Apple iPhone shipments may see ‘significant decline’ in 2024, analyst says
Apple may see a drop in iPhone shipments this year, due in part to the growing popularity of foldable phones, analyst Ming-Chi Kuo says.
Citadel’s Ken Griffin says the economy looks ‘pretty damn good right now’
Citadel CEO Ken Griffin believes the U.S. economy is in a better position than it was last fall, but warns that high fiscal spending could pose risks.
European markets close slightly higher; euro zone GDP data shows Germany on the brink of recession
European markets ended the day higher on Tuesday as investors digested preliminary fourth-quarter GDP figures for the euro zone.
Alphabet shares slide on disappointing Google ad revenue
Alphabet reported earnings after the bell. Here are the results.
IMF warns British government against more tax cuts
There is a need to put in place medium-term fiscal plans that will accommodate a significant increase in spending pressures, the IMF’s chief economist said.
Symptoms from excessive screen time cost the U.S. $73 billion a year, study finds
Nearly 70% of people working office jobs spend upward of seven hours a day watching screens, study finds.
Delivery Hero plunges to record low after selling stake in food delivery rival Deliveroo
The Deliveroo stake sale will fetch $97.4 million for Delivery Hero, less than a third of what it paid for the shares when it first bought them in 2021.
One activist investor is taking on BP, urging the oil giant to scale back green pledges
Activist investor Bluebell Capital Partners is pushing for BP to urgently change tack.
IMF upgrades global growth forecast, citing U.S. resilience and policy support in China
The International Monetary Fund sees a reduced likelihood of a so-called hard landing, with inflation falling faster than expected.
Euro zone economy narrowly skirts recession, stagnates in fourth quarter
Eurostat released flash euro zone growth figures for the euro zone Tuesday.
