Apple is now the world’s most valuable company, surpassing Saudi oil firm

Cupertino-based tech giant Apple has become the world’s most valuable company that trades publicly, going past Saudi Aramco– Saudi Arabia’s state-owned oil company. As per a report by CNBC, “Apple shares closed up 10.47% Friday, giving it a market valuation of $1.84 trillion.” Meanwhile, Saudi Aramco trails at $1.76 trillion. While the COVID-19 pandemic disrupted […]

RIL is world’s 2nd biggest brand; Apple No 1

One of the most profitable companies in India, Reliance is, “very well respected” and “seen as behaving ethically” as well as being associated with “growth”, “innovative products” and “great customer service”, it said. “In particular, people have a strong emotional connection with the organisation.”

COVID-19 vaccine approval could stall tech stocks boom: Goldman

(Reuters) – Approvals for a potential COVID-19 vaccine later this year could threaten the recent surge in speculative investment in big U.S. technology companies and pull investors back towards more traditional growth-linked cyclical stocks, according to analysts at Goldman Sachs.

Asia’s richest man Mukesh Ambani saw his wealth surge $18 billion this year

By P R SanjaiIt’s been a good year for Asia’s richest man, Mukesh Ambani.The Indian tycoon added almost $17 billion to his wealth as of Dec. 23, the most in Asia, taking his net worth to about $61 billion, according to the Bloomberg Billionaires Index. In comparison, Alibaba Group founder Jack Ma’s net worth grew […]

US STOCKS-Megacap earnings lift Nasdaq but fiscal uncertainty weighs

The four companies are among the top five in market capitalization, representing roughly 20% of the S&P 500’s total, and Apple’s gain pushed it ahead of Saudi Aramco as the world’s most valuable public company, according to Refinitiv data.

US STOCKS-Nasdaq surges on megacap earnings but fiscal uncertainty lingers

“It seems like they are far apart and supposedly they are working at it and there is a lot of name calling and as usual there is a lot of bad blood between these two parties and they have to come to some compromise, clearly, but they are not there, that’s for sure,” said Ghriskey.

Nasdaq surges on megacap earnings but U.S. fiscal uncertainty nags

It was a choppy session with each major index up and down. The Dow at one point fell more than 1%. In late trade, stocks moved higher into the close as Microsoft shares pared losses of more than 2% after reports the company was said to be in talks to buy video app TikTok.

Is Apple ditching the charger from iPhone 12? Here’s what analysts think

Apple is expected to launch four new iPhone 12 5G models later this year. The iPhone 12 Pro and Pro Max are likely to get a 120Hz refresh rate display. The wait for the iPhone 12 series may be longer than expected. Reports in the past have claimed that Apple will delay the launch date […]

Apple to launch 10.8-inch iPad in H2 2020, 8.5-inch iPad mini in the works

Kuo also stated that Apple will include a 20W charging adapter in the box with both the iPad models. The same 20W fast charging brick is said to be made available as an optional accessory for the iPhone 12, which will be sold separately. Kuo believes that Apple will not include the charging adapter and […]

Drone Armada Buzzed US’s Largest Nuclear Power Plant and Authorities Still Have No Clue Why

It remains unclear what the drones were doing at the facility. However, Hambling suggested that it may have been intelligence gathering, because a simple test of the plant’s defences could have been carried out using a single drone. “Surveyors use drones fitted with LiDAR, light-based radar, to build accurate three-dimensional pictures of buildings and landscapes […]