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Need to Know: The real opportunities are with Empire Strikes Back stocks, not the megacap tech giants, says Capital Group fund manager

Need to Know: The real opportunities are with Empire Strikes Back stocks, not the megacap tech giants, says Capital Group fund manager
mrtopstep.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mrtopstep.com Daily Mail and Mail on Sunday newspapers.

ALERT! MSM: The World Economy Is Suddenly Running Low on Everything Major Global Supply Crunch! – Investment Watch

…the difference between the big crunch of 2021 and past supply disruptions is the sheer magnitude of it, and the fact that there is as far as anyone can tell no clear end in sight. Big or small, few businesses are spared. Europe’s largest fleet of trucks, Girteka Logistics, says there’s been a struggle to find enough capacity. Monster Beverage Corp. of Corona, California, is dealing with an aluminum can scarcity. Hong Kong’s MOMAX Technology Ltd. is delaying production of a new product because of a dearth of semiconductors. Further exacerbating the situation is an unusually long and growing list of calamities that have rocked commodities in recent months. A freak accident in the Suez Canal backed up global shipping in March. Drought has wreaked havoc upon agricultural crops. A deep freeze and mass blackout wiped out energy and petrochemicals operations across the central U.S. in February. Less than two weeks ago, hackers brought down the largest fuel pipeline in the U.S.

Epic Games lawsuit against Apple for alleged anti-competitive behavior finally comes to court

SHARE Epic Games Ltd.’s lawsuit against Apple Inc. over alleged anticompetitive behavior has finally come to court as Apple defended its control of its App Store. Epic, perhaps best known as the creator of the popular battle game “Fortnite,” filed a lawsuit against Apple in August after “Fortnite” was removed from the Apple App Store as well as Google LLC’s Play Store. “Fortnite” was removed after Epic added the ability in the iOS and Android versions to purchase in-game items directly from Epic itself. Both the Apple App Store and Google Play Store require all app purchases to be made through the respective store directly, with Apple and Google each taking a 30% cut.

After beating earnings forecasts, Apple warns of supply shortages

After beating earnings forecasts, Apple warns of supply shortages SHARE Apple Inc. beat market expectations today with its latest quarterly earnings report, but the company warned that it’s facing supply shortages in its current quarter. For its fiscal second quarter ended March 27, Apple reported revenue of $89.6 million, up 54% year-over-year and quarterly earnings of $1.40 per share. Analysts had been predicting a profit of 99 cents a share on revenue of $77.4 billion. The revenue figure was driven by growth across Apple’s entire portfolio of products. Mac revenue in the quarter jumped 70% from a year ago, to $9.1 billion. Meanwhile, iPad revenue rocketed 79%, to $7.8 billion, up 78.9%. Other product revenues rose 24%, to $7.83 billion.

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