iPhone Sales Drop 5% in Holiday Quarter After AI Disappoints
Apple Inc. sold 5% fewer iPhones globally and lost ground to Chinese rivals in the final quarter of last year,…
Apple’s new fees for app developers under fresh EU scrutiny
Apple’s new fees for app developers have come under fresh scrutiny from the European Union’s antitrust regulators on concerns it…
T-Mobile to acquire Vistar Media for $600 Million to bolster advertising business
T-Mobile US said on Monday it has agreed to acquire Vistar Media, a real-time outdoor advertising technology provider, for about…
Bakery franchise chain Crumbl explores $2 billion sale
The owners of Crumbl are exploring a sale that could value the popular cookie chain at nearly $2 billion, including…
Nvidia stock falls after Biden administration releases updated export rule for AI chips
Nvidia stock (NVDA) fell as much as 3% early Monday after the Biden administration released an updated export rule aimed…
Gold Holds Gain as Traders Seek Safety From US Rate Uncertainty
Gold held a four-day rally, with traders seeking refuge in the haven asset as risk-off sentiment swept markets on fresh…
Oil Hits Four-Month High as US Sanctions on Russia Sow Confusion
Oil rallied to the highest level in more than four months as a fresh wave of US sanctions against Russia’s…
Stocks and Bonds Retreat on Fed Rate-Cut Outlook: Markets Wrap
European stocks and US equity futures dropped as traders trimmed bets on Federal Reserve interest-rate cuts after Friday’s payroll data.…
Porsche’s 2024 China sales fall by 28%
German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in…
Hyundai launches $18,000 EV in Japan to penetrate EV-wary market
South Korea’s Hyundai Motor said on Friday it would introduce the cheapest compact electric car in Japan, to penetrate a…