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Dow plunges nearly 475 points; Nasdaq buoyed by late tech gains
The Nasdaq initially appeared headed for a soundly negative session, but big tech found its footing as the day went on
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Apple Inc
NASDAQ:AAPL
Apple Inc designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories and sells a variety of related services. The company's product categories include iPhone, Mac, iPad and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS and tvOS. Apple's services include advertising, AppleCare, cloud services, digital content and payment services.
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Hardware & electrical equipment
Apple slapped with UK class action over app payments
Apple generates “unlawfully excessive levels of profit” from app store payments according to claims
A bite of Apple to mark latest Big Tech earnings, Facebook opens its account books
The iPhone maker and the social networking giant are due to report quarterly numbers after Wednesday's close on Wall Street
Hardware & electrical equipment
Apple unveils new iMac and iPad Pro ranges in latest product launch
The tech giant also announced its new range of AirTag tracking devices as well as well as a new paid subscription capability for its podcast app
Hardware & electrical equipment
Apple’s MacBook and iPad production hit by computer chip shortages
The tech giant has reportedly postponed some iPad assembly due to a shortage of display components, while a lack of chips has also delayed a key step in the MacBook production cycle
Hardware & electrical equipment
Apple's electric car plans are key for big upgrade from UBS
The real option value of Apple's move into the BEV space is worth at least an incremental $14 share
Hardware & electrical equipment
Apple under investigation by the Competition and Market Authority
Apple takes a more totalitarian approach to its App Store compared to Google
VW is top candidate for Apple Car parnership, says broker Wedbush
Believing it is a matter of "when not if" Apple will enter the EV race over the next few years, the analysts gave an 85% chance that the iPhone maker will announce a collaboration in the next three to six months
Apple spat with Fortnite developer Epic Games reaches EU regulators
The video game publisher has filed a complaint with the bloc's antitrust watchdog in connection with a dispute over the tech giant's payment system rules for its App Store
Hardware & electrical equipment
Apple plans for autonomous electric car look less firm after South Korea’s Hyundai says no longer in talks with the tech giant
Apple, which is known to keep product plans under tight wraps, has never acknowledged talks with the Korean automaker about building vehicles
Apple close to agreeing deal with Hyundai-Kia over launch of electric car - reports
Hyundai confirmed last month that the two parties were in early-stage talks
Apple chief attacks social media as war of words with Facebook intensifies
Apple’s iOS 14 requires app developers to get permission to track user behaviour.
Hardware & electrical equipment
Apple revenues breach US$100bn for the first time
The tech giant reported sales for its first quarter of US$111.4bn, up 21% year-on-year, while quarterly EPS jumped 35% to US$1.68, both of which were ahead of market forecasts
Hardware & electrical equipment
Apple's $100bn sales, Tesla battery plans and Facebook churn - what to watch for as big tech report
Analysts expect iPhone maker's quarterly sales to top US$100bn for the first time
Archive
Big Tech earnings and Fed rates decision to dominate on Wednesday
Most action mid-week will be stateside as investors await earnings from Apple, Tesla and Facebook, while the UK diary is scheduled to see updates from Fresnillo and Tullow Oil
Apple and Hyundai in talks over electric vehicle venture whilst Musk’s Tesla charges on
Early-stage talks are taking place, that much has been confirmed by Hyundai.
Will tech stock dominance last forever?
The world's tech firms have been rare winners amid the volatility of 2020, but can the bull market continue to run into the new year?
Hardware & electrical equipment
Apple bobs higher as it hikes iPhone production forecast
The tech giant is reportedly planning to produce around 96mln iPhones in the first half of 2021, a 30% rise year-on-year
Biden claims the presidency but agenda already faces roadblocks
The former vice-president has become president-elect following an uncertain election week, however, his policy plans are already looking like they could be scaled down in the face of a divided Congress
‘Mauve’ US election result is good news for Apple, Google and the rest of Big Tech
With Republicans almost certain to retain control of the Senate and thus continue to divide Congress, the chances of substantial regulation of the sector have dropped sharply