Economy

U.S. tech stocks shaken, but market not stirred
June 16, 2017 at 8:35 am

The five largest U.S. technology companies may have lost enough market capitalization over the past week to buy plane maker Boeing, but the benchmark S&P 500 stock index .SPX has managed to remain within a stone's throw of its record high. Apple <AAPL.O., Alphabet (GOOGL.O), Microsoft (MSFT.O), Amazon (AMZN.O) and Facebook (FB.O), the five largest…

Early analyst reactions suggest AAPL optimism despite missed expectations & weakish guidance
May 3, 2017 at 8:33 am

AAPL stock may have taken a hit in pre-trading following missed Q2 expectations and relatively weak guidance for Q3, but early reactions suggests that analysts remain largely optimistic. Analysts did note that continued declining revenues in China was cause for concern, but this was offset by strong and growing services revenue, increased capital returns, and…

Everyone’s expecting a boring, normal earnings report from Apple
May 2, 2017 at 8:18 am

Now that Apple isn’t growing very much anymore — but isn’t really shrinking anymore, either — investors are getting used to steady, usual, somewhat boring earnings reports from the company. Especially in quarters, like the one Apple will report today, that don’t include a new iPhone launch or the Christmas shopping season. Investors will be…

Technology is killing jobs, and only technology can save them
March 27, 2017 at 10:57 am

In the recent presidential election, automation and robotics got a slight reprieve from the accusations that it has been the key driver in job losses in the United States. During the campaign, the conversation shifted, thanks largely to then-candidate Trump’s masterful scapegoating of Mexico and China, while calling out trade deals like NAFTA and the…