Apple's OpenAI Lawsuit, Earnings, Senator's Stock Sales and more: This Week in Appleverse

As the week comes to a close, here’s a quick look at some of the top stories that made headlines in the world of Apple.

OpenAI Seeks Dismissal Of Apple Trade Secrets Lawsuit OpenAI has filed a motion to dismiss the trade secrets lawsuit brought against it by Apple Inc. (NASDAQ: AAPL ).

The motion, filed by OpenAI’s legal team, asserts that the company has no use for Apple’s proprietary information.

The filing states, “OpenAI has no use, need or desire for Apple’s trade secrets,” and emphasizes that the company is “building something entirely new and different from anything at Apple.” Read the full article here.

Apple, Alphabet, JB Hunt And Howmet Aerospace: CNBC’s ‘Final Trades’ Following its better-than-expected financial results, Apple issued fourth-quarter sales guidance below estimates.

The company’s fiscal third-quarter revenue was $109.42 billion, surpassing analyst estimates of $108.65 billion.

Additionally, Apple reported earnings of $2.02 per share for the quarter, beating estimates of $1.89 per share.

Read the full article here.

Bad Timing Or Bad Luck? Shelley Moore Capito Sold Apple And Coca—Cola Before Big Moves The stock sales of Sen.

Shelley Moore Capito (R-W.Va.) have caught the attention of retail investors.

Capito recently disclosed selling multiple stocks, including Apple and Coca-Cola (NYSE: KO ), before significant price movements.

Read the full article here.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors.

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