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Oracle Corp’s (NYSE: ORCL)...

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15%...

RTX Corp (NYSE: RTX)...

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03...

GameStop Corp. (NYSE:GME) Quarter...

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after...

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Shares of Advanced Micro Devices (NASDAQ:AMD) drops 0.38% in afterhours in last trading...
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Apple Inc. (NASDAQ: AAPL) Unveils Appearance of Its First Retail Location in India

Shares of Apple Inc. (NASDAQ: AAPL) inches down in afterhours trading as many people rushed to get a glance of the store’s black and yellow artwork, which was modeled after Mumbai’s famous cabs, as the company unveiled the appearance of its first retail location in India.

According to a source familiar with the situation who spoke to Reuters, the business is currently behind barriers but is expected to open this month.

The Cupertino, California-based corporation now has a significant presence in India after opening an online shop in the second-largest smartphone market in the world in 2020.

Apple barely has a 3% market share of smartphones in India despite its premium costs.

Because to the COVID-19 epidemic, Apple’s plans to build physical retail outlets in the nation in 2021 have been postponed.

Yet, Apple goods have long been available in India through resellers and on e-commerce sites like Amazon.com Inc. and Walmart Inc.’s Flipkart.

A growing number of Apple goods, including the iPhone, are now being built in India by the Taiwanese contract electronics giants Foxconn and Wistron Inc. Also, Apple intends to produce iPads and AirPods in India.

The first physical location is in the prestigious Reliance Jio World Drive mall, which also houses a number of high-end jewelry and apparel companies including Michael Kors, Kate Spade, and Swarovski.

According to Apple, the store’s brilliant lighting was “inspired by the renowned Kaali Peeli cab art unique to Mumbai,” a reference to the city’s venerable yellow and black taxis.

On Wednesday night, customers were shooting pictures and filming films on their iPhones in front of the store, where the Apple logo was decorated in a range of hues and a modified version of the company’s signature welcome, “Hey Mumbai,” was shown.

Oracle Corp’s (NYSE: ORCL) Cloud Business Faces Headwinds: What Lies Ahead

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15% or $15.21 to trade at $111.50 in pre trading session on...

RTX Corp (NYSE: RTX) Updates 2023-2025 Outlook amid Engine Part Challenge

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03 per share, bringing its current trading price to $77.45. The company,...

GameStop Corp. (NYSE:GME) Quarter Report: Resilience amidst Market Turbulence

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after the market closes today. Shares were slightly down in the pre-trading...

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Alphabet Inc. (NASDAQ: GOOGL) In Talks to Reduce European IT Jobs After ‘Disastrous’ Layoffs

Shares of Alphabet Inc. (NASDAQ: GOOGL) inches down in pre session on Thursday after big American IT businesses are suddenly discovering how hard it is to decrease personnel in Europe after announcing the greatest rounds of layoffs in their...

Credit Suisse (NYSE: CS) and UBS Group AG (NYSE: UBS) In Flux after Probe into Credit Suisse Acquisition

Credit Suisse (NYSE: CS) and UBS Group AG (NYSE: UBS) shares revamp its position on Tuesday from previous session following the emergency merger of the two lenders was the subject of an inquiry by Switzerland's federal prosecutor. The prosecutor has...

Tesla Inc. (NASDAQ: TSLA) Disappoints with Q1 Deliveries, Shares Back To ‘Buy Point’

Tesla Inc.'s (NASDAQ: TSLA) shares plunge over 4.51% to $198.15 in early trading session on Monday, returning to a buy point. Tesla deliveries reached a record in the first quarter thanks to significant price reductions across the board and...

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