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Apple supplier Luxshare Precision Industry is gauging investor interest for a $3.1 billion Hong Kong listing that would be the city’s largest so far this year, amid a fundraising frenzy for technology-related stocks.
China's Nexchip Semiconductor seeks to raise up to HK$6.98 billion ($890.26 million) in a Hong Kong share sale, an exchange filing showed on Tuesday. The chip firm is offering 216.2 million shares at maximum HK$32.30 each and expects dealing of H shares to begin on July 10, the filing showed. Nexchip's raising follows a slew of Chinese technology firms seeking to raise funds in Hong Kong's red-hot capital markets, with Apple supplier Luxshare Precision Industry revealing on the day an up to $3.10 billion share sale.
(Bloomberg) -- After a banner year for Chinese stocks on the back of AI advances, 2026 is not going well.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Leaves Trump’s Fed, Citizenship Gambits for LastPrabowo Risks Prompt Global Banks to Pull Cash Out of IndonesiaThe MSCI China Index has tumbled 15%, the worst performance glo
On June 25, Apple (AAPL) raised prices on iPads and MacBooks due to skyrocketing memory chip costs, according to Reuters. The stock dipped that same day, closing 6% lower and losing more than $260 billion in market cap. The price increases hit Apple’s MacBook Neo, raising its starting price to $699 ...
It was a good day for the Magnificent Seven—at least some of them. Tesla stock ended Monday's session up 8.5%, perhaps riding the coat tails of SpaceX, which was up 7.1%. The two Elon Musk companies are tightly linked, jointly developing a chip fabrication complex in Texas.
Apple's price increases may cause its revenue growth to decelerate, causing its share price to sink further.
Loop stays bullish despite political supply-chain risk.
Dan Ives went on CNBC with a message for anyone watching Big Tech bleed out in June. Nearly $3 trillion in market cap has evaporated this month on AI capex skepticism, and Wedbush’s Global Head of Technology Research thinks the market has the story upside down. “These are way oversold names,” he said, naming Microsoft (NASDAQ:MSFT), ... Dan Ives Says the $3 Trillion Tech Wipeout Is a Buying Opportunity. Here’s His Case
Alphabet Inc (NASDAQ:GOOG) shares climbed about 5% on Monday after the company officially joined the Dow Jones Industrial Average, replacing Verizon Communications Inc (NYSE:VZ, XETRA:BAC) in a change that reflects the index's increasing exposure to large-cap technology and artificial...
By Munsif Vengattil, Aditya Kalra and Stephen Nellis NEW DELHI/SAN FRANCISCO, June 29 (Reuters) - Sensitive lists of components and suppliers, and photos of Apple's upcoming iPhone 18 Pro models are
Sensitive lists of components and suppliers, and photos of Apple's upcoming iPhone 18 Pro models are part of files posted on the dark web by the ransomware group that stole data from the U.S. firm's Indian supplier Tata Electronics, according to documents and a source. The exposure threatens the carefully negotiated business of building the iPhone, which Apple assembles from a thicket of suppliers worldwide. It could also upset Apple and its relationship with Tata given most of the supplier arrangements are fiercely protected by Apple, and could also hand rivals, counterfeiters and its own vendors a view of who makes what.
The bank says STM's revenue outlook is improving across key growth areas.
Loop Capital kept its Buy rating as Apple reportedly seeks more supply flexibility.
Charter Communications stock is at the top of the S&P 500. SpaceX and Comcast are part of the move with possible changes coming to U.S. Internet providers.
Are cheap Chinese chips coming to steal Micron's market share -- and profits?
Investing.com -- Alphabet Inc. (NASDAQ:GOOGL) shares rose 3.7% to $350.24 on Monday as the Google parent company began trading as a member of the Dow Jones Industrial Average, replacing Verizon Communications (NYSE:VZ).
Will cheap Chinese chips steal Sandisk's market share -- and profits?
Microsoft (NASDAQ:MSFT) is the stock every cloud bull and AI evangelist keeps pointing at, drawn by an AI business that just crossed a $37 billion annual run rate and Azure growth holding at 40%. But here’s what you should actually be watching. The Capex Furnace Nobody Wants to Price Microsoft just spent $30.88 billion on ... Apple vs. Microsoft: The Enterprise Capex Bubble vs. The Asset-Light Consumer Fortress
The bank’s top equity strategist thinks artificial-intelligence spending will be the big story again for this coming second-quarter earnings season.
Alphabet shares climbed on Monday as the Google parent made its debut in the blue-chip Dow Jones Industrial Average, replacing Verizon Communications, and immediately ranking among its most influential members. • Its shares rose 3.7% to $350.24, offering one of the biggest boosts to the 30-member Dow. • The company replaced Verizon on the index, S&P Dow Jones Indices said in an announcement on June 23.
<body><p>STORY: Apple accused India’s antitrust watchdog of "copy-pasting" rivals' claims in the latest escalation of their ongoing fight. </p><p>Regulatory papers reviewed by Reuters showed that Apple said the body failed to conduct its own probe after it concluded the tech giant breached competition laws.</p><p>Apple has called for the findings to be quashed. </p><p>It marks the sharpest move yet in Apple's conflict with the Competition Commission of India (CCI)...</p><p>Where Tinder-owner Match and Indian firms like Paytm are among its opponents.</p><p>In 2024, India’s watchdog published a report saying Apple engaged in "abusive conduct" on the apps platform of its iOS operating system...</p><p>And that Apple wrongly mandated the use of its payment system.</p><p>Apple has denied the allegations. </p><p>The tech giant instead branded itself a “miniscule player” in India with a sub-6% share of India's smartphone market.</p><p>And said that any forced alterations to its App Store could disrupt its integrated business model.</p><p>Similar arguments by other big companies, like Alphabet’s Google in 2023, have failed to sway the watchdog.</p><p>The CCI and its head of investigations] did not respond to Reuters queries.</p><p> Apple also did not respond to requests for comment.</p></body>
Samsung (005930.KS) and SK Hynix (000660.KS) are investing $880 billion in South Korea's artificial intelligence (AI) build-out. Yahoo Finance Technology Editor Dan Howley outlines the details.
Due to the attention given to their trillion dollar market caps and preoccupation with A.I., the Magnificent 7 stocks (Apple, Amazon, Alphabet/Google, Meta Platforms/Facebook, Nvidia, Microsoft, and Tesla) often make people forget that there are 493 other stocks in the S&P 500 worth investors’ consideration. Case in point: investors seeking a combination of income ... Invesco’s SPHD Pays 4.57% While the S&P 500 Pays 0.98%, And It Is Up This Year Without the Tech Bubble Risk
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