The Apple flagship store in Shanghai in November 2023. Costfoto | Nurphoto | Getty Images Apple is offering a discounts across a range of its products in China, including the latest iPhones, its website shows, as it faces rising competition and growing fears of a lack of demand for its flagship smartphone. Between Jan. 18 … Read more
Wall Street analysts revealed bold predictions on four portfolio stocks this week, as investors digested the latest inflation data and December earnings season kicked off. Here’s a summary of each report, along with the Club’s updated take on each. Morgan Stanley Wall Street’s take: HSBC cut Morgan Stanley’s rating to hold from buy on Monday, … Read more
CNBC’s Jim Cramer on Friday compared all NFL 14 teams competing in the playoffs to some of his top stock picks. “As I was reviewing this weekend’s slate of six games and the 14 teams that made the playoffs, I realized many of them are reminiscent of my favorite companies,” he said. “Tonight, I want … Read more
Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Microsoft ended Friday’s U.S. trading session as the most valuable publicly traded company, surpassing Apple after briefly topping the iPhone maker during intraday trading Thursday. Shares of Microsoft climbed more than 3% for the week, bringing the company’s market cap to $2.89 trillion, while … Read more
Taiwan should plan to diversify its economy away from semiconductors, given the risk that China might develop the capacity to make its own chips, Paul Cavey, an economist at East Asia Econ, told CNBC. “Politicians really should be discussing more on … diversifying the economy away in terms of trying to encourage more industries to … Read more
This picture taken on September 22, 2023 shows a Rokid employee demonstrating an augmented reality helmet at the company’s office at the 2022 Asian Games host city Hangzhou, in China’s eastern Zhejiang province. From autonomous bug zappers to android pianists and driverless ice cream trucks, machines rule the world, at least at China’s Asian Games. … Read more
Former Vice President Al Gore speaks during the Agriculture Innovation Mission (AIM) for Climate Summit at the JW Marriott on May 08, 2023 in Washington, DC. Chip Somodevilla | Getty Images Former Vice President Al Gore is leaving the Apple board in February after more than 20 years, the company said Thursday. Gore, along with … Read more
Tim Cook, CEO of Apple, beside an Apple Vision Pro mixed reality headset during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 5, 2023. Philip Pacheco | Bloomberg | Getty Images Apple’s Vision Pro virtual reality headset could be difficult to buy at launch, TF International Securities analyst Ming-Chi … Read more
Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Microsoft on Thursday briefly yanked the title of most valuable publicly traded company from Apple in early trading. The development follows a series of obstacles Apple has encountered at the start of the year. Last week, Foxconn, a Chinese assembler of Apple’s iPhones, reported … Read more
Apple received yet another downgrade this week, the latest in a stream of cautious calls for the world’s largest company. It could present an opportunity for new investors. Redburn Atlantic analysts on Wednesday cut Apple shares to hold from buy , citing limited multiple expansion opportunities and narrow upside in iPhone sales. And Redburn is … Read more
