Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?

Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?

Apple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store. After holding steady on iPhone prices a year ago, some analysts expect that Apple AAPL, -1.36% will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design … Read more

Bill Ackman says fast-food chains are an inflationary shield. Here’s two he likes, and one he just sold.

Bill Ackman says fast-food chains are an inflationary shield.  Here’s two he likes, and one he just sold.

A cautious session is ahead for Tuesday, following the worst smackdown since June for major indexes. That’s as an increasing number of investors see the Fed pivoting from rate hikes to be a tall order in the face of stubbornly high inflation and a global growth mess. We’ll find out Friday when Fed Chairman Jerome … Read more

Apple plans to unveil iPhone 14 at Sept. 7 event: report

Apple plans to unveil iPhone 14 at Sept. 7 event: report

Apple Inc. is expected to unveil its latest line of iPhones and smartwatches on Sept. 7, according to a new report. Bloomberg News reported Wednesday that the tech giant will update its flagship smartphones amid a busy fall product rollout that includes three new Apple Watch models and multiple new versions of Macs and iPads … Read more

FAANGs ain’t what they used to be, so beware the bear-market bounce says this hedge fund manager

FAANGs ain’t what they used to be, so beware the bear-market bounce says this hedge fund manager

It’s been some rally. The S&P 500 SPX, -0.20% is starting the week at a seven-week high, bolstered by hopes for a less hawkish Fed and a sense that earnings pessimism was overdone. The benchmark stock index is up 12.6% from the recent low hit md-June, having delivered its best July performance since 1939, according … Read more

Dow clings to gain as earnings season kicks off, with investors scaling back Fed rate-hike expectations

Dow clings to gain as earnings season kicks off, with investors scaling back Fed rate-hike expectations

US stocks rose, but trimmed earlier gains, as investors focused on positive elements in the quarterly results of Goldman Sachs Group Inc. and Bank of America Corp. in an attempt to build upon upside momentum ahead of the Federal Reserve’s interest rate hike next week. How stocks are trading The Dow Jones Industrial Average DJIA … Read more

LG Wants to Partner with Apple For Second-Gen AR/VR Headset

LG Wants to Partner with Apple For Second-Gen AR/VR Headset

Tim CookPhoto: Spencer Platt (Getty Images) Apple’s WWDC event came and went without any mention of an AR/VR headset, but that hasn’t slowed the influx of reports and rumors surrounding this highly anticipated product. Despite the first model’s absence, we’re now learning about Apple’s second generation mixed reality headset. I appreciate your collective eye-rolling and … Read more

US warns Iran’s recent actions could lead to a ‘deepening nuclear crisis’

US warns Iran’s recent actions could lead to a ‘deepening nuclear crisis’

CNN — US Secretary of State Tony Blinken said Thursday that it will “further complicate” efforts to salvage the 2015 Iran nuclear deal if Iran removes cameras that monitor its nuclear program and could lead to “a deepening nuclear crisis and further economic and political isolation for Iran. ” The head of the International Atomic … Read more

There may be little upside left in this stock rally, says Goldman Sachs. Here’s where it advises investors to put their money now.

There may be little upside left in this stock rally, says Goldman Sachs.  Here’s where it advises investors to put their money now.

After seven straight quarterly wins, the S&P 500 is about to log a 3% loss in the first quarter. The last losing quarter was a COVID-fueled 20% slump in March 2020, But a 5% gain for March will make for the best month since October, and the index remains just 4% off its Jan. 4 … Read more