Finance

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Global memory chip crunch puts spotlight on Apple

As the global memory chip shortage hits the smartphone market, a key question is echoing from Silicon Valley to Shenzhen: Will Apple raise prices, or sacrifice profit to gain new customers?

Stocks reel as AI fears dominate market action

Global markets retreated on Friday as a stock rout on Wall Street went global, with volatility gripping precious metals and cryptocurrencies while AI fears weighed on equities

Amazon shares sink as Big Tech’s AI spending plans worry investors

Amazon shares dropped 8% in premarket trading on Friday after the company’s hefty capital expenditure plans deepened investor worries over Big Tech’s spending spree on artificial intelligence