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......
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......
