Stocks stumble as Trump to talk trade at G7
Yahoo Finance's LIVE market coverage and analysis of what you need to watch in the stock market begins each day at 9:25 a.m. ET.
BYD promotes new vice president
A look at how fleets are spec'ing trailers
Better Buy: GlaxoSmithKline plc vs. Johnson & Johnson
How do these two big pharma stocks compare in a one-on-one match-up?
Amazon (AMZN) Unveils New Alexa-Powered Device Fire TV Cube
Amazon (AMZN) unveils a new device, Fire TV Cube, a 4K Ultra HD streaming media player, bringing it one step closer to dominate the living room.
Apple plans to make 20 pct fewer new model iPhones this year – Nikkei
Apple Inc expects to ship 80 million new model iPhones this year, down 20 percent from what it had planned at the same time last year, the Nikkei reported on Friday, citing industry sources. The California-based firm has asked its parts suppliers to make about 20 percent fewer components for the three new iPhones it plans to launch in the second half of 2018, compared to last year's plans for its iPhone X and iPhone 8 models, the paper reported. It knocked 2 percent off Apple's shares and send stocks of its suppliers around the world as much as 6 percent lower, weighing on the U.S. and other stock markets.
Apple, Suppliers Drop After Report of Cut in iPhone Orders
Apple Inc. shares and Europe-based suppliers declined after a report that the technology giant has warned its supply chain of a drop of around 20 percent in new iPhone component orders. Apple fell 2.1 percent in U.S. pre-market trading, after its Frankfurt-listed shares also lost as much as 2.1 percent. Other European semiconductor stocks including Dialog Semiconductor Plc, STMicroelectronics NV and Infineon Technologies AG all slipped after the Nikkei said that Apple told its supply chain to prepare about 20 percent fewer components for iPhones debuting in the latter half of this year, compared with 2017's orders, citing people in the industry it didn't identify.