China slaps regulations on big tech, Nikola is in trouble again? New Mac alert!
$56 billion is not enough to keep Alibaba shares from falling. Thanks to China’s new regulations, shares were down 7% on Monday and 8.26% on Tuesday. The heat is on as China seeks to cut down on big tech monopoly. Click here to read more
Looks like Nikola (NASDAQ: NKLA) is in a bit of trouble. The company confirmed it received court summons over fraudulent claims from both the Securities and Exchange Commissions and the U.S. Department of Justice. Expectedly, Nikola shares were down 3.2% after the announcement. Click here to read more
New Mac alert! And they come with shiny new Apple processors.
Yesterday, Apple (NASDAQ: AAPL) introduced the first Mac computers with its own processors, delivering on the promise to develop its own Mac processors. This means bye-bye to former supplier Intel. Surprisingly, after the announcement, Apple shares dipped. Maybe investors want Intel back? Apple stock dipped 0.3% to $115.97 and Intel stock went down 0.4% to $45.44. Click here to read more
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