India has restricted imports of laptops, tablets and personal computers with immediate effect, according to a government notice on Thursday, in a bid to push local manufacturing.
Asian shares stumbled on Thursday as U.S. bonds yields hit nine-month peaks and pushed the dollar higher, while investors waited anxiously to see if results from Apple and Amazon justified the tech sector's sky-high valuations.
The Wednesday "hump" may have passed, but the week is far
from over as we head into this data-heavy day, with a Bank of
England rate decision and Apple earnings topping the schedule.
The BOE is leaning toward a 25 basis point hike after the
inflation gods took some pity on the UK last month.
China's disaster-response systems are being put to the test as floodwaters from record rainfall could take weeks to recede with thousands of people still unable to return to their homes, state media reported on Thursday.
Asian shares were subdued on Thursday after Fitch downgraded U.S. sovereign debt sparking profit-taking, with investors now shifting focus to Bank of England's rate decision and earnings from Apple and Amazon.
Fintel reports that on August 2, 2023, JP Morgan maintained coverage of Apple (NASDAQ:AAPL) with a Overweight recommendation. Analyst Price Forecast Suggests 1.14% Upside
Tenstorrent, a Canadian startup headed by chip industry veteran Jim Keller that is developing artificial intelligence chips, said on Wednesday it has raised $100 million from Hyundai Motor Group and a Samsung investment fund, among others.
Markets had a hard time today reconciling the first U.S. credit rating downgrade in 12 years, when Fitch Ratings — one of the “big three” credit rating agencies — lowered its rating from the usual AAA to AA+. The reason for the mo
Wall Street finished lower on Wednesday, with the S&P 500 and Nasdaq Composite down for a second straight day as investors took profits on five months of gains a day after rating agency Fitch cut the U.S. government's credit rating.
PayPal Holdings missed its estimate for second-quarter operating margin on Wednesday, casting a pall over resilient consumer spending trends, sending the payments firm's shares down nearly 8% in extended trading.
Wall Street finished lower on Wednesday, with the S&P 500 and Nasdaq Composite down for a second straight day as investors took profits on five months of gains a day after rating agency Fitch cut the U.S. government's credit rating.
The NASDAQ 100 After Hours Indicator is down -14.83 to 15,355.91. The total After hours volume is currently 77,753,866 shares traded.The following are the most active stocks for the after hours session: iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) is unchanged at
Qualcomm forecast fourth-quarter revenue below market expectations on Wednesday as consumer spending on gadgets like smartphones remained stubbornly weak amid slowing global economic growth.
Wall Street closed down on Wednesday, with the S&P 500 and Nasdaq Composite lower for a second straight day, with investors taking profits on five months of gains a day after rating agency Fitch cut the U.S. government's credit rating.
Apple’s high-yield savings account offered by its partner Goldman Sachs has reached over $10 billion in customer deposits, the technology giant said on Wednesday.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Pinterest Inc (Symbol: PINS), where a total of 132,922 contracts have traded so far, representing approximately 13.3 million underlying shares. That amounts to about 12
Wall Street dropped on Wednesday, as investors embarked on a round of profit-taking in response to the move by rating agency Fitch to downgrade the U.S. government's credit rating.
Apple is scheduled to release fiscal third-quarter earnings this Thursday - but now that the company's market cap has sailed north of $3 trillion, is the tech stock still a strong buy for investors?
Apple’s AAPL third-quarter fiscal 2023 results, to be reported on Aug 3, are expected to reflect the impacts of the sluggishness in the Services business.The segment, which includes revenues from the App Store, Apple Music, iCloud
Wall Street fell on Wednesday after rating agency Fitch's move to downgrade the U.S. government's credit rating hit appetite for risky assets around the world.