Last week, Apple warned that it would miss its $63 billion to $67 billion estimate for March quarter revenue due to the Coronavirus and efforts to mitigate its effect.
In addition to beating analysts' expectations, HP reiterated its opposition to Xerox's efforts to buy the company, which is four times larger than Xerox.
As coronavirus fears hit financial markets, U.S. bond yields are tanking, pushing mortgage rates that loosely follow the 10-year Treasury yield toward an eight-year low. They could sink even lower.
Economist Nouriel Roubini pointed to a number of destabilizing issues. They include: geopolitical tumult across at least four fronts, a potentially chaotic presidential election, reignited trade tensions with China, potentially catastrophic damage from climate change and the growing potential of cyberwarfare.
Democratic front-runner Bernie Sanders came under fire Monday from his rivals over his recent partial defense of Cuban revolutionary and communist dictator Fidel Castro.
A recent spike in coronavirus infections has shaken governments and markets around the world. The White House could send its spending proposal to Congress as soon as this week.
WHO said a team of its scientists found that the epidemic in China peaked and plateaued between Jan. 23 and Feb. 2 and and has been declining steadily since then.
Mike Bloomberg's presidential campaign plans to unleash its cash-flush media operation against Bernie Sanders in the wake of the Vermont senator's resounding victory in the Nevada caucuses.
Apple is planning to release a Mac computer with an Apple-designed processor in the first half of 2021, TF Securities analyst Ming-Chi Kuo said in a note on Monday.
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