Apple Inc

A technological rebound may be necessary for a full market recovery.  These are the stocks that could lead

A technological rebound may be necessary for a full market recovery. These are the stocks that could lead

The key to a sustained market recovery may lie in one of the weakest sectors this year: technology. As of Friday’s close, the Nasdaq Composite was 30% off its closing high of 16,057.44 on Nov. 19, 2021. It has sold off sharply since then as tech stocks have fallen amid runaway inflation and higher Federal …

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Apple has a huge problem with its supplier's iPhone factory in China |  CNN Business

Apple has a huge problem with its supplier’s iPhone factory in China | CNN Business

hong kong CNN Business — A violent uprising by workers at the world’s largest iPhone factory in central China this week further clouds Apple’s strained supply chain and highlights how the country’s tough zero Covid policy is harming to global technology companies. The unrest began last month when workers left the factory campus in Zhengzhou, …

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November jobs report and the Fed matter most to markets in the week ahead

November jobs report and the Fed matter most to markets in the week ahead

The November jobs report is the big event for markets in the coming week, and it could provide important information on the trajectory of Federal Reserve interest rate hikes. Stocks were higher in the shortened holiday week, with the S&P 500 rising as Treasury yields slipped and the dollar weakened. The post-Thanksgiving week will be …

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Foxconn offers to pay workers to leave world's largest iPhone factory after violent protests |  CNN Business

Foxconn offers to pay workers to leave world’s largest iPhone factory after violent protests | CNN Business

hong kong CNN Business — Foxconn has offered to pay newly hired workers 10,000 yuan ($1,400) to resign and leave the world’s largest iPhone assembly plant, in a bid to quell protests that have seen hundreds of clashes with security forces in central China compound. The Apple supplier made the offer on Wednesday following dramatic …

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Workers at world's largest iPhone factory in China clash with police, videos show |  CNN Business

Workers at world’s largest iPhone factory in China clash with police, videos show | CNN Business

Beijing/Hong Kong CNN Business — Workers at China’s largest iPhone assembly plant were seen confronting police, some in riot gear, on Wednesday, according to videos shared on social media. Videos show hundreds of workers confronting law enforcement officers, many wearing white hazmat suits, at the Foxconn campus in China’s central city of Zhengzhou. In the …

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Workers protest and are beaten at virus-hit Chinese iPhone factory

Workers protest and are beaten at virus-hit Chinese iPhone factory

BEIJING (AP) — Workers at Apple’s world’s largest iPhone factory were beaten and detained during protests over pay amid virus checks, according to witnesses and social media videos on Wednesday, as tensions mount over Chinese efforts to tackle a further rise in infections. Videos that said they had been filmed at the factory in the …

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Elon Musk has turned the business of Twitter upside down.  Here's how it could fix it |  CNN Business

Elon Musk has turned the business of Twitter upside down. Here’s how it could fix it | CNN Business

New York CNN Business — Much of Twitter’s ad sales team has been fired or expelled. Major companies from General Mills to Macy’s have suspended advertising on the platform, and others have potentially followed suit after new owner Elon Musk’s decision to restore former President Donald Trump’s account and… other controversial personalities. And any cursory …

Elon Musk has turned the business of Twitter upside down. Here’s how it could fix it | CNN Business Read More »

Elon Musk has turned the business of Twitter upside down.  Here's how it could fix it |  CNN Business

Elon Musk has turned the business of Twitter upside down. Here’s how it could fix it | CNN Business

New York CNN Business — Much of Twitter’s ad sales team has been fired or expelled. Major companies from General Mills to Macy’s have suspended advertising on the platform, and others have potentially followed suit after new owner Elon Musk’s decision to restore former President Donald Trump’s account and… other controversial personalities. And any cursory …

Elon Musk has turned the business of Twitter upside down. Here’s how it could fix it | CNN Business Read More »

Jim Cramer: Why the two-day rally that ended last week matters - and what to expect next

Jim Cramer: Why the two-day rally that ended last week matters – and what to expect next

Let’s say you wanted to design a program to reduce inflation. Wouldn’t you do exactly what Federal Reserve Chairman Jerome Powell is doing? You would raise rates aggressively, and I defy you to say that it does more than that. You’d ignore positive numbers like the weak consumer price index printed last week by sending …

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After this week's big market rally, here's a quick update on the 32 stocks in our portfolio

After this week’s big market rally, here’s a quick update on the 32 stocks in our portfolio

Following a historic stock market rally on Thursday, the best single-session gain in more than two years, we wanted to provide members with a quick update on our current thoughts on the 32 stocks held in Jim Cramer’s Charitable Trust. , which we use as our club’s portfolio. Apple (AAPL): Own it, don’t trade it; …

After this week’s big market rally, here’s a quick update on the 32 stocks in our portfolio Read More »