The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended numerous accounts that are believed to be tied to a state-backed information campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
The $1 trillion valuation mark is now behind Apple, but three more technology companies are quickly closing in on the milestone.
Amazon, Alphabet and Microsoft are the next biggest companies racing to $1 trillion market capitalization, each closing in on the mark yet still over $100 billion away. Here's what it would take to get the nine U.S. companies below Apple to $1 trillion:
Wall Street expects Amazon shares to rise over 15 percent over the next year, which is just enough for the e-commerce giant to reach $1 trillion. Microsoft is a bit behind and will not likely surpass $1 trillion over the next 12 months, according to analysts. And while Wall Street expects Berkshire Hathaway to grow the most over the next year, it still has a very long way to go to reach the four comma club.
Apple is expected to cool off, with Wall Street projecting a small amount of growth for the company. The subdued bullishness on Apple's share price is likely related to a more modest pace of iPhone sales, according to several Wall Street analysts, who told CNBC on Thursday that consumer demand for more innovation has forced the Cupertino, California-based company to increase the price of its phones.
Correction: This story has been updated to correct the percentages in the first chart.