Apple, Google, Amazon set to launch new devices: what to expect

Apple launches iPhone 13 in the UK Ming Yeung | fake images Apple, Google, Amazon, Samsung and other companies are preparing for a fall full of many new device launches. It’s like a clock. Big tech companies launch the latest products, such as phones, watches, or even flying security robots and drones, starting in August … Read more

Netflix, Chevron, Apple, Alibaba, Amazon

Here’s Wednesday’s biggest call on Wall Street: Morgan Stanley reiterates Apple for being overweight Morgan Stanley said in a note previewing Apple’s earnings later this month that it’s a “high-quality name to buy on a pullback.” “We expect June Q results to be slightly below Street and towards the lower end of the guide, with … Read more

Walmart won’t hold rival event to Amazon Prime Day

Walmart Rollback pricing signs are displayed while customers shop during the grand opening of a new Wal-Mart Stores location in Torrance, California. Patrick Fallon | Bloomberg | Getty Images Walmart won’t be doing its own event to rival Amazon Prime Day this year, according to a company spokesperson. The big-box giant, like other retailers, has … Read more

Wealthy customers will help Apple resist the effects of inflation

An employee arranges Apple iPhones as customer shop at an Apple store. Mike Segar | Reuters The last time Apple faced an inflationary environment like this, it had been a public company for less than a year and its best-selling product was the Apple II home computer. In May, the annual inflation rate in the … Read more

Will Netflix stop binge releases? Experts weigh

A scene from Netflix’s “Stranger Things”. Source: Netflix Can Netflix ditch its party release model? Strange things have happened. The one-time release strategy for television shows is the foundation of Netflix’s strategy. The first seven episodes of “Stranger Things,” which all premiered on May 27, broke records. It is the biggest-ever premiere weekend for an … Read more

Coinbase lays off 18% as execs prepare for recession, ‘crypto winter’

Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images Coinbase is laying off almost a fifth of its workforce amid a collapse in its stock and crypto prices. The cryptocurrency exchange will cut 18% of full-time jobs, according … Read more