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Let’s check out the Yahoo Finance charts of the day.
Apple recently dropped the price of one of its iPhone cords from $25 to $19, eagle-eyed Apple blog 9to5Mac spotted on Monday.
Yahoo Finance's LIVE market coverage and analysis of what you need to watch in the stock market begins each day at 9:25 a.m. ET.
$1.68 billion purchase of Permira-backed Magento Inc. highlights the growing competition with Salesforce.com Inc. "It was becoming increasingly apparent that Adobe really needed to add this e-commerce piece to fully build this robust digital marketing portfolio they have established over the last several years," Morningstar Inc. analyst Rodney Nelson said. Adobe initially pursued Demandware Inc., Nelson observed, before Salesforce acquired the e-commerce platform for $2.8 billion in 2016.
Taiwan Semiconductor Manufacturing Co. Ltd. ( TSM) is mass producing next-generation processors for Apple Inc.’s ( AAPL) 2018 iPhone launches, people familiar with the matter told Bloomberg. The new chip will feature a 7-nanometer design, the sources said, making it smaller, faster and more efficient than the 10-nanometer chips used in current Apple devices, such as the iPhone X and iPhone 8. TSMC, the world’s largest contract chipmaker, confirmed back in April its plans to start mass-producing 7-nanometer processors, without specifying who it would be building them for.
to discuss possibly putting a major new customer-service facility in the Raleigh-Durham area, according to a person familiar with the meeting. The undisclosed meeting was tucked into a very public agenda that included delivering Duke University’s commencement address, tweeting from Duke’s basketball stadium and taking selfies with shoppers at an Apple Store. While Amazon’s effort to find a second headquarters city has proceeded with the fanfare of an Olympics host-city search, Apple is hunting for its newest U.S. location with the stealthy deliberateness it employs in developing a new iPhone.
TOKYO—Don’t hold your breath for the fifth-generation PlayStation. Corp. wants to spend three more years readying its next videogame move, the head of the PlayStation business said Wednesday. The PlayStation 4 went on sale in 2013 and has sold more than 79 million units.
Among high-volume sectors, the technology market, overall, has been unusually choppy. The benchmark Technology Select Sector SPRD Fund (NYSEARCA:XLK) was down more than 3% at one point. As we entered the spring season, it wasn’t clear which direction tech stocks would take.
While Teva Pharmaceutical Industries Ltd (ADR) ADR (NYSE:TEVA) faded from last Wednesday highs, shares ultimately climbed about 3% that day. No, it wasn’t earnings or a new drug that gave TEVA stock a bump. Instead, it was Warren Buffett.
Apple Inc. manufacturing partner Taiwan Semiconductor Manufacturing Co. has started mass production of next-generation processors for new iPhones launching later this year, according to people familiar with the matter. The processor, likely to be called the A12 chip, will use a 7-nanometer design that can be smaller, faster and more efficient than the 10-nanometer chips in current Apple devices like the iPhone 8 and iPhone X, the people said. Apple and TSMC spokeswomen declined to comment.