Apple Inc
This tech stock ETF just posted one of its best weeks of the past few years
Leading technology stocks led an eye-popping rebound rally over the past five days, driving a key exchange-traded fund to one of its best weeks in years. The Technology Select Sector SPDR Fund (XLK) surged 8.2% this week, the most since Nov. 11, 2022, when the fund gained 10.04%. That was the same month the artificial […]
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Tiger Global plans to join OpenAI’s funding round at more than $150 billion valuation
In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI. Didem Mente | Anadolu | Getty Images Tiger Global is planning to join OpenAI’s buzzy new funding round that would value the artificial intelligence startup at more than $150 billion, according to […]
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Alibaba’s Taobao shopping app launches AI-powered English version in Singapore, jumps to first place in Apple’s App Store
The logo of Alibaba’s e-commerce app Taobao is displayed next to mobile phones displaying the app, in this illustration picture taken October 25, 2023. Reuters | Florence Lo Singapore — Chinese e-commerce giant Alibaba‘s Taobao shopping app topped the Apple App Store charts in Singapore after releasing an English version on Tuesday — thanks to […]
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Intel getting help from Commerce Secretary Raimondo as part of effort to spur U.S. production
Secretary of Commerce Gina Raimondo listens as President Joe Biden participates virtually in a meeting on the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act at the White House on July 25, 2022. Anna Moneymaker | Getty Images News | Getty Images Intel has been badly beaten down of late, losing 60% of […]
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Explosive trading in Nvidia options could be dictating the whole stock market
Nvidia ‘s wild price swings are having a strong hold on the entire market, and “insane” options trading in the chipmaker could be the culprit. The tech giant’s stunning 8% rally on Wednesday helped lift the entire S & P 500, which had earlier fallen on a mixed inflation report. Nvidia rallied almost 2% Thursday. […]
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JD Vance says he thinks Apple benefits from Chinese slave labor: ‘That’s pretty sick’
Republican vice presidential nominee Ohio Sen. JD Vance on Thursday took a shot at Apple on CNBC’s “Squawk Box,” stating he thinks the company benefits from “slave labor” in China. His comment was part of a broader conversation about taxing companies that rely on manufacturing in China. “Do I think Apple is an evil company? No. Do […]
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Apple turning AirPods into hearing aids underscores effort to crack massive health market
Soon, people with AirPods in their ears might not be drowning you out — they might be wearing them to hear you better. Apple announced on Monday that its AirPods Pro 2 headphones will become an FDA-cleared hearing aid in the coming weeks through a software update. That means that adults with mild or moderate […]
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Samsung Electronics plans global job cuts of up to 30% in some divisions: Reuters, citing sources
Samsung Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters. Jakub Porzycki | Nurphoto | Getty Images Samsung Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30% of its […]
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Using ETFs to capture momentum during the market’s wild swings
ETF Edge Using ETFs to capture momentum during the market’s wild swings Published Wed, Sep 11 20247:00 PM EDT Emily Glass WATCH LIVE Source
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Nasdaq climbs 1% as Wall Street bounces back from inflation report sell-off: Live updates
A trader works on the floor of the New York Stock Exchange during afternoon trading on Sept. 5, 2024. Michael M. Santiago | Getty Images Stocks seesawed Wednesday, trading in wide ranges, as traders weighed what the latest U.S. inflation data means for Federal Reserve policy. Tech shares led a rebound from steep session lows. […]
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