This is a live blog. Please check back for updates. All times below in Beijing time. 7:40 pm: China cancels tariffs on some virus prevention materials imported from United States China will suspend retaliatory tariffs on products from the United States that can be used to combat the coronavirus outbreak in China, according to the […]
Tag: Apple Inc
Worst drop since October, coronavirus fears grow, airlines fall
This is a live blog. Check back for updates. 3:10 pm: Coronavirus names fall ahead of the close Stocks with a large amount of exposure to the coronavirus epidemic accelerated losses on Friday, dragging down the major averages. American Airlines, Delta and United all suspended flights to and from China, sending their stocks down 3.5%, 2.4% […]
Nintendo shares drop after third quarter earnings announcement
A figurine of the Nintendo Co. video-game series The Legend of Zelda character Link is displayed inside the Nintendo TOKYO store during a media tour in Tokyo, Japan, on Tuesday, Nov. 19, 2019. Kiyoshi Ota | Bloomberg via Getty Images Shares of Nintendo plummeted on Friday afternoon a day after the company reported operating profit […]
Coronavirus could bring jobs, manufacturing back to the US
Wilbur Ross Mike Blake | Reuters The fast-spreading coronavirus has infected thousands of people in China and raised fears about a global pandemic — and that could have a positive impact on the U.S. economy, Secretary of Commerce Wilbur Ross said Thursday. Ross said in a Fox Business Network interview that the disease, which Chinese […]
Dow positive, coronavirus ‘buy’ signal?, record copper losing streak
The Facebook logo is displayed during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images This is a live blog. Check back for updates. 3:05 pm: Dow turns positive as WHO calms coronavirus fears The Dow erased a 200-point drop and turned positive after the World Health […]
Here’s how much cash Apple has on hand
Apple CEO Tim Cook greets customers at the grand reopening of Apple’s flagship Apple Fifth Avenue retail store on September 20, 2019 in New York City. Taylor Hill | Getty Images Apple stock is heading into 2020 with a strong rally. Shares are up more than 7% this year and more than 100% since reporting […]
Apple, Starbucks, AMD and more
Customers look at Apple’s new iPhone 11 series smartphones at an Apple retail store at the IFC Mall in Pudong New Area, Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Take a look at the companies making headlines after the bell. Apple – Apple stock rose 2.5% after it reported strong fourth-quarter […]
Why Apple CEO Tim Cook invested in the Nebia by Moen shower head
A San Francisco startup named Nebia, backed by some of the biggest names in technology, released a $199 shower head this week. It promises to provide a hotter, more satisfying shower using less water than traditional models. I went to their offices, disrobed and took a 10 minute shower. I’ll tell you what it’s like. […]
Apple, Microsoft joining meeting promoting patient access to data
Apple and Microsoft will every be sending a consultant to a gathering on Monday hosted by a gaggle that is supporting efforts by the Department of Health and Human Services to make it simpler for sufferers to entry and share their medical data. The nonpartisan Carin Alliance, which describes its focus as “advancing consumer-directed […]
Intel, American Express, Disney, Broadcom & more
Intel (INTC) – Intel reported quarterly revenue of $1.52 per share, beating the consensus estimate of $1.25. The chipmaker’s income additionally exceeded Wall Street forecasts, helped by an enchancment in private laptop and knowledge middle demand. Intel additionally gave an upbeat current-quarter outlook, in addition to asserting a 5% dividend enhance. Walt Disney […]