Taiwan's Foxconn has appointed Michael Chiang as the new boss for its iPhone assembly business after a tumultuous year in China, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Taiwan's economy likely expanded much more slowly in the fourth quarter compared to the prior quarter due to increased global economic headwinds denting demand for technology which is a key export, a Reuters poll showed on Tuesday.
Billionaire investor Ryan Cohen has built a stake in China's Alibaba Group worth hundreds of millions of dollars and is pushing the e-commerce giant to increase and speed up share buybacks, people familiar with the matter said on Monday.
The five FAANG stocks took a beating in 2022. Last year, each and every one of these tech titans underperformed the S&P 500 index, which wasn't having a great year in the first place:
A sell-off in 2022 led the Nasdaq-100 Technology Sector index to plunge 34% year over year. As the tech industry is known for its wealth of growth stocks, now is an excellent time to invest in the consistently developing sector.
The tech sector had a difficult year in 2022, as soaring inflation followed by rapidly rising interest rates brought the sector back down from the meteoric valuations it saw in 2021.
Market corrections are a painful but inevitable part of the investing cycle. Yet, there's an upside to the pain. Every bear market has represented an opportunity for patient investors to scoop up great companies on the cheap.
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett used to have a reputation for being somewhat averse to the technology sector. Through his years of market-crushing performance, the famously successful investor generally preferred to put his company's money behind
Taiwan Semiconductor Manufacturing's (NYSE: TSM) stock price jumped 6% on Jan. 12 after the world's largest contract chipmaker posted its fourth-quarter report. Its revenue rose 43% year over year to NT$625.5 billion ($19.9 billion), but missed analysts' expectations by NT$10.5 b
Warren Buffett has a case for the title of the greatest investor of all time; understandably, a $110 billion net worth gets you a lot of respect. The Oracle of Omaha owns many stocks, but it could be his holding in Bank of America (NYSE: BAC) that gets me the most excited. The ba
For Immediate ReleaseChicago, IL – January 16, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured
For Immediate ReleaseChicago, IL – January 16, 2023 – Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts yo
The Nasdaq-100 technology index plunged into bear territory during 2022, ending the year with a decline of 33%. Wounded tech investors might be pleased to learn that 2023 could be a booming year for the index if history is any guide. That's because, since its inception in 1985, t
Launched on 10/23/2000, the iShares S&P 100 ETF (OEF) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.
IQE Plc said on Monday it expected destocking in the wider industry to weigh on demand from its existing customers in the first half of the current fiscal year, after the chip components supplier forecast an 8% revenue growth in 2022.
If you are an active investor, then you've likely heard the name Warren Buffett once or twice, given that he's one of the greatest investors of all time.
Last year's interest rate increases are reminding everyone about the merits of value investing, but that doesn't mean you should ignore tech stocks. While "tech" gets a bad rap due to many high-profile yet unprofitable companies -- mostly in the software or EV spaces -- many hard