|Day's Range||19.50 - 20.40|
'Game of Thrones' inspired several podcasts, which are now fighting for ad dollars even though the Iron Throne has been claimed.
Google's move to revoke Huawei's operating license for Android is not really separate from the larger US-China trade dispute, according to one expert.
Apple Inc. shares are falling in Monday morning trading after HSBC warned that the smartphone giant’s issues in China aren’t going away “anytime soon.”
Zhao Lijian, deputy chief of mission at the Chinese embassy in Islamabad, tweeted a picture Tuesday of a carved-up apple. “It has been just revealed why @realDonaldTrump hated a private company from China so much,” he joked. The escalating U.S.-Chinese tensions over trade and Huawei threaten to pummel a swathe of technology companies from America to Asia, dampen global growth and hamstring the country’s largest technology company.
Consumers in China may shift their spending away from Apple and to local smartphone brands if the trade war escalates, according to HSBC Global Research.
Trump administration sanctions against Huawei have begun to bite even though their dimensions remain unclear. U.S. companies that supply the Chinese tech powerhouse with computer chips saw their stock prices slump Monday, and Huawei faces decimated smartphone sales with the anticipated loss of Google's popular software and services. The U.S. move escalates trade-war tensions with Beijing, but also risks making China more self-sufficient over time.
The chip giant is engaged in a similar skirmish with Huawei over licensing fees, and it's one of several moving parts that Qualcomm investors must keep an eye on this week amid an escalating trade conflict between the U.S. and China. After telling employees on Monday that it will stop supplying Huawei until further notice, Qualcomm shares tumbled 5.87%.
WASHINGTON/BEIJING (Reuters) - Worries that the United States and China were digging in for a longer, costlier trade war weighed on financial markets on Monday as Beijing accused Washington of harbouring "extravagant expectations" for a deal to end their dispute. Investors added up the costs of higher tariffs on Chinese and U.S. goods as well as the effects of severe U.S. restrictions on China's Huawei Technologies for the U.S. technology sector, sharply driving down shares of suppliers Qualcomm, Micron Technology and Broadcom Inc. Apple Inc shares fell 3.3 percent, hurt by a warning from HSBC that higher tariffs on Chinese goods would force the tech company to raise prices, with "dire consequences" on demand for its products.
Global equity markets fell on Monday as a U.S. crackdown on China's Huawei Technologies led chipmaker stocks in Europe and on Wall Street to slide on fears of a widening trade war, while the dollar was steady before fresh insight on the Federal Reserve's interest rates policies this week. China accused the United States of harbouring "extravagant expectations" for a trade deal, underlining the gulf between the two sides as the U.S. action last week against Huawei began to hit the global tech sector. Alphabet Inc's Google suspended some business with Huawei, Reuters reported, and Lumentum Holdings Inc, a major supplier of Apple Inc's face ID technology, said it had discontinued all shipments to Huawei.
U.S. stocks slid on Monday as the White House's restrictions on Chinese telecoms equipment maker Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would further inflame trade tensions between the United States and China. Since the White House added Huawei to a trade blacklist last week, several companies have suspended business with the world's largest telecom equipment maker. Alphabet Inc's Google has moved to stop providing Huawei with access to its proprietary apps and services, Reuters reported on Sunday.
The new week's Monday Apple (NASDAQ:AAPL) rumors are here and there's plenty to be discussed, including the company's new OS, an advanced computer display and Apple Watch update news.Source: Apple Here's what you should know regarding the company today:iOS 12.4: Apple said that it seeded the second beta of an upcoming iOS 12.4 update to developers, nearly one week after seeding the first iOS 12.4 beta. Registered developers can download the beta from the company's Developer Center or over-the-air once the right configuration profile has been installed from the Developer Center. It is unclear what exactly is coming with the update.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUltraFine Display: It's no secret that supplies of the LG UltraFine 4K and 5K display have been hard to find at Apple's retail and online stores. However, some of its retail stores have reportedly been carrying a new $700, 23.7-inch UltraFine display from LG. The display was located at two different company stores, but not on its online store.Apple Watch Upgrade: Those seeking a repair for their Apple Watch Series 3 may receive a free upgrade as the company may be running short on its Series 3. This means that some consumers will receive the newer Apple Watch Series 4. The tech giant unveiled the change in an internal memo to Apple Store repair staff, as well as its Authorized Service Providers.AAPL stock is up about 3.5% on Monday following this week's Monday Apple rumors. More From InvestorPlace * 7 Stocks to Buy that Lost 10% Last Week * 6 Chinese Stocks That Could Pop On a Trade Deal * 7 High-Yield REITs to Buy (Even When the Market Tanks) Compare Brokers The post Monday Apple Rumors: iOS 12.4, UltraFine Display and Apple Watch News appeared first on InvestorPlace.
Global equity markets fell on Monday as a U.S. crackdown on China's Huawei Technologies led chipmaker stocks in Europe and on Wall Street to slide on fears of a widening trade war, while the dollar was steady ahead of fresh insight on the Federal Reserve policies. China accused the United States of harboring "extravagant expectations" for a trade deal, underlining the gulf between the two sides as the U.S. action last week against Huawei began to hit the global tech sector.
are under pressure on Monday as trade tensions continue to intensify. At the beginning of the month, there was plenty of optimism over the U.S. and China reaching a trade deal. Roughly 20% of the company's revenue comes from China and as tensions rise, it's becoming more likely that Apple will find itself in the tariff crosshairs.
CEDARHURST, NY / ACCESSWIRE / May 20, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.
Apple shares fell again on Monday after an influential analyst cut the company’s price target, saying he worried more pain was on the horizon from President Trump’s escalating trade war with China.
Tech gets caught in the trade war crossfire. What the chip crush means for the markets. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Mark Tepper, Dan Nathan and Guy Adami.