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Apple booked $13 billion in revenue from China last quarter, down 27% from a year agoApple reported revenue from China in its first quarter 2019 earnings report Tuesday. NicolaySteensen Thanks, POTUS Huge drop!
Source: CNBC - 🏆 12. / 72 Read more »
US stocks set to open lower amid renewed US-China tensions; Apple to report earningsU.S. stock index futures pointed to a lower open on Tuesday morning as investors monitored global trade developments and looked ahead to earnings releases from companies like Apple. Totally foreseeable and unavoidable.
Source: CNBC - 🏆 12. / 72 Read more »
Only China can save earnings for Wall Street (and the world): Bank of AmericaOur call of the day comes at the end of a short, and not sweet, week for stocks as growth worries and shutdown woes linger. China is the only thing that can save a global earnings recession, says Bank of America.
Source: MarketWatch - 🏆 3. / 97 Read more »
Two major companies on Monday — Caterpillar and Nvidia — blamed China for poor earningsCaterpillar said that demand for its equipment in China declined in the fourth quarter, a bad omen for the global economy. So when do these people blame themselves? To trade or not to trade. That's what happens when you cut off the free welfare money. The U.S. will not subsidize Chinese growth anymore.🇺🇸
Source: CNBC - 🏆 12. / 72 Read more »
Stock futures tumble on Apple's China warning ahead of earnings seasonU.S. stock index futures fell sharply on Thursday after Apple Inc stunned invest... Tariffs = Winning!!!! And they will get worse. Convert to cash now. Another trump mess
Source: Reuters - 🏆 2. / 97 Read more »
Other U.S. companies will take hit to earnings because of China slowdown, White House economist predictsIt’s just a glitch 😂 💵🔥💵🔥💵🔥 $GM or ford - Intel, AMD, Nvidia - Automakers like Ford - Canada Goose - Retailers like Target, Lulu, and Nike - Boeing - Luxury Brands can also take a hit, noting Chinese shoppers expected to account for 45% of luxury market over next 5 years (Estee Lauder, LVMH, Kering SA, Prada, etc.)
Source: MarketWatch - 🏆 3. / 97 Read more »
China will be the theme of this quarter's earnings seasonCNN News, delivered. Select from our newsletters below and enter your email to subscribe. yeap and Apple has everything off to a good start 🤣😂👍 Globalism
Source: CNN - 🏆 4. / 95 Read more »