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July 1, 2022

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Micron warns weakening consumer demand will hurt smartphone sales

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CNBC – For more and to sign up click here Sanjay Mehrota, Micron Technology President & CEO at the WEF in Davos, Switzerland on May 24th, 2022. Adam Galica | CNBC Micron Technology, a major vendor of memory chips for PCs and smartphones, said on Thursday that it expects smartphone sales......

Big technology stocks like Tesla, Amazon and Microsoft just finished their worst quarter in years

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CNBC – For more and to sign up click here Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 2, 2022 in New York City. (Photo by Gotham/Getty Images) Gotham | Getty Images Investors lowered the valuations......

Bitcoin just had its worst month on record

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CNBC – For more and to sign up click here Bitcoin just finished its worst month on record, losing more than 38% of its value in June, as of Thursday afternoon. Ether, the world’s second-biggest cryptocurrency by market capitalization, ended the same period down by about 47%. Though weakness in the digital assets......

Former Apple, J.C. Penney exec Ron Johnson’s Enjoy Technology files for bankruptcy months after it went public

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CNBC – For more and to sign up click here Ron Johnson during a panel discussion at the CNBC Evolve New York event on June 19, 2019. Astrid Stawiarz | CNBC Enjoy Technology, a retail startup founded by former Apple and J.C. Penney exec Ron Johnson, filed for Chapter 11......

Here’s what’s hot — and what’s not — in fintech right now

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CNBC – For more and to sign up click here There has been something of a rotation out of certain pockets of fintech that were hyped by venture capitalists last year, such as crypto and “buy now, pay later,” and into less sexy areas focused on generating stable streams of......

Starz could turn into an ‘acquisition machine’ after Lionsgate spins it off

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CNBC – For more and to sign up click here Liberty Media’s John Malone Michael Kovac | Getty Images Written in the Starz? Lionsgate is planning a spinoff of Starz, home of “Outlander” and “Power,” by early next year. Vivendi’s Canal Plus and private equity firm Apollo Global, in tandem with streaming......

U.S. FCC commissioner wants Apple and Google to remove TikTok from their app stores

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CNBC – For more and to sign up click here A leader of the U.S. Federal Communications Commission said he has asked Apple and Google to remove TikTok from their app stores over data security concerns. Pictured here is the TikTok download page on an Apple iPhone on August 7,......

Qualcomm stock jumps after analyst predicts Apple will use its modems for 2023 iPhone

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CNBC – For more and to sign up click here Qualcomm president and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers at a news conference during CES 2022 in Las Vegas, Nevada, January 4, 2022. Steve Marcus | Reuters Qualcomm shares climbed more than 3% on Tuesday after a......

Apple using Qualcomm’s 5G chip in next iPhone would be big boost to future earnings

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CNBC – For more and to sign up click here But longer-term, we like Qualcomm for its continuing efforts to expand to new markets beyond handsets. Source – Click here for more To Return to the Main Aggregate News Page – click here...

As Klarna and Affirm falter, a new breed of ‘buy now, pay later’ startups are stealing the spotlight

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CNBC – For more and to sign up click here Klarna is in talks to raise funds at a sharp discount to its last valuation, according to a report from the Wall Street Journal. A spokesperson for the firm said it doesn’t comment on “speculation.” Jakub Porzycki | NurPhoto via......

Roe v Wade’s demise forces companies to grapple with health care plans, employee privacy and more

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CNBC – For more and to sign up click here Pro-choice activists are seen outside of the US Supreme Court in Washington, DC on June 15, 2022. Mandel Ngan | AFP | Getty Images The challenges posed by the end of Roe v. Wade are only just beginning for corporate......

Disney, Apple and Amazon keep waiting as NFL considers Sunday Ticket offers

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CNBC – For more and to sign up click here DK Metcalf, of the Seattle Seahawks, during a Meet & Greet with DIRECTV NFL SUNDAY TICKET subscribers at the DIRECTV NFL SUNDAY TICKET Lounge on Saturday Feb. 1, 2020, in Miami, FL. Peter Barreras | AP Disney, Apple and Amazon......

Apple responds to Roe v. Wade rollback, company benefits cover out-of-state travel for reproductive care

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CNBC – For more and to sign up click here An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple employees can use their company benefits to travel out-of-state to receive medical care, the......

Amazon to invest $23 million to increase Seattle’s affordable housing

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CNBC – For more and to sign up click here Grand Street Commons, a project in Seattle supported by the Amazon Housing Equity Fund Amazon Amazon said Thursday that it’s giving minority-led organizations $23 million to build and preserve more than 568 affordable homes in Seattle, a step to ease......

Amazon to invest $23 million to increase Seattle’s affordable housing

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CNBC – For more and to sign up click here Grand Street Commons, a project in Seattle supported by the Amazon Housing Equity Fund Amazon Amazon said Thursday that it’s giving minority-led organizations $23 million to build and preserve more than 568 affordable homes in Seattle, a step to ease......

Tim Cook gives clearest hint yet that Apple’s building a headset

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CNBC – For more and to sign up click here Apple CEO Tim Cook poses for a portrait next to a line of new MacBook Airs as he enters the Steve Jobs Theater during the Apple Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California on June......

Mark Mobius shares tips on how investors can jump on India’s ‘incredible growth opportunity’

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CNBC – For more and to sign up click here India is now “emerging as something very exciting,” thanks in part to technology and government policies, according to Mark Mobius. “Right now, we’re focusing more and more on India,” Mobius, founding partner at Mobius Capital Partners, told CNBC’s “Squawk Box......

Mark Zuckerberg showed these prototype headsets to build support for his $10 billion metaverse bet

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CNBC – For more and to sign up click here The company formerly known as Facebook is going to spend $10 billion this year on research and development on virtual reality and augmented reality technologies, including computerized glasses or headsets. On Monday, Meta CEO Mark Zuckerberg showed off how much......

Wall Street notes on Apple, Qualcomm highlight the long-term opportunities in those stocks

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CNBC – For more and to sign up click here There are two updates on Tuesday from analysts at UBS and Mizuho on Apple and Qualcomm, respectively. Source – Click here for more To Return to the Main Aggregate News Page – click here...

Top Wall Street analysts say these are the best stocks to beat the volatile market

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CNBC – For more and to sign up click here Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters It’s just about the middle of the year, and there’s no end in sight for stock market volatility.......

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