Apple (NASDAQ: AAPL) will be producing 8 million more units of its recently launched iPhone 11. This is according to a recent report released by Nikkei Asian Review in which they inform Apple told suppliers it needs a production increase of 10%. Apple To Produce More iPhones The recognized phone manufacturer Apple will be producing…
According to the latest UBS Global Real Estate Bubble Index, there is no fear of a bubble in the real estate market in Dubai. At the same time, the study released by the company shows that there is a significant overvaluation of housing markets in half of all evaluated cities. Real Estate Market In Dubai…
Exxon Mobil (NYSE: XOM) stock price trades around the lowest level in the last nine months. The downtrend is accelerating amid declining oil prices. XOM shares are currently trading around $68. This is slightly down from a 52-weeks low of $64 a share. Exxon Mobil stock price could experience the extension of the bearish trend….
Tesla (NASDAQ: TSLA) stock price bounced back over the last couple of weeks after experiencing pressure during the first half. The stock is receiving support from its aggressive growth strategies. The announcement of DeepScale acquisition added to investors’ sentiments. The acquisition is likely to help Tesla in the development of fully autonomous vehicles. DeepScale’s technology…
With the US-China trade war seeing no end in the foreseeable future, the world economy is being dragged down by it. Strategists have changed their speculations to show that sovereign bonds will give their lowest yields since speculation polling began seventeen years ago. The US-China trade war is bumping against all the delicately placed dominoes…
General Motors (NYSE: GM) stock price has been trading in a narrow range over the past couple of years. The range-bound movement is due to modest revenue growth along with macroeconomic headwinds. General Motors stock price traded in the range of $30 to $40 in the past five years. The stock has hit a 52-weeks…
Ford (NYSE: F) stock price has been trading below $10 level over the last two months. The stock had traded in a double-digit figure during the second quarter. However, investors concerns over the trade war and lower revenue growth again slashed its share price into the single digit. The downgrade to Junk status from Moody’s…
Tesla (NASDAQ: TSLA) stock price has been under pressure over the last couple of months. Traders concerns over increasing market competition supported the bearish sentiments. The share price tumbled from an all-time high of $380 at the beginning of this year to $240 a share at present. Tesla stock price bounced slightly since the start…
Bitcoin has seen the biggest price drop in 2019 in the last few days. For the first time since June, the number one cryptocurrency crashed to $8,000 and even below to high $7ks. This has raised a lot of questions, particularly because the crash coincides with the launch of the long-awaited Bakkt physical Bitcoin Futures…
Chinese technology giant Xiaomi Corp. is reportedly seeking a $1 billion loan two years after securing a loan of the same size from a group of 18 banks for a global expansion. Five-year Bullet Club Loan Bloomberg reported on Wednesday that the Beijing-based company is back to the loan market with a $1 billion refinancing…
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