November 2nd, 2018

Apple loses $1 trillion status after soft holiday forecast

(Reuters) – Shares in Apple Inc (AAPL.O) fell 6 percent on Friday, cutting its market value back to less than $1 trillion after it forecast softer-than-expected sales for the holiday quarter and fueled nerves over iPhone [...]

Alibaba quarterly revenue falls short of estimates

(Reuters) – China’s Alibaba Group Holding Ltd (BABA.N) reported lower-than-expected quarterly revenue on Friday, another sign of slowing momentum for China’s giant e-commerce platforms and its economy. Alibaba’s stock has fallen more than 12 percent this [...]