Trends - Apple - Business Recorder

Apple

Saudi Aramco becomes world’s most valuable company

SAN FRANCISCO: Saudi Aramco on Wednesday dethroned Apple as the world’s most valuable company as surging oil ...

Published 13 May, 2022 05:59am

Technology

Apple supplier Foxconn’s Q1 profit up 5%, in line with market view

TAIPEI: Apple Inc supplier Foxconn reported a largely in line 5% rise in first-quarter profit as chip shortages,...

Published 12 May, 2022 12:50pm

Technology

Match Group takes Google app store war to court in US

SAN FRANCISCO: Tinder parent Match Group on Monday filed a lawsuit in a federal court in San Francisco accusing...

Published 10 May, 2022 10:05am

Markets

Some investors turn cautious on Big Tech as Fed hikes loom

NEW YORK: Apple’s rally to a $3 trillion market valuation earlier this week has re-focused investors’ attention...

Published 09 May, 2022 05:39am

Business & Finance

Chaos at Apple supplier Quanta shows strains of Shanghai COVID lockdown

SHANGHAI: Quanta Shanghai Manufacturing City would seem like an ideal site to implement China’s “closed-loop”...

Published 08 May, 2022 10:58am

Technology

'Fortnite' returns to iOS, Android devices via Microsoft's Xbox Cloud Gaming

Users of Xbox Cloud Gaming will now be able to play 'Fortnite' for free on devices powered by Google-owned Android...

Published 07 May, 2022 05:25pm

Markets

Wall St slides as Amazon, Apple results weigh

NEW YORK: US stocks fell on Friday as disappointing forecasts from Amazon and Apple pushed the Nasdaq toward sharp...

Published 30 Apr, 2022 05:53am

Technology

Foxconn unit sees limited impact from suspended China plant

TAIPEI: Operations at a unit of Taiwan-based Apple Inc supplier Foxconn in China’s Kunshan city remain suspended...

Published 25 Apr, 2022 11:31am

Markets

Wall Street rises as growth stocks bounce after inflation data

NEW YORK: The Nasdaq led the charge on Wall Street on Tuesday after data showed inflation rose largely in line with...

Published 13 Apr, 2022 06:03am

Markets

Nasdaq slides 1pc as surging yields hit growth stocks

NEW YORK: The Nasdaq fell more than 1% on Monday, leading Wall Street’s main indexes lower, as rising bond yields...

Published 12 Apr, 2022 05:17am

Markets

S&P, Nasdaq slide 1pc as surging yields hammer growth stocks

The S&P and the Nasdaq fell more than 1pc on Monday as rising bond yields weighed on megacap growth stocks such...

Published 11 Apr, 2022 10:36pm

Technology

Crypto-curious corporations struggle to find right recipe

PARIS: Four years ago, fried-chicken chain KFC tweeted from its Canadian account that it would accept bitcoin as...

Published 10 Apr, 2022 11:19am

Technology

Apple mulls more memory chip suppliers, including China: Bloomberg News

Apple Inc is exploring new suppliers for memory chips used in its iPhones, including a potentially first Chinese...

Published 31 Mar, 2022 01:27pm

Technology

Apple to cut iPhone, AirPods output: Nikkei

Apple Inc is planning to cut the output of its iPhone and AirPods devices as the Ukraine crisis and looming ...

Updated 28 Mar, 2022 12:43pm

Technology

Apple services including music, TV resume after outages

Apple Inc said all its services, including the App Store, Apple TV and Apple Music, have resumed following an outage...

Published 22 Mar, 2022 10:04am

Technology

Apple supplier Foxconn’s Q4 profit beats estimates

TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker which counts technology giants such as...

Published 16 Mar, 2022 11:43am

Business & Finance

Samsung Electronics suspends shipments to Russia

SEOUL: Samsung Electronics has suspended shipments to Russia over "geopolitical developments", the firm said...

Published 05 Mar, 2022 10:27am

World

Ukraine official Twitter-shaming firms to action over invasion

WASHINGTON: Ukraine's vice prime minister has been calling out big tech companies by name on Twitter to push them to...

Published 03 Mar, 2022 10:12am

Business & Finance

ExxonMobil, Apple, Boeing latest US giants to cut ties with Moscow

NEW YORK: Apple, ExxonMobil and Boeing announced Tuesday in rapid succession steps to withdraw or freeze business in...

Published 02 Mar, 2022 10:42am

Technology

Pakistan's Air Link to soon start Xiaomi smartphone production

Pakistan's Air Link Communication Limited on Monday announced that it is all set to commence production of Xiaomi...

Published 28 Feb, 2022 01:32pm

World

'Pick a side': Ukraine invasion dilemma for US Big Tech

WASHINGTON: US tech giants were under intense pressure to pick a side regarding Ukraine's invasion, at once facing...

Published 27 Feb, 2022 10:52am

Technology

Meta lays out moves being made to build the metaverse

SAN FRANCISCO: Meta chief Mark Zuckerberg on Wednesday talked up his company's efforts to build the metaverse, an...

Published 24 Feb, 2022 10:58am

Technology

Apple aims to thwart secret AirTag tracking with tweaks

NEW YORK: Apple on Thursday announced updates to AirTag coin-sized tracking devices to prevent them from being used...

Published 11 Feb, 2022 11:29am

Markets

Japan shares end higher on overnight Wall Street gains, strong earnings

TOKYO: Japanese shares ended higher on Wednesday following an overnight tech-led rally on the Wall Street, while...

Published 09 Feb, 2022 12:15pm

Markets

Asian markets rise

HONG KONG: Asian markets rose in limited trade Tuesday following another strong lead from Wall Street fuelled by a...

Published 02 Feb, 2022 04:45am

Business & Finance

Apple hits revenue record despite chip shortage

SAN FRANCISCO: Apple reported record $124 billion quarterly revenue on Thursday, despite a global chip pinch and...

Published 31 Jan, 2022 07:10am

Markets

S&P 500 flirts with correction for fifth time on rate hike worries

NEW YORK: The S&P 500 index was closing in on a correction on Friday for the fifth time this week on worries...

Published 29 Jan, 2022 06:05am

Technology

Apple sales and profit top estimates as hit from chip shortages eases

Apple Inc is overcoming the costly global shortage in computer chips, posting record sales over the holiday quarter,...

Published 28 Jan, 2022 10:11am

Markets

Nikkei rebounds on Apple cheer, but still set for worst week in 2 months

TOKYO: Japan's Nikkei rebounded on Friday from a 14-week closing low, buoyed by strong earnings from Apple Inc, but...

Published 28 Jan, 2022 10:06am

Business & Finance

Apple to turn iPhones into payment terminals, rival Square: Bloomberg

NEW YORK: Apple Inc is planning a new service that will allow small businesses to accept payments directly on their...

Published 28 Jan, 2022 04:44am

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / Jun 6 HBL Investment Fund(HIFA)	1.60 ▲ 0.20 (14.29%)
Reliance Ins. / Jun 6 Reliance Insurance Company Limited(RICL)	8.27 ▲ 1.00 (13.76%)
Pak Gulf Leasing / Jun 6 Pak-Gulf Leasing Company Limited(PGLC)	7.39 ▲ 0.89 (13.69%)
HBL Growth Fund / Jun 6 HBL Growth Fund(HGFA)	4.15 ▲ 0.40 (10.67%)
Bilal Fibres / Jun 6 Bilal Fibres Limited(BILF)	2.44 ▲ 0.20 (8.93%)
Ist.Capital Sec / Jun 6 First Capital Securities Corporation(FCSC)	1 ▲ 0.08 (8.70%)
Dandot Cement / Jun 6 Dandot Cement Company Limited(DNCC)	9.39 ▲ 0.75 (8.68%)
P.I.A.C.(A) / Jun 6 Pakistan International Airlines Corp(PIAA)	3.73 ▲ 0.27 (7.80%)
Ahmad Hassan / Jun 6 Ahmad Hassan Textile Mills Limited(AHTM)	51.60 ▲ 3.60 (7.50%)
Ghani Value Glas / Jun 6 Ghani Value Glass Limited(GVGL)	65.39 ▲ 4.56 (7.50%)

Stock	Price
Sec. Inv. Bank / Jun 6 Security Investment Bank Limited(SIBL)	3.05 ▼ -0.94 (-23.56%)
Tri-Star Mutual / Jun 6 Tri-Star Mutual Fund Limited(TSMF)	3 ▼ -0.60 (-16.67%)
SME Leasing Ltd / Jun 6 SME Leasing Limited(SLL)	1.73 ▼ -0.26 (-13.07%)
Bank of Khyber / Jun 6 The Bank of Khyber(BOK)	11.75 ▼ -1.00 (-7.84%)
Ellcot Spinning / Jun 6 Ellcot Spinning Mills Limited(ELSM)	105.43 ▼ -8.55 (-7.50%)
Crescent Cotton / Jun 6 Crescent Cotton Mills Limited(CCM)	32.38 ▼ -2.62 (-7.49%)
Reliance Weaving / Jun 6 Reliance Weaving Mills Limited(REWM)	84.18 ▼ -6.82 (-7.49%)
Ashfaq Textile / Jun 6 Ashfaq Textile Mills Limited(ASHT)	7.06 ▼ -0.55 (-7.23%)
Pakistan Cables / Jun 6 Pakistan Cables Limited(PCAL)	92.82 ▼ -7.12 (-7.12%)
Gillette Pak / Jun 6 Gillette Pakistan Limited(GLPL)	110 ▼ -7.90 (-6.70%)

Stock	Volume
WorldCall Telecom / Jun 6 Worldcall Telecom Limited(WTL)	24,434,530 ▲ 0.00
Pak Refinery / Jun 6 Pakistan Refinery Limited(PRL)	20,516,561 ▲ 0.81
Cnergyico PK / Jun 6 Cnergyico PK Limited(CNERGY)	15,490,079 ▲ 0.16
Pak Petroleum / Jun 6 Pakistan Petroleum Limited(PPL)	10,780,480 ▼ -0.50
Pak Elektron / Jun 6 Pak Elektron Limited(PAEL)	9,829,910 ▲ 0.43
Sui North Gas / Jun 6 Sui Northern Gas Pipelines Limited(SNGP)	9,750,118 ▼ -0.70
Oil & Gas Dev. / Jun 6 Oil & Gas Development Company Limited(OGDC)	8,971,203 ▼ -0.25
Maple Leaf Cement / Jun 6 Maple Leaf Cement Factory Limited(MLCF)	7,232,895 ▲ 0.01
P.S.O. / Jun 6 Pakistan State Oil Company Limited(PSO)	6,844,695 ▲ 5.72
Telecard Limited / Jun 6 Telecard Limited(TELE)	6,058,807 ▲ 0.07

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 6	286.57
USD PKR Interbank Buying / Jun 6	286.37
USD to Japanese Yen / Jun 6	139.49
USD to Swiss Franc / Jun 6	0.90
Pound Sterling to USD / Jun 6	1.24
Euro to USD / Jun 6	1.07
UK LIBOR % / Jun 5	5.07

Stock	Volume
S&P 500 / Jun 5	4273.79
Nasdaq / Jun 5	13229.43
Dow Jones / Jun 5	33562.86
India Sensex / Jun 6	62638.57
Tokyo Nikkei / Jun 6	32470.90
Hang Seng / Jun 6	19189.58
FTSE 100 / Jun 6	7591.19
Germany DAX 30 / Jun 6	15958.06
France CAC40 / Jun 6	7199.34

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 5	20235
Gold 10 Grams PKR / Jun 5	197531
Crude Oil USD/Barrel / Jun 6	71.71
Gold Spot USD/Ounce / Jun 6	1958.23
Cotton US¢/pound / Jun 6	81.97

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