From Nasdaq: 2025-02-12 09:21:00

Shares of Apple Inc. rose 2.2% after news of a partnership with Alibaba to develop AI features for Chinese iPhone users. Tesla Inc. shares fell 6.3% as Elon Musk made a $97.4 billion bid for OpenAI. Coca-Cola’s shares surged 4.7% on beating Q4 earnings estimates, while Shopify’s rose 3.1% on exceeding revenue expectations.

Zacks has identified a top semiconductor stock, 1/9,000th the size of NVIDIA, with strong growth potential in AI, ML, and IoT. The global semiconductor market is projected to reach $803 billion by 2028. Get the latest recommendations from Zacks Investment Research for the next 30 days. See free stock analysis reports for Apple, Coca-Cola, Tesla, and Shopify.



Read more at Nasdaq: Company News for Feb 12, 2025