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Apple to replace CFO Luca Maestri on Jan. 1
Maestri will continue to lead teams focusing on IT, security and real estate development, Apple said.
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Apple announces iPhone event for Sept. 9
The launch event will be streamed on Apple’s website and YouTube.
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This Nvidia partner says it can cut data center energy use by 50% as AI boom strains power grid
Data center company Sustainable Metal Cloud wants to reduce the strain on energy resources and carbon emissions.
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Looking to invest after the pullback? Strategist names stocks in AI, defense and more
“I continue to advise clients to use downside opportunistically and build better balance in portfolios,” says Matt Orton of Raymond James Investment Management.
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Asia-Pacific markets set for lower open with China industrial profits in focus
Investors in Asia will also look toward the Fed decision on Wednesday night stateside, which will come after the country’s May inflation report on Wednesday
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China export curbs on semiconductor materials stoke chip output fears
Western customers say restrictions on supply could hit production of advanced microprocessors and optical products
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Saudi Arabia has never won an Olympic gold but it paid an athlete $1.3 million for coming close
Just ask the 2021 karate silver medalist who took home the gold-level reward even though he lost.
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Ken Griffin’s Citadel to break ground on $1 billion Miami skyscraper for new HQ
The building, set to be one the city’s tallest, will “redefine the Miami skyline,” a spokesperson said.