Economy

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…

NRF Released its 2017 Economic Forecast for Retail
February 9, 2017 at 12:53 pm

NRF said it is projecting that retail industry sales in 2017 (excluding the auto, gas, and restaurant industries) will grow in the ballpark of 3.7 to 4.2 percent over 2016 totals.

GoPro Continues to Struggle, Misses Earnings in Q4
February 3, 2017 at 2:52 pm

Barely two months ago, I threw the idea out there that action cam maker GoPro has possibly peaked as a company. That notion was based on the fact that the company has seen its stock price nosedive in the last year and a half. Since reaching nearly $87 per share in July 2015, GoPro rested…