Apple delivered record revenue and profit in its first quarter earnings on Thursday, but sales of the iPhone, the company's most important product, declined year-over-year.
The move was a response comments from Alan Greenspan that suggested that both the stock and bond markets are in bubbles. Today's Three Big Stock Charts takes a technical read from General Electric Company (NYSE:GE), Apple Inc. (NASDAQ:AAPL) and First Solar, Inc. (NASDAQ:FSLR), three stocks finding themselves in a must-win situation to avoid another 5%-10% decline over the next month. The stock has been in a bear market since April 2017, but the next move is likely to shave another six percent from GE's value in short order. General Electric stock has been very sensitive to round-number prices as the stock has made its decline from $22 to its current $16.
A former Yale admissions officer shares his tips for acing your college application.
Shares of the company, formed by the merger of chemical giants Dow Chemical and DuPont, were down 2.5 percent at $73.56 on Thursday. DowDuPont said it expected earnings per share to grow in the mid-to-high teens percentage range, implying earnings of $3.90-$4.05. The chemicals giant said it raised prices by about 5 percent across markets in the fourth quarter, while volumes - a proxy for demand - rose 6 percent.
The Latest on investigations into contacts between President Donald Trump's campaign and Russia (all times local): 3:00 p.m. White House officials say President Donald Trump will clear the way for the ...
The Yahoo Finance team answers your questions about bitcoin: Will I be sorry if I don't put 5% of my retirement savings into cryptocurrency?
Warren Buffett's firm Berkshire Hathaway is sitting on a record amount of cash. Berkshire Hathaway has never had this much cash, so naturally people have wide-ranging ideas for how the Warren Buffett-led juggernaut may use it. The bank arrives at that figure by factoring in the record $109 billion of cash Berkshire has on hand and combining it with the company's strong free cash flow.
