Foxconn Technology Group, the world’s biggest contract manufacturer for electronics, is deepening its investment in Lordstown Motors Corp., a once-troubled EV startup that recently began building its first all-electric pickup truck at a former General Motors Co. plant Read more
Tag: Industrial Electronics
All eyes on China as Apple and Foxconn outline zero-COVID issues. Meanwhile, cases are rising again in the U.S.
China’s strict zero-COVID policy was making headlines Monday after Apple and iPhone manufacturer Foxconn said over the weekend that restrictions are crimping production and will delay shipments of the high-end Read more
All eyes on China as Apple and Foxconn outline zero-COVID issues. Meanwhile, cases are rising again in the U.S.
China’s strict zero-COVID policy was making headlines Monday after Apple and iPhone manufacturer Foxconn said over the weekend that restrictions are crimping production and will delay shipments of the high-end Read more
Here’s how much China stocks still could rally from zero-COVID, say Goldman Sachs strategists
Wall Street stocks are poised for a bounce to start a new week, with politics one spotlight as U.S. midterm elections are set to get under way. Many expect a Read more
Are eggs cheaper yet? Is the plan to stop inflation working? How long can we hang on? Here’s where things stand.
This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it Read more
Sharp Corp. shares decline after guidance cut
Sharp Corp. 6753, -2.82% shares fell Monday, after the Japanese electronic products maker lowered its full-year net profit forecast because of weaker display demand. The shares lost as much as Read more
Opinion: A switch to ‘premium’ can keep you invested amid the tech wreck in stocks
It seems as if the stock market is punishing all technology companies regardless of performance. That underlines a set of opportunities for long-term investors. There were many eyes on this Read more
Why U.S. midterm election matters to crypto, and how
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll walk you through the latest and Read more
Block stock rockets higher after earnings as Square parent beats on profit
Shares of Block Inc. were rising 13% in after-hours trading Thursday after the payment-technology company exceeded expectations with its latest earnings and gross-profit figures. The company, which changed its corporate Read more
Qualcomm stock plunges to lowest price in more than two years as magnitude of smartphone shortfall shocks Wall Street
Wall Street had braced for a bumpy ride as Qualcomm Inc. navigated an oversupplied market for smartphone chips, but the chip maker’s stock still got T-boned Thursday after a disappointing Read more