Tag Archives: Apple


Apple Plunges After Hours After Slashing Revenue Forecast

Apple Plunges After Hours After Slashing Revenue Forecast

Apple Inc. (AAPL) shares fell sharply in after-hours trading Wednesday after the world’s biggest tech company cut its current quarter revenue forecasts thanks in part to slowing sales in China. In a letter to investors published after the close of trading, Apple CEO Tim Cook said revenue for the three months ending in December would come


Global Stocks Gains Amid Reports of US-China Trade Talk Progress, Brexit Advance

The Thursday Market Minute Global stocks edge higher as reports of progress in U.S.-China trade talks, a well as a move towards clarity in Britain’s Brexit negotiations, gives investors a chance to re-enter risk markets around the world. Shares in Asia were also supported by solid China housing data and a weaker U.S. dollar, with


Tariffs ‘will stifle our global leadership in 5G, create an internet tax on businesses and cause uncertainty for companies,’ CTA says

While Apple Inc. and the smartwatch business is safe from the latest tariffs the Trump administration enacted against China, there are many other potential areas of tech that could be hurt by the levies on $200 billion in Chinese goods. Late Monday, the Office of the U.S. Trade Representative issued a final list of goods


Samsung’s Phone Woes Will Be Hard to Fix Until Big Hardware Innovations Arrive

It’s hardly a shock that sales of Samsung’s (SSNLF) latest flagship phones appear to have been soft last quarter, given the numbers that rivals and chip suppliers have been reporting. The big question now is what innovations can get the smartphone market out of its current rut, and how quickly they’ll arrive. Samsung’s shares fell


3 Key Things to Watch for in Google’s Earnings on Monday

In February, Alphabet’s (GOOGL) shares sold off after the company beat Q4 revenue estimates but missed EPS estimates due to steep revenue-sharing payments and slight margin pressure. Can the Google parent satisfy investors this time around? With Alphabet’s Class C shares down about 10% from a January peak of $1,186, expectations aren’t especially high ahead


Key Takeaways from Microsoft, Qualcomm, Alibaba and PayPal’s Earnings

Microsoft (MSFT) , Qualcomm (QCOM) and PayPal  (PYPL) all reported after the close on Wednesday (along with Facebook), and Alibaba (BABA) reported on Thursday morning. Alibaba fell sharply, as did PayPal, which has been stung by news that eBay (EBAY) will stop using PayPal as its “primary” payments processor in 2020. Microsoft and Qualcomm have


3 Reasons Why Black Friday Has Seen a Smartphone Shopping Explosion

That mobile shopping stormed out of the gate this holiday shopping season is known now—two days after Black Friday. But why? “The mobile experience keeps getting smoother, and the retailer is able to capitalize on mobile phone features,” Tamara Gaffney, senior director of Adobe Digital Insights told TheStreet in an interview. In fact, Abobe Analytics

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Apple, Starbucks and the Jobs Report – 5 Things You Must Know

Here are five things you must know for Friday, Nov. 3: 1. — U.S. stock futures were pointing to solid gains for Wall Street on Friday, Nov. 3, after Apple Inc. ( AAPL) reported stronger-than-expected earnings and guidance and as investors awaited the release of the U.S. jobs report for October. Economists surveyed by FactSet expect


PayPal’s Strong Earnings Show Just How Loyal Customers Are to its Platform

After beating Q3 estimates and issuing solid guidance, PayPal Holdings Inc.’s (PYPL) shares are up 77% on the year and have more than doubled since the online payments leader split from eBay in mid-2015. While many factors contributed to this run-up, I think two are especially worth remembering — both for their continued relevance to