Market News

Shareholders allege the company failed to disclose cloud growth and AI spending pressures.

Regulator reviews Apple's compliance with EU digital market rules.

New data center expands cloud capacity push

https://www.bloomberg.com/news/articles/2026-06-16/apple-plans-camera-airpods-iphone-foldable-2-20th-anniversary-iphone-in-2027

Apple stock isn’t moving higher since its WWDC. However, the iPhone maker’s AI strategy could bear fruit, according to Citi analysts.

Apple (AAPL) continues to draw attention from investors as its stock performance over the past year, combined with its sizeable market value and repor...

https://cloud.google.com/blog/topics/systems/brazos-liquid-cooling-system-for-air-cooled-data-centers

WESTLAKE VILLAGE, Calif., June 16, 2026--PennyMac Financial Services, Inc. (NYSE: PFSI) (Pennymac), one of America's leading U.S. mortgage lenders and...

NEW YORK, June 16, 2026--Moody’s Corporation (NYSE: MCO) today announced that its connected intelligence is now available in Amazon Quick – a personal...

The Montgomery County project will create over 400 full-time jobs and generate hundreds of millions in new tax revenue

Nvidia stock was edging down, a day after the chip maker said it would tap the debt market for the first time since 2021.

Although the AI buildout has minted trillions in fresh market value across Wall Street, Howard Marks thinks buyers of these stocks are kidding themsel...

The T-Rex 2X Long NVIDIA Daily Target ETF (NASDAQ:NVDX) and the GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) sell the same product on the label:...

AI compute futures could eventually rival some of the world's largest commodity markets, Silicon Data's Carmen Li believes.

AI companies are spending heavily to rent high-end GPU power for training and running artificial intelligence models, but future compute prices can be...

Apple Inc. (NASDAQ:AAPL), Apple Distribution International Ltd and Apple Italia Srl are facing an investigation by Italy’s Competition Authority over ...

The trillionaire has pulled off seemingly impossible feats in the past. Could he do it again with a chip that beats Nvidia?

Amazon plans a major data center expansion in Missouri backed by community funding, infrastructure upgrades, and job creation.

Microsoft's Brad Smith shares career advice for students worried about AI job disruption.