Apple has had to cut production forecasts for its mixed-reality headset due to its complicated design, the Financial Times reported Monday.
Dow Jones Newswires: China’s factory activity slips slightly in June
A private gauge of China’s factory activity eased slightly in June but remained in expansionary territory, reflecting the resilience in the manufacturing sector.
Dow Jones Newswires: South Korea returns to trade surplus in June
South Korea returned to a trade surplus in June after 15 consecutive months of deficits, as a decline in exports moderated significantly.
Dow Jones Newswires: Sentiment of Japan’s big manufacturers improves for first time in 7 quarters
The main index for sentiment among large manufacturers was +5, compared with +1 in March and economists’ forecast for +3, according to the Bank of Japan’s quarterly Tankan corporate survey released Monday.
: Yellen will travel to Beijing this week to meet with top Chinese officials
Treasury secretary will attend meetings in Beijing from July 6-9
What’s Worth Streaming: Here’s everything new coming to Amazon’s Prime Video in July 2023
Get ready for new seasons of ‘The Summer I Turned Pretty,’ ‘Good Omens’ and much more
: Amazon stock delivers longest monthly win streak since before COVID
Amazon’s stock rallied Friday to the highest close in more than nine months, and ended June with a four-month win streak.
: Tesla’s stock jumps 6% premarket after second-quarter deliveries beat with 466,000 vehicles
Tesla Inc. delivered a record number of vehicles in the second quarter, beating market estimates after the electric carmaker increased discounts and incentives, the company reported on Sunday.
Market Snapshot: Recession canceled? U.S. stock market ‘pretty frothy’ after S&P 500’s strongest first half since 2019.
The S&P 500 just wrapped up its strongest first half of a year since 2019, leaving its momentum for the rest of 2023 in question.
Market Extra: Fourth of July: Is the stock market open?
The U.S. stock market will be closed on Tuesday in observance of the Fourth of July holiday, according to the New York Stock Exchange and Nasdaq, the two largest stock-trading venues in the U.S.
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