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This story was first published on the Benzinga India portal. Tata Group is reportedly on track to buy an Apple Inc (NASDAQ: AAPL) iPhone supplier factory in India from Wistron Corporation, according to Bloomberg. If the deal goes through by August, this would be the first time a firm based in India produces iPhones. What Happened? The Karnataka-based factory, valued at over $600 million, employs more than 10,000 people and presently assembles the iPhone 14. Wistron previously committed to delive...

In this piece, we will take a look at the best forever stocks to buy now. For more stocks on this list, head on over to 5 Best Forever Stocks to Buy Now. The macroeconomic landscape in the United States, which has been a focal point in headlines and the stock market for over two years, […]...

A "special rebalance" of the Nasdaq 100 index will take place later this month as exchange operator Nasdaq looks to reduce the concentration of heavyweight companies that account for nearly half of the index's weight. A blistering rally in growth and technology stocks has lifted the Nasdaq 100 index by 37.5% this year. Microsoft, Apple, Nvidia, Amazon.com and Tesla combined account for 43.8% weight in the index, according to Refinitiv data as of Monday's close...

Canalys said the worldwide PC market declined by 12% in the second quarter of 2023, a much smaller fall than the over-30% drops seen in the previous two quarters, as it benefited from strong back-to-school demand. "There are indications that many of the issues that have affected the sector are beginning to abate," said Ishan Dutt, principal analyst at Canalys. Apple grew the most among the major PC makers, with shipments hitting 6.8 million units and its market share expanding to 11% from 6.4% a year earlier, as supply-chain hurdles eased and it benefited from demand for the new MacBook Air...