This Stat Will Make Facebook & Amazon’s Antitrust Hearing Insanely Awkward

The combined market value of Facebook, Amazon, Apple, and Google stock is equivalent to nearly one-quarter of U.S. GDP. The CEOs of the four firms will testify before Congress later this month. Legislators are looking into antitrust issues raised against the tech giants. Nothing exposes the sheer economic dominance of U.S. tech stocks like Facebook …

Is Apple the Canary in the Economy’s Coalmine?

In February, Apple warned about supply chain disruptions. The uncertainty started a broader market selloff. Last week, Apple announced they were closing some reopened stores in hotspot areas. Are you trying to understand the disconnect between the economy and the stock market? Look no further than Apple (NASDAQ:AAPL). The consumer tech giant has proven remarkably …

Warren Buffett’s Tech Stock Phobia Is Making His Billionaire Ranking Crater

Warren Buffett’s billionaire ranking is under threat from tech billionaires. Ex-Microsoft CEO Steve Ballmer is the latest to eclipse Buffett in net worth. Berkshire Hathaway is underperforming the broader stock market, a repeat of last year. Not that long ago, Warren Buffett regularly ranked among the world’s top three billionaires. But that’s changed, and the …

Who’s The Biggest Coronavirus Loser?

Coronavirus’ aftermath hit Apple’s business operations, with production levels dropping significantly. South Korea’s outbreak is becoming a “grave situation,” with Samsung Electronics’ factory being shut down. Both tech giants are expected to suffer large losses due to the ongoing epidemic. The arguments between iOS and Android lovers can go on forever. While both camps seem …

This Is Why Coronavirus Is a Genuine Threat to Apple Stock

Apple’s AirPods production could be facing a major slowdown from the coronavirus in China. Currently trading above $320 per share, AAPL could suffer if its most rapidly growing product fails to meet demand this quarter. Apple stock hasn’t pivoted lower yet because Wall Street remains sanguine on the economic fallout from the virus. Apple (NASDAQ: …