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Tech stocks are getting demolished as China’s trade-war retaliation sends indexes tumbling

China's central bank allowed the yuan to slip below 7 versus the US dollar, the lowest level since the 2008 financial crisis.

Tech stocks led by Apple are surging after Trump’s trade-war ceasefire

Apple, which has a massive supply chain in China, was a big winner of the US-China trade truce, along with semiconductor stocks.
Twitter shares.

One of Wall Street’s biggest banks just revealed a massive stake in Twitter — and the company’s stock is soaring

Morgan Stanley said in a filing on Wednesday that it had a 5.6% stake in Twitter, boosting shares of the social media company.
Apple CEO Tim Cook on CNBC after announcing its first sales warning in 17 years.

BANK OF AMERICA: Wall Street is dead wrong on one of its major Apple forecasts

Wall Street analysts are too pessimistic on the extent to which hardware sales will decline through 2021, Bank of America research analysts wrote.
Apple CEO Tim Cook.

Apple’s ‘bad news’ wasn’t as bad as expected. Here’s what Wall Street is saying about the iPhone giant’s earnings....

Apple's fiscal first-quarter earnings and revenue both came in barely above analysts' estimates, and essentially in line with its preannouncement.
Reed Hastings, CEO of Netflix

Goldman Sachs says Netflix is one of the best bets in the Internet space, and that its cash burn is just starting to pay off

Netflix jumped Friday after Goldman Sachs added the company to its Conviction List and called it one of the best bets in the Internet sector.
Apple's warning sent global markets tumbling, led by tech stocks.

Apple plunges $64 billion, dragging global stocks after shock sales warning

Apple's warning about a China slowdown is dragging global stock markets. A slump of the so-called FAANG group is sending Nasdaq futures 1.8% lower.
CEO Tim Cook attends China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse on March 24, 2018 in Beijing, China.

Apple just issued a warning on iPhone sales, but Google Trends saw problems years ago

Apple just slashed its quarterly revenue guidance and issued a warning on iPhone demand. Google Trends data showed interest was waning years ago.
Taylor Swift's Netflix special.

‘Bird Box,’ ‘Black Mirror,’ and Taylor Swift may not be enough to give Netflix a strong 4th-quarter finish, analyst says

Netflix's subscriber growth in the fourth-quarter is likely to come in below expectations, according to analysts at SunTrust.
People line up to be the first to buy an iPhone at Apple's flagship store on Fifth Avenue on June 29, 2007 in New York City. Hype for the iPhone, which costs $499 or $599, has driven demand into overdrive as it was released at 6:00 p.m. today nationwide.

Apple is losing the interest of some big-money investors, RBC says

Apple is no longer a common overweight holding in Russell 1000 value benchmark funds, according to a new report from RBC Capital Markets.