Apple announces $2.5 billion expansion of iPhone and Watch glass partnership with Corning Source link
Author: usaeverydaylife
CNBC’s Jim Cramer parsed Wednesday’s action, telling investors why he thinks this market puts even the best investors in a tricky position.”We have a market that’s all over the map, driven not by group moves, but by individual stocks with bizarre narratives that are unlike anything I’ve ever seen,” he said.According to Cramer, expensive stocks keep heading higher even when they shouldn’t, and stocks of solid companies are ignored by Wall Street, even when they post good quarters. Heavily-shorted companies “steamroll the short-sellers” when positive news about business is revealed, he added.He named Palantir and Arista Networks as stocks that…
A sign with the Toyota logo in Surrey, England on August, 2023Peter Dazeley | Getty Images News | Getty ImagesToyota Motor on Thursday reported higher-than-expected operating profit for the June-quarter, even as the world’s largest auto company by sales volumes grapples with U.S. tariffs. Here are Toyota’s results compared with the mean estimates from LSEG:Revenue: 12.25 trillion yen vs. 12.19 trillion yenOperating profit: 1.17 trillion yen vs. 881.41 billion yenOperating profit for the quarter, however, dropped 11% year on year. This Toyota’s Toyota’s third consecutive quarterly decline in operating profit.Net income attributable to the company fell 37% to 841.3 billion yen.Toyota…
The ‘Fast Money’ traders react to Apple announcing Corning partnership. Source link
Join CNBC for live updates on European markets. Source link
An employee checks the stock of medicines at a pharmacy store in Hyderabad on July 31, 2025. Noah Seelam | Afp | Getty Images India’s exports to the U.S. face a steep 50% tariff after U.S. President Donald Trump on Wednesday slapped an additional 25% duty on Indian goods over the country’s oil purchases from Russia.The extra duties — set to come into effect within 21 days — will be stacked on top of the 25% tariffs on New Delhi due Thursday stateside, according to the executive order.Analysts are warning that the higher U.S. tariffs risk substantially diminishing the allure…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyPres. Trump and Apple CEO Tim Cook speak in the Oval Office on Apple’s latest manufacturing announcement.05:19Wed, Aug 6 20255:26 PM EDT Source link
A cargo ship carries foreign trade containers on the Jiaozhou Bay waterway in Qingdao, Shandong Province, China, on August 5, 2025. Costfoto | Nurphoto | Getty Images China’s export growth in July sharply beat market expectations as the clock on a tariff truce with the U.S. keeps ticking, while imports rose to their highest in a year.Exports climbed 7.2% in July in U.S. dollar terms from a year earlier, customs data showed Thursday, exceeding Reuters-polled economists’ estimates of a 5.4% rise.Imports rose 4.1% last month from a year earlier, marking the biggest jump since July 2024, according to LSEG data.…
The logo of Japanese entertainment and electronics giant Sony is displayed at the company’s headquarters in Tokyo on May 14, 2025.Kazuhiro Nogi | Afp | Getty ImagesSony raised its full-year operating profit forecast Thursday by 4% to 1.33 trillion yen ($9.01 billion), citing a diminished impact from U.S. President Donald Trump’s trade war.In May, Sony forecast a profit of 1.28 trillion yen, factoring in a 100 billion yen hit from the tariffs.The Japanese conglomerate has transformed from a maker of household electronics such as the Walkman to an entertainment behemoth spanning games, movies, music and chips.Sony reported a 36.5% rise in operating profit to…
Pres. Trump and Apple CEO Tim Cook speak in the Oval Office on Apple’s latest manufacturing announcement. Source link
