Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
"I actually think it's more likely that President Trump hurts Apple more than" Chinese President Xi Jinping, Cramer said on "Squawk on the Street" on Wednesday. He said new tariffs on Chinese imports could really hit Apple.
Trump has been threatening to place tariffs on another $300 billion worth of Chinese goods, effectively the rest of China's imports in the United States, after increasing tariff rates last month on the $200 billion worth of Chinese goods already subject to punitive duties.
On Monday, Trump told to CNBC that if Xi does not attend the G-20 meeting later this month, he would pull the trigger on those additional tariffs.
Thus far, Apple feels that it has shielded itself from any immediate impact from the escalating U.S.-China trade and economic disputes.
"The Chinese have not targeted Apple at all, and, I don't anticipate that happening, to be honest," Apple CEO Tim Cook said in an interview with CBS News earlier this month. Though Cook admitted that more tariffs could eventually hurt sales, though he said he does not "anticipate it happening."
Cramer on Wednesday encouraged investors not to sell their shares of Apple, but said he understands wanting to take profits with the stock up 10% this month and the specter of trade as an overhang.
"I do think you can own it. Don't trade it," the "Mad Money" host said. "But I totally understand why someone might say, 'This has been a good run, I'm done.'"
While drifting down slightly in Wednesday afternoon trading, Apple shares on Tuesday logged a six-session winning streak.
In June, as of Tuesday's close, the Nasdaq surged nearly 5%, while Apple stock advanced double that since the last trading day of May.
Apple, along with tech stocks broadly, were slammed in the May market rout, which saw the Nasdaq lose 8.4%, in its worst monthly performance since December.