Amazon.com Inc on Wednesday announced a contactless gadget that can monitor people's sleep, along with updates to its lineup of voice-controlled devices and e-readers.
NEW YORK (Reuters Breakingviews) - Apple may learn that its moat isn’t as wide during times of high inflation. The $2.4 trillion company led by Tim Cook put on ice plans to increase production of the newly launched iPhone 14 – which starts at $800
What happened
Shares of Apple (NASDAQ: AAPL) were tumbling today after a Bloomberg report said that the company is walking back plans to boost iPhone production.
Roku Inc. ROKU recently announced the launch of its $129 Roku Ultra streaming set-top box in Canada starting October, following its successful launch in the United States.The Roku Ultra includes streaming capabilities of 4K HDR10+. Additionally, as most of the premium ser
U.S. and global equities staged a mild comeback on Wednesday as the Bank of England said it would step into the bond market to stem a damaging rise in borrowing costs, an attempt to dampen investors fears of contagion across the financial system.
Apple Inc shares fell more than 4% on Wednesday after a report that the tech giant was ditching its plans to boost production of the latest iPhone fueled demand worries.
In early trading on Wednesday, shares of Biogen topped the list of the day's best performing components of the Nasdaq 100 index, trading up 36.3%. Year to date, Biogen registers a 12.4% gain.
In early trading on Wednesday, shares of Biogen topped the list of the day's best performing components of the S&P 500 index, trading up 37.3%. Year to date, Biogen registers a 13.2% gain.
In early trading on Wednesday, shares of Amgen topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.8%. Year to date, Amgen registers a 2.2% gain.
The Dow and the S&P 500 indexes gained in volatile trading on Wednesday as easing Treasury yields gently lifted rate-sensitive growth stocks, while losses in Apple Inc after it dropped plans to boost iPhone production weighed on the Nasdaq.
U.S. and global equities did little on Wednesday to rebound from fresh lows, even as the Bank of England said it would step into the bond market to stem a damaging rise in borrowing costs, an attempt to dampen investors fears of contagion across the financial system.
The Dow and S&P 500 were set to open higher on Wednesday as easing Treasury yields gently lifted rate-sensitive growth stocks, but the gains were capped by losses in Apple Inc after it dropped plans to boost iPhone production.
Technology stocks were leaning lower premarket Wednesday. The Technology Select Sector SPDR ETF (XLK) was down 0.6% and the Semiconductor Sector Index Fund (SOXX) was nearly 1% lower recently.
U.S. stock markets closed mixed on Tuesday following mixed economic data. However, market participants remained extremely cautious regarding the Fed’s rigorous interest rate hike decision. The threat of a near-term recession has unnerved investors. The Dow and the S&P
(RTTNews) - iPhone maker Apple, Inc. has shelved its plans to boost production of the recently launched iPhone 14 line up after seeing a lower than anticipated demand for the highly popular smartphones, according to a Bloomberg report.
The NASDAQ 100 Pre-Market Indicator is down -17.62 to 11,254.13. The total Pre-Market volume is currently 62,530,640 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -0.3212 at $20.72, with 15,553,991 shares trad
U.S. stock index futures fell on Wednesday led by Apple after it dropped plans to boost production of its new iPhones, but a pullback in benchmark Treasury yields from multi-year highs limited the decline.
Futures tracking Canada's main stock index fell on Wednesday, pointing to a seventh straight session in the red, as investors fretted about surging borrowing costs from aggressive policy tightening by central banks globally to curb inflation.
Russia's communications regulator on Wednesday demanded an explanation from Apple after applications operated by the Russian state-controlled tech firm VK were removed from the U.S. firm's App Store.