Apple has perfectly good reasons for borrowing so much money and is in no danger of defaulting, but Silicon Valley's use of debt to fund dividends could have limits.
The chipmaker's newest server and graphics chips look promising, but Intel and Nvidia aren't standing still, either. Thus it's choosing to guide cautiously.
As talk of fiscal reform gained steam over the last quarter, the biggest hedge funds may be banking on tax cuts as they charged into consumer discretionary stocks.
As announcements made at the Google I/O conference show, the company's AI work touches on dozens of products, and is now often yielding impressive results