Markets

Apple Posted Another Great Quarter. The Next One Might Not Be As Good.

Apple Posted Another Great Quarter. The Next One Might Not Be As Good.

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Text size Apple reported better-than-expected earnings on Thursday, despite a tough comparison from a year ago. Michael M. Santiago/Getty Images Apple managed to deliver another impressive earnings report. For the March quarter, the company beat expectations nearly across the board, with big beats for its iPhone, Mac, and iPad businesses. As expected, Apple (ticker: AAPL) …

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China's Beijing city loosens robotaxi rules for Baidu Apollo Go, Pony.ai

China’s Beijing city loosens robotaxi rules for Baidu Apollo Go, Pony.ai

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Chinese tech companies Baidu’s Apollo Go and Pony.ai announced Thursday they received permission from Beijing city authorities to remove the safety driver for part of their robotaxi business in a suburban part of the city. Vcg | Visual China Group | Getty Images BEIJING — China’s capital city has moved one step closer toward letting …

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Judge knocks down Elon Musk's bid to end SEC consent decree

Judge knocks down Elon Musk’s bid to end SEC consent decree

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Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Ali Song | Reuters A federal judge has knocked down Tesla CEO Elon Musk’s bid to terminate a settlement agreement that he struck with the Securities and Exchange Commission after the agency charged him with securities fraud …

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Microsoft, Visa, Enphase Energy, Boeing and more

Microsoft, Visa, Enphase Energy, Boeing and more

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Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines in midday trading. Enphase Energy — Shares jumped more than 8% after Enphase topped earnings expectations on the top and bottom lines. The energy company reported record revenues, and said it’s setting its sights …

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Central bank tries to slow weakening yuan vs US dollar

Central bank tries to slow weakening yuan vs US dollar

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The Chinese yuan has weakened sharply against the US dollar in the last several weeks as the greenback strengthens and investors worry about China’s economic growth. Fotoholica Press | light rocket | Getty Images BEIJING — The Chinese yuan strengthened slightly against the US dollar on Wednesday, reversing a sharp weakening trend after the People’s …

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Charts suggest near-term market bread may be over

Charts suggest near-term market bread may be over

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CNBC’s Jim Cramer said Tuesday that the market will likely move sideways instead of experiencing a monster rally when it recovers, leaning on analysis from DeCarley Trading market strategist Carley Garner. “The charts, as interpreted by Carley Garner, suggest that the near-term pain might soon be over, but you can’t expect us to go back …

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