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Apple made $14 billion worth of iPhones in India last year. That’s roughly 14% of the tech giant’s total production, a number it hopes to increase as it downgrades its reliance on China.
Meta has a new AI chip. The news comes just a day after Google and Intel also revealed new chips, and as the chip monarch of them all — Nvidia — doles out stock grants to employees.
The Dow plunged nearly 500 points yesterday. High inflation wiped out hopes of some sooner-rather-than-later interest rate cuts. Also way down: Trump Media stock.
A Macy’s takeover is still on the table. The department store may have ended its proxy battle with Arkhouse Management and Brigade Capital Management, but Arkhouse got a small win.
Airbus is cruising past Boeing in more ways than one
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