Tech
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Rani Molla

Apple’s smartphone market share is growing in China

Apple is starting 2026 strong in China.

After staging a comeback last year as consumers flocked to the iPhone 17 lineup, the US company is continuing to gain ground.

Apple’s iPhones accounted for 19% of smartphone sales in China in January, up from 14% a year earlier, according to Counterpoint Research. That marks Apple’s highest January market share in five years, putting it just a fraction of a percentage point behind market leader Huawei.

Last quarter, Greater China revenue made up about 18% of Apple’s total sales as it remains an important region for the company.

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Rani Molla

SpaceX seals right to buy coding startup Cursor for $60 billion

SpaceX said today it is “working closely together” with fast-growing coding startup Cursor “to create the world’s best coding and knowledge work AI.” The post also said SpaceX would have the right to acquire Cursor later this year or make the startup “pay $10 billion for our work together.” The New York Times, citing people familiar with the matter, previously reported that the companies had agreed to an acquisition.

The news comes as SpaceX prepares for a blockbuster IPO and doubles down on AI, with a growing — if still fully aspirational — focus on space-based data infrastructure and computing.

Last month, when SpaceX hired two senior leaders from Cursor, CEO Elon Musk noted that xAI, which SpaceX acquired earlier this year, “was not built right first time around, so is being rebuilt from the foundations up.”

ChatGPT Images 2.0 sample aliens

OpenAI releases new image generation model with complex capabilities

ChatGPT Images 2.0 marks a big leap forward in image generation as OpenAI seeks to distinguish its features from Anthropic’s Claude.

Jon Keegan8h
Rani Molla
14h
Tesla delivery miss puts margins and cash flow in focus

Tesla reports first-quarter earnings Wednesday.

US-AUTOMOBILE-EARNINGS-POLITICS-TESLA
Rani Molla
16h
What analysts want from Apple’s new CEO

John Ternus is known for his decisiveness, and he needs to make some big decisions on AI.

Apple CEOs John Ternus and Tim Cook
Rani Molla
4/20/26
Tim Cook to step down as Apple CEO, John Ternus to replace him

Ternus was considered the front-runner for the job. During Cook’s tenure, he oversaw Apple stock gains of 1,933%, nearly quadrupling the S&P 500.

Chief Executive Officer (CEO) of Apple Tim Cook opens the first Apple store in India's Mumbai

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