Author: Arabian Media staff
Apple (AAPL) is one of the most popular companies in the world and produces some of the most sought after products in the world, including their ubiquitous smartphones. As of June 2025, Apple was first in market share for smartphones, with Samsung at second place. Apple controls 25.47% of the global smartphone market share, while Samsung controls 22.5% and Xiaomi controls 12.05%. In terms of profits from smartphones, Apple is also the leader. The company took 75% of the industry’s profits and 40% of revenue in 2021. Apple makes such large profits through a sizable markup on its phones. Key…
Whether labor unions are effective is subject to debate. Proponents maintain that unions result in better wages, benefits, and working conditions for workers. Critics argue, among other things, that unions are antagonistic towards employers and that union contracts make it more difficult for companies to fire unproductive employees. Labor unions have a long history in the United States. While membership has been on the decline in recent decades, unions continue to play a major role in advocating for workers’ rights. Key Takeaways Labor unions benefit their members by negotiating better pay, benefits, and working conditions.Critics maintain that union contracts make…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Europe’s new anti-money laundering watchdog has warned that crypto assets are its biggest challenge to stop dirty money infiltrating the region’s financial system.Bruna Szego, chair of the EU Anti-Money Laundering Authority, told the Financial Times that the crypto market is a clear priority because it is “significantly exposed to money laundering and terrorism financing risks”. Europe needed to be particularly on its guard against these risks, Szego said, because “our market is quite fragmented and many crypto assets service providers are looking to…
Over the past 30 years, stocks from different sectors—like apparel, technology, and food and beverages— have delivered astonishing returns to long-term investors. At Investopedia, we analyzed the best-performing stocks during the terms of each of the last five presidents: Joe Biden, Donald Trump, Barack Obama, George W. Bush, and Bill Clinton. We only analyzed those stocks that were included in at least one of the major indices—the S&P 500, the Nasdaq Composite, or the Dow Jones Industrial Average. Our analysis was based on a stock’s total return during a president’s term in office. NVIDIA Total return during the Biden Presidency:…
JPMorgan Chase’s stock rises after another earnings beat, but CEO Dimon sees “significant risks” for the financial markets. Source link
Consumer prices posted the biggest increase in June in five months and is likely to keep the Federal Reserve from cutting interest rates soon, but there still wasn’t much evidence of tariff-related inflation. Source link
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldUS inflation climbed to 2.7 per cent in June, surpassing expectations and signalling that Donald Trump’s tariffs are hitting prices.Tuesday’s annual consumer price index figure was up from 2.4 per cent in May and above expectations of 2.6 per cent among analysts surveyed by Bloomberg.The data from the Bureau of Labor Statistics comes as the US president ratchets up his tariff war with Washington’s trading partners, threatening to impose large levies on importers from next month if they do not…
Wells Fargo’s stock falls as net interest income misses expectations and the full-year growth outlook was lowered to offset profit and revenue beats. Source link
ASML Holding, the microchip-equipment maker that produces the sophisticated machines used to develop semiconductors, caught a broker downgrade just ahead of its second-quarter results. Source link
Stay informed with free updatesSimply sign up to the Renewable energy myFT Digest — delivered directly to your inbox.Google has reached a $3bn deal to access hydroelectric power from Brookfield’s renewables arm, part of a race to secure clean energy to meet booming power demand from cloud computing and artificial intelligence.The two 20-year power purchase agreements, the largest of their kind for hydropower, will first deliver up to a total of 670 megawatts of power from Brookfield’s Holtwood and Safe Harbor facilities in Pennsylvania, which the asset manager acquired in 2015 and 2014, respectively. Google will have the option of…