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Apple Maintains Pole Position Even as Global Smartphone Shipments Slumped in 2022

2022 was a tough year for gadget makers and ancillary industries as both PC and smartphone sales tumbled. Apple meanwhile…

Mohit Oberoi
January 27, 2023
Stocks

After Twitter, Meta Also Offers to Restore Trump’s Facebook & Instagram Accounts

After Twitter, Meta Platforms has offered to restore Donald Trump’s social media accounts which it suspended in the aftermath of…

Mohit Oberoi
January 26, 2023
Stocks

Larry Summers Warns Central Banks Against Increasing Inflation Target

Former Treasury Secretary Larry Summers has warned Central Banks against lowering the guard against inflation. His views are in contrast…

Mohit Oberoi
January 22, 2023
Stocks

Disney Pushes Back Against Peltz and Defends Iger & Board in Proxy Fight

Disney (NYSE: DIS) is battling a proxy war with Trian Fund Management’s Nelson Peltz who is seeking a board seat.…

Mohit Oberoi
January 18, 2023
Stocks

Global EV Sales Hit a New Milestone in 2023 amid Strong Sales in China

Global EV (electric vehicle) sales rose 68% YoY to 7.8 million units in 2022 even as overall automotive sales fell…

Mohit Oberoi
January 16, 2023
Stocks

Disney Revises Theme Park Policies as Bob Iger Gets into Action

Last year, Disney (NYSE: DIS) replaced its then-CEO Bob Chapek with his predecessor Bob Iger. Iger has been reviewing several…

Mohit Oberoi
January 11, 2023
Stocks

Coinbase Announces More Layoffs as Armstrong Warns of ‘Further Contagion’

Coinbase (NYSE: COIN) has announced that it would lay off around 950 people as it battles the continued crypto winter.…

Mohit Oberoi
January 10, 2023
Stocks

Jack Ma Cedes Control of Ant Group but Don’t Expect an IPO Soon

Jack Ma has agreed to cede control of Ant Group, the fintech giant that he co-founded. While the move paves…

Mohit Oberoi
January 8, 2023
Stocks

Tesla Stock Rebounds after Hitting 52-Week Lows: Would the Gains Sustain?

Tesla stock (NYSE: TSLA) hit a new 52-week low yesterday before eventually closing in the green. The stock has continued…

Mohit Oberoi
January 7, 2023
Stocks

US Car Sales Fell in 2022 on Supply Chain Issues: Watch Out for Demand Woes Next

US new car sales fell 8% YoY to 13.7 million in 2022. It was the lowest level of sales in…

Mohit Oberoi
January 5, 2023
Stocks

Disney Stock Falls to Multi-Year Lows: Can Bob Iger Revive the Fortunes in 2023?

Disney stock (NYSE: DIS) slumped over 2.5% yesterday and is now at the lowest level in eight years. Last month,…

Mohit Oberoi
December 29, 2022
Stocks

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