Cold Tech War News Today

New insight from Wedbush analyst Dan Ives says Apple and Tesla are two companies 'disproportionately impacted' by the Cold Tech War between the US and China.

Tesla caught in the crossfire of a brewing tech Cold War with China 5 Apr, 2021 10:11 PM 4 minutes to read Tesla founder and chief executive Elon Musk. Photo / AP Daily Telegraph UK By: Laurence Dodds and Michael Cogley It is hard to see how Elon Musks views on Communism would have passed muster during Chinas cultural revolution. The outspoken Tesla boss gave his verdict on Karl Marx last July in a meme posted on Twitter, which summarised the message of Das Kapital as: "Gib me...

With Christmas nearly upon us, many people have visions of Apple’s iPhone 12 wrapped and waiting in their stockings. The 5G-enabled device is Apple’s (ticker: AAPL) hottest iPhone in a decade, helping lift shares 79% this year, far ahead of the 14.5% gain in the Analysts are estimating sales of iPhones will top $160 billion by the end of September 2021, and sales could even exceed that, with reports that the company is boosting production by 30%. The Cupertino, California, company...