U.S. stocks fell on Monday as a decline in Apple shares, a strong dollar and lingering worries about global trade offset positive news on the dealmaking front. » Read More
By: Elizabeth Gurdus
Jim Cramer explains why it's only a matter of time before investors come around on Alphabet. » Read More |
By: Tyler Clifford
Lumentum is not the only supplier that's going to be negatively affected by Apple's woes, AlphaOne Capital Partners' Dan Niles says. » Read More |
By: Elizabeth Gurdus
Jim Cramer unpacks Monday's sell-off and says a combination of seven factors will help the stock market find a bottom. » Read More |
Salesforce has chosen a Microsoft executive to lead its customer service business after giving up on its small-business product.
Chipmaker Advanced Micro Devices is up 85 percent this year, but the stock got pummeled Monday, leading the broader sector lower.
Lee was the creator of dozens of now-iconic comic-book heroes, including Spider-Man, X-Men, the Avengers, the Fantastic Four and Black Panther.
The fact that all the FANG names were down 2 percent to 3 percent, and the industrial and energy sectors were down 1.5 percent each, points to a bigger problem.
One of Apple's facial recognition suppliers cut its outlook based on a reduced shipment request from one its largest customers. Shares of Apple slid 5 percent on the news.
Quarterly concerns around iPhone demand have become close to routine for Apple — as global smartphone sales slow and upgrade cycles grow longer.
Shares of Facebook fell on Monday to their lowest close since April 2017 as U.S. stocks declined across the board. The company has endured a turbulent year in 2018 tied to the spread of fake news and its handling of user data.
Trump's tweet follows a call earlier Monday by the American Cable Association for the Department of Justice to investigate Comcast.
In recent months, Facebook, Google and Twitter have faced intensifying claims of online censorship and an environment that's not welcoming to right-leaning employees.
A study conducted by academic researchers found that students who limited their daily use of Facebook, Instagram and Snapchat to 10 minutes each per day experienced significant declines in depressive symptoms. This study claims to be the first to find a direct causal link between cutting back on social media use and improvements in loneliness and depression.
Square's $25 million investment in Eventbrite is now worth $61.9 million, according to a public filing last week.
Nick Bell led Snapchat's media efforts, including its Discover vertical and recent investment in more original content.
Apple and other big tech names need to recover for the overall stock market to rebound, says CNBC's Jim Cramer.
TF International Securities analyst Ming-Chi Kuo said Apple will ship 70 million iPhone XR units, 30 million fewer than Kuo originally expected. Kuo's note explains why he believes Apple will ship fewer than he originally anticipated.
Amazon closed in a bear market Monday as the e-commerce giant added to a 20 percent decline from all-time highs reached back in September.
SAP is buying Qualtrics, nabbing the company just before its planned IPO.
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