Apple's stock is having its worst month of the year. Here's why

Apple’s innovation outlook a concern for investors? The CyberGuy Kurt Knutsson and LJH Investment Advisors Managing Director Larry Haverty debate the outlook for Apple. Since peaking at a year-high in early May, Apple shares have shed close to 14 percent of those gains – largely because of renewed U.S.-China trade tensions. Continue Reading Below On Monday, shares of the iPhone-maker […]

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US stock futures lower on China trade tensions

China a threat to domestic rail industry: Rep. Garamendi Rep. Garamendi, D-Calif., discusses the China-trade threat and Iran. U.S. stock futures pointed sharply lower Friday as Wall Street investors worried about possible consequences of President Trump’s executive order aimed at banning Huawei equipment from U.S. networks. Continue Reading Below China has threatened to retaliate against the U.S. for the order, […]

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Uber stock rises after NLRB rules drivers are not employees

Uber drivers who are agitating for full-time employee status face a lengthy stretch ahead. Shares of the ride-hailing giant rose 3.3 percent on Wednesday, a day after the National Labor Relations Board ruled that Uber drivers are contractors, not employees. Tuesday’s decision — which helped Uber shares recover from a two-day slide after a dismal Friday debut on the New […]

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Stock futures fall on US-China trade worries

Market selloffs on trade fears a buying opportunity for investors? Former White House national security adviser Zack Cooper and Altium Wealth Portfolio Manager Michael Lee on The U.S. trade talks with China and their impact on the markets. U.S. stock futures pointed lower Tuesday as investors gauged the possibility of heightened trade tensions between the world's two biggest economies. Continue […]

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Bitcoin (BTC) Dropped Below $5,700 Today Due To Stock Market Downtrend

Earlier today, Bitcoin (BTC) plunged below $5,700, and it traded at $5,692. Luckily for the Bitcoin (BTC) enthusiasts, the BTC managed to recover and is now trading above the $5,700 mark, but it’s still dropping in percentage as over the past 24 hours. On the other hand, the Ethereum (ETH) keeps its position as the second-most-largest cryptocurrency by market capitalization, […]

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The first major analyst calls on Lyft are out and they're bullish: 'Future of human transportation'

Several top Wall Street analysts launched coverage on Lyft Tuesday, with the majority of brokerages recommending the stock. Many brokerages lauded the company’s large, global marketplace, a short list of competitors and a compelling valuation following early stock underperformance. Lyft is “one of two players attempting to utilize the shared economy model as a means to disrupt the North American […]

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Here’s why Qualcomm’s stock price popped 23%

What happened Shares of Qualcomm (NASDAQ: QCOM) soared 23% today in the wake of a late-afternoon filing with the SEC, wherein the company announced that it reached a “multi-year” “global patent license agreement” and “chipset supply agreement” with Apple(NASDAQ: AAPL) that settles the companies’ yearslong intellectual property litigation and appears likely to work out to the benefit of both parties. So […]

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