• Thursday top Wall Street calls: Tesla, Lululemon, Apple, Amazon0

    Here are Thursday’s biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said in a note Wednesday night that reports of iPhone 14 delays are overblown. “Our supply chain checks don’t indicate delays, and looking at past flagship iPhone launches, there’s minimal impact to FY shipments or AAPL stock performance when

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  • Apple says it will raise pay for corporate and retail employees in tight labor market0

    Steve Proehl | Corbis Unreleased | Getty Images Apple said on Wednesday that it will raise pay for corporate and retail workers later this year. The move comes during a historically tight labor market in the U.S. and as employees contend with increased inflation and cost of living. Apple’s move comes after Google, Amazon and

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  • Gina Raimondo warns U.S. needs to secure future for chip industry0

    Commerce Secretary Gina Raimondo testifies before a Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on Capitol Hill in Washington, D.C., U.S., February 1, 2022. Andrew Harnik | Reuters U.S. Commerce Secretary Gina Raimondo on Wednesday urged Congress to pass the CHIPS for America Act in order to safeguard national security and

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  • Chip stock picks to cash in on semiconductor boom0

    A massive sell-off in semiconductor stocks this year has created an opportunity to buy the dip, Morgan Stanley says, naming the two global chipmakers it expects to dominate. Semiconductor stocks have taken a beating this year, amid a broader sell-off across the tech sector. But Morgan Stanley believes this has created an opportunity to invest

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  • Snap, Abercrombie & Fitch, Roblox and more0

    A man photographs a banner for Snap Inc. on the facade of the New York Stock Exchange on the morning of the company’s IPO in New York City, March 2, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading Tuesday. Snap — Shares of Snapchat’s parent company plummeted 41.2% after

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  • Apple, Nvidia, Ralph Lauren, Amazon0

    Here are Monday’s biggest calls on Wall Street: UBS reiterates Apple as buy UBS said that its survey checks show a “modest downtick” in iPhone demand. “Key takeaways from the survey pertaining to Apple are: 1) China iPhone purchase intent was up ~600 bps YoY, reaching its highest level in six years suggesting the iPhone

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