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Technology 13 May 2026 - 14 May 2026

Apple Backs Google in EU AI Fight as iPhone Rules Loom

Apple Backs Google in EU AI Fight as iPhone Rules Loom

Apple is backing Google in a dispute with the European Union over AI access, cautioning that proposed rules requiring deeper Android integration with competing AI services may compromise security for users and devices. The warning was delivered in a submission to the European Commission, as officials in Brussels gathered input on Digital Markets Act provisions targeting Alphabet’s Google.
Enovix Stock Drops After Q1 Beat as Smartphone Battery Tests Stay Unfinished

Enovix Stock Drops After Q1 Beat as Smartphone Battery Tests Stay Unfinished

Enovix stock tumbled 12.9% to $6.35 in after-hours action Wednesday, according to Google Finance, despite the battery maker turning in first-quarter numbers that topped estimates. Earlier, shares had gained 4.6% to finish the session at $7.29. Investors, though, didn’t get a firm timeline on when Enovix’s smartphone batteries would be cleared for use.
KULR Stock Jumps as 300-Bitcoin Coinbase Transfer Tests Its Treasury Bet

KULR Stock Jumps as 300-Bitcoin Coinbase Transfer Tests Its Treasury Bet

KULR Technology Group Inc. was back in the spotlight Wednesday after blockchain analytics account Lookonchain flagged a deposit of 300 bitcoin—worth roughly $24.36 million—by the company into Coinbase Prime, the exchange’s institutional platform. According to Lookonchain, KULR “appears to be selling” BTC, market parlance for bitcoin, though they also noted that simply moving coins to a prime broker like Coinbase Prime doesn’t confirm a sale.)
US Stocks Hit Fresh Records as Chip Rally Overpowers Hot Inflation Shock

US Stocks Hit Fresh Records as Chip Rally Overpowers Hot Inflation Shock

Chipmakers and AI stocks sent the S&P 500 and Nasdaq Composite surging to new closing highs Wednesday, shrugging off a hotter inflation print that rattled some nerves. The S&P 500 tacked on 0.58% to finish at 7,444.14, with the Nasdaq advancing 1.21% to 26,404.74. Dow Jones Industrial Average lagged behind, sliding 0.13% to 49,693.63, according to preliminary figures.
AI Stocks Today: Nvidia Leads Chip Rally as Hot Inflation Tests the Trade

AI Stocks Today: Nvidia Leads Chip Rally as Hot Inflation Tests the Trade

On Wednesday, U.S. AI stocks climbed, with Nvidia leading the charge as chipmakers bounced back. Investors continued piling into firms most exposed to artificial-intelligence infrastructure, shrugging off a hotter-than-expected inflation reading that put a dent in hopes for imminent Fed rate cuts. The S&P 500 added 0.57%; the Nasdaq Composite was up 1.12%. The Dow went the other way, according to Reuters.
Apple Inc’s $4.4 Trillion Fight: EU AI Rules, China Talks and a Stock Near $300

Apple Inc’s $4.4 Trillion Fight: EU AI Rules, China Talks and a Stock Near $300

Apple Inc. jumped into Europe’s battle with Alphabet’s Google on Wednesday, flagging EU draft rules that would force Android to open up to competing AI services. Apple, in a filing seen by Reuters, labeled the draft an “urgent and serious concern” and warned it could bring “profound risks” for users and devices. “The EC is redesigning an OS,” Apple argued, referring to operating system.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Xylem

NYSE: XYL 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY ON WEAKNESS

Visa

NYSE: V 90 / 100
#4 TACTICAL BUY

Chevron

NYSE: CVX 87 / 100
#5 ACCUMULATE

UPS

NYSE: UPS 84 / 100
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Editorial model selection. Not personalised advice.