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Applejust held its first product launch event of the year, where it announced a colorful new iMac and an updated iPad Pro with 5G and the M1 chip that’s also used in the company’s desktop computers.Apple also announced an AirTag lost-device tracking gadget and a refreshed Apple TV 4K with a brand-new remote.Investors didn’t appear to be impressed by the news. Shares of Apple were down about 2% after the product event wrapped up.Here are some of the highlight announcements, but scroll down to see

Nio andXpeng reported monthly and Q1 sales numbers on Thursday, withLi Auto releasing figures on Friday.BYD Auto is expected to follow in the coming days. Nio stock and other EV stocks turned lower Monday.Nio deliveries for March were 7,257, up 373% vs. a year earlier and 30% vs. February, when weeklong Lunar New Year holidays affected sales and production. Q1 sales were 20,060. Last week, Nio said it would halt production for five days starting March 29, citing chip shortages. It also trimmed i

The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.Numbers will matter even more for richly valued, high-growth companies such as Tesla. Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors and Ford Motor have taken unexpected plant downtime recently and

They are a bit expensive right now, but these are quality stocks you will want to keep on your watchlist.