NASA’s Cassini spacecraft nears a fiery, brutal end, when it will plunge into Saturn

After 13 years of observing Saturn, its rings and its myriad moons, NASA’s Cassini spacecraft is less than three weeks away from a fiery, brutal end. Early in the morning on Sept. 15 the aging spacecraft will hurl itself into Saturn’s atmosphere at speeds of more than 75,000 mph. It’s a deliberate death plunge from which it has no hope of returning. Within three minutes … Continue reading NASA’s Cassini spacecraft nears a fiery, brutal end, when it will plunge into Saturn

Once-bullish analyst calls for 42 percent plunge in the market’s hottest stock

The past few days have been a roller-coaster ride for Nvidia shareholders. Of course, they have little to complain about, given that the past year has been like a trip to the amusement park. On Friday morning, shares of the semiconductor company rose to a record high of $168.50. At that point, the stock had climbed by some 250 percent over the past year. The … Continue reading Once-bullish analyst calls for 42 percent plunge in the market’s hottest stock

Apple shares plunge 7% in two days on downgrade, valuation concerns

Apple shares fell as much as 4 percent Monday morning, on track for a second straight day of losses due to mounting concerns about unsustainably high stock prices. The iPhone maker has now lost 7 percent of its value in just two days. The decline Monday came after Mizuho downgraded the stock to neutral from buy and lowered its price target to $150 from $160. … Continue reading Apple shares plunge 7% in two days on downgrade, valuation concerns

Fossil shares plunge as Apple Observe kills traditional enjoy industry

Fossil Group’s latest financials demonstrate the watchmaker is obviously hurting from Apple’s encroachment into the traditional hardware sector. Shares of Fossil were being buying and selling down more than 24 % Wednesday early morning, adhering to the firm’s dismal very first-quarter earnings report. “Our results for the very first quarter … keep on to replicate a challenging retail setting and a enjoy group going through … Continue reading Fossil shares plunge as Apple Observe kills traditional enjoy industry

Apple may ditch Dialog chip, analyst says; chipmaker’s shares plunge | Reuters

FRANKFURT Dialog Semiconductor risks losing a crucial supply deal with Apple Inc, according to a financial analyst who cut his rating on the stock on Tuesday, sending the Anglo-German chipmaker’s shares down by as much as one-third. Bankhaus Lampe cut its rating on Dialog to “sell” from “hold” as it argued in a research note that Apple was working on its own battery-saving chip for … Continue reading Apple may ditch Dialog chip, analyst says; chipmaker’s shares plunge
| Reuters