The $300 Billion FAANG Surge Lives Another Week
June 10, 2018

The world’s favorite stocks fought through to their seventh rally in nine weeks, though not without landing a few blows on traders.

For about 24 hours on Thursday and Friday, losses in the FAANG block looked liable to snowball, bringing Continue reading

Apple Earnings Show Growing Immunity to Smartphone Malaise
May 27, 2018
  • As industry cools, CEO cooks up new services, raises prices
  • Apple’s success elsewhere doesn’t help smartphone suppliers

Apple Inc.’s results confirmed that, while the days of double-digit smartphone industry growth are over, Chief Executive Officer Tim Cook has a Continue reading

In a Leaked Memo, Apple Warns Employees to Stop Leaking Information
April 28, 2018
  • Company memo says it found 29 ‘leakers’ last year, 12 arrested
  • CEO Tim Cook pledged to ’double down’ on secrecy in 2012

Apple Inc. warned employees to stop leaking internal information on future plans and raised the specter of potential Continue reading

Apple Is Secretly Developing Its Own Screens for the First Time
March 20, 2018
  • The company has a secret manufacturing facility in California
  • Apple Watch to be first Apple product with MicroLED technology

Apple Inc. is designing and producing its own device displays for the first time, using a secret manufacturing facility near its Continue reading

Barclays CEO Says Bank Must Protect Payments Business From Apple, Amazon
November 5, 2017

Barclays Plc will need to defend its advantages in the payments business from encroachment by technology companies including Amazon.com Inc. and Apple Inc., according to Chief Executive Officer Jes Staley.

“There are some tectonic shifts going on, driven by tech Continue reading

How Electric Cars Can Create the Biggest Disruption Since the iPhone
October 9, 2017

It’s been 10 years since Apple Inc. unleashed a surge of innovation that upended the mobile phone industry. Electric cars, with a little help from ride-hailing and self-driving technology, could be about to pull the same trick on Big Oil. Continue reading