Jim Cramer sees trouble brewing for Apple’s earnings report next week. » Read More
Asian technology stocks slumped on Wednesday after Apple’s quarterly earnings missed expectations, and analysts say there could be further weakness for the tech giant’s regional supply chain in the coming months because of declining iPhone sales.
Apple has a rare earnings miss; Netflix shares plummet; Buffalo Wild Wings has tough time and Loeb buys more Yahoo shares.
A 5 percent drop in Apple’s shares after quarterly results missed market estimates does not have analyst Brian White concerned – he’s sticking to his bullish $1,111 target for the shares because of the tech giant’s “exciting” product line up.
The technology giant, known for beating on earnings, delivered a huge earnings miss and its outlook for the current quarter disappointed.
Anyone who has waited to buy the stock at discount is finally getting their chance, he said.
Of all the earnings reports released this season, who’d have ever thought it would be Apple that could take down the stock market.
Check out which companies are making headlines after the bell Tuesday:
Stocks quickly clawed back in the final hour of trading Tuesday but still ended lower, with the Dow logging its third-consecutive triple-digit loss, pressured by ongoing worries in the euro zone.
The story of VirnetX is like so many battleground stocks: The bulls hang on every piece of apparent good news and the bulls attempt to pierce it with logic and fact.
Analysts are likely to probe Apple executives for clues as to how fast the company can ramp up production of an expected iPhone 5.
Apple could reach as high as $1,500 based on the growth projections of not only markets in which Apple currently leads, but more importantly, in markets it has yet to enter, one expert said.
According to the latest quarterly filings, only 24 companies in the S&P 500 reported having zero debt on their balance sheets. Which S&P 500 companies are debt free and cash rich? Click ahead to find out.
U.S. stock market futures turned flat Tuesday as investors digested a handful of mixed earnings and worries over the euro zone against an improving manufacturing report from China.
Corporate earnings reports will compete for attention with whatever Europe throws at markets Tuesday.
On the most basic level, expectations for Apple’s earnings aren’t wandering lost in the valley of indecision. Wall Street analysts expect about $10.35 a share on revenue of $37.2 billion for the third quarter due to be reported after the close of trading on Tuesday.
“With a pretty surprising downturn in Europe, June was definitely a leg down for a lot of companies," one pro said. And the GDP report could be a "whack across the forehead."
Though Microsoft reported its first quarterly loss since 1986 this week, Edward Maguire, an analyst for Credit Agricole Securities, is convinced the software giant can reverse the damage.
With the bar set so low, technology companies had an easier time beating earnings expectations this week. But the focus now starts to shift toward the consumer.
Take a look at what makes them great, and what entrepreneurs can learn from their success.
Google reported better-than-expected earnings on Thursday. This signaled continued strength in advertising which sent Google shares up in extended-hours trading. But the Internet giant left one question unanswered: What is Google’s plan for Motorola?