Apple is abandoning its years-old effort to build an electric car, Bloomberg reported Tuesday, shifting employees to focus on the booming artificial intelligence space.
Apple has canceled work on its electric car, shifting some employees to its artificial intelligence project, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.
Apple is scuttling its secretive, long-running project to build an autonomous electric car, according to Bloomberg. The company has already started laying off some people who worked on the project, Te

The not-so Magnificent 7: Alphabet and Apple

01:02pm, Tuesday, 27'th Feb 2024
The Investment Committee debate the 2 "Mag 7" stocks, Alphabet and Apple, that aren't living up to the 'magnificent' title.

ETFs in Focus as Amazon Enters Dow Jones

11:01am, Tuesday, 27'th Feb 2024
Amazon.com (AMZN) joined the Dow Jones, replacing drugstore operator Walgreens Boots Alliance (WBA) on Feb 26. The reshuffle reflects the ongoing shift from traditional brick-and-mortar retail to e-co
We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income.

3 Tech Stocks Bracing for a Deeper Dive

09:11am, Tuesday, 27'th Feb 2024
Tech stocks in the United States sustained a jaw-breaking rally in 2023, with the Nasdaq beating all other indices, accruing a more than 43% return. While stocks largely did not begin 2024 with a g
While it isn't entirely uncommon for very famous and highly successful investors to keep many of their eggs in the same basket – as evidenced by the fact that 50% of Warren Buffett's portfolio comes
Buffett listed two long-time Berkshire holdings as stocks the conglomerate will likely own "indefinitely." He also added six other stocks to the group: an oil and gas innovator and five Japanese tradi
Olivia Dalton, the White House principal deputy press secretary and a long-time aide to President Joe Biden, has told senior staff she plans to leave for a senior communications job at Apple (AAPL.O),
Generally speaking, investors buy tech stocks for their exposure to growth and not dividends. When the tech sector gets hot, it grows very quickly producing rapid returns.

HTC boss welcomes Apple VR competition

12:28pm, Monday, 26'th Feb 2024
The boss of consumer electronics firm HTC on Monday welcomed Apple's launch of its own a mixed reality headset, saying it will help the technology take off and become mainstream.

Apple And Tesla On The Chopping Block?

11:34am, Monday, 26'th Feb 2024
U.S. stocks are in a bull market, with stocks generally moving higher and reacting positively to news. We think we are reaching the limits of passive indexing.

Why To Add SCHO To Your Dividend Portfolio

09:50am, Monday, 26'th Feb 2024
Why To Add SCHO To Your Dividend Portfolio
Apple's services segment continues to shine. The company depends on selling phones and computers, and the growth just isn't there right now.
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