Apple pulling out of EV project was the right move, says Wedbush's Dan Ives

Dan Ives, Wedbush Securities analyst, and Gil Luria, D.A. Davidson senior software analyst, joins 'Squawk on the Street' to discuss each analyst's take on Apple's move out of automobiles, any idea ...

Apple Stock Up On Cancelling 2,000 Employee Electric Vehicle Project

Apple killed Project Titan β€” its 10 year effort to build an electric vehicle that cost billions of dollars β€” and will displace about 2,000 workers, according to CNBC.

Will Apple ETFs Gain Momentum After Announcement of AI Project?

Apple Inc. AAPL has decided to cancel its ambitious project to build an electric car, marking the end of a decade-long effort that aimed to revolutionize the automotive industry. The decision was d...

Apple Dumps EV for AI: Play AI ETFs

The cancellation of Apple's electric car project marks a key strategic decision for the company. It opens opportunities for innovation in artificial intelligence.

Meta Turns to LG to Strike Back at Apple Vision Pro, and Other Technology News Today

Meta Platforms CEO Mark Zuckerberg is hoping a deeper relationship with LG Electronics can help stave off Apple's competition in virtual-reality headsets.

2 Navigation Stocks That Continue to Defy Gravity

Global positioning satellite-based (GPS) navigation was once only available through stand-alone GPS devices. Many analysts believed the widespread penetration of smartphone-based GPS navigational a...

Apple Winds Down Car Project, Turns Focus to AI Initiatives

Apple is abandoning plans for a self-driving car, giving up on the dream of selling what one executive called β€œthe ultimate mobile device,” as well as billions in potential revenue. The company is ...

Morning Bid: US tracking 3%+ growth; Apple downshifts, Kiwi surprise

A look at the day ahead in U.S. and global markets from Mike Dolan

Missed Out on Apple? Buy This Essential Supplier Instead

Consumer electronics companies, including Apple, are obliged to invest in new products and, in turn, their production lines. This technology company's solutions help improve manufacturing quality a...

The Market News Today: Apple Drops EV Project for AI Focus

Apple halts its EV project, pivoting thousands of employees to AI development. This strategic move aligns with a rising focus on high-growth tech sectors.

1 "Magnificent Seven" Stock to Buy on the Dip

Investors weren't too pleased with Apple's latest quarterly update. Despite issues in the Chinese market, the company remains the leading smartphone brand.

Apple abandons electric car plans: media

Apple has abandoned its ambitions to produce an electric car, US media reported Tuesday, ending a struggling decade-long project.

From expanding screens to see-through displays: How tech giants are trying to jazz up their gadgets

Gadget makers are experimenting with various types of displays from expandable to bendable screends on their devices to stand out from the crowd.

Apple cancels EV plans

Apple (AAPL) has halted its decade long project to develop an electric car, according to a Bloomberg report. Senior Columnist Rick Newman notes Apple's profit margin on smartphones and software is ...

Apple reportedly ends its longtime plans to build a self-driving EV

Apple Inc. is scrapping an ambitious, decade-long effort to develop an electric car with self-driving capabilities, according to reports Tuesday.


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