After all the hype surrounding the iPhone 5 launch, Apple looks to have only sold 5 million smartphones, not including pre-orders. That, along with news of riots at Chinese supplier Foxconn and disappointment with the new mapping app, led to profit-taking in Apple shares on Monday. Analysts and fund managers remain bullish.
Though banks already have cut about half a million jobs since the 2008 financial crisis, more layoffs are coming, analyst Meredith Whitney told CNBC.
Risk appetites are getting sated, and this strategist is wary of currencies from countries with stimulus programs underway.
Facebook shares plunged Monday following a weekend report from Barron’s that the social-networking giant’s stock remains overvalued.
Valuations of homebuilder stocks have jumped into uncharted territory, says one analyst who still sees promise in a few of the sector’s names despite the lofty prices.
Take a look at some of Monday's midday movers:
TheStreet reports that Peregrine stock plunged when company reported discrepancies in the cancer drug bavituximab study.
Goldman Sachs strategists expect the “fiscal cliff” to push the market lower in the fourth quarter, and they recommend investors sell the stocks that have lagged so far this year.
Credit Suisse has reiterated its outperform rating and increased its estimates to companies in the containerboard group following a successful price hike from producers, with the FMHR team. Meanwhile stocks are pulling back today following a 14 percent run since early June, with Jeffrey Saut, Raymond James.
Brian Marshall of ISI Group, says global growth potential of Apple's iPhone 5 could still double.
Nothing taxes the credibility of politicians like their promises and claims about taxes, and President Obama and Governor Romney top the list for testing the credulity of voters.
David Rolfe, Wedgewood Partners chief investment officer, weighs in on the challenges facing Apple and where he sees the stock headed.
On Friday we saw some unusual options activity on Facebook.
Discussing where to find value in the home builders space, with Buck Horne, Raymond James analyst, and Will Randow, Citi analyst.
Rich Ilczyszyn, iiTrader.com chief market strategist, discusses whether a gold selloff will spark liquidation.
Gold and silver are on a tear, but only one can be your best option. This strategist breaks it down.
Paper and packaging firm Mondi, online betting company Paddy Power, U.S tax preparer H&R Block and Cisco, the world's biggest maker of computer-networking equipment represent good investment opportunities with plenty of potential, Alex Gunz, fund manager at Heptagon Capital told CNBC.
"Stocks twelve months from now will have outperformed cash and Treasuries once again," predicts Robert Doll, BlackRock senior advisor, offering a plan for investors as the fiscal cliff looms?
Federal Reserve chief Ben Bernanke took aim at the housing market this month, saying it was one missing piston in the economic engine. But some fear housing is suffering another false start.
Profit-starved hedge fund managers, best known as masters of the financial universe, are turning to an unlikely place for their next windfall: the unglamorous world of long-only asset management. The FT reports.