2018-09-08

Tech Review: 1) Apple $AAPL 9/12 Event; 2) Facebook $FB HQ Expansion

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2018-09-08)--Domain Mondo's weekly review of tech investing news with commentary, analysis and opinion: Features • 1) Apple $AAPL 9/12 Event,  2)Facebook $FB HQ Expansion, 3) Investing: The Week & Notes, 4)ICYMI Tech News: SpaceX, Tencent, Amazon, China, Starbucks. Nike.

UPDATE LIVE Apple Event September 12 REPLAY -- new iPhones & Watch Series 4
 Apple Event September 12, 2018

1) New Products Apple Is Expected to Announce September 12

New Products Apple $AAPL Is Expected to Announce on Wednesday Sept 12, 2018, 1:00pm EDT.
$AAPL

2) Inside Facebook's Epic HQ Expansion

In an effort to attract top tech talent, Facebook $FB is spending $1 billion to expand its Menlo Park headquarters. It just opened a new building, called MPK 21, that was designed by architect Frank Gehry and cost about $300 million. The 525,000 square-foot building will house about 3,000 employees and includes a 3.6-acre rooftop garden, a redwood forest in a courtyard and a tiered outdoor amphitheater akin to a botanical garden. CNBC.com video above published Sep 4, 2018.
$FB
See also:

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week: NASDAQ Composite -2.6% | S&P 500 Index -1.0% | DJIA -0.2%
What drove the markets this week following August's strong close? "Near-term likelihood of U.S.-China trade pact seen dimming--relaxing of tensions with Mexico, Canada and the EU has made it easier to forge a united front against China"--marketwatch.com Sep 7, 2018.
Wall Street's Charging Bull--where's he headed next?
graphic of Charging Bull | DomainMondo.com
Investing Notes:

US: Jobless claims fall to 203,000. They haven’t been this low since Dec. 6, 1969 | marketwatch.com Sep 6, 2018.

US economy: US wages grow at fastest pace in nine years--Data keeps Federal Reserve on track to raise rates this month--FT.com Sep 7, 2018.

DC Drama: Why Trump‘s potential constitutional crisis isn’t rattling stock-market investors | marketwatch.com Sep 6, 2018. See also Trump Saboteur Op-Ed Backfires: LA Times Calls "A Coward"; Greenwald: "Unelected Cabal"--zerohedge.com.

Europe: European Stocks Are At A Critical Technical Support Level | zerohedge.com.

Europe will be "the big loser" in the trade war between the U.S. and China, said economist Mathilde Lemoine at the MEDEF Summer University in Paris, adding that a lack of structural reform in European countries such as Italy and France would continue to fuel weakness across the euro zone--CNBC.com.

Emerging Markets: Emerging-market stocks edged near bear territory Thursday (September 6), as fear of contagion spread throughout the developing world--"I don’t think the rout is over yet ... With more tariffs on China possible and further Fed tightening, it’s hard to see it ending soon. About the only outlet for some countries in this case is a cheaper currency, especially China."--Kathy Jones, chief fixed income strategist at Charles Schwab in New York, as reported in Bloomberg.com.

Nike Inc.’s (NYSE:NKEmarket capitalization (as of Sep 6, 2018) is down $3.4 billion since the company released its latest ad campaign featuring controversial quarterback-turned-activist Colin Kaepernick:
$NKE
In addition, Nike's favorability rating has dropped from 69 percent net favorability to 35 percent net favorability among American adults after the ad featuring Kaepernick was released, according to MorningConsult.com
"Purchasing Consideration Also Down: Before the announcement, 49 percent of Americans said they were absolutely certain or very likely to buy Nike products. That figure is down to 39 percent now."

4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com

-- John Poole, Editor, Domain Mondo  

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