Apple Inc
Apple opens manufacturing academy in Detroit as Trump ramps up pressure to invest in U.S.
US President Donald Trump (R) and Apple CEO Tim Cook (2nd L), with Senior Advisor to the President Ivanka Trump (L) and Treasury Secretary Steven Mnuchin, tour the Flextronics computer manufacturing facility where Apple’s Mac Pros are assembled in Austin, Texas, on November 20, 2019. Mandel Ngan | AFP | Getty Images Faced with intensifying […]
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Rare earths are China’s bargaining chip in the trade war — the U.S. is trying to fix that
Rare earths refer to 17 elements on the periodic table whose atomic structure gives them special magnetic properties. They’re also the most important bargaining chip in the U.S. and China trade war. That’s because these rare earth magnets power everything from electric vehicles and wind turbines to defense equipment, data centers and high-tech consumer electronics. […]
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Meta’s AI spending spree is Wall Street’s focus in second-quarter earnings
Over the years, Meta has built a reputation for using rivals’ innovations to bolster its technology. But its decision to copy a Chinese artificial intelligence lab in 2025 in an effort to compete with OpenAI backfired, forcing the company to overhaul its AI strategy. In a rush to mimic the techniques developed by Chinese startup […]
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PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates
PayPal reported better-than-expected results for the second quarter and raised its full-year guidance for transaction margin dollars and earnings per share. The stock slipped more than 4% following the report. Here’s how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG: Earnings per share: $1.40 adjusted vs. $1.30 expected […]
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India overtakes China in smartphone exports to the U.S. as manufacturing jumps 240%, report shows
Workers assemble smartphones at Dixon Technologies’ Padget Electronics Pvt factory in Uttar Pradesh, India, on Jan. 28, 2021. Bloomberg | Bloomberg | Getty Images India has overtaken China to become the top exporter of smartphones to the U.S., according to research firm Canalys, reflecting the shift in manufacturing supply chain away from Beijing amid tariff-fueled […]
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Stock futures are little changed after S&P 500 ekes out another closing record: Live updates
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 11, 2025. Jeenah Moon | Reuters Stock futures were relatively unchanged on Monday on the heels of the S&P 500 and Nasdaq Composite eking out yet another record despite a market rally failing to materialize. S&P […]
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Huawei reclaims No. 1 smartphone spot in China — and Apple returns to growth
The Huawei flagship store and the Apple flagship store at Nanjing Road Pedestrian Street in Shanghai, China, Sept. 2, 2024. Cfoto | Future Publishing | Getty Images Huawei reclaimed the top spot in China’s smartphone market in the second quarter of the year, while Apple returned to growth in the country — one of its […]
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‘Superman,’ ‘F1’ both cross $500 million at the global box office
Rachel Brosnahan and David Corenswet star as Lois Lane and Superman in Warner Bros.’ “Superman.” Warner Bros. Discovery Warner Bros. Discovery had a bountiful weekend at the global box office. The studio had two films cross the $500 million mark worldwide — “Superman” soared to $502 million and Apple’s “F1,” which Warner Bros. distributed, topped […]
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Earnings playbook: Reporting season ramps up with more ‘Magnificent 7’ results this week
This week marks the busiest week of the second-quarter corporate earnings season, and some of the world’s biggest companies are on the docket. In coming days, 151 companies in the S & P 500 are slated to release their latest quarterly results. That includes four of the “Magnificent Seven,” Meta Platforms and Microsoft on Wednesday […]
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Wall Street barrels toward a big week: Fed meeting, Mag 7 earnings, jobs report, trade deadline
So long, summer doldrums. A stock market at all-time highs could be shaken up in a big way next week. Federal Reserve policymakers are convening for their July meeting at a time when central bank independence is in question. More of the Magnificent Seven companies are set to report and answer critical questions about artificial […]
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