Apple is losing to Huawei in China. Here's why

Apple is losing to Huawei in China. Here’s why

Since releasing its Mate 60 Pro series last August, Chinese tech giant Huawei has made a comeback in China’s smartphone market, knocking Apple (AAPL) from its pedestal. Huawei and other homegrown smartphone makers have experienced double-digit growth this year, boosting smartphone shipments in China by 8.9% year-over-year in the second quarter, according to the International…

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Nvidia Stock Sheds $175 Billion Amid Chip Stock Selloff—What’s Behind Worst Day In 6 Weeks

Nvidia Stock Sheds $175 Billion Amid Chip Stock Selloff—What’s Behind Worst Day In 6 Weeks

Topline Fresh off of a record closing high, Nvidia stock slid Tuesday as part of a semiconductor chip stock slump with an unusual impetus: A less-than-stellar earnings release from a Dutch company which accidentally came out earlier than expected. Nvidia stock struggled Tuesday. Getty Images Key Facts Nvidia shares fell 5% by late afternoon, wiping…

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