0%
Loading ...

Uncategorized

Apple CEO sends worrying message on rising iPhone costs

Apple (AAPL) customers may soon see the impact of artificial intelligence in an unwelcome place: the retail checkout screen. Apple has always relied on its vast supply chain to shield its premium-device industry from abrupt shocks. That’s helped the corporation keep its hardware engine chugging amid inflation, tariff concerns, and unpredictable customer demand. That margin

Apple CEO sends worrying message on rising iPhone costs Read More »

Opendoor CEO warns housing market has stopped working

There’s a problem with the housing market. Homes are coming onto the market, yet many residences are sitting idle. Buyers seek relief, but mortgage rates are still high enough to make monthly payments difficult. Older homeowners who may otherwise downsize are staying put, because moving could mean losing a considerably cheaper mortgage. That leaves first-time

Opendoor CEO warns housing market has stopped working Read More »

After closing 1,000 restaurants, seafood chain sees clear sailing

Sometimes, a business has to get smaller in order to grow, or at least that’s what executives including Wendy’s CFO Ken Cook say when they’re explaining closing locations. “We’re focused on improving restaurant-level economics, taking a hard look at underperforming restaurants in our system from both the financial and customer experience perspective and working with

After closing 1,000 restaurants, seafood chain sees clear sailing Read More »

Michael Burry sees a $3 trillion problem with SpaceX

SpaceX already nailed its first test stock market test. The tough question is whether investors can detach the stock from the company. Elon Musk’s rocket, satellite, and artificial intelligence company has become one of the most controversial new listings on the market after a record-breaking initial public offering and rapid ascent. The company’s story is

Michael Burry sees a $3 trillion problem with SpaceX Read More »