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If the new year represents a new beginning to some, for others it is just ‘same old same old.’. Fortunately, for Apple (AAPL), ‘same old same old’ will do just fine. The world’s most successful company has started 2020 in exactly the same way it finished 2019: by reaching new all-time highs. The tech giant is up by another 7% since the turn of the year and at the time of writing is trading at $312.68.So, is Apple stock finally set for a pullback?According to Wedbush’s Daniel Ives the answer is a “resounding NO.” Incredibly, the 5-star analyst believes we are just at the beginning of a transformational new cycle.Apple’s current iPhone 11 upgrade cycle is reportedly boasting an uptick of demand in China. Couple this with "jaw dropping" AirPods momentum, and according to Ives, the upcoming FY1Q report will boast positive results and provide strong March guidance as well. The...
America’s largest natural gas driller reported a $1.8 billion dollar impairment for Q4 2019, signaling continued distress in the U.S. shale patch...
Signing of the “phase one” trade deal, Federal Reserve’s release of its Beige Book and another round of bank earnings will keep investors busy Wednesday....
The Los Angeles-based company said on Tuesday its latest funding was led by Qatar Investment Authority and included Temasek Holdings, Canada-based Calridge, Hong Kong's Green Monday Ventures and a Latin America based family with big interests in coffee and consumer products. The investor rush into plant-based milk comes as cow milk consumption is falling, partly due to health and environmental reasons, leading to two of the largest dairy producers in the United States - Dean Foods and Borden Dairy Company - filing for bankruptcy protection in the past two months....
Yahoo Finance's Myles Udland highlights the latest news with Tesla and investor enthusiasm behind the company....
(Bloomberg) -- PG&E Corp. is nearing a deal with a group of bondholders led by Pacific Investment Management Co. and Elliott Management Corp. that would entitle them to a mix of equity and new debt if they scrap their rival restructuring plan, people familiar with the matter said.The California power giant announced a potential deal at the start of a bankruptcy court hearing on Tuesday that had been delayed twice as the two sides talked. When court began an hour late, PG&E lawyer Stephen Karotkin told the federal judge overseeing the reorganization that the company and bondholders were in “constructive negotiations.”Karotkin didn’t provide any details about what an agreement would include. A deal hasn’t yet been struck and the talks may still break off, the people said, asking not to be identified because the talks are private.PG&E said in a statement that it has been holding discussions with stakeholders on its...
Companies set a record for the largest number of U.S. patents in 2019, boosted in part by a patent surge from Chinese giants like Huawei....
