@Lionel8383:Apple to source chips from Arizona Apple CEO Tim Cook said on Tuesday that the tech giant would source some of its chips from Arizona as the company looks to diversify its supply chain, according to Bloomberg. The news outlet, citing an internal meeting that Cook had in Germany with local engineering and retail employees, added that the Apple chieftain said the tech giant would be buying from a plant in Arizona that starts in 2024 and may also look to buy in Europe. Taiwan Semiconductor is currently building a plant in the Grand Canyon State that is scheduled to be completed in 2024. Earlier this month, it was reported that Taiwan Semiconductor was planning a multi-billion dollar expansion to its Arizona factory. Intel is also in the process of expanding its plant in Ocotillo, Ar

@Daveforceone:Market week ahead  5.3%. Earnings reports limited gains for the market. Dow components American Express and Verizon fell about 1.6% and 4.5%, respectively, after their quarterly reports. In tech, social media company Snap fell 28% after reporting a quarterly revenue of $1.13 billion, below expectations. Treasury yields fell from their highs on Friday morning after a report from the Wall Street Journal that some Fed officials are concerned about overtightening with large rate hikes. That report appeared to boost equities as well. The central bank’s aggressive rate hikes have been a major factor in stocks falling into a bear market this year, and traders have continued raising their estimates of where the Fed will stop. “We really need a Fed pause. Not so much that they would just outri

@Axekay:$Apple(AAPL)$I remembered that time when Apple dropped to 120, investment analysts gave all sorts of theories to say apple will fall to 100 and below. It did not happen. Buy the dip and enjoy the rise!