There's no correlation between crude oil and the S&P 500 right now but there has been at times in the past, said John Kosar of Asbury Research.» Read More
SEOUL, July 30- Samsung Electronics Co Ltd offered a downbeat outlook for the third quarter after April-June profit dropped on a supply shortage for one of its main smartphone models, underscoring continued headwinds for the tech giant. Second-quarter operating profit fell 4 percent to 6.9 trillion won, matching an estimate issued by the company early this...
NEW YORK, July 29- A former employee of a major Silicon Valley law firm was sentenced to two years in prison on Wednesday for illegally trading ahead of mergers that were underway at the firm. Braverman, an immigrant from Ukraine who lives in San Mateo, California, in court apologized for his conduct while employed in Wilson Sonsini Goodrich& Rosati's information...
BELMONT, Calif., July 29- Volkswagen AG, the world's No. 1 automaker, will offer automatic braking and other crash avoidance systems as standard or optional features on most 2016 models sold in the United States beginning later this year, the company said on Wednesday. VW overtook Toyota Motor Corp as the world's largest carmaker by sales in the first half year,...
A major investment firm knocks down the theory that China's parabolic bear market won't affect the country's economy.
AT&T is about to do something that could give old school radio another lease on life.
July 29- Microsoft Corp's launch of its first new operating system in almost three years, designed to work across laptops, desktop and smartphones, won mostly positive reviews for its user-friendly and feature-packed interface. Wall Street Journal's Geoffrey Fowler said Windows 10 fixes most of the issues with Windows 8 and improves on Windows 7,...
July 29- Microsoft Corp launched its much-awaited Windows 10 operating system at midnight on Wednesday. "There are massive headwinds in Microsoft's bread-and-butter PC business, making it crucial that the Windows 10 cloud approach opens up new growth avenues for the Windows business," FBR Capital Markets analyst Daniel Ives wrote in a note on Monday.
With Facebook reporting earnings Wednesday, some traders are expecting the stock to make a massive move.
Some new features are promising, the balance between old and new seems right, and, if bugs get erased, Windows 10 would be a good choice for devotees.
Now may be the best time to sell your iPhone: Study
SEOUL, South Korea— LG Electronics said Wednesday its second quarter earnings sank 45 percent over a year earlier as losses widened in its TV business and mobile phones earned little income. The company reported a net profit of 226.4 billion won for the April-June quarter, compared with 411.8 billion won a year earlier. LG's TV business, the world's...
Despite reporting robust second-quarter earnings last week, the value of Apple shares quickly plunged and have struggled to regain momentum.
The "Fast Money" traders awarded their final grades to the Gilead, Twitter and Yelp following their quarterly earnings reports.
Carter Worth of Cornerstone Macro says now is the time to sell despite the rebound in stocks.
U.S. stocks closed about 1 percent higher as investors cheered some recovery in oil prices, amid mixed earnings and the beginning of the Fed meeting.
Lenovo-owned Motorola unveiled three new devices and OnePlus introduced its latest one.
Dramatic headlines on China's stock market and economic slowdown form a negative weight but aren't likely to push U.S. stocks into a correction.
Microsoft's new Windows 10 operating system debuts Wednesday and the company is offering an upgrade for free. Here are the details.
July 28- Corning Inc, the supplier of Gorilla glass to Apple Inc and Samsung Electronics Co Ltd, reported lower-than-expected quarterly sales due to weak demand for its glass used in TVs and personal computers. Core sales in Corning's display technologies business, which supplies LCD panels to companies such as Sony Corp and LG Electronics Inc, fell 5 percent in...
Nike and Apple settle a class action lawsuit over the Nike+ Fuelband For $2.4 million.