Morgan Stanley analyst Katy Huberty is quite optimistic about Apple’s growth as well as its projected foray into new products involving AR/VR headsets and autonomous vehicles.
The US stock rallied for the second consecutive day as Wall Street investors shrugged off the fears of the Omicron Covid variant. Tech stocks gained heavily on Tuesday.
Intel shares responded positively to the news, soaring as much as 7.53% to $54.83 in the pre-market.
Japanese holding company SoftBank sees its shares slide after a drop in the value of its portfolio companies.
Beyond China Evergrande, many local real estate developers and players are also struggling to meet up their respective debt obligations.
Alibaba also announced the emergence of its current deputy chief financial officer, Toby Xu, as the new Chief Financial Officer who will be replacing Maggie Wu from April 2022.
Amid investors’ close monitoring of the ermerging COVID Omicron variant and oil price increase, European stocks were on the rise early on Monday.
While the big cap stocks are feeling the weight of reality in the broader stock market, the Russell 2000, a benchmark for small-cap stocks, also fell 3.86% in a week.
Didi’s exit from the NYSE came after a new decision by the US Securities and Exchange Commission that may affect certain foreign companies.
Again, Elon Musk as sold more Tesla shares, pushing out over $1 billion’s worth, to hit a total offload of more than $10 billion.
Boeing (BA) is one of the premium aircraft manufacturers currently in operation today, and while the grounding of the 737 Max took its toll on the outlook of the firm and its share growth, a reverse trend is likely to be ushered in henceforth.
The US stock market recorded an encompassing resurgence on Thursday after investors came to terms with the fact that the discovered Omicron variants are not as deadly as feared.
Southeast Asian ride-hailing giant Grab saw its SPAC-directed IPO debut plunge on first day of trading on the NASDAQ, to less than $9.
While pharmaceutical outfits will be looking at modifying existing COVID-19 vaccine formulas to combat Omicron, the ensuing lockdown is an indication that the world is bound to have a long ride with this new coronavirus variant.
Meta’s recent stock troubles began after Britain’s Competition and Markets Authority (CMA) blocked the acquisition of Giphy, a major GIF platform.