Author: Editor-In-Chief

Apple CEO Tim Cook holds up the new iPhone 17 Pro during a special Apple event held at Apple’s headquarters in Cupertino, California, on September 9, 2025.Justin Sullivan | Getty Imagesapple announced better-than-expected earnings forecasts for the current period, after beating second-quarter sales and profits. Shares rose about 3% in extended trading. It’s the second time in three quarters that iPhone sales have fallen short of expectations, and the only significant number that fell short of expectations in Thursday’s report.According to LSEG consensus, the company’s performance compared to analyst expectations is:EPS: $2.01 vs. 1.95 Revenue: $111.18 billion vs. $109.66 billion…

Apple on Thursday night reported a strong quarter, capping off a busy week of mega-cap gains. CEO Tim Cook announced his departure ahead of the release, clearly a move to ensure the news didn’t overshadow the company’s impressive performance. According to LSEG, Apple’s revenue for the second quarter of fiscal 2026 (ending March 31) rose 17% to $111.2 billion, significantly exceeding expectations of $109.7 billion. Earnings per share rose 22% to $2.01, beating expectations of $1.95, LSEG said. AAPL 1Y Mountain Apple 1-Year Results In fact, this was the company’s best March quarter ever, with Apple shares soaring 4% in…

Max Verstappen says he is taking time to decide on his future in F1 after the Red Bull driver revealed he was considering retiring from the sport.After his final race in Japan at the end of March, Verstappen hinted that he was considering withdrawing from F1 due to his dissatisfaction with the sport’s new regulations, amid Red Bull’s poor start to the 2026 season. However, the Dutchman said he had “nothing new to comment” as he was “busy with other things”, including racing on Germany’s Nordschleife in preparation for the 24-hour race in late May. “There’s still time and I…

OpenAI and Anthropic have recently been waging war against third-party efforts to train new AI models by encouraging publicly accessible chatbots and APIs (a process known as “distillation”). The conversation focuses on how Chinese companies are using distillation to develop open-weight models that perform nearly as well as U.S. products, but are available at a much lower cost. But technology officials widely believe that U.S. laboratories are leveraging these technologies against each other to keep up with competitors. Now we know that to be true in at least one case. On the stand in a California federal court on Thursday,…

Dramatic surveillance video released Thursday shows would-be assassin Cole Thomas Allen storming the hallways of the Washington Hilton Hotel on April 24 and storming a Secret Service checkpoint at the hotel the next evening outside the White House Correspondents’ Association dinner where President Donald Trump was scheduled to speak.The video shows the Secret Service agent quickly pulling out a handgun and firing multiple shots at Allen as he sprints towards the checkpoint and attempts to pass through it.The new video was posted to X by Jeanine Pirro, the U.S. attorney for the District of Columbia, who is prosecuting Allen, a…

Beijing — The world’s largest electric car maker is locked out of its biggest potential overseas markets. But BYD, the Chinese EV giant, says the barriers that limit its and other Chinese automakers’ access from U.S. consumers won’t prevent it from remaining at the top of an industry that is changing the way people drive. “Without the U.S. market, BYD would still be in a leading position,” Stella Li, the company’s executive vice president, told CNN in an interview on the sidelines of the Beijing auto show earlier this week. The U.S. government has effectively banned Chinese automakers from entering…

Crystal Palace returned to South London with a 3-1 advantage in their Europa Conference League semi-final first leg against Shakhtar Donetsk. Palace, aiming for their second major trophy under manager Oliver Glasner, jumped into the lead after 21 seconds when Ismaila Sarr connected neatly with Jean-Philippe Mateta and slotted the ball into the far corner. This made Sarr the tournament’s leading scorer and the record holder for fastest goal. Immediately after the break, the visitors collapsed after a careless set-piece, with Shakhtar winning first and second contact from a corner and Ole Ocheletko scoring from close range. The pressure increased…

OpenAI takes account security seriously. The company launched Advanced Account Security (AAS) on Thursday. This is an opt-in protection set for ChatGPT users designed for high-value individuals, but available to anyone who wants it. As part of its new program, digital security provider Yubico announced that it is partnering with OpenAI to link two new security key products to ChatGPT accounts. The company said the partnership aims to protect users from phishing, which is considered a growing threat to chatbot users. The two companies will release a pair of “co-branded” YubiKeys called the YubiKey C NFC and YubiKey C Nano.…

CNBC’s Jim Cramer said standards for tech stocks are changing, and beating earnings alone is no longer enough to sustain gains.”When it comes to tech companies, it’s no longer enough to just get ahead and raise money,” the “Mad Money” host said. “You need a shortage. Otherwise, even if you’re one of the big dogs, your stock won’t get much love… reported after tonight’s close.”On Wednesday, four giant tech companies alphabet, Amazon, metaand microsoft — Two of the four stocks fell in after-hours trading after earnings were reported. Kramer said the mixed reactions highlight the market’s emphasis on scarcity over…

Google CEO Sundar Pichai gestures during a meeting with French President Emmanuel Macron on the sidelines of the AI ​​Impact Summit in New Delhi on February 19, 2026.Ludovic Marin | AFP | Getty ImagesWall Street analysts estimate that total AI capital spending could exceed $1 trillion by 2027, following even larger spending plans announced by hyperscalers in Wednesday’s tech results.Both Evercore and Bank of America expect capital spending to exceed $1 trillion in 2027 after reporting their results, with estimates for 2026 rising to between $800 billion and $900 billion.”Capital spending continues to rise as demand exceeds supply and prices…