Quick, guess the world’s most valuable company? Apple, Facebook, Google? It’s none of those. Instead, Microsoft has claimed the title. The software giant is now worth $1.1 trillion, narrowly edging out Apple for the top spot. And Microsoft’s lead is likely to grow in the coming days. That’s because the company just announced a huge…
U.S. stocks are approaching record highs again, but Wall Street’s fear index suggests now is not the time to be complacent. | Image: AP Photo/Richard Drew The CBOE Volatility Index, commonly known as the VIX, is supposed to be one of the most reliable indicators of investor sentiment on Wall Street. The number, which can…
It’s Friday the 13th – not to mention the fact that there’s a full moon tonight – and one Dow Jones stock has investors feeling very afraid. | Credit: AP It’s Friday the 13th – not to mention the fact that there’s a full moon tonight – and one Dow Jones stock has investors feeling…
Apple CEO Tim Cook is expected to announce the hotly-anticipated iPhone 11 later today. | Source: Photo by Brittany Hosea-Small / AFPIt’s the biggest day of the year for Apple and Tim Cook. Yep, it’s the annual iPhone reveal, coming live from the Steve Jobs Theatre in Cupertino on Tuesday. Apple is expected to launch…
Slack stock plunged in after-hours trading after it forecast a wider-than-expected Q3 loss. This happened even though Q2 results beat expectations. | Source: REUTERS/Brendan McDermid Slack stock (NYSE: WORK) plunged 15% in after-hours trading after it forecast a wider-than-expected loss for the third quarter. The stock tumbled even though second-quarter results beat analyst expectations. After…
President Trump doubled-down on a previous prediction that the stock market would be trading 10K points higher were it not for his obsession with China. | Source: Shutterstock The broader stock market finished the day in the green, with all three of the major indices extending their 2019 gains. Not only that but year-to-date, the…
The Bridgewater Associates co-chief investment officer warns that the stock market could be gearing up for a repeat of the 1930s. | Source: Shutterstock Forget all the recession talk, Wall Street tycoon Ray Dalio is afraid an economic depression could be in the cards. The Bridgewater Associates co-chief investment officer warns that conditions in the…
Tesla stock spiked amid news that its electric cars will be exempt from a 10% Chinese auto tax after CEO Elon Musk visited the country. | Source: REUTERS / Aly Song Tesla stock was buoyed by news that its electric cars would be exempt from a 10% Chinese tax on auto sales. The move comes…
A gloomy stock market must wrestle with China’s latest taunt, in which it warned it would “fight to the end” and get the “last laugh.” | Source: Don Emmert / AFPBy CCN Markets: China and the United States keep upping the ante. Presidents Trump and Xi are raising the stakes even further this weekend after…
The stock market’s “fear gauge” – the CBOE VIX – spiked nearly 20% on Friday as a series of Trump tweets ignited Wall Street panic. | Source: Scott Olson / Getty Images / AFPBy CCN Markets: Friday was one of those days where headline news scared the heck out of investors, and the stock market’s…
