in the past two weeks. Apple first edged ahead on Friday, July 17, at $4.88 trillion versus Nvidia's roughly $4.86 trillion after Nvidia shares fell …

If I Could Tell All Investors 1 Thing About the Stock Market Right Now, It's This

One of the biggest debates among stock market investors in 2026 has been: "Is there an AI bubble?" Some investors are worried that tech stock valuations are too high, that the S&P 500 index is too top-heavy with artificial intelligence (AI) stocks, and that …

Amazon's Zoox Launches Paid Robotaxi Service In Las Vegas and Says 'We Need To Be Regulated'— The Smoke Incident That Prompted a Recall Explains Why

Zoox CEO Aicha Evans backed stronger federal oversight of autonomous vehicles as the Amazon.com Inc.(NASDAQ:AMZN) subsidiary began charging passengers for driverless rides in Las Vegas, weeks after a smoke-related safety incident forced a fleetwide software recall. Zoox Backs Regulation as Paid Rides Begin "I …

Apple, Amazon and other corporate giants quietly scrap board diversity rules

Many major U.S. companies, including Apple, Amazon, and Starbucks, have quietly removed explicit diversity criteria for their board members and, in some cases, for CEO succession. This retreat from diversity, equity, and inclusion policies accelerated in the past year, with 61 S&P 100 companies …

TSMC's July Revenues Soar: How Should You Play the Stock Now?

Taiwan Semiconductor Manufacturing Company TSM, or TSMC, released its July 2026 revenue report yesterday. Last month, revenues jumped 44.7% year over year to NT$ (New Taiwan Dollar) 467.58 billion, up 5.6% sequentially. Through the first seven months of 2026, revenues totaled NT$2.87 trillion, increasing …