This article first appeared on GuruFocus. Apple (AAPL, Financials) and other smartphone makers are expected to face higher production costs in 2026 as a global shortage of memory chips driven by artificial intelligence demand pushes up component prices, according to Counterpoint Research. The research group predicted a 6.9% increase in smartphone prices in 2026, almost…

This article first appeared on GuruFocus. Alphabet (GOOGL, Financials) continued its strong advance on Monday as the stock moved closer to a $4 trillion valuation, a threshold reached by only a few companies. Shares rose more than 5% to $315.90, lifting the company’s market capitalization to $3.82 trillion. The gains extend a yearlong rally that…