Apple has a China problem – we know that. The iPhone maker looks to be hoping that a greater retail presence in the country can help it out. Apple is preparing to open its eighth store in Shanghai this month. The company announced on its website that it would open the site in Jing’an, a … Read more
Yahoo Finance Video Apple’s (AAPL) latest piece of consumer tech, its Vision Pro mixed reality headset, is set to launch in the United States on February 2. At a starting price of $3,499, Bank of America Securities Senior IT Hardware Analyst Wamsi Mohan comments on future price points that may be more encouraging for Apple … Read more
It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
Updated Dec. 12, 2023 5:57 pm ET Apple is rolling out a new security setting for iPhones following Wall Street Journal reporting about a vulnerability that allowed thieves to break into victims’ devices and upend their lives. The Journal reported on a nationwide spate of thefts where criminals used iPhone owners’ passcodes to change their … Read more
Apple, Tesla, and the Rest of the Big 7 Stocks Have Been Winners … Barron’s Source link
This year has posed an unusual array of challenges for investors, and more could be in store. The major stock market indexes are still up in 2023, powered by a narrow slice of technology stocks, but have been losing ground rapidly. Bond yields have risen sharply, topping 5% on some government debt. The economic outlook … Read more
Both interest rates and the stock market have risen handily in 2023, despite the former being a headwind to the latter. The question is how long it will be before one or the other blinks. Although the returns on cash and bonds can’t really compare to equities longer term, it’s easy to see why higher … Read more
Technology stocks have had a stellar 2023 so far, but the tide may be beginning to turn. Apple has lost $190 billion in market value over the past two days after reports emerged that China is banning government officials using iPhones, and other foreign-branded devices, at work. Another stock market influencer, Nvidia , is also … Read more
September is here, and that can mean only one thing—it’s time to give up and go home. Or maybe not. There’s a lot to like about September. Temperatures are cooling, days are getting shorter but not too short, kids are going back to school, and the leaves are getting ready to turn. For the stock … Read more
One of the most storied legacies in American stock trading history might be coming to an end. United States Steel ‘s days as an independent publicly traded company could be numbered. Its story holds some fascinating history as well as some important lessons for investors. Sunday, U.S. Steel (ticker: X) announced it was looking at … Read more