Move over, Netflix: Apple will be the best performing “Faang” stock in 2019, according to veteran analyst Gene Munster.
Author: Agency Staff
Amazon.com reported a record-breaking holiday season as shoppers loaded their online baskets with items from Echo speakers to Calvin Klein clothes.
Elon Musk’s SpaceX capped a record-setting year on Sunday when it launched a rocket carrying a new GPS III satellite for the US Air Force.
The Nasdaq Composite Index tumbled 3% on Friday, capping its worst week since the financial crisis. It’s now fallen 22% since its August record.
The richest people on Earth lost $511-billion (R7.4-trillion) this year after record first-half gains were obliterated by a succession of bruising market selloffs.
Shares in Tencent jumped in Hong Kong on Friday morning amid reports that China had reopened the door for new game titles. Traders should curb their enthusiasm.
Shares in Tencent jumped as much as 4.2% after Chinese media reported that regulators have resumed approving games, signalling a potential end to a hiatus that’s chilled the world’s biggest gaming industry.
Apple is pulling older models of its iPhone from German stores after losing two patent cases brought by chip maker Qualcomm, the company said.
Spiralling losses in technology shares have pushed the Nasdaq Composite Index to the precipice of becoming the first major US stock gauge to enter a bear market since 2009.
Bitcoin rallied above $4 000 on Friday, leading the broad cryptocurrency market higher as the biggest digital asset headed for its best week in a year.