Apple Inc

NASDAQ:AAPLUnited States

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• Social Buzz: Wallstreetbets Stocks Mostly Lower Pre-Bell Tuesday; Palantir to Decline, Hims & Hers Health to Advance, from 39 minutes ago by MT Newswires

  39 minutes ago by MT Newswires
  Companies Mentioned: NVDA, TSLA, AAPL, HIMS, BA, PLTR, DJT, DIS
  07:14 AM EDT, 05/07/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mostly lower hours before Tuesday's opening bell. Palantir Technologies (PLTR) stock was 9.7% lower pre-bell, swinging from an 8.1% i...

• DJ Apple's AI Plan Takes Shape. It's Joining the Chip Race. -- Barrons.com, from 2 hours ago by Dow Jones

  2 hours ago by Dow Jones
  Companies Mentioned: NVDA, TSM, AAPL
  
  By Callum Keown
  
  Apple seems late to the artificial-intelligence party and investors are getting restless. But maybe the tech giant has everything under control.
  
  Apple has been developing its own AI chips for data center servers, The Wall Street Journal reported late Monday. Project ACDC, which has been running for several years, builds on Apple's role as a leading player designing chips for iPhones, iPads and other products, the report added.
  

• DJ Stocks to Watch Tuesday: Palantir, Walt Disney, UBS -- WSJ, from 3 hours ago by Dow Jones

  3 hours ago by Dow Jones
  Companies Mentioned: UPS, AAPL, NKLA, LYFT, PLTR, LCID, BP, UBS, KLG, RDDT, DIS
  By Anna Hirtenstein Apple (AAPL): The iPhone maker has been working on a chip to run artificial-intelligence software in data-center servers, The Wall Street Journal reported, a move that could give Apple an edge in the AI race. UBS (CH: UBSG, UBS): U.S.-listed shares of the Swiss bank rallied in premarket trading after it reported blockbuster earnings, including quarterly profit that was roughly triple Wall Street's forecast. Palantir Technologies (PLTR): The data-analytics company reported stronger-than-expected revenue, propelled by the AI frenzy, although growth in its U.S. commercial business slowed. Its shares slid in off-hours trading. Lucid (LCID): The electric-vehicle maker reported better-than-forecast sales, but a major portion of those came from the Saudi government, which is a big shareholder. The stock fell 8.5% premarket. United Parcel Service (UPS): The package-delivery giant's chief financial officer said he was departing to focus on his health. BP (UK:BP, BP): The British energy company posted a drop in profit due to lower oil and gas prices, missing analysts' estimates. Aramco (SA: 2222): Saudi Arabia's national oil company said its quarterly profit declined, also missing analysts' forecasts, because of lower crude volumes sold and weaker refining margins. Earnings coming up before the opening bell include Walt Disney (DIS), Nikola (NKLA) and WK Kellogg (KLG). After markets close, Lyft (LYFT) and Reddit (RDDT) are among those on the docket. This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). (END) Dow Jones Newswires May 07, 2024 04:52 ET (08:52 GMT)