Stock Market

Apple Stock Is Under Pressure. There’s a Silver Lining.

Apple delivered another stunning quarter, crushing earnings estimates across the board. Apple registered nearly $40 billion of iPhone sales in…

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Analysts Say These 3 Stocks Are Their Top Picks for the Rest of 2021

Anyone involved in the investing game will know it’s all about “stock picking.” Choosing the right stock to put your…

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China State Media Seeks to Calm Investor Nerves After Stock Rout

(Bloomberg) — China’s stock benchmark halted a three-day rout as the state media sought to reassure investors shaken by Beijing’s…

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Rio Tinto Pays $9.1 Billion Dividend as Profit Hits Record

(Bloomberg) — Rio Tinto Group, the world’s biggest iron ore miner, reported its highest-ever interim profit and will pay $9.1…

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Bitcoin Eyes Longest Winning Streak in 2021 Amid Crypto Rebound

(Bloomberg) — A continuing recovery in Bitcoin has put the largest cryptocurrency on course for its longest winning streak this…

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Activision Blizzard CEO admits ‘tone deaf’ response to allegations, ahead of employee walkout

Facing an employee revolt ahead of the videogame company’s quarterly earnings report, Activision Blizzard Inc. Chief Executive Bobby Kotick went…

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Tencent, Meituan Dumped by China Traders Who Used to Buy on Dips

(Bloomberg) — Chinese investors are turning against the nation’s technology giants, removing a pillar of support that helped the sector…

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Activision CEO Apologizes After Employees Threaten to Walk Out

(Bloomberg) — Activision Blizzard Inc. Chief Executive Officer Bobby Kotick responded to the threat of an employee walkout with an…

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Microsoft Stock Ticks Higher on Strong Profits and Outlook

Text size Noel Celis / AFP via Getty Images Microsoft shares are trading higher late Tuesday after the software giant…

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Opinion: Apple’s blowout earnings didn’t help its stock, and here’s why

Apple Inc.’s whopping fiscal third quarter was overshadowed by the company’s forecast for slowing growth Tuesday, putting a damper on…

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