Tech stocks had a strong 2017, but a couple ended out on a bit of a down note. We take a look at what might be in store for some of the biggest names in the industry.
Apple shares were up 47 percent, but closed out with a mea culpa over its batteries and predictions that iPhone X sales may not be as strong as expected.
Meanwhile Samsung is catching up in terms of profit and revenues. We watch for what the South Korean electronics giant expects for the fourth quarter.
Facebook also had a strong year, despite concerns over fake news and EU regulations. Snap shares hope to turn around after a disappointing market debut. And will Tesla make its production goals? We break down the outlook.
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
DJ X, alongside Molly Holder, Senior Director of Product Personalization, takes us inside Spotify's A.I. DJ and how it's the best new way to listen to music.
Sheryl Palmer, CEO of Taylor Morrison, talks tariff uncertainty, being a female leader in a male dominated industry and what homebuyers need to know. Watch!
