UBS shakeup, chipmaking cheer, SBF bribery charge - what's moving markets

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GM and Google (GOOGL) partner to phase out Apple (APPL) CarPlay in EVs

March 31, 2023 12:07 PM EDT

General Motors (NYSE: GM) is making the decision to phase out its widely-used Apple (NASDAQ: APPL) CarPlay and Android systems, shifting instead to built-in infotainment systems developed with Google for future electric vehicles. Apple CarPlay and Android Auto systems allow users to mirror their smartphone screens in a vehicle's dashboard display.

As reported by Reuters, starting with the 2024 Chevrolet Blazer, GM is... More

Mizuho Defending Micron Technology (MU), 'Buy the Pullback'

March 31, 2023 10:47 AM EDT

Mizuho Securities analyst Vijay Rakesh reiterated a Buy rating and $72.00 price target on Micron Technology (NASDAQ: MU)

The analyst comments "This morning, there are reports of a China Cybersecurity review of MU. It could be a double-edged sword, in our view, as: 1) China has... More

Apple and Disney worth more together than separately, says Needham & Company

March 30, 2023 8:11 AM EDT

In a note on Apple (NASDAQ: AAPL) vs. Walt Disney (NYSE: DIS), Needham & Company analyst Laura Martin stated that Apple and Disney are complementary networks.

The analyst, who has a Buy rating and $170 price target on Apple, said... More