Semiconductor stocks may be poised to extend their longest skid in months after disappointing guidance from Nvidia Corp. and Applied Materials Inc. sent shares of both companies sliding in extended trading....
Motorola's new P30 smartphone is getting roasted online for looking almost exactly like the iPhone X.It's not the only phone that sports a strikingly similar look as Apple's flagship phone, but it's the latest example of an amusing trend. Here's a quiz to see if you can tell the two apart.
A funny thing happened between Aug. 16, 2012, when Apple (NASDAQ:AAPL) initiated a $2.65 quarterly dividend, its first since 1995, and today — Apple became a dividend stock. Since the company paid that first dividend, Apple’s stock shot up 233% and its dividend has grown by 115%, an annualized growth rate of 14%. A big reason Apple initiated its capital allocation program in the first place was to appease investors who felt its growth was slowing and it wasn’t returning enough money to shareholders through dividends and share repurchases.
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of a young hacker stealing files from AAPL. Hacker: A 16-year-old hacker was able to get past Apple’s security and steal secure files from it, reports BGR.
Walmart is surging after crushing earnings estimates Thursday morning, adding about $12 billion to the wealth of the Walton family. Walmart's stock price is surging after the company announced better-than-expected earnings results Thursday morning. According to Yahoo Finance, Walmart's split- and dividend-adjusted closing stock price on January 2, 1980 was a little over $0.05.
Micron Technology Inc.’s plunge since late May has pushed the shares to a technical level unseen in more than two years. The largest U.S. manufacturer of memory chips was swinging between gains and losses Thursday after a 6.2 percent drop a day earlier pushed shares below their 200-day moving average. Micron has rarely dipped below any of those levels in recent years, let alone all three.
CNBC's Meg Tirrell reports on U.S. regulators clearing the first generic competitor to Mylan's EpiPen, after a yearslong delay that many said contributed to the emergency allergy drug's rapid rise in price.
Ethereum co-founder Vitalik Buterin tweeted out a photo of what appeared to be a job offer from Google earlier this year. Many speculated that Google was attempting to hire Buterin for a secret cryptocurrency project. In May, the founder of cryptocurrency project Etherum, Vitalik Buterin, asked on Twitter if he should quit ethereum to work for Google.
Chinese video streamer iQiyi (NASDAQ:IQ) has been a roller coaster since it was spun-off from Baidu (NASDAQ:BIDU) in late march. At first, IQ stock staged a powerful rally, going from $18 to $46 (as of mid-June).7 Internet Stocks to Buy on a 2018 Pullback
Jack Dorsey has doubled down on his criticism of Facebook and YouTube for removing the Infowars host Alex Jones. In a new interview with NBC News, the Twitter CEO said his peers had been "inconsistent" in their handling of Jones.
Apple CEO Tim Cook tweeted a gif of the giant sliding doors at Apple Park. Previous aerial footage of Apple Park show the doors and lunch area under construction. Apple's giant new headquarters in Cupertino, California, is nicknamed the "spaceship" — and Tim Cook's latest peak behind the curtain only backs up this monicker.
While others walked away from manufactured homes, Don Glisson Jr. stuck around. “I knew that would lead to disaster,” said Glisson, chief executive officer of Jacksonville, Florida-based Triad. When sales of the homes plummeted and his competitors fled, Glisson booked profits by keeping his focus on borrowers with high credit scores.
President Recep Tayyip Erdogan moved to shore up alliances in Europe and the Middle East, easing pressure on the battered lira, as the standoff between Turkey and the U.S. deepened. Efforts to rally support and bolster domestic markets include a call Thursday between Turkish Finance Minister Berat Albayrak and international investors. Erdogan also spoke with French President Emmanuel Macron, a day after talks with German Chancellor Angela Merkel and a $15 billion pledge of support from Qatar.
President Donald Trump abruptly revoked the security clearance of ex-CIA Director John Brennan on Wednesday, an unprecedented act of retribution against a vocally critical former top U.S. official. Later, in an interview with The Wall Street Journal, Trump drew a direct connection between the Russia investigation and his decision, citing Brennan as among those he held responsible for the investigation. "I call it the rigged witch hunt, (it) is a sham," Mr. Trump told the Journal, which posted its story on its website Wednesday night.
Amazon.com Inc. is in the running to acquire Landmark Theaters, a move that would vault the e-commerce giant into the brick-and-mortar cinema industry, according to people familiar with the situation. The company is vying with other suitors to acquire the business from Wagner/Cuban Cos., which is backed by billionaire Mark Cuban and Todd Wagner, according to the people, who asked not to be identified because the discussions are private. The chain’s owners have been working with investment banker Stephens Inc. on a possible sale, the people said.
A Colorado baker who refused to make a wedding cake for a gay couple on religious grounds — a stance partially upheld by the U.S. Supreme Court — has sued the state over its opposition to his refusal to bake a cake celebrating a gender transition, his attorneys said Wednesday. Jack Phillips, owner of the Masterpiece Cakeshop in suburban Denver, claimed that Colorado officials are on a "crusade to crush" him and force him into mediation over the gender transition cake because of his religious beliefs, according to a federal lawsuit filed Tuesday. Phillips is seeking to overturn a Colorado Civil Rights Commission ruling that he discriminated against a transgender person by refusing to make a cake celebrating that person's transition from male to female.
Traditional pension plans are being used by some doctors, lawyers and other wealthy small business owners to shield hundreds of thousands of dollars in income from taxes, Bloomberg’s Ben Steverman reports, and new tax rules related to pass-through businesses are expected to make the plans even more popular. Guidelines released by the Treasury Department last week limit the use of the 20 percent pass-through tax deduction for some high-earning professionals, who will have to keep their incomes under $315,000 per married couple in order to claim the full benefit of the tax break. Defined-benefit pension plans provide a way to reduce income and, in the wake of the new tax rules, are especially attractive to older, high-income service providers who operate their own businesses.
Hong Kong's most expensive neighborhood is The Peak. You may have heard of it in Kevin Kwan's novel "Crazy Rich Asians," which was turned into a summer blockbuster. The Peak is a gorgeous, secluded neighborhood that overlooks Hong Kong and is home to bankers, expatriates, business magnates, celebrities, and millionaires and billionaires.
Tesla and its CEO, Elon Musk, aren't likely to face more than a small fine or stern warning if the US Securities and Exchange Commission ends up launching an investigation and bringing an enforcement action against Musk or the company, Nimish Patel, a partner at the law firm Mitchell Silberberg & Knupp who specializes in corporate and securities laws, told Business Insider. After a week of speculation, the plans of Tesla and its CEO, Elon Musk, to explore the possibility of taking the company private are coming into focus.
A long-promised integration between the Amazon Alexa voice assistant, and Microsoft's Cortana, has finally come to life after a year of waiting. Cortana has integrations with Microsoft Outlook for e-mail and calendaring that Alexa and other similar assistants don't.
The trial of Paul Manafort is nearing an end in Alexandria, Virginia, where the former chairman of Donald Trump’s 2016 presidential campaign is accused of defrauding banks to secure loans and hiding overseas bank accounts and income from U.S. tax authorities. On Wednesday, Special Counsel Robert Mueller’s team of prosecutors and Manafort’s defense are set to present closing arguments, and then it’s up to the jury.
SHANGHAI (Reuters) - Shares of Asian video game companies such as Tencent Holdings <0700.HK>, Nexon <3659.T> and Nintendo <7974.T> tumbled on Wednesday due to concerns over delays in new games releases in China, as Beijing halted approvals for game licenses.
Kansas Gov. Jeff Colyer conceded Tuesday evening in the state's Republican gubernatorial primary, saying he will endorse Secretary of State Kris Kobach a week after their neck-and-neck finish threatened to send the race to a recount. Colyer accepted defeat in a surprise announcement after a review of some provisional ballots from most Kansas counties failed to find enough votes for him to overcome a deficit of 110 votes at the time of poll closing in the Aug. 7 primary, out of more than 311,000 votes initially counted. Kobach, who was endorsed by President Donald Trump, has seen his lead widen as the counting of provisional ballots continues into next week across the state.