|Day's Range||32.00 - 32.00|
Shailene Woodley thinks the OTT/Streaming wars are good for Hollywood by creating opportunity for everyone in the industry.
Leading Apple analyst Ming-Chi Kuo says the demand for new iPhones is beating his estimates, especially in China. Kuo also boosted his iPhone 11 shipment forecast between 70 to 75 million units this year. Yahoo Finance's Dan Roberts joins Akiko Fujita to discuss.
Shares of the glassmaker fell on Tuesday after the company reduced its sales outlook for fiber-optic equipment and glass for TV displays.
A snapshot of the IBD 50 shows that return on equity, a key earnings gauge, has risen sharply in recent years. But ROE alone should not be used in choosing stocks to buy.
Officials from the Justice Department and Federal Trade Commission may provide more information on Tuesday afternoon about their antitrust probes that are targeting Amazon.com Inc., Apple Inc., Facebook Inc. and Alphabet Inc.’s Google.
Healthcare battle is heating up with the growing proliferation of fitness trackers being offered by Apple (AAPL), Fitbit, Garmin and others.
HBO Max, the upcoming streaming service from AT&T Inc's WarnerMedia, has secured exclusive five-year streaming rights in the United States to all 12 seasons of comedy hit "The Big Bang Theory". Ranked as the No. 1 comedy on U.S. television for the past seven years, the show has garnered an audience of some 20 million people. All 279 episodes will be available on HBO Max when it launches in the spring of 2020, WarnerMedia said in a statement.
Just as the Fed is set to ponder an interest rate cut amid fears of a US slowdown, the People’s Bank of China has kept its one-year interest rate steady.
Netflix's (NFLX) acquisition of streaming rights of popular comedy Seinfeld will help it fill up the gap in its content portfolio post the departure of shows like Friends and The Office.
Stock futures: The stock market and Apple showed resilience as crude oil prices soared Monday. Shopify, Funko and Kraft Heinz fell late on stock-sale buzz.
Since the first iPhones hit the market in 2007, the glass on every iPhone sold has been produced at Corning’s Harrodsburg, Kentucky, plant. Apple and Corning did not disclose the terms of the deal. In the past, Apple has made long-term supply agreements https://www.reuters.com/article/us-apple-finisar/apple-grants-390-million-to-finisar-to-boost-laser-chip-production-idUSKBN1E71EA with its vendors in which it provides upfront cash to lock in supplies of parts and better prices.
PreVeil, an encryption-software startup with 25 employees in its Downtown Crossing office, has raised $7 million in a Series B investment round led by Presidio Ventures, the investment arm of Japanese trading company Sumitomo Corp. PreVeil's software integrates with Microsoft’s Office 365 by adding an encrypted inbox to the regular Outlook one.
Apple® today announced it is awarding $250 million from its Advanced Manufacturing Fund to Corning Incorporated, supplier of precision glass for iPhone®, Apple Watch® and iPad®. “Apple and Corning’s rich history dates back more than a decade, and our partnership revolutionized glass and transformed the technology industry with the first iPhone,” said Jeff Williams, Apple’s chief operating officer.
The European Union's order to Apple to pay 13 billion euros ($14 billion) in back taxes "defies reality and common sense", the U.S. firm said as the two sides sparred in a case key to the EU's crackdown on sweetheart deals to multinationals. The iPhone maker is appealing to Europe's second highest court to overturn the European Commission's 2016 ruling that it pay the record sum to Ireland. Ireland, whose economy has benefited from investment by multinational companies attracted by low tax rates, is also challenging the Commission's decision.
Corning was dropping Tuesday after the electronic components company announced it was cutting third-quarter guidance for its display and optical communications segments. The company now expects a revenue decline of between 3% and 5% in its optical communications segment, compared with its previous forecast of a low-to-mid-single digit percentage increase. The company expects third-quarter display technologies prices to be flat sequentially, and full-year glass prices to decline by a low-to-mid-single-digit percentage.
Apple has the money to buy a Hollywood studio, like Sony or Lionsgate, to build out its TV+ ambitions. But its content strategy is different from competitors such as Netflix or Disney.
Meanwhile on Tuesday... -- The war on terror’s ties to the opiate epidemic -- Amazon is anti-competitive -- Get rich quick selling sneakers More from the Financial Times Further reading Further reading ...
Investing.com - U.S. futures were slightly lower on Tuesday as heightened geopolitical risk and fading hopes for an interest rate cut from the Federal Reserve weighed on sentiment.