5 things to know before the stock market opens Friday

Traders at the New York Stock Exchange, July 20, 2021. Source: NYSE Wall Street was set to open lower on the final trading day of July as investors get three Dow stock earnings and another reading on inflation to digest. Nasdaq futures were leading the way down Friday, with a decline of more than 1% … Read more

Stocks making the biggest moves premarket: Comcast, Merck, Temper Sealy, Yum and others

Names on the move ahead of the open. Source link

Apple’s iPhone hot streak is going to run into the global chip shortage

Apple CEO Tim Cook attends the opening of the new Apple Tower Theater retail store at Apple Tower Theatre on June 24, 2021 in Los Angeles, California. JC Olivera | Getty Images Apple reported a blowout quarter on Tuesday, driven by sales of iPhones, which were up 50% annually to $39.57 billion in sales. That … Read more

Stocks making the biggest moves after hours: Alphabet, Microsoft, Apple and more

The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Check out the companies making headlines Tuesday after the bell:  Alphabet — Google-parent Alphabet saw its shares jump about 3% after a blowout quarterly earnings report. The technology giant reported earnings of $27.26 per share, … Read more

Elon Musk snipes at Apple twice on Tesla earnings call

Elon Musk, chief executive officer of Tesla Inc., right, departs from court for the SolarCity trial in Wilmington, Delaware, U.S., on Monday, July 12, 2021. Samuel Corum | Bloomberg | Getty Images Tesla CEO Elon Musk sniped at Silicon Valley neighbor Apple twice during a conference call to discuss Tesla earnings on Monday. Although the … Read more

Start-ups will suffer from antitrust bills meant to target Big Tech, VCs charge

San Francisco Compassandcamera | Getty Images Many lawmakers are eager to rein in the power of the largest tech companies: Amazon, Apple, Facebook and Google. But some of their proposals could actually hurt the smaller companies they’re meant to protect, venture capitalists warned CNBC. VCs are particularly concerned about efforts in Congress to restrict mergers … Read more

Earnings and the Federal Reserve are next big catalysts as stocks enter week ahead on an upswing

Traders at the New York Stock Exchange, July 20, 2021. Source: NYSE Here comes one of the biggest market weeks of the summer. First, the Federal Reserve meets Tuesday and Wednesday. While no action is expected, there could be some mention of the central bank’s possible wind down of its bond program. That could move … Read more

Futures edge higher after stocks notch 3-day win streak

A Specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. Brendan McDermid | Reuters Stock futures edged slightly higher in overnight trading after a rise in technology stocks boosted the Nasdaq Composite to its third-straight positive day on Thursday. Futures … Read more

Smartphone shipments in India fell 13% on-quarter as Chinese firms maintain their stronghold

Pedestrians walk past a Xiaomi Corp. store and a Samsung Electronics Co. store in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images Smartphone makers shipped about 32.4 million devices in India between April and June, according to research firm Canalys. That was about 13% fewer handsets shipped compared with the previous three months. A … Read more

Man busted in 2020 Twitter hack, bitcoin scam of Biden, Obama, Musk, Buffett accounts

Rafael Henrique | LightRocket | Getty Images A British man was arrested Wednesday in Spain in connection with the 2020 hack of Twitter accounts belonging to Apple, President Joe Biden, former President Barack Obama, Tesla chief Elon Musk, Warren Buffett, Microsoft founder Bill Gates and more than 100 others to swindle their followers out of … Read more