If there is any tiny positive from Apple’s fresh iPhone production warning, it’s that recession fears haven’t stopped people from wanting $1,000 plus new models and waiting weeks to get them. “Supply chain challenges have been frequent the last couple of years, and there is limited evidence that delays in shipping devices have had any impact on overall volumes for a product cycle (example: iPhone 12 or iPhone 13) over a multi-quarter period.” JP Morgan analyst Samik Chatterjee wrote in a note… Source link
Read More »Here Is a Silver Lining for The Looming Stock Market Crash
The breakdown in S&P 500 with spike of volume on 13 June 2022 followed by a weak rally up after the Fed’s FOMC pointed to the bearish scenario. The current market development is similar to the global financial crisis in 2008 in terms of both price structure and the market rotation sequence as explained in the video at the bottom of this post. Using Wyckoff Method to Spot the Silver Lining After a more than 10% drop in 6 trading sessions, S&P 500 is right at a vulnerable spot where a stock… Source link
Read More »Facebook’s Q3 results had a “pretty thick silver lining,” says analyst
Facebook (FB) shares took a hit Tuesday following news Monday that it’s seeing headwinds from Apple’s (AAPL) recent iOS privacy changes and waning interest among younger consumers. The news came after Facebook reported earnings that beat on profit but missed on revenue. While the company’s stock was down nearly 5% just before 2:30 p.m. Wednesday, MKM Partners analyst Rohit Kulkarni told Yahoo Finance Live that the social media giant’s earnings were actually better than feared. During… Source link
Read More »Google’s Cloud Won’t Have Amazon’s Silver Lining
Alphabet has been reporting Google Cloud revenue for a year now. Photo: David Paul Morris/Bloomberg News … Source link
Read More »View: Google’s workers unionising is the silver lining on a dark Big Tech cloud
Chewy Shaw, an engineer at Google, attends a video meeting with other workers in the union from his home Synopsis On the back of automation and outsourcing, a handful of tech giants and their generously paid tech workers are shaping a twotiered society, hollowing out the middle-class in the US. Pressure groups like worker unions could play an important role in setting the stage for collective bargaining. Earlier this month, 225-odd workers got together at Alphabet — parent conglomerate of… Source link
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