Liberty Media’s Malone says he tried to buy Netflix when it was $8 a share

Netflix logo Mario Tama | Getty Images News | Getty Images John Malone, considered one of the smartest media investors ever, told CNBC that he saw the importance of video streaming in the evolving television ecosystem, even in its early days. In an interview that aired Thursday, billionaire Liberty Media cited attempts to buy DirecTV … Read more

Apple’s privacy changes show the power it holds over other industries

Tim Cook, CEO of Apple Inc. , during the Apple Worldwide Developers Conference (WWDC) in San Jose, California, US, on Monday, June 4, 2018. David Paul Morris | Bloomberg | Getty Images The impact of Apple’s privacy change in April is starting to show on other companies’ balance sheets, and it shows the tremendous power … Read more

In one of the most volatile markets in decades, active fund managers underperformed again

The paintings of former hedge fund manager Nelson Sayers visually represent the volatile trading algorithms he used on Wall Street. This is titled, “VIX Over 40.” VIX Volatility Index reading above 40 historically precedes massive market losses Source: Nelson Cyrus If ever there was a year in which active management was supposed to have outperformed … Read more

Microsoft passes Apple to become the world’s most valuable company

Microsoft surpassed Apple’s market value on Friday, making it the most valuable publicly traded company in the world, after Apple missed earnings forecasts on Thursday. As of 10:30 AM ET, Microsoft’s market cap was $2.45 trillion while Apple’s was around $2.41 trillion. Apple reported lower revenue than Wall Street expected during the company’s fourth quarter … Read more

Apple’s supply issues are temporary, so buy the dip, JPMorgan says

The logo and store of the American multinational technology company Apple in Ginza. SOPA photos | Light Rocket | Getty Images Apple’s quarterly revenue missed Wall Street estimates, but JPMorgan said it would buy the stock because the tech company’s supply chain problems are temporary. .

Earnings results so far show companies are effectively navigating supply issues and rising costs

In the middle of the third-quarter earnings season, there are two main catalysts: Demand is strong. Cost inflation and supply chain issues are the main headwinds, but companies are learning how to navigate them. In some cases, supply chain disruption has caused huge losses. Apple CEO Tim Cook said supply chain problems have cost the … Read more

Jim Cramer reacts to Apple and Amazon’s rough earnings reports

CNBC’s Jim Cramer on Thursday responded to disappointing quarterly results from Apple and Amazon, suggesting that the problems companies face do not change the long-term investment thesis. Shares of Apple and Amazon both fell more than 3% in after-hours trading as investors digested the quarterly numbers. Apple’s stock earnings were in line with Wall Street … Read more

Zuckerberg says other tech firms stifle innovation with high fees

Mark Zuckerberg, Chairman and CEO of Facebook, arrives to testify before the House Financial Services Committee on “Facebook’s Examination and Its Impact on the Financial Services and Housing Sectors” at Rayburn House office building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook founder Mark Zuckerberg accused other tech … Read more

MacBook Pro expected to get Apple chip

2020 MacBook Air with M1 Chip Todd Haselton | CNBC Apple is holding a launch event on Monday to announce new products, likely to include the redesigned MacBook Pro. Apple has a chance to drive continued momentum into its Macs ahead of the holiday shopping season, especially as more PCs running on its own chips … Read more