A Chinese flag is seen in front of containers at the Yangshan Deep-Water Port, an automated cargo wharf, in Shanghai on April 9, 2018. Johannes Eisele | AFP | Getty Images Even though China’s domestic media is rallying the country’s population with messages of standing firm against American “bullying,” Chinese government-aligned experts are stressing to

Slowing iPhone demand, trade war headwinds and possible ripple effects from a Huawei battle don’t bode well for Apple, according to a UBS analyst. The Swiss bank cut its 12-month price target on the iPhone maker to $225 — down from a previous $235. Apple closed at $186 Thursday. UBS still has a “buy” rating

WealthSimple CEO Michael Katchen poses for a photograph inside his former offices at 372 Richmond Street in downtown Toronto on September 18, 2015. Brian B. Bettencourt | Toronto Star | Getty Images Online investment management platform Wealthsimple said Wednesday that it raised 100 million Canadian dollars ($75 million) in a fresh round of funding. The

It’s not fast and may be years from visiting your neighborhood, but a walking robot is part of Ford’s vision for how its autonomous vehicles deliver packages and goods in the future. The robot known as Digit, designed and built by Agility Robotics, walks upright on two legs, goes up and down stairs and can

President Donald Trump waves during joint statements with China’s President Xi Jinping at the Great Hall of the People in Beijing, China, November 9, 2017. Thomas Peter | Reuters U.S. President Donald Trump’s latest tariff increase — and Beijing’s plans to counter them — are hitting U.S. companies in China. Nearly three-fourths, or 74.9%, of almost

A customer pushes a shopping cart inside a J.C. Penney Co. store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines midday Tuesday: Micron, Qualcomm, Broadcom – Chip stocks staged a comeback after the U.S. granted a 90-day license for mobile phone companies and internet providers to work

You know there’s an underlying problem when investment firms start to cut exposure to a particular asset class. Goldman Sachs’ decision last week to slash exposure to emerging markets is an indication of the current situation for these economies. The bank’s asset management arm said it had scaled back its “overweight” exposure to emerging market

Federal Reserve Chairman Jerome Powell said rising levels of corporate debt need watching but so far do not pose a threat to the financial system. The central bank chief spoke Monday at the Financial Markets Conference in Amelia Island, Florida, on assessing risks to the financial system a decade after the end of the financial

Containers are stacked on a vessel at the Port of Long Beach in Long Beach, California on July 6, 2018, including some from China Shipping, a conglomerate under the direct administration of China’s State Council. Frederic J. Brown | AFP | Getty Images More tit-for-tat tariffs in the U.S.-China trade war could set the global

President Donald Trump and his senior advisor Jared Kushner arrive for a meeting with manufacturing CEOs at the White House in Washington, DC, U.S. February 23, 2017. Kevin Lamarque | Reuters Deutsche Bank ignored employees’ calls to report transactions made by legal entities controlled by President Donald Trump and Jared Kushner to the Treasury Department’s

There are two schools of thought on 61-year-old SoftBank founder Masayoshi Son. To quote from the 1990s animated cartoon theme song for “Pinky and the Brain”: One is a genius, the other’s insane. Son is one of the world’s wealthiest men, with a net worth of more than $20 billion. He founded a Japanese wireless

Despite the new burst of market volatility, long-time bull Edward Yardeni sees a return to all-time highs this year. And, he believes U.S. multinational companies, which are directly exposed to the trade war, will ultimately help provide the market boost. “I think it moves higher partly because there’s a recognition that even companies that do

Attendees at the Viva Technology conference in Paris. It’s one of Europe’s largest tech shows. CNBC PARIS — Now in its fourth year, the Viva Technology conference has become one of the largest tech trade shows in Europe. And it’s not been short on weird and wonderful innovations and gadgets. This year’s event saw everything

A flurry of Fed speakers and any new trade developments could shake up what normally might be a slow week of trading ahead of the three-day Memorial Day holiday weekend. Stocks ended the past week with losses, as trade-related headlines caused big swings in the market. The Dow ended the week with a 0.7% loss

Packages of Beyond Meat Inc. beef crumbles are displayed for a photograph in Tiskilwa, Illinois, U.S., on Tuesday, April 23, 2019. Daniel Acker | Bloomberg | Getty Images A notable short seller is roasting newly public Beyond Meat. Andrew Left of Citron Research took to Twitter Friday afternoon, saying the hype around the plant-based meat

China’s currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it’s signaling that things aren’t going well. The question is whether that signal is intentional, and whether Chinese officials will step in to prevent the yuan from reaching a key psychological low of 7 to the dollar. That level

A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning that Pinterest makes its initial public offering on April 18, 2019. Spencer Platt | Getty Images Check out the companies making headlines midday Friday: Cray — Shares of Cray surged 19.4% after the supercomputer manufacturer announced

Conservative economics writer Stephen Moore, who has been advocating for the Federal Reserve to cut interest rates, told CNBC on Friday that he would feel vindicated if central bankers were to go down that path. “We could call that ‘Moore’s revenge'” if the Fed ends up cutting rates, said Moore, who earlier this month under

A deliveryman carrying bags of coffee walks out a Luckin Coffee in Beijing on August 2, 2018. Wang Zhao | AFP | Getty Images Chinese start-ups are growing faster than their American peers. A prime example is Luckin Coffee, the self-declared Starbucks rival in China that is set to go public in New York on

The stock market had a number of winners Thursday and many of them are names that have made slower gains than the rest of the market, CNBC’s Jim Cramer said. “In this newly rejuvenated market, it’s time to reach for the laggards and play catch-up,” the “Mad Money” host said. “The names on this list

Online fashion house Farfetch’s CEO Jose Neves and members of the company’s leadership team ring the opening bell to celebrate their IPO at the New York Stock Exchange in New York, September 21, 2018. Brendan McDermid | Reuters Check out the companies making headlines midday Thursday: Citigroup, J.P. Morgan Chase, Bank of America — Bank

PARIS — Solving the question of “digital trade” is just as crucial to trade talks between the United States and China as conversations around resolving tariffs on physical goods, IBM CEO Ginni Rometty told CNBC Thursday. “I’m hopeful that these things get resolved,” Rometty told CNBC’s Karen Tso, speaking about trade tensions between the two

Luxury fashion items sit on display beside tablet devices at the launch of the Farfetch “Store of the Future” pop-up exhibition, at the Design Museum in London, U.K., on Wednesday, April 12, 2017. Luke MacGregor | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Cisco Systems rose more

Denis Doyle | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Qualcomm dropped as much as 5% in extended trading Wednesday despite the semiconductor company’s better-than-expected second-quarter earnings. Qualcomm reported earnings per share of 77 cents on revenue of $4.98 billion. Wall Street expected earnings per share of

The CVS Health logo appears above a trading post on the floor of the New York Stock Exchange. Richard Drew | AP Check out the companies making headlines midday Wednesday: Apple — Apple surged 7% after the release of its fiscal second-quarter results. Apple reported earnings of per share of $2.46, 10 cents above a

Uber can’t be compared to Lyft because its business is spread across the world and it has more services to offer, according to Saudi Arabia’s sovereign wealth fund. The Saudi Public Investment Fund (PIF) is one of the largest shareholders in the ride-hailing giant, with a roughly 4% stake according to a regulatory filing. That

The Apple logo is seen on the window at an Apple Store on January 7, 2019 in Beijing, China. Kevin Frayer | Getty Images Check out the companies making headlines after the bell: Shares of Apple soared more than 5% in extended trading Tuesday following the release of the tech giant’s better-than-expected earnings for the

Ray Dalio, founder of investment firm Bridgewater Associates, speaking at the WEF in Davos, Switzerland on Jan. 22, 2019. Adam Galica | CNBC Ray Dalio, the founder of the biggest hedge fund in the world, was the highest-paid hedge-fund manager in the world last year. According to Institutional Investor’s annual Rich List, the Bridgewater Associates

President Donald Trump gestures as he addresses the 148th National Rifle Association (NRA) annual meeting in Indianapolis, Indiana, April 26, 2019. Lucas Jackson | Reuters U.S. President Donald Trump, three of his children and the Trump Organization sued Deutsche Bank and Capital One, in a bid to block the two from responding to congressional subpoenas,

Google’s New York City office in lower Manhattan. Spencer Platt | Getty Images Check out the companies making headlines after the bell: Shares of Alphabet tanked more than 6% in extended trading Monday following the release of the tech giant’s mixed first-quarter results. Alphabet reported earnings per share of $11.90 on revenue of $36.34 billion.