It never did make much sense for Apple to procure DRAM from CXMT for exclusive use within China. After all, the DRAM's specs are decidedly inferior, suitable only for budget offerings that do not command much volume within the Asian giant's market. Even so, a major US bank has now offered a simpler explanation behind Apple's willingness to risk the ire of the Trump administration, and it all might have to do with negotiation leverage. Apple is trying to use CXMT's LPDDR5X chips as the proverbial bogeyman in its power play with the so-called Big Three First, the Financial Times […]

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Coinbase stock has climbed nearly 19% in the past five trading sessions even as Bank of America says investors are pulling money out of U.S. equities at the fastest pace since March. According to a Bloomberg report, Bank of America…