U.S. stocks opened mostly lower Tuesday, the first trading day of the holiday-shortened week. Apple shares fell more than 2 percent in the open following a report from Taiwan’s Economic Daily, citing unidentified sources, that Apple will cut its sales forecast for the iPhone X by 40 percent in the quarter to 30 million units. […]
Read moreU.S. stock index futures pointed to a lower open Tuesday as shares of Apple dropped in premarket trading. The iPhone maker’s stock fell more than 2.5 percent in premarket trading following a report from Taiwan’s Economic Daily, citing unidentified sources, that Apple will slash its sales forecast for the iPhone X by 40 percent in […]
Read moreFarr, Miller & Washington is a “buy-to-hold” investment manager, which means we make each investment with the intent to hold the position for a period of 3-5 years. Nevertheless, in each of the past twelve Decembers I have selected and invested personally in ten of the stocks we follow with the intention of holding for […]
Read moreShares in several of Apple’s Asian suppliers fell for a second straight day on Tuesday, hurt by a report from Taiwan’s Economic Daily and some analysts saying that iPhone X demand could come in below expectations in the first quarter. Apple will slash its sales forecast for the iPhone X in the quarter to 30 […]
Read moreChina exported no oil products to North Korea in November, Chinese customs data showed, apparently going above and beyond sanctions imposed earlier this year by the United Nations in a bid to limit petroleum shipments to the isolated country. Tensions have flared anew over North Korea’s ongoing nuclear and missile programs, pursued in defiance of […]
Read moreCryptocurrency entrepreneur Julian Hosp says bitcoin’s rapid rise isn’t over yet. But there’s a catch. “I think we’re going to see bitcoin hitting the $60,000 dollar mark, but I also think we’re going to see bitcoin hitting the $5,000 dollar mark,” said Hosp, co-founder and president of TenX, a firm that wants to make it […]
Read moreIf the cryptocurrency boom goes bust, stocks could easily be dragged into the chaos, Wells Fargo Securities says. Christopher Harvey, the firm’s head of equity strategy, is paying close attention to the unprecedented activity in what could be one of the most epic bubbles of all time. “There is a significant amount of froth in […]
Read moreWhether or not consumers are buying an Internet-enabled toy or an Amazon Echo as a gift this season, the world is becoming increasingly connected through smart devices. Even with all its virtues, that same trend could leave you prone to hackers. About 8.4 billion “Web-connected things” will be in use worldwide this year according to […]
Read moreIt happens every Christmas. You get the shiny new gadget of your dreams — and now you have to set it up. Or worse, spend your holiday setting up everyone else’s gadgets. According to a recent survey by device insurance provider Asurion, nearly a third of people don’t use their tech gifts because they don’t […]
Read moreRussian opposition leader Alexei Navalny was barred on Monday from running in next year’s presidential election after officials ruled he was ineligible to take part due to a suspended prison sentence he says was trumped up. The decision by the central election commission was widely expected as election officials had repeatedly declared Navalny would be […]
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