Latest in Apple's market share slides in China as iPhone shipments decline, analyst Kuo says
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Apple's market share slides in China as iPhone shipments decline, analyst Kuo says
Analyst Ming-Chi Kuo wrote in a post on Friday that Apple is losing market share in China due to declining iPhone shipments.CNBC - 4h -
Stellantis aims to reverse yearslong declines in U.S. sales and market share in 2025
Stellantis' top priority for the U.S. this year is to grow its retail market share after several years of declining sales in its largest, most crucial market.CNBC - 7h -
R. Nicholas Burns, U.S. Ambassador, Says China Is Aligned With ‘Agents of Disorder’
R. Nicholas Burns, the top U.S. diplomat in Beijing, says the Biden administration is making a final push to urge China to reconsider its tilt toward Russia, Iran and North Korea.The New York Times - 11h -
Apple Says It Is Fixing AI Notification Summaries. It Missed the Most Important Part
The company is responding to complaints from the BBC but it’s not clear this solves anything.Inc. - 1d -
After $95 Million Settlement, Apple Says It Never Sold Data From Siri
The tech giant, which has a reputation for prizing user privacy, denied that its voice assistant app collected information and used it to create marketing profiles.Inc. - 1d -
Ford CEO says China operations earned $600 million in 2024
Ford Motor's operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night.CNBC - 1d -
Number of single adults in U.S. declines for 1st time in years, survey says
"Singledom has peaked," said Dr. Richard Fry, a labor economist at Pew Research Center who conducted the survey.CBS News - 1d -
China’s bond market is screaming deflation
Investors to Beijing: C-, must do betterFinancial Times - 1d -
Costco’s holiday-season sales jump was not just about food, analyst says
Costco Wholesale Corp. on Wednesday reported a 9.9% year-over-year sales gain through the final stretch of the holiday-shopping season, marked by a big jump in online sales.MarketWatch - 2d -
Indonesia says $1bn offer from Apple not enough to lift iPhone 16 ban
Minister says proposed AirTag factory would not help US tech giant meet local content rules on smartphone salesFinancial Times - 2d -
McDonald’s new McValue menu foreshadows cheaper fast food elsewhere — and more struggles for chains, analysts say
After fast-food chains tried to win over inflation-weary customers with discounts last year, McDonald’s Corp. kicked off 2025 with yet another deal, launching its new “McValue” menu intended to ...MarketWatch - 3d -
What a Wall Street analyst gets wrong about Apple in rare sell call on the stock
MoffettNathanson downgraded shares of the iPhone maker to sell from hold Tuesday.CNBC - 3d -
Powerful earthquake kills over 100 in Tibet, China's state media say
A strong earthquake killed more than 100 people in Tibet and left many others trapped in the autonomous region of western China, state media say.CBS News - 3d -
Job openings reverse long decline, but the U.S. labor market is still not out of the woods
President-elect Donald Trump is inheriting low unemployment after several years of strong postpandemic hiring, but he’s also confronting a weakening labor market in which fewer jobs are available ...MarketWatch - 3d -
GTA 6 Could Set "New Industry Standards," Analyst Says
Grand Theft Auto VI is set for release later this year and it's expected to be among the biggest launches of the year. One analyst has now said the game is so momentous that it could "reshape the ...GameSpot - 3d -
Bill Belichick says he had "shared vision" with Patriots, until "the last four years"
The decision of the Patriots to create a succession plan, while smart on paper, fell flat in practice.Yahoo Sports - 3d -
Bank of America’s stock could go up 20% in 2025, says this analyst
UBS’s Erika Najarian upgrades Bank of America to buy from neutralMarketWatch - 3d -
Apple says it will update AI feature after inaccurate news alerts
One alert claimed BBC story said Luigi Mangione, alleged murderer of US healthcare CEO, had killed himself. Apple has said it will update an artificial intelligence feature that has issued ...The Guardian - 3d -
Chewy is entering ‘beast mode,’ with more than 50% upside ahead, says analyst
Chewy Inc. is well-positioned for a strong 2025, according to Mizuho Securities, which has upgraded the online retailer of pet products to outperform.MarketWatch - 4d -
Analysts embrace ServiceTitan’s market-share potential in parade of buy ratings
The software maker for blue-collar businesses, which recently went public, draws “buy” or “overweight” ratings from at least six analysts.MarketWatch - 4d -
China's Xi Jinping says corruption is the 'biggest threat' to the Communist Party
Corruption is the biggest threat to China’s Communist Party, President Xi Jinping said Monday, in a warning that he is resolved to tackle the entrenched problem.NBC News - 4d -
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Is creative destruction on the decline?
Policymakers can raise growth by targeting economic agilityFinancial Times - 4d -
Biden plans to send $8bn arms shipment to Israel
The weapons consignment, which needs approval from House and Senate committees, includes air-to-air missiles.BBC News - 6d -
Fire at food market in northern China kills eight people and injures 15
Cause of fire in city of Zhangjiakou in Hebei province is under investigation. At least eight people have died and 15 are injured after a fire broke out at a food market in northern China, ...The Guardian - 6d -
US homebuilder shares slide on fears of higher rates and Trump tariffs
Threat of rising costs brings post-pandemic rally to a haltFinancial Times - 6d -
Fire at a food market in northern China kills at least 8 and injures 15
Chinese state media says a fire at a food market in northern China killed at least eight people and injured 15 othersABC News - 6d -
Taiwan says China is redoubling efforts to undermine democracy with disinformation
Taiwan's government says China is redoubling efforts to undermine confidence in the self-governing island's democracy with the spread of disinformation, especially onlineABC News - 6d -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - Jan. 3 -
Foreign phone sales plunge 47% in China, spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.CNBC - Jan. 3 -
Microsoft May Bring "All Their Big Games" To PS5, Analyst Says
According to a veteran video game industry analyst, 2025 could be the year that Microsoft goes "all-in" on bringing its Xbox games to other platforms, including PlayStation 5. Microsoft, of course, ...GameSpot - Jan. 3 -
Apple offers holiday discount in China as Huawei competition heats up
Apple is facing heightened competition from a resurgent Huawei and other domestic brands.CNBC - Jan. 3 -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - Jan. 3 -
Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.The Wall Street Journal - Jan. 2 -
Tesla Shares Slip After First Annual Sales Decline
The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.The New York Times - Jan. 2 -
Tesla shares fall as company reports first decline in annual deliveries
Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker. Tesla reported its first decline in annual deliveries on Thursday, as the automaker ...The Guardian - Jan. 2 -
China steps up drive to break Boeing and Airbus grip on plane market
State-owned Comac opens offices abroad and pushes for overseas certification as it increases output of C919 jetsFinancial Times - Jan. 1