Plus, the White House may take new steps to prevent American chipmakers from selling semiconductors to China...
Continue ReadingThese companies are leading the tech market and could have lucrative futures with their expanding ventures in AI...
Continue ReadingThe report fans fears that the market's ongoing slump could sap upcoming earnings at companies like Apple, whose shipments declined by 8% in the quarter. Market leader Samsung posted a 13% drop in sell-through volumes in the period. Among those that gained market share in the quarter are Apple's Chinese rival, Huawei, which despite the strict U.S. sanctions against it, shocked the industry earlier this year with its Mate 60 Pro smartphone that uses an advanced domestically made chip...
Continue ReadingThe ClearBridge Multi Cap Growth Strategy underperformed its benchmark in the third quarter. Click here to read the full fund letter...
Continue ReadingThe Dow Jones rose Monday as Netflix and Tesla earnings loom this week. Apple stock dropped on iPhone 15 news...
Continue Reading(Bloomberg) -- Apple Inc.’s new iPhone 15 is selling far worse in China than its predecessor, according to separate analyses, reflecting stubbornly weak consumption as well as the rise of rivals like Huawei Technologies Co.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationUS to Tighten Curbs on China’s Access to Advanced Chip TechStocks Rise Amid Efforts to Stifle Israel Conflict...
Continue ReadingCoherent (NYSE: COHR) and Lumentum (NASDAQ: LITE) are two of the world's largest producers of lasers and optical communications chips. Coherent, known as II‐VI before it acquired the original Coherent and assumed its name and ticker last July, impressed investors with its improved scale and the growth potential of its artificial intelligence-oriented (AI-oriented) and silicon carbide businesses. Lumentum, which nearly merged with the original Coherent before it was outbid by II-VI, disappointed investors with its slowing growth and lack of near-term catalysts...
Continue ReadingSANTIAGO, Chile, October 16, 2023--Apple® today announced the expansion of the Apple Store® online in Chile. Customers throughout the country can shop Apple’s full lineup of products and services, and receive best-in-class support, delivered by online team members eager to share their knowledge and expertise...
Continue ReadingIt is possible to earn excellent returns in the stock market without taking big risks. Diverse revenue streams and a fortress-like balance sheet make Microsoft (NASDAQ: MSFT) one of the least risky investments in the tech world. Microsoft's multibillion-dollar investment in ChatGPT maker OpenAI vaulted the tech titan to the vanguard of the AI race...
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