Apple Inc
Apple CEO Tim Cook pushes for privacy legislation ‘as soon as possible’ after visit to Congress
Tim Cook speaks onstage at the TIME100 Summit 2022 at Jazz at Lincoln Center. Jemal Countess | Getty Images Entertainment | Getty Images U.S. lawmakers should advance privacy legislation currently being debated “as soon as possible,” Apple CEO Tim Cook said in a letter to Congress on Friday. Cook sent the letter a day after […]
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Here are Friday’s biggest analyst calls of the day: Tesla, DocuSign, Netflix, Roblox, Apple & more
Here are Friday’s biggest calls on Wall Street: Loop reiterates Apple as buy Loop said it sees production delays for some versions of the iPhone 14 later this year. “As we have been signaling for a few months, the iPhone 14 Pro Max device is running slightly behind schedule and could result in a staggered/delayed […]
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street turns decisively lower after another hot inflation report Traders work on the floor of the New York Stock Exchange NYSE U.S. stock futures turned sharply lower after Friday’s before-the-bell inflation report showed a bigger-than-expected increase. […]
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Klarna CEO defends business despite massive losses and layoffs
Klarna CEO Sebastian Siemiatkowski has defended his company’s business model and the controversial “buy now, pay later” industry. Klarna lets consumers buy things that they might not necessarily be able to afford at that moment in time. Its 150 million customers pay a relatively small amount up front and pay back the rest later. In […]
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‘Buy now, pay later’ firms were already in trouble. Apple just gave them one more thing to worry about
Apple Pay Later will let users pay for things over four equal installments. Jakub Porzycki | Nurphoto | Getty Images AMSTERDAM — Apple’s move into the crowded “buy now, pay later” space has raised the stakes for the fintech companies that pioneered the trend. The iPhone maker announced plans to launch its own “pay later” […]
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Stick with profitable, recession-proof stocks to avoid a ‘crisis,’ Jim Cramer says
CNBC’s Jim Cramer reminded investors to own profitable, recession-proof stocks rather than conceptual ones after major tech stocks tumbled on Thursday. He noted that while the stocks took a hit, they’re still “terrific” and stand out from uninvestable names for two main reasons. Investable stocks “have a defined downside because of that dividend and their […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures essentially flat following Wednesday’s declines Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, June 3, 2022. Brendan McDermid | Reuters U.S. stock futures were essentially flat Thursday, as […]
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Microsoft is bringing Xbox Game Pass cloud streaming to smart TVs, so users don’t need a console
People will be able to play Xbox Game Pass games over a cloud connection on 2022 Samsung smart TVs. Microsoft Microsoft is releasing an Xbox app for smart TVs, enabling consumers to stream Xbox video games even if they don’t own consoles. Microsoft said Thursday that it will first bring the app to Samsung’s 2022 […]
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Here’s how much Apple’s supply chain depends on Shanghai
Apple opened its 54th flagship store in Greater China in the city of Wuhan in May. The iPhone company warned in late April that supply chain disruptions from China’s Covid controls would likely hurt sales in the current quarter by $4 billion to $8 billion. Sopa Images | Lightrocket | Getty Images BEIJING — Apple’s […]
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A wholly owned subsidiary of Apple will extend loans for its Pay Later product
Apple CEO Tim Cook poses for a portrait next to a line of new MacBook Airs as he enters the Steve Jobs Theater during the Apple Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California on June 6, 2022. Chris Tuite | AFP | Getty Images A wholly owned subsidiary of Apple […]
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