What’s happening in finance today.
What happens all around us affects the markets – and what affects the markets affects our financial security. Keep in touch with everything of interest that’s happening from a wide variety of general news and financial sources curated by our team.
The world is ever-changing: keep up with what’s happening right here, your “one stop shop” for everything we’ve spotted that can affect the markets.
InvestorsObserver issues critical PriceWatch Alerts for AAPL, TSLA, AMD, BAC, and DIS.
In this article we will take a look at the best tech and dividend stocks to buy according to billionaire Chase Coleman. You can skip our detailed analysis of Chase Coleman’s history, investment philosophy, and hedge fund performance, and go directly to the 5 Best Tech and Dividend Stocks to Buy According to Billionaire Chase […]
The Dow Jones Industrial Average remain near record highs at the end of April, as the current stock market rally continues. The best Dow Jones stocks to buy and watch in May 2021 are Apple, Boeing, Disney, Goldman Sachs and Microsoft.
In this article we will take a look at the best video conferencing stocks to buy now. You can skip our detailed analysis of the video conferencing industry and go directly to 5 Best Video Conferencing Stocks to Buy. Video conferencing services have become essential productivity tools ever since the pandemic-induced lockdowns forced employees to […]
The Dow Jones Industrial Average fell nearly 400 points, while tech stocks cut losses Tuesday, as Apple and Tesla stock sold off.
Augmented reality (AR) and virtual reality (VR) promise to change the world by enabling new types of immersive experiences. According to Boston Consulting Group, the AR/VR market will expand by 113% each year through 2024, reaching $297 billion. Specifically, investors should consider Adobe Systems (NASDAQ: ADBE) and Microsoft (NASDAQ: MSFT).
On Tuesday, major tech companies continued to sell off following Monday’s losses. Julie Hyman, Brian Sozzi, and Myles Udland break down the factors contributing to the price action in big tech.
The industry's dependence on a geopolitically vulnerable island nation should concern all chip investors.
InvestorsObserver issues critical PriceWatch Alerts for NIO, MSFT, ELY, AMGN, and W.
The best tech stocks to buy and watch are strong price performers with healthy fundamentals, thanks to a new product or service that's driving growth.
Gold investors have been waiting for this, The metal has been trending lower since August and after rebounding in April, it ran into ...
After closing out the week at new highs the stock market is exhibiting impatience and jitters closing down on Monday and today's futures currently in the red.
The market's fastest-gaining sector remains positioned to dish out more growth.
Tesla and Apple fell hard, Nike led the Dow Jones today, but stock futures poised for a sharp pullback at the starting bell on Tuesday.
In this article we will take a look at the 30 highest paying jobs with an associate’s degree in 2021. You can skip our detailed analysis of the job industry, and go directly to the 5 Highest Paying Jobs with an Associate’s Degree in 2021. The education sector is going through consequential changes. As the world […]
Stock-index futures point to further losses for equities, with inflation worries seen keeping pressure on previously highflying tech stocks.
In the eyes of some investors, Apple (NASDAQ: AAPL) may have lost its appeal as an investment. Apple management is now putting the vast resources it has accumulated to work and used its expertise to continue producing compelling products, manage new services, and develop new industries that still give investors plenty of reasons to buy Apple stock and never sell. The Apple Watch was introduced in 2015 and it has developed into an innovative product that can do incredible things, like collect health-related data from its users, monitor heart rates and blood oxygen levels, and even automatically inform others when the user suffers a fall.
Rising corporate spending on digital transformation projects has boosted CRM stock while Salesforce’s acquisitions raise issues. Now there's growing competition with Microsoft Dynamics.
The Zacks Analyst Blog Highlights: Google, Adobe, Microsoft and DocuSign
Apple Inc (NASDAQ: AAPL) is facing a class action in London for allegedly overcharging about 20 million U.K. customers ON App Store ...
This is the first in a series of stories about the impact of India's Covid-19 crisis on the Indian and Chinese economies and the global initiative to restructure supply chains. Apple's efforts to diversify its production from China to India are being hit by the Covid-19 crisis there, with infections and factory shutdowns prompting analysts to question whether the country can become a smartphone manufacturing and export superpower. According to a report by Taiwanese news agency CNA on Saturday, Foxconn confirmed that 10 Chinese engineers at its plant in the Indian city of Chennai had been infected with Covid-19. Meanwhile Wistron Corporation, another key player in Apple's manufacturing chain, closed its plant in south India for five days after a spate of Covid-19 cases, according to the CNA report. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. "We can confirm that a small number of employees who worked at one of our facilities in India have tested positive for the Covid-19 virus," said Foxconn in a statement on Monday. "We are working to provide the employees and their families with the support they need ... we have been working closely with local government and public health authorities in India to address the challenges that we and all companies are facing in dealing with the Covid-19 crisis." Despite wider government efforts to halt the spread of Covid-19, it has not yet imposed any manufacturing lockdowns. "Many Covid restrictions are being initiated [on a] daily basis and many things are being severely impacted, including demand and supply", said Bakshi Hardeep Vaid, a professor at the Nanjing University of Information Science and Technology. India has become the second-largest market for smartphones since 2019, amid a raging tech war between the US and China, with companies including Apple, Samsung and Xiaomi setting up manufacturing operations in the country. In a bid to turn the country into an export and manufacturing hub, India's government last year increased import taxes on smartphones and launched the US$6.65 billion Production Linked Incentive (PLI) scheme for hardware makers. The lobby of Foxconn's office in Taipei in June 2020. Photo: Reuters alt=The lobby of Foxconn's office in Taipei in June 2020. Photo: Reuters Three of Apple's top contract manufacturers, Foxconn, Wistronn and Pegatron, have announced plans to invest a total of almost US$900 million in India in the next five years to tap into the PLI, according to sources quoted by Reuters in September last year. "For Apple the objective [of local manufacturing] was twofold: one is to lower the cost difference due to import duties and secondly, it is also a hedge for Apple," said Kiranjeet Kaur, senior research manager at IDC. Amid the ongoing US-China trade war, focusing production solely on China would increase risks for the iPhone maker, she added. However, India's ambitions to become the "new China" in phone manufacturing are now being blunted by one of the world's worst outbreaks of Covid-19, with daily deaths from the virus surging past 4,000 for the first time on Saturday, according to government data. IDC's Kaur expects smartphone makers to be hit by the Covid-19 surge during the second quarter and possibly longer if there are more waves of infections. Market research firm TrendForce forecast on Monday that Covid-19 would reduce India's smartphone production by a total of 12 million units in the second and third quarter. This could result in a 7.5 per cent year on year decrease in smartphone production in India for the whole year. The short-term impact of community lockdowns has also weakened consumer demand, with Bloomberg Intelligence last week reporting that smartphone shipments could fall 25 per cent in the second quarter. Aside from the impact on Apple and Samsung's supply chains, Chinese brands such as Xiaomi, Realme, Oppo and Vivo - all of which have been expanding in the country in recent years - have also been hit by India's Covid-19 wave of destruction. As such, Kaur says China will remain an important manufacturing hub for Apple, at least in the short term, given the possibility of lower production in India and strong demand for iPhones. In the Chinese city of Zhengzhou, the world's largest manufacturing complex for iPhones, Foxconn recently raised bonus pay for new recruits, signalling strong production activity. Foxconn has four plants in China while in India the company makes iPhones in two plants. China contributed 68 per cent of global handset production in 2020, with India at around 15 per cent, according to research firm Counterpoint, which estimates a figure of 19 per cent for India in 2021. Apple has been shifting production out of China, its second biggest market, slowly but steadily, but Covid-19 has stopped this and Apple's production in China in 2020 returned to 2017 levels, according to a May report by Counterpoint. Thanks to a developed production infrastructure, a deep labour pool and supportive local government policies, China remains critically important to the global electronics supply chain. But IDC's Kaur says that the costs of Chinese production may increase and in the future, Apple may continue to look to other markets to increase production, whether it's Vietnam for iPads or India for iPhones. In November last year, Reuters reported, citing sources familiar with the matter, that Foxconn would be moving some iPad and MacBook assembly to Vietnam from China at the request of Apple in a bid to diversify production and minimise the impact of the US-China trade war. Additional reporting by Che Pan This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2021 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2021. South China Morning Post Publishers Ltd. All rights reserved.
Some of the world's biggest chip buyers, including Apple Inc, Microsoft Corp and Alphabet Inc's Google, are joining top chip-makers such as Intel Corp to create a new lobbying group to press for government chip manufacturing subsidies. The newly formed Semiconductors in America Coalition, which also includes Amazon.com's Amazon Web Services, said Tuesday it has asked U.S. lawmakers to provide funding for the CHIPS for America Act, for which President Joe Biden has asked Congress to provide $50 billion. "Robust funding of the CHIPS Act would help America build the additional capacity necessary to have more resilient supply chains to ensure critical technologies will be there when we need them," the group said in a letter to Democratic and Republican leaders in both houses of the U.S. Congress.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With INTC stock on a month-long slide, Intel has a new CEO, a plan to become a contract chip fabricator and a shareholder meeting on May 13. The post What Intel Stock Investors Need to Watch in Friday’s Shareholder Meeting appeared first on InvestorPlace. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG It doesn’t matter if you have $500 in savings or $5 million. Do this now. Top Stock Picker Reveals His Next Potential 500% Winner Stock Prodigy Who Found NIO at $2… Says Buy THIS Now
The freelance market is heating up, and unlikely to cool anytime soon. The trend suggests a number of work opportunities for people over 50.
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