Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
Patrick Shyu, a former tech lead at Google, has posted a series of videos making fun of Facebook, where he worked as a software engineer until last month.Technologyread more
The measure to keep the government running through Nov. 21 now heads to the Senate, where McConnell has signaled he will back a temporary spending plan.Politicsread more
Amazon's purchase comes as part of its plan to convert its delivery fleet to 100% renewable energy by 2030. The e-commerce retailer already runs 40% of its fleet on renewable...Autosread more
As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
American Airlines struggled with flight delays and cancellations this summer, hamstrung by the grounded Boeing 737 Max and mired in a bitter labor dispute with its mechanics.Airlinesread more
Fewer customers want Apple's newest iPhones than the iPhone 7 and iPhone 7 Plus when it was released last year, a Wall Street research survey shows.
Results from a survey conducted by RBC Capital Markets found that 64 percent of prospective iPhone buyers want an iPhone X, 8 Plus or 8. That's shy of the 71 percent of prospective buyers who preferred an iPhone 7 and 7 Plus last year after its release.
"Outlook on units could be less positive in the initial months," wrote RBC Capital Markets' Amit Daryanani in his Sunday note to clients. "On aggregate, 64 percent of prospective iPhone buyers preferred the new generation of iPhones, which is slightly lower than 71 percent for iPhone 7/7+ models last year."
"We think this is likely due to Apple not phasing out iPhone 6s and giving a wider offering to customers," he added.
The survey included over 4,000 individuals and asked respondents about their technology usage and phone purchasing plans among other topics.
Apple stock has struggled since the announcement of the new iPhones in September, losing about $50 billion in market value over the past month, falling 6 percent. Though questions surrounding demand for the latest generation remain, Apple is still one of the market's best-performing large-cap stocks, surging 33 percent since January, outpacing the S&P 500's 13 percent.
Apple's stock closed at $153.81 Monday evening.
To be sure, RBC is still positive on Apple overall and raised its 12-month price target thanks to the iPhone X's steeper price tag. The analyst noted that more than half of prospective buyers opted for the higher storage model in the survey, encouraging him that higher prices may prove to be positive for Apple's margins.
Daryanani has been largely positive on Apple, saying as recently as August that the technology company is still on track to become the first trillion-dollar company. The analyst raised his 12-month price target to $180, representing 17 percent upside from Friday's close.