Explore the latest developments concerning Tech stocks today:.
Tech stocks today: Apple foldable iPhone on track for release later this year, Broadcom stock rises
Tech stocks surged on Wednesday after President Trump announced a two-week ceasefire with Iran.
The hostilities in the Middle East have weighed on tech stocks for weeks, clouding the picture of whether investors are pulling back because of the war or because of sentiment toward Big Tech more generally.
Apple (AAPL) stock climbed on Wednesday after Bloomberg reported that the iPhone maker’s foldable smartphone remained on track for its September release.
On the AI front, Broadcom (AVGO) expanded its collaboration with Google (GOOG) to supply the Big Tech company with custom chips and networking and agreed to provide additional compute capacity to Anthropic (ANTH.PVT).
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