Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
Wall Street analysts are known for being ... This includes revenue from its App Store, search-sharing revenue, Apple TV, Apple Pay, and other subscriptions and services. Last fiscal year, its ...
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
Apple is playing catch-up with its biggest tech peers in AI. A staggered rollout of Apple Intelligence also has meant that consumers have had to wait for many features. And competitors have jumped out ahead in other areas, such as smart glasses. Apple’s wearables business declined over the holidays as well.
A federal jury found J. DeShawn Torrence, 42, guilty of eight counts of deprivation of constitutional rights under color of law for sexually assaulting four women while working for the Sanger Police Department, the U.S. Department of Justice said.
Apple and other big U.S. companies reporting fatter profits than expected are helping Wall Street shave off more of its sharp losses from the start of the week on Friday. The S&P 500 was 0.4% higher in early trading.
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.
Apple’s stock performance has logged the worst start of the year for the iPhone maker since 2008, hitting a 17-year low.
A Chinese start-up that didn’t exist 18 months ago just triggered a meltdown that shows just how vulnerable Wall Street is.
Apple Inc. gave a reassuring revenue forecast for the current quarter, helping boost shares of the world’s most valuable company after its holiday results showed jarring declines for China and the iPhone.