(Reuters) - Huawei Technologies' founder and Chief Executive Ren Zhengfei told Bloomberg that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any such move from China against ...
With Game of Thrones having officially concluded, let's analyze the winners and losers of Game of Thrones last season. Given that season 8 is the last season, a show record 44.2 million viewers tuned in on average if delayed viewing is counted. In contrast, the finale of one of TV's biggest shows, The Big Bang […]
As he's the co-founder of Apple AAPL and the visionary behind some of the world's leading personal computing innovations, few would question the late Steve Jobs ' expertise. Sculley, who served as Apple's CEO for a decade from 1983 to 1993, told CNBC Make It that ability did not come naturally to Jobs. Rather, it took 12 years and a contentious departure from Apple to hone it.
Samsung Electronics Co Ltd may have a chance to strengthen its position in the smartphone market due to the hurt caused to Huawei Technologies Co Ltd in the wake of U.S.-China trade tensions, according to Fitch Ratings.
Apple Inc. could be hit hard if China imposes a retaliatory ban against its products, but the founder and chief executive of Huawei Technologies Co. doesn't think it'll come to that. In an interview with Bloomberg Television published Sunday, Ren Zhengfei said he'd "protest" such a move. "That will not happen, first of all. And second of all, if that happens, I'll be the first to protest," Ren told Bloomberg. "Apple is my teacher, it's in the lead. As a student, why go against my teacher? Never." Last week, Goldman Sachs warned Apple's per-share earnings could take a 29% hit if China stops importing its products. Ren acknowledged that the Trump administration's import ban against Huawei products could hurt the Chinese tech giant in the short run, but the real impact "depends on how fast our repairmen are able to fix the plane."
Huawei Technologies' founder and Chief Executive Ren Zhengfei told Bloomberg https://bloom.bg/2HT7DUY that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any such move from China against the iPhone maker.
Remember those “Get a Mac” commercials Apple Inc. ran in the mid- to late 2000s? And how they were pretty funny? Turns out, they could have been a lot funnier, if not for Steve Jobs.
Is the game up on HBOnow that time is up on “Game of Thrones?” Many Wall Street media watchers say HBO and its parent ...
As trade tensions persist, a potential weapon in China's arsenal has emerged: Access to rare earth metals, a critical component of many technology products. China is the primary source of rare earths for manufacturers around the world. Apple shares closed down .38% on the Nasdaq Friday to $178.97.
faces a bigger risk in China than the direct impact of any tariffs, according to WedBush Securities analyst Dan Ives. Nationalistic sentiment in China -- and specifically anti-American sentiment -- could pressure its significant sales in the region. "We believe the more concerning issue is around any hit in demand if Apple feels the noise in China and any pro Huawei sentiment/Chinese nationalism negatively impacting sales in the near term which we believe is a contained situation (3%-5% of Chinese iPhones) for Cupertino the way things stand today," Ives said in a note.
Here is an in-depth look at the increasingly popular digital payment app Venmo. It's changing the way people exchange money.
NEW YORK, NY / ACCESSWIRE / May 26, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have ...
Pomerantz LLP announces that a class action lawsuit has been filed against Apple, Inc. (“Apple” or the “Company”) (NASDAQ: 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.
Every tech giant has a plan to upend the prevalence of white, male workers known as “tech bros”. The public faces of companies such as Facebook, Google and Apple are more inclusive than the reality. In a Google video published this year to promote Pixel 3 camera features, the cast was split evenly between men and women and one-fifth were black.
Media companies will need help selling their streaming services. Who will step up to serve them?
The U.S. has rolled back some of last Sunday's restrictions on Huawei, giving the company a temporary reprieve. Regardless, I have learned from my industry sources that Huawei has likely increased (hoarded?) their component inventory levels substantially. Nobody is looking at Huawei's balance sheet and even if they did they probably couldn't find the inventory line as there are so many off balance sheet items that the Chinese typically use.
Another soft quarter and China news aren't helping the investor mindset.
The electric-car maker is trading at a multiyear low, but the bull case is still clear.
The largest-cap stocks are outperforming in the S&P 500, which remains above key support as margin debt levels continue to climb.
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.
It might not be into traditional games, yet. But who's to say what is a "game"?
The world's top 10 technology names include seven American names, but you'll find a couple of Chinese companies and a Korean conglomerate on the list, too.
China's Huawei , hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said.
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending deadlines in the following securities class action lawsuits:
These three stocks could be a great place to put your nest egg to work.
* Indexes up: Dow 0.37%, S&P 500 0.14%, Nasdaq 0.11% (Updates to market close)
Labaton Sucharow LLP (“Labaton Sucharow”) announces that on May 24, 2019, it filed a securities class action lawsuit, captioned Steamfitters Local 449 Pension Plan v. Apple Inc., No. 19-cv-2891 (N.D. Cal.) (the “Action”), on behalf of its client Steamfitters Local 449 Pension Plan (“Steamfitters”) against Apple Inc. (NASDAQ: AAPL) (“Apple” or the “Company”) and certain officers and directors (collectively, “Defendants”). The Steamfitters Action asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and SEC Rule 10b-5 promulgated thereunder, on behalf of all those who purchased or otherwise acquired Apple securities during the period from August 1, 2017 through January 2, 2019, inclusive (the “Class Period”), who were damaged thereby (the “Class”).
Plenty of Wall Street analysts have weighed in on Apple, Inc. (NASDAQ: AAPL)’s exposure to the U.S. trade war with China. On ...
The U.S. has been slow to embrace tap-to-pay transactions, but history suggests that a turning point may be near.
Chinese consumers sympathetic to the plight of their country's Huawei Technologies are turning on U.S.-based Apple, according to media reports. That news is weighing on Apple stock.
* Indexes up: Dow 0.45%, S&P 0.33%, Nasdaq 0.42% (Updates to early afternoon)
* Indexes up: Dow 0.14%, S&P 0.08%, Nasdaq 0.24% (Updates prices, adds comments)
The major stock indexes were squarely higher in morning trade Friday. But retailer Foot Locker crashed more than 16% after its weak earnings results.
Option Pit's Mark Sebastian suggested on Bloomberg Markets that investors should consider a bullish options strategy in Apple Inc. ...
* Indexes up: Dow 0.65%, S&P 0.62%, Nasdaq 0.86% (Updates to open)
On CNBC's "Options Action", Mike Khouw said that he saw above-average options activity across the market and Apple Inc. ...
Snap Inc. (NYSE: SNAP) is in talks with major record labels to expand the ways users can include music in posts on its Snapchat app, ...
Roku management talks advertising, new streaming services, and more.
China's Huawei , hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said.
U.S. stock index futures edged higher on Friday, attempting to bounce back from the previous session's steep sell-off, on cautious optimism after President Donald Trump predicted a swift end to the ongoing tariff war with China.
Lawmakers are starting to question the massive size of share repurchases.
Private-college tuition is rising at more than twice the rate of U.S. inflation, writes Brett Arends.
Putting all your credit card information into your smartphone sounds risky—here’s how it works and how to be secure.
It’s easier than in the past and you don’t have to sacrifice viewing options to save money.
Remember that REMX hit a high above $100 back during the last crisis in 2011 ... now it's trading under $15.
It may be the most impressive-looking tech campus in the world, and it doesn’t belong to Apple, Amazon or Google.
Alphabet is easily able to pay a dividend; it simply has not made the decision to initiate a dividend yet. But this could change, which is why investors should not be surprised to see Alphabet start paying dividends in the next several years.
President Donald Trump said on Thursday U.S. complaints against Huawei Technologies Co Ltd might be resolved within the framework of a U.S.-China trade deal, while at the same time calling the Chinese telecommunications giant "very dangerous."
Top tickers for end of day: GE, NOV, HAL, AAL, BAC, AAPL, TSLA.
In a news-driven market, China holds more sway than secondary indicators. As long as the U.S. and China fail to agree on trade, bad things could happen.
Here’s why the ruling siding with the Federal Trade Commission is likely to be overturned on appeal.
The stock market correction worsened Thursday as the major stock indexes tumbled on mounting worries over the trade war with China.
William O'Neil protege David Ryan joined the podcast this week to talk about how he finds top stocks to buy, and it comes down to "buying what you know."
Qualcomm Inc. shares fall for a second day as analysts respond to renewed uncertainty at the chip maker with a downgrade and price cuts.
Top tickers for midday: HAL, GE, BAC, TSLA, CNX, AAPL.
* Indexes fall: Dow 1.71%, S&P 1.72%, Nasdaq 2.09% (Updates to early afternoon)
QUALCOMM, Inc. (NASDAQ: QCOM) shares are down 16.3 percent this week after a judge ruled Qualcomm violated antitrust laws in imposing ...
Six investing lessons you can learn from tech investor Kevin Landis.
New Federal Reserve Bank of New York researchers doubled their projections on the impact of the trade war with China.
Ireland must be open to considering a broader concept of how companies are taxed in the modern digitalized world, Finance Minister Paschal Donohoe said on Thursday, setting out his country's stall in a debate that is key to its economy.
* Indexes fall: Dow 1.39%, S&P 1.33%, Nasdaq 1.51% (Changes comment, updates prices)
House Democrats are wise to play out President Donald Trump’s drama, rather than rush toward impeachment, writes Tim Mullaney.
Chip and surveillance companies may be hurt the most, says Nigam Arora.