Apple's AI Moment, Spacex's $4 Trillion Valuation And More: This Week In Appleverse
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It’s been an eventful weekend in the tech world. From Apple (NASDAQ:AAPL) potentially making strides in AI to SpaceX‘s valuation causing investors to rethink their strategies, here are the top stories from the weekend.
Apple Stock Could Finally Have Its AI Moment At WWDC
Wedbush analyst Dan Ives predicts that Apple’s AI strategy will take center stage at the upcoming WWDC. This could be a game-changer for Apple’s stock.
“We expect fireworks with the long-awaited AI strategy,” Ives said.
Read the full article here.
Jim Cramer Says $4 Trillion SpaceX Could Force Investors To Dump Nvidia, Apple And Microsoft
Jim Cramer suggests that the $4 trillion valuation of SpaceX might lead to investors selling off stocks of companies like Apple and Microsoft (NASDAQ:MSFT).
"We create our own bearish problems," Cramer wrote.
Read the full article here.
Google’s $80 Billion AI Raise Cost Alphabet The #2 Spot To Apple
Google‘s parent company, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), lost its second position in market cap to Apple after an $80 billion AI raise.
Alphabet is raising the first $40 billion in fresh cash through two channels: a $30 billion public stock offering sold by Goldman Sachs (NYSE:GS), JPMorgan Chase (NYSE:JPM), and Morgan Stanley (NYSE:MS), and $10 billion sold directly to Berkshire Hathaway.
Read the full article here.
Rivian’s Software Chief Explains Why Apple CarPlay, Android Auto And Even Analogue Buttons Are Destined To Be ‘Completely Obsolete’
Rivian‘s (NASDAQ:RIVN) Software Chief, Bensaid, believes that CarPlay, Android Auto and even analog buttons will become obsolete due to deep AI integration into the car.
“I really believe that the way you interact with apps which are mono-threaded, single buttons, single icons, a lot of that will be now completely reshaped into a world where it will become an agentic integration that presents itself into a wholesome user experience to the user,” he said.
Read the full article here.
Steve Jobs Returned To Apple A ‘Different Person’
Former Apple CEO John Sculley believes that Steve Jobs‘ life experiences between his two eras at Apple were influential in his transformation from “Jobs 1.0” to “Jobs 2.0.”
“But young Steve Jobs was not as good at listening as the Steve Jobs that came back years later,” he added. “His life experiences between 1.0 and 2.0 were obviously extremely influential.”
Read the full article here.
Photo Courtesy: tetesong on Shutterstock.com
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.