Tech Giants Dominate Retail Traders' Attention with Foldable iPhone, AI Investments
Apple's latest foldable iPhone Duo, priced at $1,999, captured retail traders' attention last week. The company also increased prices for its Pro models due to higher component costs. Apple CEO John Ternus showcased the device's crease-free internal display and improved multitasking capabilities.
Nvidia is reportedly considering a multibillion-dollar investment in Anthropic's initial public offering, which could strengthen its relationship with one of the most prominent developers of foundation models.
Oracle raised its fiscal 2027 outlook after signing more than $30 billion in new AI cloud deals. The company also completed a previously announced $20 billion stock sale during the quarter.
Nokia introduced Cognitive Operations, an AI-focused platform aimed at demanding environments such as mining and defense. The offering combines Nokia's hardware with GPU-based computing and Microsoft Azure connectivity.