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Thursday

  9. Cailian Press

    The Most Ironic Scene Amid the AI Wave: Apple Does Not Contend, So No One in the World Can Contend With It?

    Apple's stock bucked the trend on Monday, rising more than 1% to a record high of $336.91, with a market value of about $4.93 trillion, overtaking Nvidia ($4.78 trillion), which plunged nearly 5% that day, and reclaiming the title of the world's most valuable listed company. Apple has outperformed the Nasdaq 100 by 23 percentage points so far in July, its largest monthly excess gain since 2005, as investors view its restrained AI spending as an advantage. Apple pays Google only about $1 billion a year in licensing fees to use a customized Gemini model for Siri upgrades.

    Apple's stock bucked the trend on Monday, rising more than 1% to a record high of $336.91, with a market value of about $4.93 trillion, overtaking Nvidia ($4.78 trillion), which plunged nearly 5% that day, and reclaiming the title of the world's most valuable listed company. Apple has outperformed the Nasdaq 100 by 23 percentage points so far in July, its largest monthly excess gain since 2005, as investors view its restrained AI spending as an advantage. Apple pays Google only about $1 billion

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    #chinese#Industry news#OpenAI#Google

Wednesday