Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 21, 2017. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines midday Wednesday: Apple — Apple rose 4.3% after announcing better earnings, sales and guidance than analysts expected. The tech giant reported
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A container ship moored at the Piraeus Container Terminal in Greece on June 6, 2016. Alkis Konstantinidis | Reuters While investors look for clues about the health of the global economy, a research and analytics unit under S&P Global said a “hidden” segment of debtors is flashing early signs of trouble. Those borrowers are small
Apple CEO Tim Cook greets customers as they prepare to purchase a new iPhone X at an Apple Store on November 3, 2017 in Palo Alto, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell: Share of Apple rose more than 4% in after-hours trading after the tech giant reported
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., listens during a Business Roundtable CEO Innovation Summit discussion in Washington, D.C., U.S., on Thursday, Dec. 6, 2018. Andrew Harrer | Bloomberg | Getty Images It’s among the worst fears of any bank CEO. A lone hacker managed to steal the personal information
A Huawei logo is pictured at their store at Vina del Mar, Chile July 18, 2019. Rodrigo Garrido | Reuters China’s Huawei reported a 23.2% year-over-year increase in revenue for the first six months of 2019 year despite facing political headwinds. The company said its total revenue came in at 401.3 billion yuan ($58.26 billion)
A top economist at Morgan Stanley told CNBC on Monday that he expects the Federal Reserve to cut interest rates by 50 basis points this week because of weak business investment in the United States. A report from the Commerce Department last week showed that business investment in the U.S. declined 5.5% in the second
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images An “insurance” rate cut seems like a done deal to traders this week, soon to mark the first reduction since the financial crisis by the Federal Reserve. For investors looking to play the anticipated cut, here
Giant Panda statues at the China International Import Expo (CIIE) — held from Nov. 5 to Nov. 10, 2018 at the National Exhibition and Convention Center in Shanghai, China. Fu Tian | China News Service | Visual China Group via Getty Images BEIJING — American companies remain keen on tapping business opportunities in China, despite
Oppenheimer Asset Management’s John Stoltzfus suggests investors may want to fasten their seat belts. The long-time bull expects a wave of near-term volatility to pressure stocks. He’s blaming uncertainty surrounding this week’s Federal Reserve decision on interest rates, another big batch of second quarter earnings results and a fresh round of U.S.-China trade talks. “Any
Traders work beneath a monitor displaying Halliburton Co. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, May 2, 2016. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines midday Friday: Starbucks — The coffee company’s stock jumped 8.9% after Starbucks announced earnings