When it comes to the most incredible retail experience you can find today, Apple stores are undoubtedly going to top many lists. As the most profitable retail experience per square foot, there is no question that Apple stores have helped grow the company into the $3 trillion global electronics behemoth it is today.
In a rare move, analysts at Jefferies downgraded one of the largest companies in the world, Apple ( AAPL -0.39%), to underperform. Wall Street analysts are known for being bullish, so underperform and sell ratings tend to make up only a small percentage of overall analyst ratings.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
The SP 500 dipped Thursday as banking sector strength was overshadowed by a tech slump led by Apple. At market close, the Dow fell 0.2%, the SP 500 dropped 0.2%, and the NASDAQ slid 0.9%. Apple shares tumbled 4%
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
A Chinese start-up that didn’t exist 18 months ago just triggered a meltdown that shows just how vulnerable Wall Street is.
China just threw a curveball into the tough Artificial Intelligence (AI) race as DeepSeek’s chatbot app just skyrocketed to the number 1 spot on both the
Wall Street's technology superstars tumbled Monday as traders worried that a competitor from China will chill the hot market created by artificial-intelligence businesses.
Though only time will tell if more analysts have downgrades in store ahead ... heard about the Apple Intelligence “bust” and its failure to drive upgrades. As the Wall Street analyst herd ...
DeepSeek's AI assistant became the No. 1 downloaded free app on Apple's iPhone store on Tuesday afternoon and its launch made Wall Street tech superstars' stocks tumble. Observers are eager to see whether the Chinese company has matched America's leading AI companies at a fraction of the cost.
If "Qwen's" results hold up, Alibaba can cement itself as a premier AI juggernaut. Regardless, BABA is historically cheap, faces easy comps, and enjoys a bullish technical pattern.