The 'Fast Money' traders talk Apple having its worst trading day since October.
Apple agreed to settle a Siri privacy lawsuit that alleged privacy violations. The plaintiffs said Siri recorded private conversations when unintentionally activated and shared them with third parties.
Losses from a pair of big-name companies, Apple and Tesla, headlined a broader slide in the stock market Thursday, a rocky start to the year's first trading session after 2023 and 2024's roaring bull market.
Apple reportedly agreed to pay $95 million to settle a privacy lawsuit centered on its voice assistant, Siri. A preliminary settlement was filed Tuesday (Dec. 31) but must be approved by a U.S. district judge, Reuters reported Thursday (Jan. 2).
Apple is offering rare discounts on iPhones in China for the second year in a row. The company faces increased competition in China, where it missed earnings estimates last quarter.
Jason Ware, chief investment officer at Albion Financial Group, joins CNBC's 'Money Movers' to discuss why he's underweight in Nvidia, outlooks on tech in 2025, and more.
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Apple Inc. (NASDAQ: AAPL) wrapped up 2024 on a high note, delivering an impressive 34% annual gain and significantly outperforming the S&P 500 Index's (SPX) 25% return.
Mobile device owners complained that Apple routinely recorded their private conversations after they activated Siri unintentionally, and disclosed these conversations to third parties such as advertisers.
The artificial intelligence (AI) revolution is far from over. Just ask Wedbush Securities' Dan Ives, who's still pounding the table on the AI-driven rally in tech stocks for the new year.
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