Apple shares slip as China factory unrest may further hit iPhone shipments

Nov 28 (Reuters) – Shares of Apple Inc (AAPL.O) fell about 2% on Monday as growing unrest at a key Chinese plant fanned worries of a bigger hit to the already constrained production of higher-end iPhone 14 models. Reuters reported on Friday that the Foxconn (2317.TW)-operated plant, which is the world’s biggest iPhone factory, could… Continue reading Apple shares slip as China factory unrest may further hit iPhone shipments

A great rotation is brewing in Asia as investors shift from India to China, Korea

The nascent revival in North Asian equities is being touted as the start of a potential bull run as bets for China’s gradual reopening as well as the bottoming out of the chip industry intensify. Strategists at Goldman Sachs Group Inc. expect Asia’s equity leadership to shift from Southeast Asia and India to markets like… Continue reading A great rotation is brewing in Asia as investors shift from India to China, Korea

New Morgan Super 3 revealed as Ford-powered 3 Wheeler successor

Morgan is bringing its iconic 3 Wheeler into the modern age with this: the Super 3. The new car swaps the previous version’s V-twin motorcycle engine for a 1.5-litre three-cylinder Ford engine with almost 50 per cent more power, and it’s the first ever Morgan built using a monocoque chassis. The Super 3 is on sale… Continue reading New Morgan Super 3 revealed as Ford-powered 3 Wheeler successor

Morgan unveils limited-run Plus Four LM62

This year marks the 60th anniversary of Morgan’s class win at Le Mans in 1962, where it took top spot in the 2.0-litre class. To celebrate the occasion, the British marque has released a new special-edition version of its Plus Four. Called the LM62, it receives numerous design touches inspired by the Le Mans-winning car,… Continue reading Morgan unveils limited-run Plus Four LM62

Morgan Super 3 gains roof in new Orlebar Brown collaboration

A new one-off Morgan Super 3 has been revealed, which the British brand says is an ultimate ‘holiday ready’ version of its new three-wheeler – not quite in time for the summer.  It’s called the OB x Morgan Super 3, and it has been created in collaboration with luxury swimwear brand Orlebar Brown to showcase… Continue reading Morgan Super 3 gains roof in new Orlebar Brown collaboration

Tesla rebounds as Morgan Stanley says selloff gone too far

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Tesla rebounds as Morgan Stanley says selloff gone too far

What it would mean for Tesla to buy back shares

Tesla investors are begging CEO Elon Musk and the board of Tesla to consider buying back shares as the company’s stock price slumps to a two-year low. Tesla stock was trading at $183.20 after hours on Wednesday, and its market capitalization has plunged by almost $700 billion since its peak a year ago. Musk said… Continue reading What it would mean for Tesla to buy back shares

Tesla (TSLA) gets strong Wall Street backing, stopping the stock’s free fall

Tesla (TSLA) is getting help from Wall Street with several analysts pointing to the stock now being at a buying opportunity level, which is helping to stop the bleeding. As we reported on Monday, Tesla’s (TSLA) stock is taking a beating, and investors are asking the board to help with a share buyback program. Investors… Continue reading Tesla (TSLA) gets strong Wall Street backing, stopping the stock’s free fall

Tesla shares rise on Citi upgrade, Elon Musk talk of a new factory in Asia

Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Tesla shares jumped almost 8% on Wednesday after hitting a 52-week low a day earlier. The rally followed an upgrade by analysts at Citi and an indication from Tesla CEO Elon Musk that… Continue reading Tesla shares rise on Citi upgrade, Elon Musk talk of a new factory in Asia

Tesla rebounds as Morgan Stanley says selloff gone too far

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Tesla rebounds as Morgan Stanley says selloff gone too far