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Wall Street

Wall Street expects near-record iPhone sales despite delay, shut Apple stores

Wall Street expects near-record iPhone sales despite delay, shut Apple stores

  • They have an extremely good understanding of what their refresh cycle looks like and when waves are possible and whey they are not.
  • A "super cycle" of booms in iPhone sales after several more modest years are not new to Apple - the company's previous high came after it announced the iPhone X.
Updated 27 Jan, 2021 11:23pm
Time to pause? Wall St grows wary of some stock bubbles
Markets

Time to pause? Wall St grows wary of some stock bubbles

  • Pockets of the market have recently demonstrated investor behavior consistent with bubble-like sentiment.
  • Elevated retail participation has contributed to soaring prices. Retail broker eToro told Reuters it registered more than 380,000 new users in the first 11 days of 2021.
Published 25 Jan, 2021 08:55pm
Wall St slips as IBM, Intel falter after results
Markets

Wall St slips as IBM, Intel falter after results

  • IBM hits two-month low on quarterly revenue miss.
  • Intel slips on avoiding outsourcing embrace.
  • Senate to vote on Yellen's Treasury secretary nomination.
  • Indexes: Dow down 0.54%, S&P falls 0.27%, Nasdaq flat.
Published 22 Jan, 2021 09:36pm
Nikkei at 30-year high
Markets

Nikkei at 30-year high

TOKYO: Japanese shares hit their highest close in 30 years, taking cues from solid overnight performances on Wall...
Published 22 Jan, 2021 04:47am
European shares surge
Markets

European shares surge

MILAN/FRANKFURT: European stocks rose on Wednesday after chip equipment maker ASML and Swiss luxury group Richemont...
Published 21 Jan, 2021 04:23am
Oil prices climb
Markets

Oil prices climb

• IEA cuts 2021 oil demand outlook, but sees upturn in H2 NEW YORK: Oil prices climbed with US stock markets on...
Published 20 Jan, 2021 04:29am
Blackstone's Schwarzman: New US admin going to take a 'softer tone' towards China
World

Blackstone's Schwarzman: New US admin going to take a 'softer tone' towards China

  • "There is really a very substantial overlap of interest in these countries and the interest of the world," he said. "I expect to see much less tension."
  • Investors expected more clarity from Biden's administration regarding the rules but were not hopeful for a fundamental change of relationship between the world's two biggest economies.
Published 19 Jan, 2021 07:15pm