The best stock in the Cheddar 50 index this year? Digital payments company Square. Meanwhile, Pandora leads the list of losers.
And Apple shares sinking Tuesday after analysts cut their forecasts for iPhone X shipments in the first quarter. Plus retailers see their best holiday shopping season in years.
Plus we break down the top downloaded apps and video games this holiday season - what this data says about what gadgets people found under their Christmas trees this weekend.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!
