Apple’s upcoming CEO, Warsh’s approval hearing, the rise in psychedelic stocks, and additional updates in Morning Squawk.
Good Tuesday morning! Today at 8:30 a.m. ET, President Donald Trump is set to have a live interview on CNBC’s “Squawk Box.” You can catch it live on CNBC or CNBC+. In the meantime, stock futures are showing signs of recovery after a recent downturn in the market. Here are five key points investors should […]
Who is John Ternus, poised to take over as Apple’s next CEO after Tim Cook?
Apple’s senior vice president of hardware engineering, John Ternus, is set to take over as CEO later this year. This announcement comes as current CEO Tim Cook revealed on Monday that he would be stepping down. Cook is transitioning to the role of executive chairman of the board. The company characterized this shift as the […]
Tim Cook Reveals Departure as Apple’s CEO
Tim Cook to Transition from CEO to Chairman of Apple On Monday, Apple Inc. announced that Tim Cook will step down as CEO, handing over the reins to John Ternus, who will become the new CEO while Cook transitions into the role of chairman. During his time as CEO, Cook led the company through significant […]
Famous Musician Loses Entire Life Savings to Malicious Crypto Wallet in Apple’s App Store
Musician G. Love Loses Life Savings to Fake App Musician G. Love recently lost his life savings after downloading a fraudulent Ledger Live app from Apple’s Mac App Store. According to a post on his social media account, about 5.92 Bitcoins, valued around $424,000, were stolen through nine transactions directed to an address on KuCoin, […]
Philadelphia Musician G. Love Loses Nearly 6 BTC to Fake Ledger Wallet App on Apple’s App Store
G. Love Falls Victim to Bitcoin Hack Key Points: Musician G. Love lost 5.92 BTC, equivalent to $424,175, after downloading a fraudulent Ledger app from the Apple Mac App Store on April 11, 2026. On-chain investigator ZachXBT found that the stolen Bitcoin was laundered through deposits on Kucoin. Ledger has cautioned users to only download […]
America First Legal Requests Antitrust Inquiry into Apple’s ‘Unfair’ Agreement with OpenAI
Concerns Over Apple and OpenAI’s Exclusive Deal The America First Legal Foundation is urging Senator Chuck Grassley (R-Iowa) and Representative Jim Jordan (R-Ohio) to look into what they perceive as anti-competitive agreements that have made ChatGPT the sole generative AI chatbot in Apple products, including the iPhone. Gene Hamilton, president of the America First Legal […]
Forecast: These 2 Stocks Could Surpass Apple’s Value in Ten Years
Amazon and Meta: Challengers to Apple’s Market Dominance With a market cap of $3.7 billion, Apple holds the position of the second most valuable company globally. It consistently ranks among the top players in the market. While Apple seems stable, other tech companies are making waves and could shift the balance. For instance, “Magnificent Seven” […]
The iPhone’s spirit: Michael Saylor’s views on how bitcoin resembles Apple’s famous ‘valley of despair’
Michael Saylor’s Perspective on Bitcoin and Apple’s Journey Michael Saylor is encouraging Bitcoin holders to reflect on a comparison with Apple—not the Apple of today, but the Apple back in 2013. At that time, Apple’s stock had plummeted 45% from its peak, trading at a price-to-earnings ratio of under 10x, and it appeared to be […]
George Orwell Would Be Disturbed by Apple’s Billion-Dollar Dystopian Purchase
It’s hard to imagine that this is what Steve Jobs envisioned when he started Apple, but perhaps it’s closer to what George Orwell anticipated years ago. On January 29, Apple revealed its acquisition of Q.ai, an obscure Israeli startup, for roughly $2 billion. That’s a significant valuation, which raises eyebrows. From what I gather, Q.ai’s […]
Gene Munster States That Apple’s Lackluster Stock Response to Strong Earnings Is Due to One Factor: Investors Desire More AI Substance
Apple Surprises with Earnings but Faces AI Skepticism Even though Apple surpassed expectations with its latest earnings report and provided optimistic guidance, its stock barely moved. Investors are looking for tangible proof that artificial intelligence will significantly contribute to future growth. For the first fiscal quarter, Apple reported revenues of $143.76 billion, exceeding Wall Street’s […]