Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing

The iPhone maker said sever constraints in the supply chain will affect sales of iPhones, Macs, and iPads in the current quarter.

The iPhone maker said sever constraints in the supply chain will affect sales of iPhones, Macs, and iPads in the current quarter.

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.