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
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread 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
The Pentagon on Thursday said the recent attack on Saudi Arabian oil facilities were "sophisticated" and represented a "dramatic escalation" in tensions within the region.Defenseread more
The flap illustrates the growing distrust of the YouTube community, and willingness to assume the worst in light of unclear communication.Technologyread more
Four years ago Microsoft had just two women on its board. Walmsley is now the fifth.Technologyread 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
Shares of Apple jumped Monday to an all-time high on speculation of strong demand for the iPhone X, which the company began taking preorders for on Friday.
A deluge of orders for the company's new luxury phone has already pushed shipment times into December, according to analyst reports from both Drexel Hamilton and Nomura.
"We are encouraged that shipping lead times have held steady at 5-6 weeks because these pre-orders can be recognized as shipments in the December quarter," wrote Drexel Hamilton analyst Brian White on Monday. "Apple is taking the iPhone franchise to a whole new level with the iPhone X, pushing the company deep into the ultra-luxury smartphone market."
Apple shares were 2.1 percent higher on Monday and posted their first intraday record since Sept. 1.
Apple told CNBC on Friday that "We can see from the initial response, customer demand is off the charts. We're working hard to get this revolutionary new product into the hands of every customer who wants one, as quickly as possible."
While the iPhone X is set for release on Nov. 3, Apple allowed customers to preorder phones starting Friday. While swells of preorders usually result in longer shipment times, analysts are finding that demand for the iPhone X is exceptional.
"We observed shipment times for the iPhone X tick up to 5-6 weeks within minutes of Apple opening pre-orders, where they have held over the weekend," wrote Nomura analyst Jeffrey Kvaal in a note to clients. "This is ahead of the 2-3 weeks during the iPhone 7 Plus launch and the 2-4 weeks during the iPhone 6 and 6s launch."
It appears preorder demand is so strong that Apple has directed its Taiwanese suppliers to double capacity in anticipation, according to a FactSet translation of a report in China's Economic Daily News. IPhone assembler and supplier Hon Hai Precision Industry – also known as Foxconn – was up 1.7 percent in local trading.
—CNBC's Gina Francolla contributed to this report.