Morgan Stanley downgraded computer hardware makers because of the impact of soaring memory chip prices. Shares of Dell Computer, Hewlett Packard Enterprise and HP Inc. tumbled Monday.
The shift reflects an effort to stabilize revenue throughout the year and reduce pressure on its workforce and suppliers.
Apple's hardware engineering chief, John Ternus, has been identified as the frontrunner to replace Tim Cook as CEO.
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The Steam Machine doesn't need to be console-beating if you already own a desktop, it's made to satisfy a different niche.
Sophisticated crypto scams are on the rise. But few of them go to the lengths one bitcoin mining executive experienced earlier this year.
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