South Korea's chip heavyweights SK Hynix and Samsung Electronics soared more than 20% in Seoul on Friday, tracking a sharp rally in U.S. technology stocks after blockbuster earnings from Amazon and Microsoft revived optimism around artificial intelligence spe…
iPhone maker Apple Inc. reported better-than-expected earnings and revenue as it delivered its third quarter results, thanks to a 22% surge in handset sales. However, its stock was trading almost 6% lower in the late trading session after it issued weak guida…
Tesla is looking at cutting loose its China business to clear a path toward a merger with SpaceX, according to a new Wall Street Journal report. If true, it would be a massive deal in the auto industry. Tesla’s Shanghai factory builds more than half of all Te…
Tesla Inc. is weighing a potential separation of its China business to pave the way for a potential merger with SpaceX, the Wall Street Journal reported.
While large-cap stocks have lagged their mid- and small-cap peers in recent months, valuation comfort is gradually returning, making asset allocation more important than ever.
