A drop in PC demand may have led traders away from Apple shares on Monday, while a potential shift in market share pushed Micron to its best result in over a year.
As some of the world's biggest companies, FAANG stocks have certainly gained popularity among traders. However, MATANA has recently entered the market and is believed to be the new FAANG. Find out more.
Apple’s CEO Tim Cook said his firm will start buying chips from a new plant in Arizona in 2024 as it seeks to diversify its supply chains and move away from tensions between the U.S. and China over Taiwan.
Alphabet, Meta, and Apple are expected to release their quarterly earnings reports this week, which may present a better picture of how the tech industry fared in recent months.
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