ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyThe ‘Fast Money’ traders talk what they are seeing out of Apple this quarter and what it means for the stock.04:50Thu, Jan 30 20255:28 PM EST Source link
Author: usaeverydaylife
A Walgreens store stands on June 27, 2024 in the Brooklyn borough of New York City.Spencer Platt | Getty ImagesWalgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the pharmacy chain operator said on Thursday.Shares of the company fell more than 7% in extended trading.”The company’s cash needs over the next several years, including with respect to litigation and debt refinancing, were important considerations as part of the decision to suspend the dividend,” Walgreens said in a statement.The decision comes weeks after the Department of Justice filed a lawsuit alleging that the pharmacy chain knowingly filled millions of prescriptions that lacked a…
North Korean soldiers who joined their Russian allies in battle against Ukrainian forces have been pulled off the front lines after suffering heavy causalities, according to Ukrainian and U.S. officials. The North Korean troops, sent to bolster Russian forces trying to push back a Ukrainian offensive inside Russia’s borders, have not been seen at the front for about two weeks, the officials said after requesting anonymity to discuss sensitive military and intelligence matters.The arrival of around 11,000 North Korean troops in Russia in November caused alarm in Ukraine and among its allies in the West, who feared their deployment signaled…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailGene Munster, Deepwater Asset Management, joins ‘Fast Money’ to talk Apple earnings, including Apple Intelligence, global sales, and Apple services. Source link
CNBC’s Jim Cramer on Thursday said Wall Street doesn’t focus enough on impressive leaders in the enterprise, and suggested that new CEOs can change a company’s valuation in spite of negative macro trends.”Not all publicly traded companies are hostages to forces beyond their control,” he said. “Sometimes when you bring in a great new CEO…they can turn around the whole business, giving their investors spectacular gains.”Cramer acknowledged that right now, the market is honed in on the tech sector. Nonetheless, it’s worthwhile to consider how CEOs outside of tech have been able to pull off turnarounds some doubted were possible,…
Nurphoto | Nurphoto | Getty ImagesMeta is testing a long-awaited pause feature on Instagram Reels that will allow users to start and stop videos with just one tap.The new feature is the latest sign that Meta is looking to capitalize on TikTok’s uncertain future in the U.S. after it briefly went dark earlier this month. The popular short-form video app, which is owned by the Chinese company ByteDance, could be banned for good on April 5 and is still unavailable on the Apple and Google app stores.The pause feature is currently available to a small group of users around the…
Tesla urgently needs to meet two key targets to justify its valuation or investors should sell the stock, the company’s former board member Steve Westly told CNBC on Thursday. Westly, founder of venture fund The Westly Group, said Tesla’s fourth-quarter results published Wednesday were a “lackluster end to a challenging year.” Tesla reported a 2% increase in year-on-year revenue to $25.71 billion over the period, below the $27.26 billion expected in an LSEG poll of analysts. Automotive revenue dropped 8% to $19.8 billion in the fourth quarter, of which $692 million came from regulatory credits, while overall operating income slid 23% year-on-year…
CNBC’s Megan Cassella joins ‘Fast Money’ with breaking news on President Trump’s tariff plans. Source link
Traders work at the New York Stock Exchange on Jan. 30, 2025. NYSEStock futures edged higher Thursday night as investors analyzed earnings reports from Apple and other well-known companies ahead of the release of a closely followed inflation report.Futures tied to the S&P 500 ticked higher by 0.1%, while Nasdaq 100 futures gained 0.3%. Dow Jones Industrial Average futures added 42 points, or 0.1%.Investors honed in on Apple, whose shares rose nearly 3% in extended trading after the company exceeded expectations of analysts polled by LSEG on both lines for its fiscal first quarter. While Apple reported disappointing sales tied to…
When Apple reported its December quarter earnings on Thursday, it revealed that China sales had dropped 11.1% on an annual basis.It was the worst quarter by growth rate since the December quarter a year ago, and marks the sixth straight quarter of declines in Apple’s third-largest region by revenue.Ahead of Apple earnings, analysts had been fretting about exactly this issue. They cited supply chain checks in the country suggesting weak demand and an overall impression that the Chinese consumer was starting to favor locally made devices from companies such as Huawei and Xiaomi over the iPhone.China is “the most competitive…
