It’s a Rotten AAPL

Apple’s Stock Plunges

Apple had some news for investors to ring in 2019, only it wasn’t good. The company’s revenue this quarter will be significantly lower than it had previously indicated, thanks largely to a slowdown in China sales. Apple’s shares were halted after the stock market closed Wednesday...

By | January, 3, 2019|Categories: Articles, Featured|Tags: , , , , , , , , , , , , |0 Comments

Altria Partnering with JUUL

Altria in Talks to Take Stake in JUUL Labs

Altria Group Inc. is in talks to take a significant minority stake in e-cigarette startup Juul Labs Inc., a move that could give the Marlboro maker greater access to a rapidly growing but increasingly controversial segment of the nicotine market...

By | November, 29, 2018|Categories: Articles, Featured|Tags: , , , , , , , , |0 Comments

Apple Guides Lower

Apple’s Mixed Results

Apple Inc. reported its fourth consecutive quarter of record revenue and profit, as the combination of higher iPhone prices and strong app-store sales propelled the technology giant to its best year ever. But the world’s most valuable company offered guidance for the current period that disappointed many investors and said it would stop reporting unit sales for its products...

By | November, 2, 2018|Categories: Articles, Featured|Tags: , , , , , , , , |0 Comments

Trade Wars Don’t Affect Alibaba

Alibaba Sales Jump

E-commerce giant Alibaba Group Holding Ltd. reported a 61% increase in sales, as Chinese consumers continued to spend on the internet despite slowing economic growth. Alibaba, the operator of China’s two largest e-commerce platforms Taobao and Tmall, said in a statement on Thursday its core e-commerce business kept charging ahead in the most recent quarter...

By | August, 24, 2018|Categories: Articles, Featured|Tags: , , , , , , , , |0 Comments

SNAPPED: Snap Inc Reports User Decline

User Trouble

Snap Inc. reported its first quarterly decline in daily users, sending its stock price gyrating Tuesday and adding to investor concern that big social-media sites are entering a slump after Facebook Inc. and Twitter Inc. also posted slowing growth...

By | August, 8, 2018|Categories: Articles, Featured|Tags: , , , , , , , , , |0 Comments