A major investment firm knocks down the theory that China's parabolic bear market won't affect the country's economy.» Read More
TAIPEI, July 23- Taiwan stocks fell on Thursday, weighed by Apple Inc's suppliers for a second day after the iPhone maker's fourth-quarter revenue forecast fell short of estimates and it missed some targets for iPhone sales. Declines were led by Apple suppliers, including contract chip maker Taiwan Semiconductor Manufacturing Co, which fell 1 percent, and...
WASHINGTON, July 22- A U.S. senator wants two federal agencies to investigate whether Apple Inc is breaking antitrust law in how it treats music services that compete with the streaming service it launched in June. The letter was sent to Attorney General Loretta Lynch and Federal Trade Commission Chairwoman Edith Ramirez. The Justice Department did not...
The "Fast Money" traders give their final grades to the companies reporting quarterly numbers.
Amazon.com, Caterpillar, McDonald's and GM are among the 50 odd companies reporting Thursday, making it the busiest day of the earnings season.
Jim Cramer sees that everything happening right now links back to China. Beware of these poisonous stocks!
Analysts, for the most part, remain as upbeat as ever on Apple Inc after investors knocked more than $65 billion off the company's market value in initial reaction to the company's quarterly results on Tuesday. "We believe Apple's future prospects have never been brighter," Cantor Fitzgerald analyst Brian White said in a research note, maintaining his "buy" rating.
U.S. stocks closed lower on Wednesday as disappointing tech earnings weighted down on the three major indices.
Todd Gordon correctly called for the collapse in gold, now he's breaking down where silver will go next.
*OPEC members say expect price fall to be short-lived. NEW YORK, July 22- Oil prices fell and U.S. crude settled below $50 a barrel on Wednesday after government data showed crude inventories in the United States rose last week and as a stronger dollar and weaker global equities applied pressure. "The crude oil inventory rise was driven by a strong rebound in crude...
Crude inventories rose by 2.5 million barrels in the last week, compared with analysts' expectations for an decrease of 2.3 million barrels.
Tim Lesko, Granite Investment Advisors portfolio manager, discusses Apple's earnings results and shares his optimistic long term view.
Anyone who says the Chinese consumer may have hit a reset has a "fundamental" misunderstanding of the country's market, one expert said.
*OPEC members say expect price fall to be short-lived. "The crude oil inventory rise was driven by a strong rebound in crude oil imports, which neared 8 million barrels per day," said John Kilduff, partner at Again Capital LLC in New York. Imports from several other OPEC- member countries also rose.
WASHINGTON, July 22- U.S. home resales rose in June to their highest level in nearly 8-1/ 2 years, a sign of pent-up demand that should buoy the housing market recovery and likely keep the Federal Reserve on track to raise interest rates later this year. The National Association of Realtors said on Wednesday existing home sales increased 3.2 percent to an annual...
Eight years after its launch, the iPhone is still the only thing that drives Apple's stock price.
Hans Tung, GGV Capital managing partner and early Xiaomi investor, discusses the role China plays in Apple and their earnings going forward.
*Gold slides 1 pct to 5- year low as investors pullback. In Europe, chip designer ARM Holdings, a major supplier, fell 6 percent and German chipmaker Dialog Semiconductor tumbled 6.6 percent. Art Hogan, chief market strategist at Wunderlich Securities in New York, said there is concern regarding the lack of organic revenue growth and the strong dollar, which will...
European equity markets closed lower on Wednesday, as U.S. technology earnings disappointed.
Steve Milunovich, UBS analyst, weighs in with a bullish outlook on Apple after their earnings and conference call.
CNBC's Josh Lipton reports the latest statements out of Apple CEO Tim Cook including Cook remaining bullish on the iPad, pointing to software updates, new productivity tools, and the partnership with IBM.