Tech stocks seeing nice bounce, Nasdaq now down only 20 points
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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Meta Platforms (META) Looks to Reduce Costs By At Least 10% Via Reorganization - WSJ
September 21, 2022 1:21 PM EDTThe Wall Street Journal reported Wednesday that Meta Platforms (NASDAQ: META) has been discussing cost cuts, hiring freezes and "ruthless prioritization" as it aims to tackle stalling growth.
However, the company has not discussed layoffs, the WSJ stated.
Nonetheless, citing former managers familiar with the matter, the technology giant is said to have begun quietly nudging out a substantial number of... More
Apple (AAPL) To Move Nearly 25% of Supply Chain Outside of China, 25% of iPhones Could Be Produced in India - JPMorgan
September 21, 2022 6:58 AM EDTApple (NASDAQ: AAPL) To Move Nearly 25% of Supply Chain Outside of China, 25% of iPhones Could Be Produced in India - JPMorgan
Analyst Gokul Hariharan comments "We are seeing more aggressive plans for production relocation and forecast that ~25% of Apple products will be manufactured outside China by 2025 (compared to... More
