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US boosts drone surveillance as flesh-eating screwworms spread in Texas

Hundreds of US government drones have switched from border surveillance to a different surveillance mission this summer—looking for signs of screwworm infestations in wild animals and livestock herds.

The flesh-eating New World Screwworm is the parasitic larva that emerges from eggs laid by flies in the open wounds or body openings of warm-blooded animals and humans, with untreated cases potentially leading to severe injury or death. Since the first screwworm cases were detected in South Texas in June, the US Department of Agriculture and US Customs and Border Protection have been conducting “one of the most extensive animal-health surveillance operations in the country,” the USDA said on August 10 in social media posts on platforms like X and Facebook.

The effort involves at least 200 drones owned by the Department of Homeland Security, which includes the Customs and Border Protection (CBP) agency. But the actual number in use "varies depending on availability and need," a USDA spokesperson told Ars.

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© US Department of Agriculture

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Jennifer Bailey, chefe do Apple Pay e do Wallet, se aposentará

A executiva de longa data Jennifer Bailey, responsável pelo Apple Pay e pelo Apple Wallet, se aposentará após mais de duas décadas na empresa. Ela deixará o cargo de vice-presidente em outubro — e ainda não foi informado quem assumirá sua posição.

Antes de ajudar a lançar o Apple Pay, Bailey foi a vice-presidente responsável pela loja online da empresa. Ela ingressou na Maçã no início dos anos 2000, após passar por diversas empresas de internet.

Eddy Cue, chefe da divisão de serviços da Apple, anunciou a saída dela em um comunicado interno (com tradução nossa abaixo), o qual foi repercutido pelo jornalista Mark Gurman (da Bloomberg).

Após mais de 25 anos na Apple, Jennifer Bailey decidiu se aposentar em outubro. Durante sua trajetória, Jennifer fez contribuições extraordinárias, desde liderar a Apple Store Online em um período de crescimento significativo e expansão global até supervisionar o lançamento do Apple Pay.

Sob a liderança de Jennifer, o Apple Pay transformou a maneira como centenas de milhões de nossos usuários realizam pagamentos, oferecendo uma experiência mais simples, segura e privada. Ela também liderou o desenvolvimento e o crescimento do Apple Wallet, supervisionou o desenvolvimento e o lançamento do Apple Card e comandou nossas iniciativas em prevenção de fraudes e operações com parceiros na área de Serviços, além de Gift Cards e Confiança e Segurança. E essas são apenas algumas de suas realizações.

Em um âmbito pessoal, Jennifer tem sido uma amiga e líder incrível, e sentirei falta de trabalhar com ela.

Por favor, juntem-se a mim para agradecer a Jennifer por suas contribuições incríveis à Apple. Antes da transição de Jennifer, no final de outubro, anunciaremos nosso plano de sucessão, e ela continuará disponível para apoiar o processo em uma função consultiva.

Enquanto continuamos trabalhando em direção à nossa visão de substituir a carteira física, estou mais confiante do que nunca no trabalho que todos nós estamos realizando e aguardo com entusiasmo o futuro promissor que temos pela frente.

Obrigado,

Eddy

A saída de Bailey é considerada uma perda significativa para a Apple, com a percepção de que isso prenuncia uma debandada mais ampla de líderes seniores na faixa dos 60 anos. Isso porque a Apple enfrenta um desafio demográfico: uma geração de executivos do alto escalão está chegando à idade de aposentadoria simultaneamente.

Como já informamos, a diretora jurídica da empresa, Kate Adams, também se aposentará este ano, enquanto a chefe da área ambiental, Lisa Jackson, deixou o cargo no início de 2026.

Josh Rosenstock, diretor sênior de comunicação corporativa que atuava em relações públicas voltadas a finanças e investidores, também está deixando a empresa, segundo Gurman.

Another Apple exit: Josh Rosenstock, spokesman for corporate & financial communications, is leaving after 14 years. He’s helped shape the narrative around Apple & Tim Cook. A loss for Apple PR amid supply crunch, OpenAI suit & CEO change. Will be interesting to see where he goes.

— Mark Gurman (@markgurman) August 11, 2026
Mais uma saída na Apple: Josh Rosenstock, porta-voz de comunicação corporativa e financeira, está deixando a empresa após 14 anos. Ele ajudou a moldar a narrativa em torno da Apple e de Tim Cook. É uma perda para a área de relações públicas da Apple em meio à escassez de suprimentos, ao processo da OpenAI e à mudança de CEO. Será interessante ver qual será o próximo passo dele.

Ademais, o ex-diretor financeiro Luca Maestri e o veterano chefe de marketing Phil Schiller permaneceram na empresa em funções de menor escopo — mas provavelmente estão chegando ao fim de suas trajetórias na companhia.

No mais, a equipe executiva da Apple inclui vários outros líderes que se aproximam da idade tradicional de aposentadoria. O próprio Cue, além de Deirdre O’Brien (chefe de varejo) e Greg Joswiak (chefe de marketing), estão na Apple há cerca de quatro décadas, por exemplo.

Mas sem dúvida nenhuma a mudança mais significativa envolve Tim Cook, que deixará o cargo de CEO 1Chief executive officer, ou diretor executivo. em 1º de setembro, daqui a poucas semanas. Ele será substituído por John Ternus, então chefe da divisão de hardware da empresa.

Notas de rodapé

  • 1
    Chief executive officer, ou diretor executivo.

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Adobe anuncia plugin com mais de 70 recursos para o ChatGPT

A Adobe anunciou hoje o lançamento de um plugin unificado para o ChatGPT, reunindo mais de 70 ferramentas criativas da seu suíte diretamente na interface do chatbot por inteligência artificial (IA) da OpenAI.

O plugin conta com ferramentas de aplicativos da Adobe que já possuíam integração com o ChatGPT, além de novos recursos do Adobe Express, Photoshop, Firefly, Premiere, Acrobat, Lightroom, Illustrator, InDesign e Adobe Stock, permitindo que os usuários possam criar peças publicitárias ou adaptar um vídeo para diferentes redes sociais sem precisar alternar entre aplicativos.

A novidade faz parte da estratégia da Adobe de expandir a compatibilidade dos seus recursos com as ferramentas de IA generativa; em junho, a empresa já havia mencionado que levaria esses recursos inclusive para rivais do ChatGPT, como o Claude. No Copilot, no Gemini e no Slack eles chegarão “em breve”, segundo a empresa.

Big news: a new Adobe plugin is now available in @OpenAI's @ChatGPT! 70+ tools, including @Photoshop, @AdobeFirefly, @Lightroom, and @Acrobat, all in one chat.

Mock up your photos. Repurpose a video for any platform. Turn a template into a polished PDF. Learn more:… pic.twitter.com/I1qrBctKyr

— Adobe (@Adobe) August 6, 2026
Grande novidade: um novo plugin da Adobe já está disponível no @ChatGPT da @OpenAI! Mais de 70 ferramentas — incluindo @Photoshop, @AdobeFirefly, @Lightroom e @Acrobat — reunidas em um único chat.
Crie mockups com suas fotos. Adapte vídeos para qualquer plataforma. Transforme um modelo em um PDF com acabamento profissional. Saiba mais: adobe.ly/3TDrxff

Ainda conforme a desenvolvedora, a novidade foi pensada para “facilitar e agilizar a transformação de ideias em conteúdo de alta qualidade dentro do ChatGPT”, mas a empresa destaca que, para necessidades criativas “mais profundas”, os seus aplicativos nativos seguem sendo a primeira opção.

Questionada pela AI Magazine se o uso dos recursos incorporados ao ChatGPT poderia rivalizar com o uso dos aplicativos nativos, a líder de produtos de IA agêntica da Adobe, Deepti Pradeep, respondeu o seguinte:

Dentro do ChatGPT, a experiência é transformadora: em vez de escolher plugins da Adobe separadamente, os usuários podem experimentar uma única experiência da Adobe que traz o Photoshop, Acrobat, Express e mais juntos.

Nós acreditamos que a consolidação adiciona mais valor aos usuários do ChatGPT. Fora dele, nossos aplicativos nativos permanecem essenciais para um controle mais profundo, preciso e avançado dos fluxos de trabalho.

Para iniciar, é possível utilizar algumas funcionalidades do plugin como convidado, embora a Adobe recomende fazer login com a sua conta para “desbloquear recursos adicionais”.

O plugin da Adobe já está disponível tanto no app quanto na versão web do ChatGPT.

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Apple loses some $400 billion in a single trading day

Apple logo

Apple shares dropped nearly 10% on Friday following a disappointing outlook that highlighted the company’s struggles to secure enough components amid an AI-driven data center boom straining global supply chains.

The decline represents the stock’s worst single-day performance since the pandemic-driven selloff in March 2020. It erases some $400 billion from Apple’s market capitalization and hand the title of the world’s most valuable company back to AI chip leader Nvidia, just days after Apple had reclaimed it.

Outgoing CEO Tim Cook, long regarded as an “Operations Genius,” described the shortages as “very significant” during his final earnings call before transitioning to executive chairman in September, with John Ternus set to succeed him. Cook said Apple had limited options to address the constraints.

“If even at Apple’s scale they are saying they are out of all supply chain flexibility, it’s really bad for everyone,” Ben Bajarin, CEO of tech consultant Creative Strategies, told Reuters.

Big Tech firms have been aggressively securing advanced chip-making capacity and memory chips to fuel AI data centers, driving shortages and higher prices that are expected to shrink both the personal computer and smartphone markets this year.

Apple had previously mitigated some of the impact from rising memory costs by relying on stockpiled inventory. However, Cook noted that this buffer is diminishing, while processor shortages are preventing the company from fully meeting strong demand for iPhones and Macs.

The company’s forecast for the current quarter called for revenue growth of 9% to 11%, falling short of Wall Street’s roughly 12% estimate. Softer growth in the services business also tempered otherwise solid June-quarter results.

Services weakness concerns investors

The slowdown in services raised particular concerns because it occurred alongside a period of robust iPhone sales. Services typically benefit from App Store commissions and include offerings such as Apple Music and the Apple TV streaming service.

Analysts warned that any further pressure on iPhone sales — potentially from expected price increases with the new lineup typically launched in September — could deepen the services softness.

Morgan Stanley analysts noted that Apple’s leverage over the supply chain appears diminished and that AI has not yet provided a clear measurable boost to products or services, with future monetization still uncertain. They added that App Store softness might even stem from AI shifting how customers spend their time.

Some analysts remained more optimistic, pointing out that the iPhone has previously absorbed price hikes without major demand damage. A recent U.S. leasing arrangement with Klarna, offering monthly payment plans for Apple devices, could also help offset higher prices.

At least four brokerages lowered their price targets for Apple shares, while three raised them. The median target moved to $330—$3 below the previous closing price according to LSEG data. The stock had gained 22.7% year-to-date through Thursday’s close.

MacDailyNews Take: For perspective, Chevron is worth $392 billion, Caterpillar: $378 billion, and Oracle: $373 billion. Apple today lost more than Chevron, Caterpillar, or Oracle is worth in their entirety. Overreact much, Mr. Market?

Wild overreactions like this are things of beauty! Embrace and profit from them!

Beloved interns, please Tap That Keg™! Three cheers for today’s AAPL deep, deep discount! Prost, Everyone! 🍻🍻🍻


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Apple slides after supply shortages hurt sales forecast

Apple logo

Apple tumbled in late trading after component shortages weighed on the company’s sales forecast, signaling that industrywide supply constraints are taking a bigger toll than anticipated.

Revenue will rise 9% to 11% in the fiscal fourth quarter, which runs through September, the company said on a post-earnings conference call Thursday. Analysts had estimated growth of more than 12% in the period, which is likely to be the debut quarter for the next iPhone models, Bloomberg News‘ Mark Gurman reports.

Apple has been struggling to secure enough memory chips and computer processors, a situation that forced the company to raise prices on Macs and iPads last month. The supply crunch has also led to extended wait times on key computers like the Mac mini and Mac Studio.

The constraints will affect the iPhone, Mac and iPad in the September quarter, Chief Financial Officer Kevan Parekh said during the call. Currency fluctuations are hampering growth as well, he said.

Apple shares fell about 8% in extended trading following the announcement.

The tech giant’s results also showed weaker-than-expected expansions in China and services, two onetime growth engines. Though total revenue topped estimates, the China sales amounted to $18.8 billion in the fiscal third quarter, well short of the $19.6 billion estimated by analysts.

Services revenue of $30.7 billion also missed expectations of about $31.4 billion.

Chief Executive Officer Tim Cook said constraints would affect more Macs, iPhones and iPads in the current quarter. He likened the memory cost issue to a “100-year flood,” while adding that the chip shortages were fueled by higher-than-expected demand for the iPhone and Mac. He specifically cited consumer interest in the iPhone 17 line and MacBook Neo, a new low-cost laptop.

“This is not a regular supply issue, it’s a demand forecast issue to be candid,” Cook said during the company’s conference call with analysts on Thursday. “We’ve got a quarter ahead where we’ll be scrambling on the supply side.”

Overall, Apple reported fiscal third-quarter revenue of $109.4 billion, up 16% from a year earlier and above estimates, with net income rising to $29.7 billion. iPhone revenue jumped 21.7% to $54.25 billion, while Mac sales rose sharply as well.

MacDailyNews Take: The “disappointing” outlook (if revenue rising 9% to 11% YoY could ever be called “disappointing”) sent AAPL shares down as much as 9.78% in subsequent trading, marking one of the stock’s sharpest declines in more than a year.

If every company is forced to raise prices, and they are, the one with the most affluent customers stands to benefit most. Its buyers can better absorb the higher costs, while users of rival products may rethink their choices based on long-term value and resale potential rather than just the sticker price, helping Apple amass market share in the process.

These sort of irrational haircuts are resplendent gifts that will never stop giving! If you’re in position, take them!


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Apple stock price plummets as supply chain snarls mar forecast in Cook’s final earnings as CEO

Apple stock price plummets as supply chain snarls mar forecast in Cook's final earnings as CEO

Apple shares fell nearly 10% on Friday after a disappointing forecast revealed struggles to secure enough components amid the AI-driven data center boom straining global supply chains, according to Reuters.

The drop, if sustained, would mark the stock’s worst day since the pandemic-driven selloff in March 2020. It would erase nearly $500 billion from Apple’s market capitalization and return the crown of the world’s most valuable company to AI chip giant Nvidia, days after Apple reclaimed it.

Tim Cook, widely hailed as a supply-chain genius, called the shortages “very significant” and said Apple had limited options to address them, speaking on his final earnings call as CEO before handing the reins to John Ternus in September and becoming executive chairman.

“If even at Apple’s scale they are saying they are out all supply chain flexibility, it’s really bad for everyone,” Ben Bajarin, CEO of tech consultant Creative Strategies, told Reuters.

Big Tech has been scooping up advanced chip-making capacity and memory chips to power its AI data centers, sparking shortages and price increases that are expected to shrink both the personal computer and smartphone markets this year.

Apple had cushioned some of the blow from surging memory costs by drawing on stockpiled inventory, but Cook said on Apple’s conference call that the buffer was fading and shortages of processors were keeping it from meeting strong demand for iPhones and Macs.

Its forecast on Thursday for revenue growth of between 9% and 11% in the current quarter fell short of Wall Street’s roughly 12% estimate, and softer growth in its services business also overshadowed otherwise strong June-quarter results.

Services Weakness Worries Investors

The services weakness worried investors as it came during a stretch of strong iPhone sales, which typically feed the business that takes a cut of App Store purchases and includes everything from Apple Music to Apple TV.

That slowdown could deepen if iPhone sales take a hit from a price increase that many analysts expect during the launch of the new lineup, which typically happens in September, the report noted.

“Apple’s leverage over the supply chain appears to be in question and it’s not clear that AI is serving as any measurable tailwind to products or services, with its future monetization impact still uncertain,” Morgan Stanley analysts said, as quoted by Reuters. “In fact, one could argue App Store softness might even be a result of AI re-prioritizing customer time.”

Still, some analysts said that the iPhone has weathered price hikes before without denting demand significantly and that a recent U.S. leasing deal with Klarna that offers monthly plans for Apple’s devices could soften the blow.

At least four brokerages cut their targets for the company’s stock price, while three raised. That moved the median view to $330, which is $3 lower than the last closing price, according to LSEG data cited by Reuters. The stock has risen 22.7% this year as of Thursday’s close.

MacDailyNews Take: It’s always darkest before the dawn. Just one month to go!


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How Climate Change and Tariffs Help China Raise More Cattle

As increased rain makes grasslands and cornfields possible in areas that once were deserts, the world’s largest beef importer is becoming more self-reliant by expanding domestic herds.

© Gilles Sabrié for The New York Times

A herder taking her cows to graze in mountain pastures in northern China’s Hebei Province.
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Apple shares hit new all-time closing and intraday highs

Apple logo

In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $3.17 to $340.08 to hit a new all-time closing high. Apple’s all-time intraday high was also set today at $342.89.

Apple’s 52-week low stands at $201.50.

Today’s trading volume for AAPL shares was 50,765,695 versus Apple’s average trading volume of 55,539,493 shares.

Apple’s PE Ratio currently stands at 41.22.

Apple currently has a market value of $4.995 trillion, making it the world’s most valuable company.

The top five U.S. publicly-traded companies, based on market value:

  1. Apple (AAPL) – $4.995T
  2. NVIDIA (NVDA) – $4.772TT
  3. Alphabet (GOOGL) – $4.081T
  4. Microsoft (MSFT) – $2.922T
  5. Amazon (AMZN) – $2.483T

Selected companies’ current market values:

• SpaceX (SPCX): $1.534T
• Meta Platforms (META): $1.506T
• Tesla (TSLA): $1.214T
• Berkshire Hathaway (BRK-A): $1.100T
• Walmart (WMT): $900.059B
• Advanced Micro Devices (AMD): $741.304B
• Intel (INTC): $435.297B
• Cisco (CSCO): $455.551B
• Netflix (NFLX): $301.428B
• Dell (DELL): $253.594B
• IBM (IBM): $214.326B
• SoftBank (SFTBF): $176.724B
• Disney (DIS): $171.741B
• Sony (SONY): $130.897B
• Spotify (SPOT): $104.260B
• Adobe (ADBE): $99.025B
• Nokia (NOK): $49.992B
• Hewlett-Packard (HPQ): $25.858B
• SiriusXM (SIRI): $10.562B
• BlackBerry (BB): $4.721B
• Sonos (SONO): $2.001B
• Liquidmetal (LQMT): $0.249B
• RealNetworks (RNWK) was delisted from U.S. exchanges on December 21, 2022 and is no longer publicly traded.🍩

Apple all-time high (AAPL) via NASDAQ here.

MacDailyNews Take: To the moon, Alice. To the moon!

On April 20, when Apple announced Tim Cook would be kicked upstairs to be replaced by product guy John Ternus as CEO, AAPL closed at $273.05 after being range-bound all year. Since that announcement, AAPL has surged as high as today’s $342.89. That 25.58% leap in under 90 days highlights just how favorably Apple investors view John Ternus.


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Apple again the World’s Most Valuable Company as shares hit new all-time closing and intraday highs

Apple logo

In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $3.89 to $336.91 to hit a new all-time closing high. Apple’s all-time intraday high was also set today at $339.57.

Apple’s 52-week low stands at $201.50.

Today’s trading volume for AAPL shares was 45,246,885 versus Apple’s average trading volume of 55,382,396 shares.

Apple’s PE Ratio currently stands at 40.79.

Apple currently has a market value of $4.948 trillion, making it the world’s most valuable company.

The top five U.S. publicly-traded companies, based on market value:

  1. Apple (AAPL) – $4.948T
  2. NVIDIA (NVDA) – $4.760T
  3. Alphabet (GOOGL) – $3.994T
  4. Microsoft (MSFT) – $2.890T
  5. Amazon (AMZN) – $2.489T

Selected companies’ current market values:

• Taiwan Semi (TSM): $2.070T
• Tesla (TSLA): $1.221T
• SpaceX (SPCX): $1.495T
• Meta Platforms (META): $1.507T
• Walmart (WMT): $889.236B
• Berkshire Hathaway (BRK-A): $1.069T
• Advanced Micro Devices (AMD): $807.066B
• Intel (INTC): $462.383B
• Cisco (CSCO): $451.570B
• Netflix (NFLX): $293.141B
• SoftBank (SFTBF): $181.397B
• IBM (IBM): $203.765B
• Disney (DIS): $167.816B
• Dell (DELL): $275.606B
• Sony (SONY): $130.897B
• Adobe (ADBE): $94.506B
• Spotify (SPOT): $101.724B
• Nokia (NOK): $51.750B
• Hewlett-Packard (HPQ): $24.281B
• SiriusXM (SIRI): $10.031B
• BlackBerry (BB): $5.005B
• Sonos (SONO): $1.866B
• Liquidmetal (LQMT): $0.248B
• RealNetworks (RNWK) was delisted from U.S. exchanges on December 21, 2022 and is no longer publicly traded.🍩

Apple all-time high (AAPL) via NASDAQ here.

MacDailyNews Take: The natural order has been restored, thanks to growing optimism over incoming CEO John Ternus*. Onward and upward, Cupertino soldiers!

*On April 20, when Apple announced Tim Cook would be kicked upstairs to be replaced by product guy John Ternus as CEO, AAPL closed at $273.05 after being range-bound all year. Since that announcement, AAPL has surged as high as today’s $339.57. That ~24% leap in under 90 days highlights just how favorably Apple investors view John Ternus.


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  •  

Options prices currently imply an almost 4% move for Apple after July 30 earnings report

Stock chart

The U.S. stock market has been stuck in a two-month rut amid rising bond yields and disappointing earnings from Alphabet and Tesla, leaving bulls searching for a catalyst. Apple stands out as the only stock among the ten largest in the S&P 500 trading near an all-time high, CNBC reports.

After months of stagnation, Apple shares have climbed about 20% from their late-June low and recently traded less than two dollars below a fresh record set just over a week earlier. The company is scheduled to report earnings after the closing bell on Thursday.

Options activity reflects traders positioning for continued strength. Big-money participants have been buying in-the-money calls, while speculative interest has focused on a potential move to new highs by Friday, according to trades observed before the market close on Friday and elevated open interest built up over the summer.

Of the roughly $590 million in options premium that changed hands in Apple on Friday, about $442 million was linked to calls, per SpotGamma data. Traders purchased nearly 560,000 calls versus just 332,000 puts, according to ThinkOrSwim figures. Options prices currently imply an almost 4% move for Apple after earnings—an unusually large expected swing compared with the roughly 1% average historical move over the past year, based on Cboe LiveVol data.

“I think the probability is fairly high that Apple could help stabilize the market this week,” Nigam Arora, founder and author of The Arora Report newsletter, told CNBC. “Investors are viewing Apple as a defensive stock because, unlike several of its peers, it isn’t spending hundreds of billions on AI capex.”

The largest single trade Friday involved a new position of $2.6 million in 280-strike calls expiring in mid-August—a bullish, near stock-replacement trade given its high delta.

Among options expiring this Friday, the $320 strike holds the largest open interest, with about 13,000 calls and 5,000 puts outstanding, according to BarChart data. That positioning suggests confidence that last week’s lows will hold even if the reaction to earnings is muted.

By volume on Friday, the most actively traded contract was the 300-strike put (about 7,500 contracts for roughly $374,000 in premium). The second-most popular was the 340-strike call (5,000 contracts totaling about $2.3 million in premium), SpotGamma data show. That call closed at $4.25, meaning buyers would need Apple to rally roughly 3.4% this week to push beyond its all-time high of $335.

MacDailyNews Note: As usual, we’ll have Apple’s earnings results for you as soon as they are released on Thursday, Thursday, July 30th right around 4:30pm EDT / 1:30pm PDT. We’ll follow that with live notes from Apple’s conference call with analysts starting at 5:00pm EDT / 2:00pm PDT.


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  •  

Apple stock surges over 3% on analyst upgrades, China AI approval, and pre-earnings optimism

Stock chart

Apple shares surged roughly 3.53% on Friday, closing at $333.02 after closing the prior day at $321.66. This moved the stock closer to recent record highs and pushed its market cap at $4.891 trillion.

Main drivers

Several factors appear to have fueled the move amid a mixed-to-weaker broader market (with pressure on some chip and other tech stocks):

• Analyst support and price target increases: Multiple firms issued positive notes. Robert W. Baird raised its target to $330 from $310 (Outperform). Morgan Stanley lifted its target to $364 from $360 (Overweight), citing expectations that fiscal Q3 results (due July 30) could modestly beat consensus. HSBC upgraded to Buy with a $366 target. These reinforced confidence in Apple’s fundamentals ahead of earnings.

• Apple Intelligence progress in China: Reports of successful regulatory registration/approval for Apple’s generative AI features in China (partnering with local firms such as Alibaba’s Tongyi Qianwen as a core model and Baidu secondarily) boosted sentiment. China remains a key market, and clearer access for on-device AI features is viewed as a meaningful long-term positive for services and hardware demand.

• AI strategy and pre-earnings optimism: Investors continue to favor Apple’s relatively capital-efficient, on-device AI approach (lower data-center spending than many peers). This has helped the stock outperform in recent weeks even as other big tech names face higher capex scrutiny. Anticipation of the July 30 earnings report (consensus roughly around $1.88–$1.89 EPS and ~$109 billion revenue, with solid year-over-year growth expected) added to the buying interest.

Recent product-cycle optimism (including the broader Mac refresh pipeline reported earlier in the week) and Apple’s overall ecosystem strength have provided a supportive backdrop, but today’s jump was more directly tied to the analyst actions, China AI milestone, and earnings positioning.

MacDailyNews Take: Stock moves can reverse quickly, and no single factor is ever the sole cause. Apple has not issued company-specific news today that appears to be the primary catalyst. Earnings on July 30th, whcih we will, as usual cover with live notes, will be Apple’s next major test.


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BofA bullish on Apple: Expects earnings beat on July 30 and reiterates $380 price target

Apple logo

Bank of America expects Apple to surpass Wall Street expectations when it reports fiscal third-quarter results on July 30, marking Tim Cook’s final earnings call as CEO.

In a note released Monday, BofA analyst Wamsi Mohan maintained a Buy rating on the stock and a $380 price target. The firm is modeling revenue of $109 billion and earnings per share (EPS) of $1.89, comfortably ahead of consensus estimates of $108 billion in revenue and $1.87 in EPS. That would represent approximately 16% year-over-year revenue growth, exceeding Apple’s own guidance range of 14-17%.

Investor attention heading into the report is likely to focus on three key areas: component cost inflation, the durability of gross margins, and the implications of Cook’s departure from the CEO role.

BofA noted that product gross margins are expected to decline sequentially in both the June and September quarters due to the staggered launch schedule of the next iPhone lineup. Pro, Pro Max, and Fold models are slated for September, while the base model and Air are not expected until March. The firm views the near-term margin pressure as “transitory,” forecasting a rebound to 38.5% in the December quarter as the new devices launch at higher prices.

On the services side, BofA projects 14% year-over-year growth in the third quarter. While App Store revenue growth has slowed to 3.2% from 9.8% in the previous quarter, the firm anticipates strength in iCloud and Licensing to more than offset the slowdown.

MacDailyNews Note: Looking further ahead, the bank adopted a more cautious stance for the second half of calendar 2026. It modeled fourth-quarter revenue at $106 billion and EPS at $1.88, below Street forecasts of $114 billion and $2.01, citing potential volatility from the new split iPhone launch cadence.

Despite the tempered longer-term outlook, BofA’s overall message remains positive, reinforcing confidence in Apple’s ability to deliver a solid beat in the upcoming report.


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Apple shares hit new all-time closing and intraday highs

Apple logo

In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $0.48 to $333.74 to hit a new all-time closing high. Apple’s all-time intraday high was also set today at $334.98.

Apple’s 52-week low stands at $201.50.

Today’s trading volume for AAPL shares was 63,196,563 versus Apple’s average trading volume of 54,686,906 shares.

Apple’s PE Ratio currently stands at 40.40.

Apple currently has a market value of $4.902 trillion, making it the world’s second-most valuable company.

The top five U.S. publicly-traded companies, based on market value:

  1. NVIDIA (NVDA) – $4.912T
  2. Apple (AAPL) – $4.902T
  3. Alphabet (GOOGL) – $4.231T
  4. Microsoft (MSFT) – $2.925T
  5. Amazon (AMZN) – $2.659T

Selected companies’ current market values:

• Taiwan Semi (TSM): $2.252T
• Tesla (TSLA): $1.488T
• Meta Platforms (META): $1.695T
• Berkshire Hathaway (BRK-A): $1.087T
• Walmart (WMT): $906.425B
• Advanced Micro Devices (AMD): $909.696B
• Intel (INTC): $552.056B
• Cisco (CSCO): $473.938B
• Netflix (NFLX): $310.883B
• SoftBank (SFTBF): $220.206B
• IBM (IBM): $275.786B
• Dell (DELL): $254.787B
• Disney (DIS): $166.045B
• Sony (SONY): $122.428B
• Adobe (ADBE): $90.177B
• Spotify (SPOT): $98.65B
• Nokia (NOK): $69.447B
• Hewlett-Packard (HPQ): $20.961B
• SiriusXM (SIRI): $9.937B
• BlackBerry (BB): $6.06B
• Sonos (SONO): $1.727B
• Liquidmetal (LQMT): $0.181B
• RealNetworks (RNWK) was delisted from U.S. exchanges on December 21, 2022 and is no longer publicly traded.🍩

Apple all-time high (AAPL) via NASDAQ here.

MacDailyNews Take: To the moon, Alice. To the moon!


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Apple shares hit new all-time closing and intraday highs

Stock chart

In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $5.76 to $333.26 to hit a new all-time closing high. Apple’s all-time intraday high was also set today at $334.68.

Apple’s 52-week low stands at $201.50.

Today’s trading volume for AAPL shares was 59,624,981 versus Apple’s average trading volume of 54,664,537 shares.

Apple’s PE Ratio currently stands at 40.40.

Apple currently has a market value of $4.895 trillion, making it the world’s second-most valuable company.

The top five U.S. publicly-traded companies, based on market value:

  1. NVIDIA (NVDA) – $5.023TT
  2. Apple (AAPL) – $4.895T
  3. Alphabet (GOOGL) – $4.325T
  4. Microsoft (MSFT) – $2.980T
  5. Amazon (AMZN) – $2.688T

Selected companies’ current market values:

• Taiwan Semi (TSM): $2.109T
• Meta Platforms (META): $1.683T
• Tesla (TSLA): $1.469T
• Berkshire Hathaway (BRK-A): $1.055T
• Walmart (WMT): $913.508B
• Advanced Micro Devices (AMD): $816.833B
• Dell (DELL): $253.543B
• Intel (INTC): $487.421B
• Cisco (CSCO): $431.883B
• Netflix (NFLX): $313.073B
• SoftBank (SFTBF): $223.341B
• IBM (IBM): $206.051B
• Disney (DIS): $173.009B
• Sony (SONY): $124.819B
• Spotify (SPOT): $98.404B
• Adobe (ADBE): $93.544B
• Nokia (NOK): $57.897B
• Hewlett-Packard (HPQ): $22.077B
• SiriusXM (SIRI): $10.54B
• BlackBerry (BB): $5.357B
• Sonos (SONO): $1.679B
• Liquidmetal (LQMT): $0.135B
• RealNetworks (RNWK) was delisted from U.S. exchanges on December 21, 2022 and is no longer publicly traded.🍩

Apple all-time high (AAPL) via NASDAQ here.

MacDailyNews Take: Onward amd upward, Cupertino soldiers!


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  •  

Apple shares hit new all-time closing and intraday highs

Apple logo

In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $12.64 to $327.50 to hit a new all-time closing high. Apple’s all-time intraday high was also set today at $328.72.

Apple’s 52-week low stands at $201.50.

Today’s trading volume for AAPL shares was 58,741,821 versus Apple’s average trading volume of 54,375,570 shares.

Apple’s PE Ratio currently stands at 39.70.

Apple currently has a market value of $4.810 trillion, making it the world’s second-most valuable company.

The top five U.S. publicly-traded companies, based on market value:

  1. NVIDIA (NVDA) – $5.147T
  2. Apple (AAPL) – $4.810T
  3. Alphabet (GOOGL) – $4.526T
  4. Microsoft (MSFT) – $2.939T
  5. Amazon (AMZN) – $2.743T

Selected companies’ current market values:

• Taiwan Semi (TSM): $2.195T
• Meta Platforms (META): $1.667T
• Tesla (TSLA): $1.483T
• Berkshire Hathaway (BRK-A): $1.073T
• Walmart (WMT): $913.03B
• Advanced Micro Devices (AMD): $871.377B
• Intel (INTC): $518.281B
• Cisco (CSCO): $469.977B
• IBM (IBM): $273.502B
• Dell (DELL): $275.78B
• Netflix (NFLX): $310.925B
• SoftBank (SFTBF): $218.098B
• Disney (DIS): $166.688B
• Sony (SONY): $122.34B
• Spotify (SPOT): $99.839B
• Adobe (ADBE): $91.669B
• Nokia (NOK): $65.958B
• Hewlett-Packard (HPQ): $22.653B
• SiriusXM (SIRI): $10.487B
• BlackBerry (BB): $6.286B
• Sonos (SONO): ~$1.98B
• Liquidmetal (LQMT): ~$0.135B
• RealNetworks (RNWK) was delisted from U.S. exchanges on December 21, 2022 and is no longer publicly traded.🍩

Apple all-time high (AAPL) via NASDAQ here.

MacDailyNews Take: Gaudy (yet still woefully undervalued)! To the moon, Alice. To the moon!


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The post Apple shares hit new all-time closing and intraday highs appeared first on MacDailyNews.

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Apple shares hit new all-time closing and intraday highs

Apple logo

In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $1.99 to $317.31 to hit a new all-time closing high. Apple’s all-time intraday high was also set today at $323.45.

Apple’s 52-week low stands at $201.50.

Today’s trading volume for AAPL shares was 41,376,714 versus Apple’s average trading volume of 54,682,654 shares.

Apple’s PE Ratio currently stands at 38.42.

Apple currently has a market value of $4.660 trillion, making it the world’s second-most valuable company.

The top five U.S. publicly-traded companies, based on market value:

  1. NVIDIA (NVDA) – $4.930T
  2. Apple (AAPL) – $4.660T
  3. Alphabet (GOOGL) – $4.302T
  4. Microsoft (MSFT) – $2.904T
  5. Amazon (AMZN) – $2.660T

Selected companies’ current market values:

• Taiwan Semi (TSM): $2.195T
• SpaceX (SPCX): $1.833T
• Tesla (TSLA): $1.483T
• Meta Platforms (META): $1.667T
• Berkshire Hathaway (BRK-A): $1.073T
• Walmart (WMT): $913.03B
• Advanced Micro Devices (AMD): $871.377B
• Intel (INTC): $518.281B
• Cisco (CSCO): $469.977B
• Netflix (NFLX): $310.925B
• IBM (IBM): $273.502B
• Dell (DELL): $275.78B
• SoftBank (SFTBF): $218.098B
• Disney (DIS): $166.688B
• Sony (SONY): $122.34B
• Spotify (SPOT): $99.839B
• Adobe (ADBE): $91.669B
• Nokia (NOK): $65.958B
• Hewlett-Packard (HPQ): $22.653B
• SiriusXM (SIRI): $10.487B
• BlackBerry (BB): $6.286B
• Sonos (SONO): ~$1.98B
• Liquidmetal (LQMT): ~$0.135B
• RealNetworks (RNWK) was delisted from U.S. exchanges on December 21, 2022 and is no longer publicly traded.🍩

Apple all-time high (AAPL) via NASDAQ here.

MacDailyNews Take: To the moon, Alice. To the moon!


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Apple emerges as the ultimate defensive play in an AI-driven market

Apple Park in Cupertino, California
Apple Park in Cupertino, California

While many Big Tech peers chase high-risk AI growth, Apple stands out for its stability and resilience. The company is projected to grow free cash flow in 2026 — a rarity among its counterparts — positioning its stock as a defensive haven traditionally reserved for consumer staples, utilities, and healthcare names.

Nate Wolf for Barron’s:
‎

“No one admits they like or want to buy more AAPL,” Mizuho Securities analyst Jordan Klein wrote Friday. “But I get why more folks [are] looking at AAPL as a hedge or long idea.”

“Analysts estimate Meta Platforms, Oracle, and Amazon will have negative free cash flow in 2026 because of their AI investments. Meanwhile, Apple is expected to produce $143 billion in free cash flow, up from $109 billion last year, per FactSet. Its capital expenditures will likely decline in 2026.

“[Apple] has definitely been out of favor, but carries a lot less direct near-term execution risk,” Klein wrote.”

But Apple is one of the few high-profile tech names that isn’t a primary consumer or supplier of AI compute, and that differentiation has value… If Apple’s share price is any indication, plenty of investors want to keep at least some money away from the AI trade.

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MacDailyNews Take: As we wrote back on February 18 when Apple shares closed at $264.11 ($50 per share ago):

Just wait until Apple begins to release Apple Intelligence features underpinned with — but privacy-protected from — Google Gemini and things like Siri begin to actually work as well as, or even better than, people expect them to work in 2026. The sky’s the limit for Apple stock!


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How H5N1 Bird Flu Went Undetected for Weeks in Dairy Cattle

In early 2024, a baffling outbreak of H5N1 avian influenza emerged among dairy cattle in the Texas Panhandle, presenting a new and unexpected clinical manifestation of the virus. Unlike the typical respiratory illness caused by H5N1 in other mammals, affected cows exhibited severe necrotizing mastitis, an inflammatory condition predominantly targeting the mammary glands. This atypical tissue tropism challenged existing paradigms and delayed the accurate diagnosis, as initial veterinary investigations focused mainly on bacterial pathogens common to mastitis. The revelation that H5N1 was the etiological agent marked a critical moment in understanding how influenza viruses can adapt to novel hosts and tissues.

The study, recently published in Science Advances by researchers at the University of Pittsburgh School of Public Health, provides pioneering mechanistic insights into this unusual manifestation. The research team, led by Dr. Suresh Kuchipudi, elucidated the molecular basis for the H5N1 virus’s propensity to infect bovine mammary tissue rather than respiratory organs. This phenomenon, now observed in over 100 avian and mammalian species globally, underscores the remarkable plasticity of the H5N1 virus and its ability to exploit unique receptor architectures in different host species.

Traditionally, H5N1 and related influenza viruses target sialic acid glycan receptors present in the respiratory tract, facilitating viral entry primarily via respiratory epithelial cells. However, in bovines, the absence of clinical respiratory disease despite the presence of these glycans suggested a more nuanced receptor interaction paradigm. Kuchipudi’s group hypothesized that not just the presence but the precise molecular subtype and distribution of influenza receptors could dictate tissue tropism. Their investigation focused on delineating the receptor landscape across bovine tissues using cutting-edge glycomic methods combined with binding assays and ultra-high-resolution microscopy.

The team employed glycomics—a comprehensive approach to cataloging glycan structures—collaborating with expert Dr. Lauren E. Pepi from Harvard Medical School. They identified that among various glycan receptors, only a particular subclass known as N-linked sialic acid receptors demonstrated a high affinity for the H5N1 virus. Crucially, these receptors were found to be prevalent and densely expressed in the mammary epithelial cells of the udder but conspicuously scarce in bovine airway tissues. This spatial receptor distribution offers a molecular explanation for the virus’s unusual targeting of the mammary gland, enabling productive viral replication and resulting clinical mastitis.

The discovery sheds light on the critical role of receptor architecture in species-specific influenza virus infection. Prior reports indicated the presence of flu-related glycans in bovine respiratory tissues, but those receptors did not support significant viral binding or replication. The differential receptor expression patterns in respiratory versus mammary tissues effectively reprogrammed the virus’s tissue tropism. This specialization allows H5N1 to hijack the bovine mammary environment as a niche, explaining why infected cattle shed the virus in milk rather than displaying respiratory symptoms.

Beyond animal health, this finding carries important public health implications. The intense viral shedding into milk poses a risk to farm workers exposed to raw milk and raises concerns regarding zoonotic transmission routes. Dr. Kuchipudi points out that while pasteurization effectively neutralizes the virus, the common practice of feeding raw milk to domestic pets, notably cats, can facilitate cross-species transmission. Indeed, previous studies documented feline fatalities linked to H5N1 infection. This highlights the hidden dangers of viral reservoirs in dairy cattle and underscores the need for enhanced surveillance and biosecurity protocols within agricultural settings.

Methodologically, the study stands out for its innovative multimodal approach. The integration of high-precision receptor mapping with functional binding experiments allowed researchers to move beyond conventional histochemical staining. This enabled a granular understanding of the receptor types mediating viral entry, paving the way for predictive models of viral host and tissue susceptibility. By decoding the receptor landscape at this molecular scale, the research team demonstrated an unprecedented ability to identify viral tropism determinants, which could serve as early warning indicators for emergent influenza strains.

Looking forward, these insights form the foundation for a new paradigm in influenza research and surveillance. Scientists can now preemptively screen various animal species—not just for the presence of virus-compatible receptors but for specific tissue vulnerabilities within those hosts. This capability is transformative for anticipating how H5N1 and related viruses might manifest clinically, whether through respiratory symptoms, mastitis-like conditions, or neurological involvement, as previously seen in felines. Such proactive screening could revolutionize public health responses, affording precious time to deploy targeted interventions and prevent widespread outbreaks.

The implications of receptor-based viral tropism extend beyond livestock to potential future zoonoses affecting humans. Understanding the molecular basis of host adaptation provides critical clues into viral evolution and spillover risk. This knowledge also informs vaccine development and therapeutic strategies by highlighting tissue-specific pathways of viral entry and replication. As zoonotic influenza viruses continue to adapt, harnessing receptor glycomics will be vital for staying ahead of viral evolution and protecting both animal and human health.

The study was a collaborative effort involving multiple institutions and experts, including contributors from Pennsylvania State University, Harvard University, and North Dakota State University. Their combined expertise spanned infectious diseases, glycomics, virology, and veterinary medicine, enabling a comprehensive and multidisciplinary approach. Supported by the U.S. Department of Agriculture’s National Institute of Food and Agriculture and Pitt Public Health, this research exemplifies how fundamental science can directly inform and improve agricultural biosecurity and zoonotic disease preparedness.

Ultimately, this investigation marks a significant milestone in understanding influenza virus host adaptation. By revealing the receptor basis for the bovine-specific tissue tropism of H5N1, the study not only clarifies an enigmatic veterinary health issue but also establishes a versatile scientific framework for future viral threat assessment. As influenza viruses continue to evolve in complex ecological contexts, such mechanistic insights will be indispensable tools to foresee their next unexpected moves and mitigate their impact on global health.


Subject of Research: Animals
Article Title: Receptor Basis of Unusual Tissue Tropism of Avian Influenza H5N1 Clade 2.3.4.4b Virus in Cattle
News Publication Date: 19-Jun-2026
Web References: https://doi.org/10.1126/sciadv.aea2068
Image Credits: Department of Infectious Diseases and Microbiology, School of Public Health, University of Pittsburgh
Keywords: Avian influenza, Glycomics, Public health, Viruses

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