[ad_1] Striking United Auto Workers members and supporters attend a speech by Vermont Sen. Bernie Sanders outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – The United Auto Workers union will for the first time this week attempt to organize a …
Read More »5 things to know before the stock market opens Tuesday, December 6
[ad_1] A trader works on the floor of the New York Stock Exchange (NYSE), December 5, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Rough start Stocks got off on the wrong foot this week with an …
Read More »Activision acquisition would be good for Microsoft and the overall stock market
[ad_1] Microsoft ‘s (MSFT) nearly $69 billion cash offer to buy video game giant Activision Blizzard (ATVI) has been under tremendous scrutiny since it was first announced back in January. But at least one Wall Street research firm says it’s highly likely that the deal will be completed in the …
Read More »Astra chief engineer Benjamin Lyon resigns from rocket builder
[ad_1] Benjamin Lyon, chief engineer and executive vice president of engineering and operations Astra Beleaguered rocket-builder Astra is losing its highly touted chief engineer, Benjamin Lyon, the company said in a securities filing Friday. Lyon resigned from his role as Astra’s chief engineer and executive vice president of operations and …
Read More »Wall Street’s bullish on 3 Club stocks Wednesday
[ad_1] Apple (AAPL), Constellation Brands (STZ) and Ford Motor (F) were subject to Wall Street research on Wednesday. Here’s the latest analyst commentary on these Club holdings, along with our view. Apple Analyst take: Baird lowered its estimate for iPhone manufacturing in Apple’s fiscal first quarter by 8 million units, …
Read More »5 things to know before the stock market opens Tuesday, November 29
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, November 10, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Bounce back? Wall Street is looking for a rebound after …
Read More »Elon Musk claims Apple has ‘threatened to withhold’ Twitter from its app store
[ad_1] New York CNN Business — Elon Musk on Monday claimed that Apple has “threatened” to pull Twitter from its iOS app store, a move that could be devastating to the company Musk just acquired for $44 billion. “Apple (AAPL) has also threatened to withhold Twitter from its App Store, …
Read More »Apple, DraftKings, Biogen, Williams-Sonoma and more
[ad_1] A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Check out the companies making the biggest moves midday: Apple — Apple shares fell 2% following a report that iPhone production could take a big hit due to unrest at a Foxconn factory in China, amid protests in China …
Read More »China Covid protests could lead to iPhone production hit of up to 10%, Wedbush says
[ad_1] Apple could deal with a major iPhone shortage of up to 10% this holiday season because of Covid protests in China, according to Wedbush’s Dan Ives. “We estimate that Apple now has significant iPhone shortages that could take off roughly at least 5% of units in the quarter and …
Read More »Black Friday online sales to hit new record, expected to top $9 billion
[ad_1] A Black Friday sale sign in the clothing department of the Macy’s flagship store on Black Friday in New York, US, on Friday, Nov. 25, 2022. Jeenah Moon | Bloomberg | Getty Images This will likely end up the biggest Black Friday ever online. Overall online sales for the …
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