Apple Inc
Software stocks plunge on ServiceNow, IBM results as AI fears escalate
Signage outside the ServiceNow headquarters in Santa Clara, California, US, on Thursday, Sept. 4, 2025. David Paul Morris | Bloomberg | Getty Images Software stocks plummeted on Thursday as disappointing results from ServiceNow and IBM added to fears that artificial intelligence tools and services will disrupt their businesses. Shares of ServiceNow sank 17% Thursday, on […]
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Google unveils chips for AI training and inference in latest shot at Nvidia
Google CEO Sundar Pichai gestures during a meeting with France’s President Emmanuel Macron on the sidelines of the AI Impact Summit in New Delhi on Feb. 19, 2026. Ludovic Marin | Afp | Getty Images After years of producing chips that can both train artificial intelligence models and handle inference work, Google is separating those […]
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CNBC Daily Open: Trump looks to mitigate tariff, geopolitical blowback
US President Donald Trump speaks in the State Dining Room of the White House in Washington, DC, US, on Tuesday, April 21, 2026. Daniel Heuer | Bloomberg | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. President Donald Trump has extended the […]
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Jim Cramer says Tim Cook accomplished something ‘almost impossible’ as Apple CEO
CNBC’s Jim Cramer on Tuesday reflected on the legacy of Tim Cook, arguing that the longtime leader of Apple achieved something many in corporate America consider “almost impossible.” “You have heard a lot about Tim Cook today and for good reason,” the “Mad Money” host said. “He built the greatest consumer-based enterprise in history.” Cook, […]
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Apple’s elevation of silicon head Johny Srouji signals sprint to build in-house chips for all devices
In naming hardware boss John Ternus as its new CEO on Monday, Apple also announced another key promotion that may be almost as significant in gauging the company’s direction. Taking over for Ternus as head of hardware will be Johny Srouji, who leads the team that makes Apple’s in-house chips. Apple created a new title […]
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Trump recounts Tim Cook call to ‘kiss my ass,’ in stark look at White House dealmaking
Apple CEO Tim Cook laughs with President Donald Trump during a meeting in the White House, Washington, March 6, 2019. Leah Millis | Reuters President Donald Trump praised Tim Cook in a lengthy Truth Social post on Tuesday, calling the outgoing Apple CEO an “incredible guy” and boasting about how Cook appealed to him when […]
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Why Tim Cook stepping down as CEO isn’t shaking Jim Cramer’s faith in Apple
Tim Cook’s act is a tough one to follow. It doesn’t mean Apple ‘s future is any less bright. The company said late Monday that John Ternus, Apple’s senior vice president of hardware engineering, will take over for longtime chief executive officer Cook, who will become executive chairman. It’s “very sad” news, Jim Cramer said […]
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Stocks making the biggest moves midday: UnitedHealth, Pitney Bowes, Apple, Amazon & more
Check out the companies making the biggest moves midday: Valmont Industries — The agricultural product and infrastructure rallied 12% on better-than-expected results for the first quarter. The company cited strong demand in its North America utility business for the beat. It also hiked the lower end of its full-year earnings guidance. Pitney Bowes — The […]
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New Apple CEO John Ternus doubted himself when he started: ‘I wasn’t sure I belonged’
Apple is adding a new CEO to its ranks and continuing a long-running tradition of internal promotion. The iPhone maker on Monday announced that CEO Tim Cook will step down as chief executive in September and named senior vice president of hardware engineering John Ternus as his successor. Cook will serve as executive chairman. He […]
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Tim Cook turned Apple into a $4 trillion juggernaut by not trying to be Steve Jobs
Steve Jobs (R), Apple Inc. CEO, and Tim Cook, Apple Inc. Coo, speak at a press conference at Apple headquarters in Cupertino, California. Kimberly White | Corbis Historical | Getty Images In his time running Apple, Tim Cook has been more like the “president of a country, not a company,” according to Deepwater Asset Management’s […]
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