Major Chip Stocks Slide on Nvidia Earnings and Apple’s Not Going to Help

Nvidia lowers its revenue guidance for the fourth quarter of 2018 sending its shares tanking downwards by 14%. Other chip stocks followed suit. Analysts say Apple’s imminent earnings report means it could get much worse for chipmakers. Shark Tank co-ho...

Apple Leads the Dow Jones Into Five Weeks of Gains

The Dow Jones Industrial Average, by a fraction, realized its fifth week of gains on Friday.  A closing high of 0.8% in Friday gave the Dow a 0.1% increase across the week. Disregarding speculation that Apple could be dying, the iPhone maker’s shares l...

PG&E Shares Spike in After Exoneration from California Wildfires

By CCN.com: Over a week ago, PG&E stocks lost most of their value faced with PG&E’s possible $30 billion in liabilities pertaining to wildfires and potential bankruptcy. PG&E’s share price hiked 75% today. PG&E has been cleared of respo...

Jeff Bezos Still in the Game: Blue Origin and Amazon Shares Fly

By CCN.com: You might think after all the press attention over his divorce, Jeff Bezos might be looking for a quieter 2019. Not so, he’s been spotted stepping out with his mistress Lauren Sanchez. And, with so many big buck projects on the go, it’s not...

Newsflash: Tesla Shares Nosedive After Major Analyst’s Consensus Turns to ‘Sell’

By CCN.com: Elon Musk and Tesla’s poor start to 2019 looks like it’s set to get worse. After news of a $1 billion debt balance and cost-cutting layoffs, analysts are adding to Tesla’s trauma. Tesla shares ended yesterday 1.11% down. Premarket moves sho...

Newsflash: Tesla Shares Nosedive After Major Analyst’s Consensus Turns to ‘Sell’

By CCN.com: Elon Musk and Tesla’s poor start to 2019 looks like it’s set to get worse. After news of a $1 billion debt balance and cost-cutting layoffs, analysts are adding to Tesla’s trauma. Tesla shares ended yesterday 1.11% down. Premarket moves sho...

Trade Wars, Brexit & a Weak 2019 Forecast: What’s Prompting Asian and European Markets...

By CCN.com: Asian and European markets opened Tuesday on a weaker note as the International Monetary Fund (IMF) warned about sluggish global growth in 2019. Weak Chinese Market Forecasts The Asian session primarily saw a slowdown in the Chinese economy...

Dow Jones Rallies 130 Points After a Boost from US-China Optimism

This morning, Dow Jones Industrial Average Futures Trading predicted a gain of over 130 points for the index at market opening . The US stock markets have been buoyed by news that trade tariffs could be eased or even rolled back. Futures trading as of ...

How Tesla’s 7% Stock Drop Shows Dow Jones Isn’t in the Clear

The stock price of Tesla has dropped by 7.14 percent in pre-market following the release of CEO Elon Musk’s letter. The struggle of the car marker demonstrates the lack of fundamentals in the U.S. stock market which may lead to the decline of the Dow J...

Apple’s Asia Suppliers Slash Sales Forecasts as US-China Trade War Bites

Apple’s suppliers in Asia are cutting sales forecasts in anticipation of reduced iPhone sales as the U.S.-China trade war drags on. Among the hardest hit include Taiwan Semiconductor Manufacturing CO (TSMC) which singlehandedly supplies the iPhone’s co...