Stocks have recently retreated as Treasury yields continue to rise. To navigate this market turbulence, CNBC's Jim Cramer offers some promising insights. "We're in an unusual situation, but skyrocketing bond yields are bad news for the vast bulk of the market. The mega-cap techs are the one big exception. You want to make it through this difficult moment?" he asked in a recent "Mad Money" segment. "You need the Magnificent Seven, and then the rest." By Magnificent Seven, Cramer means seven mega-...
Continue ReadingAlphabet's (GOOGL) Google adds strength to its Pixel series with Pixel 8 and Pixel 8 Pro with AI-based feature updates, integrating AI into its consumer gadgets...
Continue ReadingThe Hollywood strikes registered yet another hit to the jobs report last month as the writers' strike reached its conclusion while the actors' strike is still ongoing...
Continue ReadingZacks.com users have recently been watching Apple (AAPL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects...
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Continue ReadingApple's (NASDAQ: AAPL) exposure to the interest rate cycle comes from its status as a consumer discretionary company selling relatively high-ticket items. Moreover, spending on Apple products is naturally coming up against tough comparisons from previous years due to the boom in spending on its products caused by the lockdowns in previous years...
Continue ReadingSouth Korea’s telecom regulator plans to fine Alphabet’s Google and Apple a total of $51 million for allegedly abusing their market dominance and breaching the country’s mobile-payment regulations...
Continue ReadingSouth Korea's telecommunications regulator said on Friday that Alphabet Inc's Google and Apple have abused their dominant app market position and warned of possible fines totalling up to $50.5 million. The Korea Communications Commission (KCC) said in a statement that the two tech giants forced app developers into specific payment methods and caused unfair delay in app review. The KCC is notifying the companies for corrective action, and will deliberate on the fines, the statement said...
Continue ReadingSEOUL (Reuters) -South Korea's telecommunications regulator said on Friday that Alphabet Inc's Google and Apple have abused their dominant app market position and warned of possible fines totalling up to $50.5 million. The Korea Communications Commission (KCC) said in a statement that the two tech giants forced app developers into specific payment methods and caused unfair delay in app review. The KCC is notifying the companies for corrective action, and will deliberate on the fines, the statement said...
Continue ReadingSouth Korea's telecommunications regulator said on Friday that Alphabet Inc's Google and Apple have abused their dominant app market position and warned of possible fines totalling up to $50.5 million. The Korea Communications Commission (KCC) said in a statement that the two tech giants forced app developers into specific payment methods and caused unfair delay in app review. The KCC is notifying the companies for corrective action, and will deliberate on the fines, the statement said...
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