Shares were sliding as part of a broader selloff, with investors on edge ahead of the July 9 deadline for U.S. tariff deals...
Continue ReadingBRUSSELS (Reuters) -Apple took a challenge against EU regulators to Europe's second highest court on Monday after they fined it 500 million euros ($587 million) earlier this year for breaching landmark rules aimed at curbing the power of Big Tech. The European Commission in a decision in April said the iPhone maker's technical and commercial restrictions that prevent app developers from steering users to cheaper deals outside the App Store breached the Digital Markets Act. Apple, which had previously said it would seek legal redress, filed its lawsuit on Monday, the deadline for doing so...
Continue ReadingSTORY: Nissan could let Taiwan’s Foxconn build EVs at one of its Japanese plants, in a move to save the factory from closure.That’s according to Reuters sources.The report concerns the major Oppama plant south of Tokyo, seen here in file footage.Back in May, Reuters reported that it could be closed as new company chief Ivan Espinosa sets sweeping restructuring plans.They're aimed at turning around the struggling automaker, which has faced a series of crises, and is now battling slumping sales.Allowing Foxconn to use Oppama could avert closure, and ease the impact of restructuring on the plant’s 3,900 workers.In a statement, Nissan said the report was not based on any information it had released.Foxconn didn’t reply to a request for comment.The Taiwan giant is better known as the top assembler of Apple’s iPhones.But it has set out ambitious plans to make electric vehicles.In May, a Foxconn subsidiary agreed to supply Nissan junior partner Mitsubishi with an EV model...
Continue ReadingSeveral analysts believe the humanoid robotics market could be larger than the robotaxi market. Tesla has ambitious plans for its Optimus humanoid robots. Tesla (NASDAQ: TSLA) fans should find it easy to identify reasons to buy the stock...
Continue ReadingLONDON (Reuters) -European stocks took an early lead in 2025, outperforming Wall Street thanks to erratic U.S. policymaking and Germany's once-in-a-generation fiscal shift, but U.S. markets have caught up. The broad European STOXX 600 index was up 6.6% so far this year, as of Friday's close, compared with 6.8% for the S&P 500. In March the STOXX was 10 percentage points ahead, leading European bulls to think this might be their time after years of European markets underperforming Wall Street...
Continue ReadingVolatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains. This unpredictability can shake out even the most experienced investors...
Continue ReadingApple's ongoing AI integration struggles highlight a lack of clear strategy and leadership in the rapidly evolving AI space. See why AAPL stock is a Strong Sell...
Continue ReadingChina rapidly advances on cheaper, more efficient EVs, a reality that has left US automakers sweating...
Continue ReadingWe recently published 12 Stocks Jim Cramer Recently Talked About In His “Idea-Driven” Market. Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently discussed. Apple Inc. (NASDAQ:AAPL) has become a regular feature of Cramer’s morning show over the past couple of months. The firm’s disappointing share performance has caught the CNBC host’s attention. […]...
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