Apple Hampered by Wall Street Downgrades on Weak iPhone Sales, Slower AI Uptake

Jefferies downgraded Apple from hold to underperform and cut its price target by 13%. Loop Capital lowered its rating to Hold, with a price target 16% down from its previous. JPMorgan maintained its Overweight rating but its price target cut by nearly 2%.

Microsoft No Longer the Exclusive Cloud ServiceProvider for OpenAI

Citigroup Must Face a Lawsuit over Fraud Scams in New York: Court

Trump Announces $500 Billion AI Infrastructure Investment from OpenAI, SoftBank and Oracle

OpenAI, SoftBank and Oracle will form a joint venture that builds "the physical and virtual infrastructure to power the next generation of AI", and is expected to create "over 100,000 American jobs almost immediately", said Trump.

Belgium Launches Criminal Investigation into Apple’s Alleged Use of "Blood Minerals" from Congo

Bytedance Founder Reportedly in Contact With Elon Musk Amid TikTok Ban Threat

New World Pledges $15 Billion in Properties for Loan Refinancing Amid Debt Concerns

TSMC Confirms All Sites Operating After Taiwan Earthquake

Xiaohongshu Rebrands as Rednote in English

Apple’s iPhone Sales in China Plummet 18% During Holiday Quarter