263.90 +0.71 (0.27%)
After hours: 5:49PM EST
|Bid||263.75 x 1300|
|Ask||264.14 x 800|
|Day's range||260.40 - 266.08|
|52-week range||142.00 - 268.00|
|Beta (3Y monthly)||1.25|
|PE ratio (TTM)||22.14|
|Earnings date||27 Jan 2020 - 31 Jan 2020|
|Forward dividend & yield||3.08 (1.16%)|
|1y target est||257.21|
Netflix, once the disruptor on the streaming scene, has become the ultimate incumbent. Now competitors like Apple and Disney are challenging its binge-watching model.
Leaving behind Washington and the impeachment probe, President Donald Trump traveled to Texas on Wednesday to tour a manufacturing plant that produces the latest generation of Apple’s Mac Pro computer. Trump was seeking to highlight job growth in a state crucial for Republicans in 2020, both in terms of money and votes. Trump’s visit follows Apple’s announcement in September that it would continue manufacturing the Mac Pro in Austin — a move that came once the Trump administration agreed to waive tariffs on certain computer parts made in China.
In the third quarter, global dividends hit a record, but the annual growth has decelerated sharply, signaling that "a marked slowdown is under way."
Apple Chief Executive Officer Tim Cook is set to give a tour of the Texas factory to U.S. President Donald Trump later on Wednesday. The new $1 billion, 3-million-square-foot campus will initially house 5,000 employees, with the capacity to grow to 15,000, and is expected to open in 2022, Apple said. Apple currently employs about 7,000 employees in Austin.
Apple® today announced the start of construction on its new campus in Austin, Texas, as part of its broad expansion in the city. At a production facility just a short distance away, Apple is preparing to ship the all-new Mac Pro® to customers starting in December. “Building the Mac Pro, Apple’s most powerful device ever, in Austin is both a point of pride and a testament to the enduring power of American ingenuity,” said Tim Cook, Apple’s CEO.
FT subscribers can click here to receive Tech Scroll Asia by email. There will be a top-level panel plus a medley of Tech Scroll Asia writers pitching their big tech themes for 2020. Hi everyone — China is on the brink of a breakthrough in semiconductor self-sufficiency.
Welcome back to Trade Secrets, live from Washington DC. Meanwhile, at a cabinet meeting on Tuesday, Trump delivered another threat against Beijing, saying tariffs would rise unless they did a deal he liked, casting more doubt on the successful completion of the “phase one” agreement with China. Today, we’re looking at a US trade law question that is consuming DC insiders — and has ramifications across the globe.
China's Pinduoduo Inc reported a bigger-than-expected quarterly loss on Wednesday due to higher operating expenses, sending the e-commerce company's shares down 13% before the opening bell. The company was started just four years ago but has been described by analysts as a disruptor to the dominance of Alibaba Group Holding Ltd's Taobao and JD.com Inc over China's retail sector thanks to its popularity among the country's rural residents.
Investing.com – Wall Street fell on Wednesday as tensions between the U.S. and China put a damper on any hope of a trade breakthrough between the two.
The Trump administration has approved “several” individual licences for US companies to do business with Huawei, the Chinese telecommunications equipment maker, as it seeks to cushion the impact of an export ban introduced this year that has soured trade relations between Washington and Beijing. The US commerce department announced the move in a statement on Wednesday, as officials from the world’s two largest economies struggled to reach a limited truce in their trade war that would avoid a new escalation in tariffs in the middle of next month. The commerce department said the green light had been given after an inter-agency review including representatives of the US state department, US defence department, and US energy department, without naming any of the companies involved.
WASHINGTON/SAN FRANCISCO (Reuters) - Four top U.S. tech companies, Alphabet's Google, Facebook , Amazon.com and Apple , responded to questions from a congressional committee by defending their practices and declining to answer some questions. The House of Representatives Judiciary Committee, which released the answers Tuesday, had sent the queries as part of its antitrust probe of the four giants, which face a long list of other antitrust probes. Facebook and Apple declined comment for this story while Amazon and Google had no immediate comment.
Investing.com - U.S. futures rose on Tuesday after Washington extended an exception for U.S. companies that do business with black-listed Chinese firm Huawei, while retail earnings were on tap.
Samsung, the world’s largest smartphone maker, wants to emulate Apple’s success in building a $50bn-a-year services business as the rapid growth of smartphone sales begins to tail off. Samsung’s search for growth away from its hardware divisions comes as analysts pencil in annual increases in the smartphone shipments of only 1 to 2 per cent for the foreseeable future.
Today we searched for highly-ranked, large-cap stocks using our Zacks Stock Screener that dividend investors might want to consider buying. All three of the stocks also happened to be Dow components from completely different industries...