Apple-0.42%PostInvestors are getting a little jittery about the outlook for Apple iPhone sales.Apple generates more than half of its revenue from the smartphones, without even counting the billions of dollars brought in by the App Store and the growing suite of iPhone-based services. And right now, there are worries that the combination of Covid-related manufacturing shutdowns in China, component shortages, and signs of softening in the consumer economy are putting current Street expectations for the iPhone at risk.

US STOCKS-Wall St Jumps with Tech, Energy; Target News Weighs on RetailersReuters07:05DJIA+0.80%NASDAQ+0.94%* Target's margin cut hits some retail stocks* Kohl's climbs on sale talks with Franchise Group* Indexes: Dow up 0.8%, S&P 500 up 1%, Nasdaq up 0.9%NEW YORK, June 7 (Reuters) - U.S. stocks rallied late on Tuesday to end higher for a second straight day as technology and energy shares gained, while Target Corp's warning about excess inventory weighed on retail stocks for much of the session.Apple Inc shares climbed 1.8% despite news earlier in the day that the company must change the connector on iPhones sold in Europe by 2024 after EU countries and lawmakers agreed to a single charging port for mobile phones, tablets and cameras.The S&P 500 technology index rose 1% and gave t

Straits Times Index-0.22%The Singapore stock market has finished lower in seven straight sessions, sinking more than 135 points or 4.4 percent along the way. The Straits Times Index now rests just beneath the 3,100-point plateau and it's predicted to open in the red again on Friday.The global forecast for the Asian markets suggests further consolidation on worldwide recession fears. The European and U.S. markets finished with deep losses and the Asian bourse are also tipped to open in the red.The STI finished slightly lower on Thursday following mixed performances from the financial shares, property stocks and industrial issues.For the day, the index slipped 8.42 points or 0.27 percent to finish at 3,097.43 after trading between 3,094.57 and 3,150.11. Volume was 1.74 billion shares worth 1

Apple+0.23%PostApple is one of the world's best-known companies. But one of the characteristics it is least known for is its dividend payment. The company is relatively new to the dividend-paying list of stocks and is far from reaching Dividend King status. The tech giant resumed paying a dividend in 2012 after a 17-year pause.Still, Apple could be an excellent dividend stock for investors who buy it today. Let's look at its capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock.

Helbiz, Inc. (Nasdaq: HLBZ) 40% HIGHER; announced that today Salvatore Palella, Founder and Chief Executive Officer of Helbiz, purchased 2,044,676 shares of Class A Common Stock (the Class A Common Stock) from a seller for an aggregate price of $2,019,935 which represents about 6% of the common stock.GitLab Inc (NASDAQ: GTLB) 10% HIGHER; reported Q1 EPS of ($0.18), $0.09 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $87.4 million versus the consensus estimate of $77.8 million. GitLab Inc sees FY2023 EPS of ($0.93)-($0.89), versus the consensus of ($0.97). GitLab Inc sees FY2023 revenue of $398-402 million, versus the consensus of $390 million. GitLab Inc sees Q2 2023 EPS of ($0.24)-($0.23), versus the consensus of ($0.25). GitLab Inc sees Q2 2023 revenue o

Apple+0.18%PostAirbnb, Inc.+0.08%Growth stocks are falling out of favor with investors in 2022. Interest rates are rising quickly, a trend that makes the present value of future cash flows worth less.Despite how the market feels about growth stocks, Apple, Roblox, and Airbnb are operating excellent businesses that seem unstoppable. Their stocks are already trading at discounts after the sell-off. Investors should consider adding these three growth stocks if the market crash gains further momentum. Here's why.Apple has decades of proven innovationApple's business is centered around a unique capability to deliver innovative consumer technology products that drive billions in sales -- starting with the Mac computer, iPod, iPhone, iPad, Apple Watch, AirPods, and more. What's important for inve

DJIA+1.61%NASDAQ+2.68%Macy's, discount retailers' stocks climb after raising outlooksWeekly jobless claims dip; Q1 economic contraction confirmedIndexes up: Dow 1.61%, S&P 1.99%, Nasdaq 2.68%(Reuters) - Wall Street closed sharply higher on Thursday after optimistic retail earnings outlooks and waning concerns about overly aggressive interest rate hikes by the Federal Reserve put investors in a buying mood.

SINARMAS LAND LIMITED+0.00%Incredible+0.00%THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 28):Singtel(Z74): Singtel dismisses report of Optus listing; analyst says flotation of Aussie unit now not optimal. Singtel is looking to list its Australian subsidiary, Optus, through an initial public offering (IPO), according to news outletThe Australianon Monday (Jun 27).UOB(U11): United Overseas Bank (UOB) says it intends to issue $400 million worth of perpetual capital securities that will be first callable in 2027.The SGD-denominated perpetual capital securities will be drawn down under the US$30 billion ($41.57 billion) global medium-term note programme.The perpetual capital securities will bear a fixed distribution rate of 4.25% per an

SoFi Technologies Inc. topped expectations with its latest results Tuesday but delivered a mixed forecast in an earnings report that came out several hours before it was officially expected.SoFi (SOFI) reported its results shortly before 1:30 p.m. ET on Tuesday, after its stock had been halted for more than two hours. Reports indicated that the results had mistakenly gone up early, prior to the halt.The financial services and loans company posted a net loss of $110.4 million, or 14 cents a share, compared with a loss of $177.6 million, or $1.61 a share, in the year-prior period. Analysts tracked by FactSet were expecting 13 cents a share in net earnings.

Apple’s (AAPL)annual WWDC (Worldwide Developers Conference) will take place throughout next week and the tech giant’s global fanbase will get an opportunity to find out what products Apple plans on bringing to market.iOS 16, the latest version of Apple’s mobile operating system is expected to get an introduction with the lock screen, messaging and health all boasting meaningful upgrades.Wedbush analyst Daniel Ives also thinks the next major Apple Watch OS will be announced along with a new MacBook Air 2022 version.But Ives anticipates some other, more intriguing surprises, ones which are non-software related. “We importantly believe that Cook & Co. will hit on a number of AR/VR technologies to developers that the company plans to introduce and ultimately this strategy is laying the bre