The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
Silicon Valley venture capitalist Chamath Palihapitiya told CNBC on Wednesday he sees Apple as a massive generator of cash, but the company is probably slipping on the innovation side.
"I think Apple is a productive cash machine. Is it a font of innovation? Unclear, trending to probably not," the Social Capital founder and CEO told "Squawk Box."
He said he can see why Warren Buffett pushed Berkshire Hathaway to add in the first quarter to its already massive Apple stake. "They are famous buyers of value. There's tremendous value at Apple. There's enormous cash flow in Apple."
Referring to Apple in a CNBC interview on Monday, Buffett said: "We bought about 5 percent of the company. I'd love to own 100 percent of it."
Last week, Buffett revealed to CNBC that Berkshire bought 75 million shares of Apple in the three months of the year, adding to the 165.3 million shares Berkshire already owned at the end of 2017. As of Tuesday's close, Berkshire's Apple stake is worth about $44.6 billion.