Shares fell in Asia early Friday morning, after mounting tensions between the United States and China and a massive sale of tech stocks on Wall Street. Hong Kong HSI Hang Seng Index, -2.17% fell 1.9% while the Shanghai SHCOMP compound, -2.73% it sank 2.3% and the smallest-cap Shenzhen Composite 399106, …
Read More »Monday’s House hearing with top tech CEOs may be delayed
Four of the country’s most prominent tech CEOs are slated to testify before a House panel on Monday, but that highly anticipated hearing may be delayed due to plans for the late Representative John Lewis to remain in state on the US Capitol. U.S. House Speaker Nancy Pelosi, a Democrat …
Read More »Apple reportedly delays launch of new iPhone 5G until October
An Apple store in Sydney, Australia. Bloomberg news Apple is reportedly delaying a fall launch event for its next batch of iPhones until the “second half of October.” The tech giant was forced to delay its traditional September opening speech due to production delays caused by the coronavirus, according to …
Read More »Shares of Amazon.com Inc. outperform the competition despite the day’s losses
Shares of Amazon.com Inc. AMZN, -3.65% fell 3.66% to $ 2,986.55 on Thursday, in what turned out to be a poor trading session for the stock market, with the S&P 500 Index SPX, -1.23% falling 1.23% to 3,235.66 and Dow Jones Industrial Average DJIA, -1.30% falling 1.31% to 26,652.33. This …
Read More »Intel shares fall as next generation of chips lags, raising AMD shares
Intel Corp. shares the shares of Paloma and rival of Advanced Micro Devices Inc. gained in after-hours operations on Thursday, when Intel reported that its next generation of semiconductor technology will be delayed. Intel INTC, -1.06% Along with second-quarter earnings, he reported that the introduction of his 7-nanometer chips would …
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