(source)Bloomberg) -- China has ordered a seven-day lockdown of the area around Foxconn Technology Group’s main plant in Zhengzhou, a move that will severely curtail shipments in and out of the world’s largest...
Apple beats on revenue and profit, expects growth to accelerate despite ‘pockets of softness’Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations for sales and profit but showed slowing growth...
Why does Jeff think Biden has a misunderstanding of basic market dynamics?--------------------------------------------(Bloomberg) -- Amazon.com Inc. founder Jeff Bezos criticized a tweet from US President Joe Biden calling for oil executives to reduce gasoline...
(Bloomberg) -- Tesla Inc. laid off hundreds of workers on its Autopilot team as the electric-vehicle maker shuttered a California facility, according to people familiar with the matter, one of the larger known...
Last week the S&P 500 dropped 5.8% its worst week since March 2020, while the Dow fell 4.8% its biggest weekly percentage decline since October 2020 (source). And last Wednesday the US Federal...
Lyft Inc. plans to slow hiring and cut costs in parts of the company as the ride-hailing giant grapples with the turbulence hitting technology stocks. President John Zimmer told employees on Tuesday that the...
