|Day's Range||56.32 - 56.32|
NBC Anchor Natalie Morales and her husband have joint checking and savings accounts, but she has a separate account to trade stocks.
Qualcomm, Apple, Boeing, Avon and Beyond Meat are the companies to watch.
Shares of Qualcomm dropped after a judge ruled the company's practices violate antitrust law. Yahoo Finance's Adam Shapiro, Julie Hyman, Dan Howley, Scott Gamm, and David Nelson of Belpoint Asset Management discuss.
This market's gotten real simple, real fast. We've got a new rubric to judge stocks. Too much Chinese exposure and you're toast. But if you've got little or no Chinese exposure, your stock can rally, even on a not-so-hot day like this one.
Hey, good morning! You look fabulous. If you've been waiting to upgrade to a new MacBook Pro, then today's news could be just what you need to hear. Otherwise, we've got a detailed breakdown of PS5 info straight from Sony, an esports lawsuit worth paying attention to and a big update rolling out for Windows 10.
The bad news seems to keep on coming for Tesla Inc., and one expert says this is the year the electric-car company “comes undone” — and maybe gets bought by Apple Inc.
Earlier this month, Qualcomm investors thought some of the chip maker’s legal issues were abating after the company’s big agreement with Apple, but on Wednesday, the company was seen as having more uncertainty after a federal court ruling.
SALEM, Ore. (AP) — Over the span of two years, a Chinese national in Oregon sent devices that looked like iPhones to Apple, saying they wouldn't turn on and should be replaced under warranty. He didn't just submit a couple of the devices -- he delivered in person or shipped to Apple around 3,000 of them.
"You need to strap yourself to the mast if you're gonna hold onto this one, as we've done for my charitable trust," CNBC's Jim Cramer says. Apple's supply chain is deeply embedded in China, and Goldman says they can't move their production any time soon," the "Mad Money" host says. "So if the Communist Party does anything to limit iPhone production ... the consequences could be serious, especially with the next iteration set to come out this fall," he says.
Everybody knows that Apple has plenty of exposure to China. This morning Goldman put out a piece saying that the max earnings sensitivity is 29%, meaning that Apple's annual total earnings per share exposure is about 29% or $3.35 a share.
US District Judge Lucy Koh made a ruling on the FTC's Qualcomm case, saying they did violate US anti-trust laws. The cyclical nature of the semiconductor business makes it very sensitive to economic factors.
In a private call with Morgan Stanley clients on Wednesday, research analyst Adam Jonas, a long-time Tesla bull, struck bearish notes. Jonas poured cold water on the idea that Apple or Amazon, or any other big tech firm, would acquire the electric car maker. In an invitation-only call with institutional clients of Morgan Stanley on Wednesday, research analyst Adam Jonas — a long-time Tesla TSLA bull — expressed skepticism about the electric vehicle maker and said not to count on a buyer like Apple to bail the company out.
NEW YORK (AP) — Are the female voices behind Apple's Siri and Amazon's Alexa amplifying gender bias around the world?
NEW YORK, NY / ACCESSWIRE / May 22, 2019 / Pomerantz LLP announces that a class action lawsuit has been filed against Apple, Inc. ("Apple" or the "Company") (AAPL) and certain of its officers. The class action, filed in United States District Court, for the Northern District of California, and indexed under 19-cv-02615, is on behalf of a class consisting of all persons and entities who purchased or otherwise acquired Apple securities between November 2, 2018 and January 2, 2019, inclusive (the "Class Period"), seeking to pursue remedies under §§ 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act"), and SEC Rule 10b-5 promulgated thereunder. If you are a shareholder who purchased Apple securities during the class period, you have until June 17, 2019, to ask the Court to appoint you as Lead Plaintiff for the class.
UBS cut its price target on Apple Inc. shares Wednesday after the company published its annual survey of smartphone customers and said that it seems the amount of time consumers are waiting to replace smartphones will continue to grow longer. UBS analysts said that a survey of 8,000 smartphone users suggests that the smartphone upgrade cycle will continue to elongate, especially in the U.S. and U.K., and that concerns about China only adds to doubts about iPhone sales. "We cut our iPhone forecasts to reflect the smartphone softness and see risk of potential demand destruction in China from backlash given Huawei situation," the analysts wrote. UBS maintained a buy rating but dropped its price target on the stock from $235 to $225, at least the third price-target decline for Apple this week that mentioned China fears, after Goldman Sachs and HSBC made similar moves. Twenty of 39 analysts tracking Apple rate the stock the equivalent of a buy, according to FactSet, while 16 say to hold the stock and three rate it the equivalent of a sell. The average price target as of Wednesday afternoon was $213.62, FactSet reported. Apple shares have declined 2.3% in the past 12 months, as the S&P 500 index has gained 5.1%
NEW YORK, NY / ACCESSWIRE / May 22, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment.