Satya Nadella, CEO of Microsoft Corp., gestures as she speaks during a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, Tuesday, January 21, 2020. Simon Dawson | Bloomberg | fake pictures Tech investors are getting a dose of reality after a historic run. …
Read More »Global stocks sink as China retaliates to close consulate
Text size Chinese Foreign Ministry spokesman Wang Wenbin talks about the order to close the United States consulate in Chengdu. fake pictures Global stocks fell on Friday as political events swept away a wave of negativity in the markets. The Dow Jones Industrial Average fell 126 points, or 0.5%. The …
Read More »Chinese stocks plummet, leading global markets to crash as investors weigh on mounting tensions between the United States and China that go beyond ‘simple tariffs’
Kyodo News / Getty Global stocks plummeted on Friday as investors weighed in on tensions between the United States and China that worsened at an exponential rate. On Friday, China ordered the closure of a US consulate in its Chengdu city in retaliation for a request to close its own …
Read More »Intel chip lag shows exactly why Apple has reason to move to Arm
Apple CEO Tim Cook delivers the keynote address during the Apple 2020 World Developers Conference (WWDC) at the Steve Jobs Theater in Cupertino, California. Brooks Kraft / Apple Inc / Brochure via Reuters Intel said in its earnings report Thursday that it is delaying its new 7-nanometer processors in approximately …
Read More »Honeywell Beat Earnings. What their numbers mean for the industrial economy.
Text size Brendan Smialowski / AFP via Getty Images Honeywell’s earnings, reported Friday morning, beat Wall Street estimates for the pandemic-hit second quarter. That’s good news for Honeywell, but the company is a huge and distant industrial conglomerate. Your earnings are a useful read for many companies in many industries. …
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