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Apple Inc

Nasdaq plummets as high-flying tech stocks retreat

NEW YORK: The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted...

Published 05 Mar, 2021 05:17am

Markets

S&P 500 set for slightly lower open as private jobs data disappoints

US private payrolls rise less than expected in Feb.
UWM Holdings jumps in GameStop-style short squeeze.
Futures down: Dow and S&P 0.6%, Nasdaq 0.7%.

Published 03 Mar, 2021 07:27pm

Technology

Facebook promotes value of personalized ads in new campaign

The campaign called "Good Ideas Deserve To Be Found" highlights several advertisers that have grown their business on Facebook and Instagram, such as Houston-based fashion brand House of Takura.
Facebook's ad spending behind the campaign is in the millions of dollars, according to a source familiar with the matter.

Published 25 Feb, 2021 09:14pm

Business & Finance

Monday’s early trade: Wall Street falls

NEW YORK: US stock indexes fell on Monday as climbing Treasury yields and prospects of rising inflation triggered...

Published 23 Feb, 2021 05:20am

Markets

Futures fall on concerns over rising yields, inflation expectations

Futures down: Dow 0.59%, S&P 0.78%, Nasdaq 1.37%
Shares of Apple Inc, Microsoft Corp, Facebook Inc, Alphabet Inc, Tesla Inc, Netflix Inc and Amazon.com Inc resumed their declines from the previous week, falling between 1% and 2.9% in trading before the bell.

Published 22 Feb, 2021 06:00pm

Markets

Wall St set for higher open as tech finds respite at end of torrid week

Tech-related stocks edge higher.
Uber falls after losing UK case on worker rights.
Futures up: Dow 0.26%, S&P 0.41%, Nasdaq 0.59%.

Published 19 Feb, 2021 06:59pm

Business & Finance

Nissan denies being part of Apple car discussions

Nissan denied recent reports about it being in talks with Apple Inc for the tech giant's autonomous car project.

Published 15 Feb, 2021 03:57pm

Markets

Futures slip after Wall Street ends at record highs

Futures down: Dow 0.21%, S&P 0.19%, Nasdaq 0.18%
Last week's data showing slower-than-expected growth in the labor market underscored the need for more government aid to blunt the effects of the COVID-19 pandemic.

Published 09 Feb, 2021 05:19pm

Markets

Wall St rebounds as small-time traders turn to silver

Silver miners Hecla Mining Co, Coeur Mining Inc and Wheaton Precious Metals Corp surged between 5pc and 26pc.

Published 02 Feb, 2021 12:22am

Technology

Facebook to prompt users about personalized ads ahead of Apple privacy changes

The full-screen prompt will ask Facebook and Instagram users to allow their app and website activity to be used for personalized ads and to "support businesses that rely on ads to reach customers."
The social media giant has been waging a public fight against Apple's plan to ask iPhone users whether to allow apps to track them across other websites and apps.

Updated 01 Feb, 2021 09:55pm

World

EU claims court errors in bid to overturn $15.7 billion Apple tax judgment

The stakes are high for the European Commission in its crackdown against what it sees as aggressive tax planning by multinationals.
The Commission is appealing to the Luxembourg-based Court of Justice of the European Union following a ruling last year by the General Court,

Updated 01 Feb, 2021 09:57pm

Markets

Thursday’s early trade: Main indexes up on big-tech strength

NEW YORK: Wall Street’s main indexes rose on Thursday, as a reversal of declines in mega-cap technology stocks...

Published 29 Jan, 2021 04:55am

Markets

China stocks surge

SHANGHAI: China shares ended higher on Monday, underpinned by consumer and liquor stocks, though gains were limited...

Published 26 Jan, 2021 05:05am

Markets

Monday’s early trade: Nasdaq scales new high ahead of big-tech earnings

NEW YORK: he Nasdaq index hit a record high on Monday as investors remained optimistic at the start of a busy week ...

Published 26 Jan, 2021 05:05am

Business & Finance

Italy consumer association sues Apple for planned iPhone obsolescence

Altroconsumo said the lawsuit covers owners of the iPhone 6 and 6 Plus, 6S and 6S Plus, sales of which in Italy totalled some 1 million phones between 2014 and 2020.
Apple said in an email that it had never done anything to intentionally shorten the life of any Apple product.

Published 25 Jan, 2021 06:38pm

Business & Finance

Qualcomm eyes challenge to Apple, Intel with $1.4b deal for chip startup

The deal marks a big push by Qualcomm to reestablish a leading position in chip performance after several years of high-profile patent licensing litigation with rival Apple and regulatory authorities.
It's exciting to see Nuvia join the Qualcomm team," Panos Panay, Microsoft's chief product officer.

Published 13 Jan, 2021 07:53pm

Business & Finance

Geely and Foxconn team up to build cars for other automakers

Foxconn, whose official name is Hon Hai Precision Industry Co Ltd and is best known as a major supplier to Apple Inc , said in October it aimed to provide components or services to 10% of the world's EVs by 2025-2027.

Published 13 Jan, 2021 02:02pm

World

White House discusses Trump address on Big Tech ban

Twitter Inc, Facebook Inc, Facebook-owned Instagram, Alphabet Inc-owned Google, Apple Inc and Amazon.com Inc took their strongest actions yet against Trump to limit his reach.

Published 11 Jan, 2021 08:47pm

Business & Finance

Hyundai says in early talks with Apple after electric vehicle tie-up report

Hyundai Motor shares soar 25% on Korea Economic Daily TV report.
Apple, Hyundai talks on EVs, batteries for 2027 rollout –report.
Hyundai says receiving EV project requests from various firms.
Questions over benefit for Hyundai of becoming auto 'Foxconn'.
Reuters has reported Apple eyeing car launch as soon as 2024.

Published 08 Jan, 2021 05:01pm

Business & Finance

Apple will modify executive bonuses based on environmental values in 2021

"This change is intended to further motivate Apple's executive team to meet exceptionally high standards of values-driven leadership in addition to delivering strong financial results."

Published 06 Jan, 2021 03:46am

Markets

S&P 500, Dow at record levels on fiscal aid relief, vaccine optimism

The tech-heavy Nasdaq, however, retreated as investors locked in profit in some of the market leading names such as Apple Inc and Tesla Inc.

Published 30 Dec, 2020 12:18am

Technology

ByteDance in talks to buy stake in mobile games firm CMGE

Hardcore games can be a steady source of revenue as users tend to keep playing popular titles for years and are willing to make in-app purchase for items that enhance game play, such as weapons.

Published 22 Dec, 2020 11:05am

Technology

Watchdog highlights shortcomings in EU rules to curb tech companies

The Regulatory Scrutiny Board, which reviews policies and legislation proposed by the European Commission.
It should consider the negative consequences of curtailing the size advantages following from network economies and economies of scale for consumers.

Updated 21 Dec, 2020 06:33pm

Business & Finance

Apple says no new business for supplier Wistron after India plant violence

Wistron failed to implement proper working hour management processes, which "led to payment delays for some workers in October and November," Apple said.

Published 19 Dec, 2020 03:38pm

Technology

Facebook accuses Apple of anticompetitive behavior over privacy changes

Apple is behaving anticompetitively by using their control of the App Store to benefit their bottom line at the expense of creators and small businesses. Full stop.
It said in a blog post that Apple's own personalized ad platform would be exempt from the new prompt requirement the iPhone maker is planning to impose on other companies.

Published 17 Dec, 2020 12:59am

Markets

Wall Street ends higher on stimulus optimism, Apple boost

Apple jumps on report of higher iPhone production in 2021.
Technology sector seen resilient through pandemic – analyst.
Utilities and materials sectors among strongest performers.

Published 16 Dec, 2020 02:11am

Technology

Apple plans 30% increase in iPhone production for first half of 2021: Nikkei

This would mark a 20% rise from 2019 though the target will be regularly reviewed and revised in response to any changes in consumer demand, according to the report.

Published 15 Dec, 2020 11:59am

Technology

Apple says Goodbye to its Music Memos Recording App

Apple has announced that it will be shutting down its Music Memos recording app.
Apple is encouraging users to transfer their recordings to the Voice Memos app.

Published 14 Dec, 2020 10:48am

Technology

Apple is sued by rival over alleged App Store monopoly

The complaint filed in the Oakland, California federal court is the latest case accusing Apple of exploiting market dominance at the expense of rivals such as Cydia.
Apple, based in Cupertino, California, said in an email it will review the lawsuit and does not monopolize any market.

Published 11 Dec, 2020 02:14am

Technology

New EU rules to define gatekeepers by users, areas of business

The criteria defining online gatekeepers which control access to people, services and information are expected to hit Alphabet unit Google, Facebook, Apple and Amazon.
"It is going to be a fairly short list of gatekeepers," one of the people said, adding that numerical criteria will be used.

Published 11 Dec, 2020 12:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.50
USD PKR Interbank Buying / Apr 24	278.25
USD to Japanese Yen / Apr 24	154.89
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.24
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
Nasdaq / Apr 23	15696.64
Dow Jones / Apr 23	38503.69
India Sensex / Apr 24	73884
Tokyo Nikkei / Apr 24	38460.08
Hang Seng / Apr 24	17176.31
FTSE 100 / Apr 24	8079.79
Germany DAX 30 / Apr 24	18202.76

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 24	293.94
Crude Oil USD/Barrel / Apr 24	83.46
Gold Spot USD/Ounce / Apr 24	2319
Diesel/Litre / Apr 24	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Apple Inc

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