Stock futures extend gains on China stimulus, Russia-Ukraine talks; Fed readies first rate hike since 2018; Foxconn 'cautious' on supply chain; Tesla shutters Shanghai gigafactory and Live Nation shares slide as Senators urge DoJ pricing probe.

Check out the latest news and performance from the FAANG stocks, including Facebook, Apple, Amazon, Netflix and Alphabet.

UBS analyst David Vogt argues stable iPhone demand, as well as the tech giant's move in to self-driving vehicles, should support earnings growth.

Foxconn, Apple's most important supplier, cautions that the ongoing shortage in semiconductor supplies could hit its current-quarter orders.

Apple could instruct its supply chain to produce as many as 230 million iPhones next years, Japan's Nikkei reported Tuesday, a near 20% increase from pre-pandemic levels.

Holiday demand for the iPhone 12 is ramping up in both the U.S. and China, Wedbush analyst Dan Ives argues, amid the "strongest product cycle for Cook & Co. thus far since iPhone 6 in 2014."

Foxconn, Apple's Taiwan-based assembler, said solid demand for the new iPhone 12 will help boost revenues and profit over the holiday quarter.

Foxconn, the world's biggest electronics manufacturer and Apple Inc.'s AAPL biggest supplier, posted stronger-than-expected third quarter earnings Tuesday as smartphone and mobile sales jumped amid renewed global demand ahead of 5G network rollouts.

Apple shares pared earlier gains in pre-market trading Wednesday following a report that its key Asia-based supplier, Foxconn, is planning deep cost cuts ahead of a "very difficult and competitive year" for the iPhone assembler.

U.S. retirees may get a big benefit with the next Social Security cost-of-living adjustment for 2023.

Restaurants are moving to adapt to customers with very different wants and desires.

E-commerce giant Amazon is the subject of a major investigation linked to its Prime service. It's not sitting idly by.