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Dec.18 -- Qualcomm General Counsel Don Rosenberg discusses a ruling in China against Apple Inc. that bans the sale of several iPhone models in that country. He spoke to Bloomberg's Emily Chang on "Bloomberg Technology."
It's not just your imagination — tech companies have come to dominate the Bay Area's economy by doubling in size during the past decade and adding nearly 200,000 jobs in the region.
Intel (INTC) is benefiting from the unexpected demand in the PC and data center processor markets, where it is a leader. The company earns more than 50% of its revenue from its Client Computing Group, which sells PC processors and mobile modems. The growth was driven by strong demand from commercial and gaming PC segments and 131% YoY growth in modem revenue, as Apple (AAPL) sourced all its modems for 2018 iPhones from Intel due to a legal spat with Qualcomm (QCOM).
The stock market closed with modest gains ahead of the Fed's interest rate decision due Wednesday. The key indexes turned red before coming back.
In the fourth quarter so far, Tesla (TSLA) has managed to impress investors by yielding handsome positive returns despite an intense broader market sell-off (QQQ)(VTI). The company’s stock has risen 31.6% QTD (quarter-to-date) as of December 17. The S&P 500 Index fell about 12.6% during this period while the NASDAQ Composite Index has suffered 16.1% losses. Other large US companies Ford (F), General Motors (GM), and Apple (AAPL) were down 8.1%, up 2.9%, and down 27.4% QTD, respectively.
Learning how to invest in stocks can be intimidating. Stock market beginners face many questions. How to buy stocks? When to sell? How to read charts? Here you'll find answers.