Apple is looking to move production out of China, the report said
An apple accelerated plans to move some of its production out of China, home to the world’s largest iPhone factory, according to The Wall Street Journal they report, citing…
More than 1 in 4 workers earning $200,000 or more now say they live paycheck to paycheck. So even rich people struggle to save, and professionals offer 3 solutions
As many as 93% of rural and 92% of urban consumers say they are noticing higher prices due to rising inflation, according to a report. Getty Images/iStockphoto Making a bank…
This record number of Nvidia profits is a frightening sight
The financial results of Nvidia Corp. were somewhat of a surprise to investors, and not in a good way, with product stocks doubling to a record high as the chip…
Frackers say oil production is slowing in shale
Despite a long streak of strong earnings, shale companies are slowing down their activity in the oil fields, keeping U.S. oil production roughly steady and offering little relief to strained…
Bitcoin Mining Machines: For Sale With Big Discount
The most efficient Bitcoin mining machines are selling for 77% less than last year. The machines used to process transactions currently cost about $24 per 100 “terahashis,” a measure of…
“Moore’s Law is dead,” says Nvidia CEO Jensen Huang, justifying price hikes for gaming cards
The CEO of Nvidia Corp. Jensen Huang on Wednesday said he thinks it will be a “pretty great Q4 for Ada,” the company’s next-generation chip architecture unveiled this week, even…
Ford shares fell more than 4% as shipping costs jumped $1 billion, parts shortages left more cars unfinished
Shares of Ford Motor Co. fell more than 4 percent in Monday’s extended session after the company said inflation and parts shortages would leave it with more unfinished vehicles than…
The Meta Crash: This chart shows Facebook’s fall among America’s most valuable companies
Beset by competitive and macroeconomic threats, Meta Platforms Inc. sinks down in the ranking of the largest American companies. After a 9.4% daily drop in its shares, Meta META, -9.37%…
These five S&P 500 stocks lost nearly half a trillion dollars in value in one day amid widespread extinction
The drop in gasoline prices could not hide the problem that spooked investors on September 13: core consumer prices resumed their rapid rise in August. Fears of the Federal Reserve’s…
Porsche Family to acquire more than 25% of carmaker as IPO nears
VW, Europe’s biggest carmaker by sales, said the companies’ boards would meet on Monday to discuss the private placement of common stock and whether to move forward with an initial…