Hundreds of Apple workers in Australia are set to strike again after almost two-thirds of employees rejected a pay and benefits deal, the latest escalation of a fight that has seen weeks of walkouts at stores around the country.
COVID-19 woes at Foxconn's iPhone assembly plant in China's Zhengzhou city could slash the site's November output of the Apple Inc device by as much as 30%, a person with direct knowledge of the matter said on Monday.
Apple supplier Foxconn's COVID-19 woes at its vast iPhone manufacturing facility in China's Zhengzhou city could slash the site's November iPhone shipments by up to 30%, a source with direct knowledge of the matter said.
Apple supplier Foxconn's COVID-19 woes at its vast iPhone manufacturing facility in China's Zhengzhou city could slash the site's November iPhone shipments by up to 30%, a source with direct knowledge of the matter said.
Cities in central China hastily drew up plans to isolate migrant workers fleeing to their hometowns from a vast assembly facility of iPhone maker Foxconn in COVID-hit Zhengzhou, fearing they could trigger coronavirus outbreaks.
It has been a brutal year for the stock market, but downturns like the current one are often the best time to invest. In theory, because valuations are depressed, investors have the opportunity to buy shares of quality companies at a bargain and watch their positions grow.
The good news is that Apple (NASDAQ: AAPL) is now supporting non-fungible tokens (NFTs) in its App Store. Given Apple's massive influence in the tech world, this would seem to signal the future mass-market adoption of NFTs. The bad news is that Apple's new NFT rules are potential
Did you hear the news? Recently, the world's leading audio-streaming business disappointed investors with a less-than-glowing quarterly earnings report. Despite already falling by more than half this year, shares of Spotify Technology (NYSE: SPOT) fell by more than 11% overnight
The earnings bombshells from Amazon AMZN and Meta META and sub-par releases from Alphabet GOOGL and Microsoft MSFT have forced us all to revisit our long-held assumptions about the sustainability of these technology leaders’ earnings power.
The NASDAQ 100 After Hours Indicator is up 6.38 to 11,552.59. The total After hours volume is currently 78,048,603 shares traded.The following are the most active stocks for the after hours session: iShares Short Treasury Bond ETF (SHV) is +0.01 at $110.00, with 11,210,549 share
A robust, broad-based rally sent Wall Street to a sharply higher close on Friday as encouraging economic data and a sunnier earnings outlook fueled investor risk appetite ahead of next week's much-anticipated two-day policy meeting of the Federal Reserve.
Technology stocks still were surging late in Friday trading, with the SPDR Technology Select Sector ETF (XLK) rising 4.4% while the Philadelphia Semiconductor Index was gaining 3.7% this afternoon.
A robust, broad-based rally sent Wall Street to a sharply higher close on Friday as encouraging economic data and a rosier earnings outlook boosted investor risk appetite ahead of next week's much-anticipated two-day policy meeting of the Federal Reserve.
What happened
Shares of Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and Skyworks Solutions (NASDAQ: SWKS) were all up big on Friday, rising 4.1%, 5.5%, and 4%, respectively, as of 1:54 p.m. EDT.
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