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Stocks making the biggest moves midday: Apple, CarMax, Coinbase, Peloton and more

Stocks making the biggest moves midday: Apple, CarMax, Coinbase, Peloton and more

[ad_1] An employee arranges Apple iPhones as customer shop at an Apple store.Mike Segar | ReutersCheck out the companies making headlines in midday trading.Apple — The big technology stock shed 5% following a rare downgrade by Bank of America. The bank downgraded shares of the iPhone maker to neutral and

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Stocks making the biggest moves premarket: Apple, CarMax, Bed Bath & Beyond and more

Stocks making the biggest moves premarket: Apple, CarMax, Bed Bath & Beyond and more

[ad_1] Check out the companies making headlines before the bell:Apple (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said Apple has held up relatively well in a down market, but it expects a negative impact on the company from weakening

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Stocks making the biggest moves midday: Apple, Netflix, Biogen, Canopy Growth and more

Stocks making the biggest moves midday: Apple, Netflix, Biogen, Canopy Growth and more

[ad_1] A Biogen facility in Cambridge, Massachusetts.Brian Snyder | ReutersCheck out the companies making headlines in midday trading.Apple — Apple shares fell 3.4% on Wednesday following a report that the company is ditching plans to boost new iPhone production. Instead of aiming to increase output by 6 million units in

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From Estee Lauder to Apple, big companies say China’s Covid restrictions are hitting business

From Estee Lauder to Apple, big companies say China’s Covid restrictions are hitting business

[ad_1] Factories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site. Pictured here is an auto parts manufacturer in Suzhou that has had 478 employees on site since April 16.CFOTO | Future Publishing | Getty ImagesBEIJING — Several international corporations warned in the last week

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Buffett bought more Apple last quarter and says he would have added more if the stock didn’t rebound

Buffett bought more Apple last quarter and says he would have added more if the stock didn’t rebound

[ad_1] Warren Buffett and Charlie Munger at Berkshire Hathaway shareholder meeting, April 30, 2022.CNBCWarren Buffett bought the dip in his No. 1 stock Apple during the tech giant's sell-off in the first quarter.Berkshire Hathaway's Chairman and CEO told CNBC's Becky Quick that he scooped up $600 million worth of Apple

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Stocks making the biggest moves premarket: Robinhood, Amazon, Apple, Roku and more

Stocks making the biggest moves premarket: Robinhood, Amazon, Apple, Roku and more

[ad_1] Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021.Brendan McDermid | ReutersCheck out the companies making headlines in premarket trading Friday.Apple — Apple's stock price

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Stocks making the biggest moves after hours: Amazon, Apple, Robinhood and more

Stocks making the biggest moves after hours: Amazon, Apple, Robinhood and more

[ad_1] An Amazon truck is seen entering the LDJ5 Amazon Sort Center on April 25, 2022 in New York City.Michael M. Santiago | Getty ImagesCheck out the companies making headlines in extended trading.Amazon — Shares of the e-commerce giant tumbled by 10% after hours, after the company reported first-quarter results

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Bank stocks, once a Buffett favorite, take a back seat at Berkshire Hathaway amid recession worries

Bank stocks, once a Buffett favorite, take a back seat at Berkshire Hathaway amid recession worries

[ad_1] Warren Buffett, Chairman and CEO of Berkshire Hathaway.David A. Grogan | CNBCWarren Buffett has begun to unleash Berkshire Hathaway's massive cash stockpile in recent weeks, snapping up an insurer and multi-billion dollar stakes in energy and computer corporations.But his recent moves are more notable for what he has avoided

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Huawei’s first quarter revenue tumbles by nearly 14% as smartphone sales plunge

Huawei’s first quarter revenue tumbles by nearly 14% as smartphone sales plunge

[ad_1] Huawei's smartphone business has struggled under U.S. sanctions that restrict it from buying chips and other components from key suppliers.Costfoto | Future Publishing | Getty ImagesBEIJING — Chinese telecommunications giant Huawei announced Thursday that first quarter revenue fell by nearly 14% from a year ago, while its profit margin

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China’s Covid policy locks down a city three times the size of New York

China’s Covid policy locks down a city three times the size of New York

[ad_1] The Huangpu River splits the Chinese city of Shanghai between the older settlement on the west and the newer, financial center on the east.Johannes Eisele | Afp | Getty ImagesChina's latest wave of Covid restrictions has forced millions of people — roughly three times as many as live in

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