Tag Archives: trade war

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Costco Shares Slip After Solid Q3 Earnings as Tariff Threat Pressures Prices

Costco Wholesale Corp. (COST) shares traded lower Friday after the wholesale shopping club group said it may have to raise prices in order to offset potential tariffs on China imports even as it posted stronger-than-expected third quarter earnings. Costco said diluted earnings for the three months ending on May 12, the company’s fiscal third quarter, came in

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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

Bond Yields to Slide for Rest of Year Amid Trade Turmoil, Morgan Stanley Says

Trade tensions may be wreaking havoc on the stock market, but the volatility is providing a great opportunity to invest in bonds according to Morgan Stanley (MS) . The U.S. 10-year Treasury yield has already peaked for the year according Morgan Stanley global head of interest-rate strategy Matthew Hornbach. The U.S.’ trade tensions and strengthening

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