Walmart said it’s teaming up with Microsoft in a bid for TikTok. The retail giant confirmed to CNBC that it’s interested in buying the popular short-form video application. TikTok’s Beijing-based parent company, ByteDance, is nearing an agreement to sell its U.S., Canadian, Australian and New Zealand operations in a deal that’s likely to be in […]
Apple today hit a market value of $2 trillion, doubling in valuation in just over two years. Apple, the first publicly traded U.S. company to reach a $1 trillion market cap, is now the first publicly traded U.S. company to reach a $2 trillion market cap. Apple first reached a $1 trillion market cap on […]
U.S. companies whose fortunes are linked to China are pushing back against the Trump administration’s plans to restrict business transactions involving Tencent Holdings Ltd’s WeChat app, the Wall Street Journal reported on Thursday. via NYT Business Day https://ift.tt/3gT0293
“With the iPhone launch expected in around three months, we think it is instructive to review Apple’s relative price performance in the periods before and after an iPhone launch,” Daryanani writes. “In past launches, the greatest average outperformance has come during the 180 day period leading to the launch. The 90 day period prior to […]
