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Shares of global financial services firm Morgan Stanley (NYSE:MS) jumped 2.6% in the afternoon session after its investment management division, alongside partner Ridgeback Group, announced the acquisition of a UK private rental business for approximately £1.05 billion.
» AAPL Stock In Focus: Tim Cook Reportedly Confirms Hike In Apple Products Due To Memory Chip Crunch
Apple CEO Tim Cook warns that skyrocketing memory chip costs have made consumer price increases "unavoidable."
Qualcomm (QCOM) helped define the smartphone era. Now the chip giant is striving to prove it can play a far bigger role in the artificial intelligence boom. That may take a lot. Qualcomm is in talks to buy AI chip firm Tenstorrent in a transaction valued at $8 billion to $10 billion, according to ...
It apparently fell short in an attempt to lease cloud capacity from a peer.
Apple is hardly alone in confronting this pressure. Microsoft’s newly launched Surface Pro 13-inch starts at $1,499 and its Surface Laptop at $1,599, roughly 50% above the prior-generation models that launched in 2024 at $999, with the AI-driven memory shortage cited as a central reason for the jump, according to reporting by Yahoo Finance. The repricing across the PC industry reflects a structural shift in the memory market that shows little sign of easing soon.
Apple CEO Tim Cook told The Wall Street Journal that ‘unfortunately, price increases are unavoidable.’
Apple (AAPL) closed the most recent trading day at $295.95, moving 1.1% from the previous trading session.
In the latest trading session, Microsoft (MSFT) closed at $378.86, marking a -3.8% move from the previous day.
WSJ’s Rolfe Winkler breaks down his exclusive interview with Apple CEO Tim Cook, who said Apple is raising prices on its devices after an “unprecedented” increase in the prices and availability of memory chips.
Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview. A surge in AI-driven demand for data centers has forced consumer electronics companies into a fierce competition for dwindling supplies of the key components, driving prices sharply higher. Groups representing automakers, retailers, electronic firms and others had warned earlier this month that the increasing demand for memory chips could lead to dramatic price hikes in U.S. consumer goods and disrupt supply chains.
SAN JOSE, Calif., June 17, 2026--Adobe (Nasdaq:ADBE) — the global technology leader that unleashes creativity, productivity and customer experiences through innovative tools and platforms — today announced Adobe Brand Visibility, a new solution for businesses to ensure their brand is visible, trusted and chosen across AI surfaces. The new offering is part of Adobe CX Enterprise, a new end-to-end agentic AI system that simplifies how businesses manage their entire customer lifecycle, from acquiri
The memory shortage is hitting the gaming sphere, with Sandisk's (SNDK) PlayStation 5 storage SSD costing nearly $3,000. Yahoo Finance Technology Editor Dan Howley breaks down the details.
US stocks (^DJI, ^IXIC, ^GSPC) ended Wednesday's session in negative territory after Federal Reserve officials unanimously voted to hold interest rates at their June FOMC meeting today, while also forecasting at least one possible rate hike ahead. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the trading day's market reactions to the Fed's big decision. This was Kevin Warsh's first FOMC meeting he presided over as the new chairman of the Fed.
BOCA RATON, Fla., June 17, 2026 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the leader in smart home security solutions, today announced it has joined the Board of Directors of the Connectivity Standards Alliance (CSA), the global organization behind Matter, Zigbee and Aliro, foundational standards shaping the future of connected living. The appointment places ADT alongside leading technology innovators including Apple, Google, Amazon, Samsung and LG, reinforcing the company’s role in guiding the
(Bloomberg) -- Apple Inc. is preparing a second-generation iPhone Air for spring 2027, aiming to boost the appeal of the slimmed-down device, according to people with knowledge of the matter.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealApple Plans Camera AirPods Alongside Upgraded Foldable iP
Oracle said details in a report about failed cloud deal talks with Microsoft were inaccurate.
Investors questioned Apple's AI progress after WWDC, with delayed features and limited initial availability.
Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPD
This is a hyper-growth chapter for Palantir, defined by demand it cannot meet. Its Artificial Intelligence Platform, AIP, is positioned as one of the few reliable ways for institutions to deploy AI without operational chaos.
New fund will concentrate on 10 to 15 companies with larger, longer-term agreements.
The Microsoft 365-based project and portfolio management solution helps organizations improve project governance, reporting, collaboration, and portfolio visibility as they assess alternatives to Microsoft Project Online.Boston, MASSACHUSETTS, June 17, 2026 (GLOBE NEWSWIRE) -- BrightWork, a project and portfolio management solution company, has announced the latest release of BrightWork 365, a configurable project management solution built on Microsoft 365. The BrightWork 365 solution is designe
Rather than buy the tech dip, one analyst argues current shareholders should wait for the next rally to sell Microsoft stock.
The AI infrastructure player popped on a technical benchmark, but the real story is the staggering size of the deals being signed behind the scenes.
If you hold Oracle (ORCL) stock, you’ve felt the turbulence. Despite a recent bounce, the shares are down over the last 12 months and sit well below their peak, a sign the market is wrestling with a profound shift in the company’s story. The options market is pricing in elevated uncertainty, with implied volatility in the 67th percentile of its annual range. This isn't about a legacy business in decline; it's about the significant risks of a company going all-in on a new one.
Tech stocks were higher Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF