Taiwanese Apple supplier battles activists over $4bn cash pile

An Apple supplier based in Taiwan is battling an international investor over its multibillion-dollar cash pile in a case that signals burgeoning shareholder activism in the territory. Catcher Technology, which manufactures electronic casings for Apple devices made in China, is being challenged by Hong Kong-based investment firm Argyle Street Management to improve its governance and … Read more

Dow Jones Futures: Market Rally Resilient; Apple, Tesla, These 5 Chip Stocks Could Use This

Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had a generally positive week, with the Nasdaq and small caps leading the way. X But with the major indexes at resistance levels following strong recent gains, the market rally showed resilience amid some mixed … Read more

Why has BGMI been taken down from Google and Apple app stores in India

Battlegrounds Mobile India (BGMI), a game similar to the hit combat mobile game PlayerUnknown’s Battleground (PUBG), has been taken down from Google and Apple app stores in India after a government order. Two years ago, India banned PUBG. BGMI’s developers, Krafton and Google, confirmed that BGMI had been suspended. Here’s why the … Read more

Apple Borrows Money to Buy Back Stock. What That May Say About the Bond Market.

Text size A new Apple store in London, shown in late July. Dan Kitwood/Getty Images Apple is gearing up for a four-part bond sale to fund stock buybacks. Apple (ticker: AAPL ) is planning to use the proceeds from the sale for general corporate purposes, including buying back shares and paying dividends, the company said … Read more

Did Buffett Buy More Apple Stock? Berkshire’s Earnings Should Make It Clear.

Text size Warren Buffett, chairman and CEO of Berkshire Hathaway. Saul Loeb/AFP via Getty Images Warren Buffett went on a buying spree in the stock market during the first quarter, when Berkshire Hathaway purchased $51 billion of equities, a quarterly record for the company. Investors will be interested to see if Berkshire Hathaway (tickers: BRK/A, … Read more

Dow Jones Futures: Stock Market Rally Passes Inflection Point; Apple, Exxon Flash Buy Signals

Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally passed an inflection point, making a decisive move higher in the past week. X Investors should be adding to their positions with careful buys, not rushing to ramp up exposure. Apple (AAPL), Exxon Mobil (XOM) and … Read more

Apple ekes out revenue growth on iPhone sales and services

Apple’s revenues grew slightly on the back of iPhone sales and its services division despite headwinds from supply chain shortages and factory shutdowns in China. The iPhone maker said revenues had risen 2 per cent from a year ago to $83bn, slightly ahead of analysts’ forecasts for $82.8bn, according to Refinitiv. Apple in April had … Read more

Google, Apple ban Battlegrounds Mobile India game in India post govt order

Google and Apple on Thursday pulled popular battle royale game Battlegrounds Mobile India (BGMI) from their respective app stores, following a government order. Battlegrounds Mobile India (BGMI) is the Indian version of PUBG Mobile, exclusively for players in the country developed and published by Krafton. The game was released on July … Read more

Apple Earnings Day Is Here. The Dollar and Inflation Could Bite.

Text size Apple is more exposed to the consumer economy than other tech hardware companies. Photo by DANIEL SLIM/AFP via Getty Images Apple will report June quarter earnings late Thursday, and CEO Tim Cook will face questions about everything from currency headwinds to slowing Mac sales. The company faces considerable crosswinds. For starters, with a … Read more

Giant Manager Buys Up Apple, Nvidia, Corning and Pfizer Stock

Text size MEAG bought 66,593 Nvidia shares to double its investment to 130,142 shares at the end of June. Justin Sullivan/Getty Images The investment arm of one of the world’s biggest insurers just made major changes in its U.S.-traded investments. MEAG Munich Ergo initiated a stake in iPhone maker Apple (ticker: AAPL), and bought more … Read more