Opinion: Apple offers breadcrumbs for a forecast, but is that enough to reassure Wall Street?
Apple Inc.’s breadcrumbs lead back to a familiar place: The iPhone is all that matters. After posting its largest revenue decline in more than six years — led by underwhelming iPhone sales — in its fiscal first-quarter earnings report Thursday, Apple once again refused to provide a traditional forecast for the coming quarter or year. […]
What CEOs Are Saying: ‘The Consumer Is Under Pressure’: WSJ
Here’s what leaders from Nasdaq, Microsoft, Tesla and elsewhere said about the economy, inflation and other topics this week. Source link
US equity futures slide ahead of the open. Intel plunges
I expect worries about the Federal Reserve to start to weigh on sentiment in the run up to the FOMC and we might be seeing the start of that now. S&P 500 futures are down 16 points, or 0.4%. Shares of Intel are the big loser, down 9.4% on poor earnings and guidance. On the […]
Intel disappoints as PCE meets consensus
Here is what you need to know on Friday, January 27: Intel (INTC) disappointed investors in a big way last night after the close and is slated to open down 10% this morning. That has knocked bulls who were getting excited after GDP data and Tesla (TSLA) earnings. Next up we got the Federal Reserve’s […]