CEO of world’s largest wealth fund says there’s a lot of froth

The chief executive of Norway’s gigantic sovereign wealth fund on Tuesday said there is “clearly a lot of froth” in the tech sector, suggesting that whether there is too much of it could depend on this week’s tech earnings bonanza. U.S. tech behemoths including Tesla, Meta, Microsoft and Google parent Alphabet are all scheduled to … Read more

How Apple makes its own chips for iPhone and Mac, edging out Intel

Apple’s soaring stock price over the past two decades has been driven by its iconic consumer devices. It started with the iPod and iMac. Then came the iPhone and iPad. And more recently, the Apple Watch and AirPods. But there’s a lot more to the biggest U.S. company by market cap than just gadgets. At … Read more