• AAPL ahead of earnings: traders watch iPhone demand, memory-costs' effect on margins, consumer spending and company guidance for signals on near-term revenue and margin forecasts.
  • Apple developing a server chip based on M5 Ultra and planning a higher-performance M7 Ultra; extended Broadcom partnership through 2031 to produce over 15 billion U.S.-made chips, deal >$30B
  • Apple will add Alibaba’s Qwen and Baidu AI to Apple Intelligence across iOS, iPadOS, macOS and visionOS for China-only users; no rollout date provided.
  • Apple has talked with bankers about buying chip startups to strengthen AI server processors after facing performance issues with M2 Ultra–based AI servers and delays on internal project Baltra.
  • Apple Intelligence, built with Google help, got positive early user feedback and will integrate across iPhone, AirPods and Apple Watch — relevant for AAPL traders tracking product-driven demand.
  • Court dismissed 2024 class-action against Apple over iCloud, citing Section 230; suit by ~2,680 plaintiffs seeking up to $32.8B dismissed with prejudice; plaintiffs may appeal.
  • Apple sued OpenAI and ex-employees Chang Liu and Tang Tang over alleged theft of confidential Apple hardware info; talks stalled after a misdirected email; OpenAI disputes lack of response.
  • AAPL: iOS 27 beta upgrades Siri to read on-device messages, images and emails and interpret screen content; final iOS 27 release planned for September.