Mayhem at Apple’s largest manufacturing facility as protests break out

Foxconn’s plant in Zhengzhou, China, is Apple’s largest iPhone production facility — with as many as 200,000 workers living in a domestic campus. The city has been under strict COVID restrictions since the start of November — as China flip-flops between reopening and closing. Protests erupted at the factory in recent days. How did it…

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China’s slow growth is having negative impacts on its largest tech giants

China’s big tech giants are recording their lowest levels of growth, and there are too many fingers to point… What’s the big deal? China’s consumer spending has slowed as a property crisis, regulatory crackdowns, and zero-COVID policies ravage its economy. These issues led to a poor quarter for the country’s tech giants: E-commerce and cloud…

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Tinder’s parent company Match Group is struggling in the dating game

Tinder — which has a reputation for hookups — is failing to attract Gen Zs, and if it doesn’t innovate soon, it runs the risk of turning into this generation’s eHarmony. The other option for Tinder’s parent company Match Group (NASDAQ:MTCH) is to acquire the next Tinder. Does “we met on Tinder” have a bad…

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Investors will have to wait longer for Apple’s next big bet

This week, Apple (NASDAQ:AAPL) held its Worldwide Developers Conference (WWDC), showcasing new features and product updates. As an investor, what should you get excited about… if at all? No news on Apple’s next big bet during WWDC In 2016, CEO Tim Cook said Apple is heavily investing in augmented reality — calling it the next…

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Problems compound at Meta with the departure of Sheryl Sandberg

Last week, Meta’s Chief Operating Officer, Sheryl Sandberg, announced her departure. Execs leave all the time, but the importance and timing of this one raises eyebrows. Meta is down 42% in 2022 and is making a massive pivot to the metaverse with billions in planned investments. What could go wrong? Meet Meta’s ex-number two exec……

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Carvana trades in its unprofitable model

Used-car retailer (vending machine) Carvana is trading in its old cash-guzzler business model for a new profitable one. What’s the big deal? During COVID, Carvana’s stock soared alongside rising used car demand and prices. Last year, that quickly reversed as investors shunned unprofitable growth stocks — sending Carvana down nearly 90% and now trading below…

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Top-performing FAANGM stocks have this in common…

The top-performing FAANGM stocks (AMZN, MSFT, GOOGL) have something in common: a rapidly growing cloud business. What it does: Cloud platforms help customers store or access data virtually on the cloud, provide computing resources to run applications and more. Why it matters: 94% of enterprises are already on the cloud, and 30% of IT budgets…

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Are FAANG stocks past their prime?

The FAANG stocks may no longer be the stocks we once loved, but they still have a place in many investor portfolios. It’s Meta and Netflix that are questionable choices… Deprecating the FAANG stocks acronym The FANG+ Index — which tracks the performance of 10 highly-traded tech stocks (i.e., FB, AAPL, AMZN, GOOGL, NFLX) —…

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Microsoft’s product diversification shields investors

Microsoft (NASDAQ:MSFT) is the world’s second-largest company by market cap. They are doing everything they can to catch up to Apple — reporting solid third-quarter earnings, which sent $MSFT up 4.8% yesterday. What’s the big deal? Microsoft can mean different things to people: Office, Xbox, LinkedIn, Azure… a diversified powerhouse that has mitigated supply chain…

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