Advanced Micro Devices can surge more than 50% as chipmaker increases market share
PUBLISHED THU, SEP 8 20226:32 AM EDT Source: CNBC by Samantha Subin Stifel said there’s more room to run for Advanced Micro Devices even as the chip market faces ongoing supply chain disruptions and pockets of consumer weakness. Analyst Ruben Roy initiated coverage of the chip stock with a buy rating, saying in a note to clients […]
Apple’s Car Is Beloved Before It Even Exists
Friday, September 2, 2022 05:15 AM Source: Bloomberg by David Welch If semiconductor shortages, recession risks and the once-a-century shift in propulsion weren’t enough to keep auto executives up at night, here’s one more sleep disruptor: Consumers are keen to buy an Apple car before one even exists. Strategic Vision just released the results of an annual study that this […]
Apple overtakes android to take overtake 50% share of phones used in the US.
Source: Financial Times by Patrick McGee Apple has overtaken Android devices to account for more than half of smartphones used in the US, giving the iPhone maker an edge over its rival as it pushes into sectors including finance and healthcare. The 50 per cent landmark — the iPhone’s highest share since it launched in […]
‘Don’t see it in my numbers’: American Express CEO doubts recession fears
Source: Yahoo Finance by Brian Sozzi A big quarter for American Express (AXP) has CEO Stephen Squeri staying optimistic into the back half of the year. “We’re acquiring spending and we see future travel bookings [strong] so I don’t see it [a recession] in my numbers at all,” Squeri told Yahoo Finance. “It’s really hard for me to get […]