Online sales may not be the saving grace retailers were hoping for.» Read More
Following its quarterly earnings miss, Apple shares face a variety of new pressures, Colin Gillis of BGC said Thursday on CNBC.
The online retailer reported a larger-than-expected quarterly loss as it spends heavily to expand existing operations and develop new businesses. Its outlook also fell short of expectations.
Apple shares face a variety of new pressures, Colin Gillis of BGC says.
Apple falls in after hours after the company missed earnings estimates, with the Fast Money traders; Colin Gillis, BGC Financial analyst; and CNBC's Jon Fortt. CNBC's Julia Boorstin reports Apple is continuing its talks with music labels to create a free ad supported service.
Check out which companies are making headlines after the bell Thursday.
CNBC's Maria Bartiromo reports Amazon's quarterly earnings, with Dan Morgan, Synovus Trust; Gary Shilling, A. Gary Shilling; Ben Pace, Deutsche Bank Private Wealth Management; and CNBC's Jeff Cox.
NEW YORK-- A weak showing in home sales and a mixed batch of earnings reports kept the stock market flipping between minor gains and losses on Wall Street.
U.S. companies have in general reported better-than-expected profits for the third quarter. Yet some of the biggest U.S. multinationals are exhibiting signs of weakness, prompting concerns that dark times are coming.
Best Buy announced on Wednesday it would remove a number of senior managers as part of its restructuring plan, but will it be enough to turn around the struggling retailer?
Microsoft showed off its upgraded operating system, Windows 8, at an event in New York on Thursday.
Microsoft's new Surface tablet trumps its competition because it is the only tablet that can be used for both work and entertainment, said Steven Ballmer, Microsoft's CEO.
NEW YORK-- Stocks climbed Thursday on Wall Street, aiming for their first significant advance in more than a week, on the busiest day for quarterly corporate earnings reports. Eight of the 10 industry groups in the S&P 500 index rose. Online game maker Zynga jumped 26 cents to $2.39 after the company reported revenue that was stronger than analysts had anticipated.
NEW YORK-- Stock futures edged higher Thursday with some positive numbers coming out of the manufacturing sector and potentially more evidence of an improving jobs picture. The report from the Commerce Department on orders for long-lasting U.S. manufactured goods shows a surge in September, the largest in nearly three years.
NEW YORK-- Analysts expect Amazon.com Inc. to report another quarter of double-digit revenue growth Thursday after the market closes. Susquehanna analyst Herman Leung expects Amazon to meet Wall Street's expectations and give "conservative" guidance for the holiday shopping season. Amazon's stock rose $1.70 to $230.19 in premarket trading Thursday.
SAN FRANCISCO, Oct 24- Amid the fanfare accompanying the noisy launch of the iPad mini this week, Apple Inc also took the wraps off new Mac computers.
SEATTLE, Oct 24- Firm sales numbers for Microsoft Corp's Windows 8 and its new Surface tablet will not be available for three months, but it may be clear long before then if it has a hit on its hands.
When Amazon.com stock could go $20 either way after it reports quarterly results, how do you trade it? CNBC’s “Fast Money” pros weighed in Wednesday.
*Barclays cuts target to $800 from $810. Oct 24- Apple Inc's ``iPad mini'' will attract new customers but the higher-than-expected price is unlikely to make it a threat to low-cost tablets such as Amazon.com Inc's Kindle, analysts said, in a muted reaction to the new tablet.
Israel Ganot, Gazelle CEO, discusses how his company is capitalizing on Apple's new product launch, and explains how the "re-commerce" market works.
Although more consumers feel better about the chances for an improved economy next year, shoppers remain cautious with their holiday budgets. They expect to wrap up fewer packages, but give better gifts.