Under CEO James Gorman, Morgan Stanley has emphasized its wealth management division, a far steadier business than its trading operations.Financeread more
Treasury Secretary Steven Mnuchin said a call between U.S. and China trade officials is scheduled for later on Thursday.Marketsread more
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.Technologyread more
China has other "weapons" in its trade battle with the United States — and selling off its U.S. Treasury holdings will not be one of them, said Richard McGregor, senior fellow...China Economyread more
Three candidates calling for a mixed approach also co-sponsored Sen. Bernie Sanders' 'Medicare for All' bill.2020 Electionsread more
Here are the biggest calls on Wall Street on ThursdayInvestingread more
Raymond James upgraded Apple and said its most recent checks show Apple is preparing to bring a 5G iPhone to a wider range of models than previously thought.Marketsread more
Barr and Ross had defied Democrats' subpoenas for information about the Trump administration's efforts to add a citizenship question to the 2020 census.Politicsread more
IBM's year-over-year revenue has now declined for four quarters in a row. Impact from Red Hat is not yet factored into the company's guidance.Technologyread more
Apple announced Thursday that it will hold a press event on Oct. 30 at the Brooklyn Academy of Music in New York. It's where the tech giant is expected to unveil its latest iPads and Macs.
In July, top Apple analyst Ming-Chi Kuo said Apple will release a new 11-inch iPad Pro with support for Face ID, the same facial-recognition technology used in Apple's newest iPhones that can unlock the device when you look at it.
Apple refreshed its standard iPad back in March, when it also added support for the Apple Pencil stylus. Apple's current iPad Pros are available in two sizes: 10.5 inches and 12.9 inches, which means Apple will likely replace the 10.5-inch iPad Pro model.
In August, Bloomberg said Apple will release a new Mac Mini Pro and a new lower-cost MacBook with a Retina display. It's possible Apple refreshes the current MacBook Air with the new screen, since that computer has mostly only received bumps to the latest Intel processors over the last several years.
The invite says "There's more in the making," which might imply the new products will focus on tools and features for users who use Macs and iPads for work and creativity.
For the first time, Apple gave unique invites to various publications. CNBC's invite is above.
Here's The Wall Street Journal invite:
Here's what The Verge received:
This is TechCrunch's invite:
This is from CNET:
And here's one from Axios: