HomeIndustriesA.I.AAPL to Invest $500B in U.S. & BABA Pours $52B into A.I.
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AAPL to Invest $500B in U.S. & BABA Pours $52B into A.I.

AAPL to Invest $500B in U.S. & BABA Pours $52B into A.I.

Substantial investment totals into the A.I. space headline early Monday movers: Apple (AAPL) and Alibaba (BABA). Apple pledged half a trillion dollars in U.S. expansion plans, including A.I. and Silicon innovation. Meanwhile, Chinese company Alibaba — fresh off of 52-week highs — commits to spending $52B to ramp up its A.I. and Cloud infrastructure. Kevin Green examines the big capex spending from both companies.

Morning Movers

24 Feb 2025

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