|Day Low/High||84.52 / 86.32|
|52 Wk Low/High||48.56 / 76.50|
Like Chess, we are at the point of the game where each side starts losing pieces that actually matter.
There are two sides, or more, to every market story these days, Jim Cramer says.
The ban, which is related to Apple's alleged infringement of two Qualcomm software patents, only affects a small percentage of Apple's global revenue. But its timing speaks volumes.
Shares of Apple managed to overcome the onslaught of unflattering headlines on Monday, finishing the day in the green.
Apple legal issues, Verizon labor cutbacks and Facebook buybacks are just some of the top stories on TheStreet. Here's what you're missing.
Stocks finished the day higher on Monday as gains by tech stocks offset concerns over the fate of U.S.-China trade talks, and after the U.K. delayed a parliamentary vote on Brexit.
Is this a new threat or a negotiating tactic?
Apple makes the finest consumer products in history but its stock has gotten hammered in recent months.
Apple shares turn higher Monday after falling for most of the session after a court in China granted an injunction that could limit the sale of iPhones into the world's biggest smartphone market.
Apple may have larger legal fish to fry than the much-publicized Qualcomm quarrel.
The news of the injunction is shifting shares sharply downward as has drastically changed the perceived progress of the two companies' relationship.
-- Court Orders Immediate Ban on Import, Sale and Offers for Sale of Various Apple iPhone Models in China --
As Apple reportedly develops its own processor for Macs, Qualcomm is making impressive performance and battery life claims for a new chip meant for Windows notebooks.
It's not a given that the arrest of Meng Wanzhou will unravel recent trade war progress. But if Beijing responds by punishing Huawei's U.S. rivals, some major tech firms could be in the crosshairs.
--Designed from the Ground up for the Next Generation of Computing Experiences, the Qualcomm Snapdragon 8cx is the Most Extreme Snapdragon Ever, Bringing Breakthrough Innovations to PC Design--
Let's go over the stakes here because they are high and huge and were integral to today's selloff.
The CFO of smartphone maker Huawei was taken into custody in Canada and reportedly faces extradition to U.S.
-- Qualcomm Collaborates with China Mobile Communication Group Device Co., Ltd., Xiaomi, OnePlus, OPPO, Vivo and ZTE to Showcase 5G Demo Mobile Devices at the China Mobile Global Partner Conference --
--World's First Commercial 5G Mobile Platform is Sampling to Customers Now, and Expected to Support Premium Multi-Gigabit Smartphones in the first half of 2019--
While it's unlikely that Qualcomm will resume its pursuit of NXP, the fact that Beijing now says it's open to approving the deal could yield a pickup in broader U.S. chip M&A activity.
-- Snapdragon 855 Unveiled as the First Commercial 5G Mobile Platform to Enable Commercial 5G Networks and Mobile Devices in Early 2019 --
The tech giant reportedly plans to wait until 2020 to launch 5G iPhones. That fits with its historical hardware strategy, but also spells more pressure to pack other compelling features into its 2019 iPhones.
For the month of November RMPIA climbed 1.2% month over month.
Despite putting hardliner Lighthizer in charge of talks, Trump did not raise tariffs -- so don't believe all the bear hype around trade discussions.
Jim Cramer looks at what companies are likely to benefit in the wake of President Trump's decision to hold off raising tariffs on Chinese goods.
But aside from the chatter, we don’t see the scoffing statistically.
Market sentiment has certainly improved from this weekend's events.
U.S. stocks ended higher Monday after President Trump backed down from threats to impose additional tariffs on Chinese goods for 90 days while the countries work to negotiate a resolution to ongoing trade disputes.
In July, the chipmaker said it would walk away from its purchase of NXP; now it has.
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