ROUNDUP: Next iPhones and computer watch expected from Apple CUPERTINO – Apple is about to present its most important iPhone in years. The new models, which are expected to be presented to the public on Monday evening, are intended to catapult the company into the AI era. For users in the European Union, however, things … Read more
ams OSRAM (six: AMS) completes the sale of relevant assets in the Passive Optical Components business to Focuslight Technologies Inc. for approximately EUR 45 million in cash. “I am pleased that the sale of relevant assets in the area of Passive Optical Components to Focuslight Technologies was completed exactly as planned,” said Aldo Kamper, CEO … Read more
NEW YORK (dpa-AFX) – US stock markets are expected to continue their upward trend from the day before Wednesday’s open. The upside momentum continues to partly reflect ongoing optimism about China’s reopening, which partly offsets concerns about the global economic outlook, trade sources said. In the case of technology stocks, the bargain hunt may continue … Read more
NEW YORK (dpa-AFX) – Further interest rate hikes expected by the US Federal Reserve weighed on US stock markets on Wednesday. The main Dow Jones Industrial index slipped into the red and recently lost 1.09% to 33,738.01 points. The other indices have also turned into the loss zone: for the S&P 500 at the market … Read more
NEW YORK (dpa-AFX) – Fears of a further tightening of Chinese restrictions against Covid marred investor sentiment on US stock markets earlier in the week. Beijing’s threat of tougher measures against the coronavirus pandemic has triggered the largest wave of protests in the country in decades and is likely to further dim global economic growth … Read more
NEW YORK (dpa-AFX) – Predominantly positive quarterly reports only briefly supported New York’s Wall Street on Friday after the previous day’s impressive rally. In the first half hour of trading, the high-tech Nasdaq exchanges turned negative, followed by the Dow Jones Industrial . According to market analyst Michael Hewson of CMC Markets UK, in the … Read more
NEW YORK (dpa-AFX) – The strong recovery in Wall Street prices on Wednesday faded again the next day. On Thursday, solid economic data again fueled fears that key interest rates may rise further in the fight against high inflation. The number of initial weekly applications for unemployment benefits has dropped surprisingly and significantly over the … Read more
NEW YORK (dpa-AFX) – US inventory marketplaces on Thursday confirmed no way and adjusted little. The new economic info experienced minimal effects on rates. The Dow Jones Industrialist it a short while ago fell .24 % to 33,897.69 factors. The S&P 500 at the industry level amplified by .11 percent to 4278.68 details. The large-tech … Read more
NEW YORK (dpa-AFX) – On the US stock market, the desire to buy in the technology sector, which was very strong the day before, subsided on Thursday. The Nasdaq 100 gave up its opening gains two hours before the end of the stock market with plus 0.03 percent to 13,381.90 points. The leading index Dow … Read more
NEW YORK (dpa-AFX) – Investors’ fears of a recession that had flared up again were followed by reluctance on the US stock exchanges on Wednesday. In the early hours, trading was characterized by nervousness, but then the New York indices leveled off at a level slightly above the previous day’s closing prices. There were somewhat … Read more