JPMorgan warns of a miss on iPhone revenue and slowing growth overall but maintains its overweight rating on Apple.
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JPMorgan predicts iPhone revenue to fall short when Apple reports later this week
World
Musk’s Starlink hit with outage day after rollout of T-Mobile satellite service
Jakub Porzycki | Nurphoto | Getty Images Elon Musk’s satellite internet service Starlink said it had a “network outage” on Thursday. The company said it was working on a solution. There were more than 60,000 reports of an outage on Downdetector, a site that logs issues. Starlink is owned and operated by SpaceX, which is […]
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Honeywell’s post-earnings drop was disrespectful. Here’s where we stand on the stock
An unwarranted post-earnings decline in Honeywell shares on Thursday presented a buying opportunity for new investors ahead of the conglomerate’s breakup into three publicly traded companies. Revenue in the second quarter ended June 30 rose 8.1% year over year to $10.35 billion, topping expectations of $10.07 billion, according to market data service LSEG. Organic sales […]
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CNBC’s Inside India newsletter: Leaving, but not letting go — India’s wealthy move abroad, but stay invested
Udaipur city Navalarp Teratanatorn | 500px | Getty Images Hello, this is Amala Balakrishner, writing from Singapore. This week, I look at migration trends among India’s wealthy and uncover what is pushing them out, and keeping them rooted in India. This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful […]
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