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BofA's Hartnett Says US Megacaps to Lead Stocks Until Rates Bite

(Bloomberg) -- The US equity market will continue to rely on a handful of megacap stocks for direction until an uptick in real interest rates ignites recession fears, according to Bank of America Corp. strategists.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesAlphabet Beats

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Micron Technology Receives $6.1B Grant For US Chip Plants Expansion

(CTN News) - The United States proposes to award Micron Technology Inc. $6.1 billion in grants and up to $7.5 billion in loans to help the memory chip maker

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Apple Strengthens Supply Chain in China While Growing Presence in Southeast Asia and India - NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL)

Apple deepens involvement with China and expands production in Southeast Asia and India, balancing political pressures and business needs.

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Tech Bulls Back in Driver Seat After Microsoft and Alphabet Blowouts

Tech Bulls Back in Driver Seat After Microsoft and Alphabet Blowouts
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AI in Spotlight as Google and Microsoft Earnings Prove

AI in Spotlight as Google and Microsoft Earnings Prove
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Apple Strengthens Supply Chain in China While Growing Presence in Southeast Asia and India

Apple Inc (NASDAQ:AAPL) is deepening its involvement with China while expanding its production in Southeast Asia and India, illustrating the iPhone maker’s delicate balancing act between political pressures and business needs. In 2023, Apple increased its number of China-based suppliers and manufacturing sites, reducing its reliance on suppliers from Taiwan, the U.S., Japan, and South Korea, according to a Nikkei Asia review of Apple’s latest official supplier list. Apple publishes an official l

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'Meta Actually Has Major Profit Margins Unlike Tesla': Redditor Reacts To Stock Drop Following Q1 Earnings - Meta Platforms (NASDAQ:META)

Meta Platforms Inc (NASDAQ:META) reported strong Q1 results but disappointing guidance, causing an 11% stock drop. Reddit users discuss valuation and AI investments as key factors for future growth. Investor sentiment remains mixed.

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