An anonymous reader quotes a report from Bloomberg: Shares of Apple were battered earlier this year as the iPhone maker faced repeated complaints about its lack of an artificial intelligence strategy. But as the AI trade faces increasing scrutiny, that hesitance has gone from a weakness to a strength -- and it's showing up in the stock market. Through the first six months of 2025, Apple was the second-worst performer among the Magnificent Seven tech giants, as its shares tumbled 18% through the end of June. That has reversed since then, with the stock soaring 35%, while AI darlings like Meta Platforms and Microsoft slid into the red and even Nvidia underperformed. The S&P 500 Index rose 10% in that time, and the tech-heavy Nasdaq 100 Index gained 13%. [...] As a result, Apple now has a $4.1 trillion market capitalization and the second biggest weight in the S&P 500, leaping over Microsoft and closing in on Nvidia. The shift reflects the market's questioning of the hundreds of billions of dollars Big Tech firms are throwing at AI development, as well as Apple's positioning to eventually benefit when the technology is ready for mass use. "It is remarkable how they have kept their heads and are in control of spending, when all of their peers have gone the other direction," said John Barr, portfolio manager of the Needham Aggressive Growth Fund. Bill Stone, chief investment officer at Glenview Trust Company, added: "While they most certainly will incorporate more AI into the phones over time, Apple has avoided the AI arms race and the massive capex that accompanies it." His company views Apple's stock as "a bit of an anti-AI holding."

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Anthropic is bringing Claude Code directly into Slack, letting developers spin up coding sessions from chat threads and automate workflows without leaving the app. TechCrunch reports: Previously, developers could only get lightweight coding help via Claude in Slack -- like writing snippets, debugging, and explanations. Now they can tag @Claude to spin up a complete coding session using Slack context like bug reports or feature requests. Claude analyzes recent messages to determine the right repository, posts progress updates in threads, and shares links to review work and open pull requests. The move reflects a broader industry shift: AI coding assistants are migrating from IDEs (integrated development environment, where software development happens) into collaboration tools where teams already work. [...] While Anthropic has not yet confirmed when it would make a broader rollout available, the timing is strategic. The AI coding market is getting more competitive, and differentiation is starting to depend more on integration depth and distribution than model capability alone.

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