For years, Tim Cook has been bullish on India. Now, he is betting on the Asian giant as it diversifies from China as Apple expands its India footprint.
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April 21, 2023April 21, 2023Technology
Reuters was first to report that SoftBank’s Arm aims to raise at least $8 billion in U.S. IPO
Reuters was first to report that Arm Ltd, the British chip designer owned by Japan’s SoftBank Group Corp (9984.T), is seeking to raise at least $8 billion from what is expected to be a blockbuster U.S. stock market launch this year. Arm is expected to confidentially submit paperwork for its initial public offering in late...
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April 21, 2023April 21, 2023Technology
Nvidia’s plans for sales to Huawei imperiled if U.S. tightens Huawei curbs-draft
Reuters exclusively reported that U.S. chipmaker Nvidia Corp’s plans to sell technology to China’s Huawei would be thwarted if the U.S. government proceeds with a proposal to further restrict shipments to the blacklisted company. The Biden administration has been considering limiting the items it authorizes U.S. companies to ship to Huawei, which was added to...
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Stockspot Sustainable Portfolios: March 2023 Update
Stockspot Sustainable Portfolio performance update and insights for sustainable investing in 2023. The post Stockspot Sustainable Portfolios: March 2023 Update appeared first on Stockspot Blog.
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What are the best ways to invest in artificial intelligence through ETFs
How to invest in artificial intelligence (AI) like ChatGPT using an exchange traded fund (ETF). We compare the best AI ETFs on the ASX for 2023. The post What are the best ways to invest in artificial intelligence through ETFs appeared first on Stockspot Blog.
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April 21, 2023April 21, 2023Finance
Reuters exclusively reported that India plans to extend fuel export curbs beyond March
Reuters exclusively reported that India intends to extend restrictions on the export of diesel and gasoline at the end of the month to ensure availability of refined fuels for the domestic market. The extension of rules may discourage some Indian refiners from buying Russian fuels for re-exports. The restrictions were introduced after private refiners, including...
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JPMorgan, Citi raise full-year forecasts for China’s economy
Analysts at JPMorgan and Citi raised their forecasts for China’s full-year growth in 2023 to 6.4% and 6.1%, respectively.
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Ford F-150 Lightning fire footage highlights a growing EV risk
Fires involving EV batteries can burn hotter and longer and require new techniques to extinguish, posing a growing challenge to first responders.
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April 21, 2023April 21, 2023Technology
Whole Foods plans to lay off several hundred corporate employees: Read the memo here
The cuts translate to about less than half of a percent of the company’s global workforce.
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Michael Schumacher’s family taking legal action over A.I. interview
Schumacher suffered a brain injury in a skiing accident in December 2013, and his family have guarded his privacy since with updates on his recovery kept to a minimum.