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The stocks to buy to beat inflation, including tech: Analyst

Jul 2022 19
As U.S inflation remains hot and the Federal Reserve looks to continue on its tightening path, analyst Keith Fitz-Gerald believes some firms are clearly better than others at navigating this difficult environment. Consumer prices in the U.S. rose 9.1% in June from a year ago — the fastest pace of inflation since November 1981. Some market watchers believe falling oil and gasoline prices this month indicate that consumer inflation may have finally peaked , but Fitz-Gerald, a private investor, analyst and researcher, is not convinced. "Inflation is not peaking. Not even by a little. Gasoline is down because traders are......

Apple iPhone remains in high demand despite inflation pressure

Jul 2022 18
Customers look at the iPhone13 smartphones at apple's flagship store in Shanghai, China.Xing Yun | Future Publishing | Getty ImagesShipments of Apple's iPhone remain strong despite regional uncertainty and economic headwinds that dragged global phone shipments down 9% year over year in the second quarter, according to new data from research firm Canalys.Apple had a 17% share of global phone shipments in Q2, up from 14% in the year-earlier quarter, Canalys said, noting that the iPhone 13 remains in high demand. Samsung has the largest share with 21% of the market, according to Canalys, but that was largely on the......
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