Apple market value We may need a bigger chart Apple market value We may need a bigger chart: Apple Inc (AAPL.O) Chief Executive Tim Cook quashed concerns recently about muted demand for the iPhone X, saying pre-orders for the 10th anniversary smartphone were “off the charts,” but it might be […]
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Asian shares rise on Fed optimism sterling firms on expected BOE hike Asian shares rise on Fed optimism, sterling firms on expected BOE hike: Asian shares touched a 10-year high on Thursday after the U.S. Federal Reserve expressed optimism about the economy, virtually cementing the case for a year-end rate […]
Under Armour chops forecasts as North America slide worsens Under Armour chops forecasts as North America slide worsens: Shares of the maker of Stephen Curry basketball sneakers, already among the worst performing stocks on the S&P 500 .SPX this year, sank 17 percent in morning trade in New York, hitting […]
Apple could drop Qualcomm components in next years iPhones iPads Apple could drop Qualcomm components in next years iPhones iPads: The change would affect iPhones released in the fall of 2018, but Apple could still change course before then, these people said. They declined to be identified because they were […]
Wall St. ends strong October higher as tech staples lead Wall St. ends strong October higher as tech staples lead: A jump in shares of consumer companies Mondelez and Kellogg after their quarterly reports on Tuesday, along with further gains for tech stocks, helped Wall Street end October on a […]
Samsung Electronics to boost returns after record third-quarter profit Samsung Electronics to boost returns after record third-quarter profit: South Korean technology giant Samsung Electronics Co Ltd (005930.KS) promised to return $26 billion to shareholders over the next three years as it reported record third-quarter profit on the back of the […]
Asia shares get technology boost crude near two year top Asia shares get technology boost crude near two year top: Asian shares climbed on Monday, as technology stocks were bolstered by solid earnings from U.S. tech stalwarts and on strong pre-orders for Apple’s iPhone X, while oil hovered around a […]
Japans retail sales show strength in consumer spending Japans retail sales show strength in consumer spending: The 2.2 percent annual increase in retail sales in September was less than the median estimate for a 2.5 percent annual increase and follows a revised 1.8 percent annual increase in August. Strong consumer […]
Exxon third-quarter profit beats expectations despite Harvey Dent Exxons third-quarter profit beats expectations despite Harvey dent: Exxon Mobil Corp (XOM.N), the world’s largest publicly traded oil producer, posted a higher-than-expected quarterly profit on Friday as higher crude and natural gas prices more than offset the effects of a major hurricane on […]
Wall St. powered higher by tech Amazon results Wall St. powered higher by tech, Amazon results: The S&P technology index led the way higher, up 2.91 percent. The index notched its best day since March 1, 2016, and is up nearly 35 percent on the year versus the 15 percent […]
