Text size On August 31, Apple shareholders will receive four shares in exchange for each one they own. Roslan Rahman / AFP via Getty Images Apple stock went to new highs Monday, a week out of its 4-for-1 stock split. Morgan Stanley analysts Katy Huberty and Erik Woodring raised their …
Read More »
Text size Oracle founder and chairman Larry Ellison Phillip Pharaoh / Getty Images The week started with strange news: Oracle apparently considered a bid for TikTok. Even touching is that hardly anyone on Wall Street talks about it. This would be a big deal. Oracle (ticker: ORCL) is a 43-year-old …
Read More »
It could finally be game for anti-trust actions against Big Tech. As gaming grows in stature in the lives of Americans during the pandemic, it has highlighted the extraordinary grip that two of the four tech companies investigating over the white-hot industry. Business of Epic Games Inc. against the online …
Read More »
Text size Kevin Frayer / Getty Images Brands responded calmly to the recent escalation of the Trump administration’s war on Chinese telecom giant Huawei. Maybe too calm. U.S. Commerce Department regulations issued Aug. 17 will in theory prevent Huawei from purchasing any hardware or software that has all inputs of …
Read More »
Text size Kevin Frayer / Getty Images The European chip sector was under pressure on Tuesday when the cold wind of fracturing relations between US and China blew its way. The sector has benefited from the fruits of a global tech rally driven by the need for gadgets and computers …
Read More »