Taiwan Semiconductor Manufacturing Co. said that its third-quarter net profit rose 80% to a new record, and that it had been granted a one-year exemption from new U.S. restrictions on China’s chip sec...
Tag: Handheld Electronic Devices
The Next Big Battle Between Google and Apple Is for the Soul of Your Car
A few years from now, in addition to deciding your next vehicle’s make and model, you may have another tough choice: the Google model or the Apple one? Other options may include “car maker generic” an...
Altria and Juul end noncompete deal: Here’s what that means for e-cigarette sales and marketing
Altria Group Inc. said Friday it has taken a step that extricates it from its noncompete arrangement with vaping company Juul Labs Inc., freeing both companies to pursue their own strategies. In a reg...
Altria to Invest in Rival Vaping Products. Ends Noncompete Agreement With Juul.
Altria on Friday said it’s looking to end its noncompete agreement with Juul, the e-cigarette maker in which it owns a stake. This will give the maker of Marlboro cigarettes a chance to start up its o...
Tesla spent 864 days as Wall Street’s biggest short bet. Now it’s Apple.
A previous version of this piece incorrectly reported Apple’s and Tesla’s market caps. Apple Inc. is now Wall Street’s biggest short bet, displacing Tesla Inc., which had held the title nonstop since ...
Verizon is ‘not going to throw away money’ to woo consumers with cheaper phones, CEO says
In a competitive market for wireless deals, Verizon Communications Inc.’s chief executive says the company is “not going to throw away money” on promotions. The company recently rolled out its deals f...
Verizon says it’s ‘very challenging being the premium brand’ but that new efforts will pay off
The iPhone 14 arrives during a tough climate for the U.S. wireless market, but a Verizon Communications Inc. VZ, +0.58% executive is upbeat about the efforts her company has taken both before and in r...
GameStop, Apple, Kroger, NIO, and Other Stocks for Investors to Watch This Week
Text size U.S. stock and bond markets will be closed on Monday for Labor Day. It’s a quiet week on the earnings calendar once investors return from the long weekend, but a few major economic-data rele...
Apple plans to unveil iPhone 14 at Sept. 7 event: report
Apple Inc. is expected to unveil its latest line of iPhones and smartwatches on Sept. 7, according to a new report. Bloomberg News reported Wednesday that the tech giant will update its flagship smart...
9 Chip Stocks That Look Like Buys
Text size Nvidia now expects July quarter revenue to be $6.7 billion, up only 3% from the year-ago period. The company had previously forecast $8.1 billion in revenue. Dreamstime These are troubling t...
Buy or Sell Apple Stock After Its Strong Earnings? 5 Reasons to Pick It Up.
Text size Apple has had to grapple with supply chain challenges and rising interest rates. Photo by DANIEL SLIM Apple ’s better-than-expected earnings report helped shake off investor concerns about h...
Qualcomm Reports Earnings Today. What to Expect.
Text size Qualcomm is expected to report revenue of $10.86 billion for its June quarter. Josep Lago/AFP via Getty Images Investors will get an important update on Qualcomm’s business when the maker of...
Tesla Is Doing to Car Makers What Apple Did to Nokia. Will History Repeat?
Text size Volkswagen’s software delays underscore why Tesla will be so hard to catch, according to one analyst. Sean Gallup/Getty Images Tesla is disrupting the car business, a little like how A...
Demand for Smartphones Is Slowing. These 3 Stocks Could Be Hurt, Analysts Say.
Text size Qorvo is more at risk from the slowdown in the economy than other makers of wireless chips because it focuses more on the lower end of the market, according to Cowen. Dreamstime Wall Street ...
Altria’s Dividend Yield Signals Doubts About the Payout. Why It’s Safe.
The FDA’s bid to ban Juul products—like these at a shop in El Segundo, Calif., on a recent day—has weighed on Altria stock. Analysts think Altria, which has a big stake in Juul, will be able to ...
Apple Stock Is Under Pressure. Why Its Earnings Could Trigger a Rebound.
Text size Apple stock has fallen 23% so far this year. Getty Images Investors are feeling a little jittery about Apple stock, and for logical reasons. The company’s June quarter earnings report is les...
There may be another shoe to drop after Micron’s big outlook miss
Micron Technology Inc. delivered an outlook that fell far short of the consensus view, prompting questions about how the memory market will fare in a downturn. The company expects August-quarter reven...
Micron Issues Muted Sales Forecast On Demand Weakness
Memory-chip maker Micron Technology issued a subdued revenue outlook, spooking investors even as it reported a strong rise in earnings for its latest quarter. “Recently, the industry demand environmen...
Broadcom CEO defends optimistic ‘true demand’ outlook as PC, smartphone sales slide
Broadcom Inc.’s chief executive on Thursday defended his positive outlook that end-market demand is “solid” for the rest of the year as Wall Street analysts questioned that optimism amid a cooling of ...