Naomi Buchanan

Key Takeaways Nvidia shares lost ground Wednesday, extended Tuesday's losses following reports the U.S. Department of Justice (DOJ) sent subpoenas to the chipmaker as part of an antitrust investigation. The decline in Nvidia's stock price also comes after the chipmaker's sales forecast may have fallen short of investors'lofty expectations, despite beating analysts'estimates.

Loren Elliott / Bloomberg / Getty Images More Key Takeaways

Key Takeaways Apple's "It’s Glowtime" event will take place Monday, Sept. 9, with analysts expecting the company to unveil the iPhone 16 supercharged with artificial intelligence (AI). Apple is expected to release the iPhone 16, the iPhone 16 Plus, the iPhone 16 Pro, and the iPhone 16 Pro Max, with the new models featuring upgrades to the battery and displays.

Costfoto / NurPhoto / Getty Images Key Takeaways Apple's "It's Glowtime" event will take place Monday, Sept. 9, with analysts

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Key Takeaways Nvidia's stock price gained Thursday as Bank of America analysts said near-term headwinds could offer an "attractive opportunity" for investors to buy. Nvidia shares tumbled earlier in the week amid concerns about the chipmaker's outlook and following reports that U.S. regulators sent the company subpoenas, though Nvidia denied the reports. Bank of America analysts called Nvidia their "top sector pick" despite near-term headwinds, citing the company's longer-term potential for AI-driven growth.

Key Takeaways Most Wall Street analysts are bullish on Apple stock ahead of the "It's Glowtime" iPhone 16 launch event on Monday, Sept. 9. The company is expected to unveil the iPhone 16 supercharged with artificial intelligence (AI) together with Apple's next-generation AirPods and Apple Watch.

Apple will hold an event on Monday where it's expected to unveil the highly anticipated iPhone 16 supercharged with artificial intelligence (AI). New devices and the integration of Apple Intelligence would benefit the iPhone maker, but Apple's stock price could decline on the day of the event, Morgan Stanley analysts suggested.

CFOTO / Future Publishing / Getty Images Key Takeaways Apple will hold an event on Monday where it's expected to unveil the highly anticipated iPhone 16 supercharged with artificial intelligence (AI).

Apple's "It’s Glowtime" event will take place on Monday, where it's expected to announce the iPhone 16, as well as new versions of the Apple Watch and AirPods.