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Apple is finally doing something about the notorious MacBook Pro keyboard that everybody has been complaining about (AAPL)

Apple is offering free keyboard repairs to MacBook and MacBook Pro customers who have been affected by certain keyboard issues. If you already paid for those repairs, Apple is issuing refunds. Apple’s response has previously just been to offer advice for cleaning it, forcing affected customers to pay for repairs. …read more […]

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Tesla SolarCity

Elon Musk and Tesla in the news again — let’s first talk about its solar business. The Reuters report coming on the heels of Tesla’s announcement last week to cut 9% of its workforce.

Solar roof hit the mkt just over a year ago. stock selling off — another bump in road for Musk…

Just last week, CEO Elon Musk said his company would stop selling SolarCity products at sales kiosks at around 800 Home Depot Inc. stores- that retail partnership reportedly generated around half of the division’s sales.

Burning through cash — some investors don’t see a viable strategy for …read more […]

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Harley says EU duties could prompt price hikes

Harley-Davidson Inc could be forced to raise prices in Europe due to EU tariffs on U.S. goods, hitting buyers of new motorcycle models when they are shipped to dealers later in the year, the head of its central European business said. Earlier this week, the European Commission said it would start charging import duties of 25 percent on a range of U.S. products from Friday after Washington imposed tariffs on EU steel and aluminum at the start of June. Harley says it is getting hit by tariffs twice: Once by the EU import duty and once by a …read more […]

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BlackBerry signals slowing sales on subscription switch

The company forecast 8 percent to 10 percent growth for the business in 2019, compared with 20 percent in 2018, overshadowing its first-quarter revenue and profit beat. BlackBerry will no longer be selling its software and services on a licensing basis and will have to convince companies to agree to subscriptions, Chief Executive Officer John Chen said on a post-earnings call. The growth guidance is lower than what the market has been expecting, and that’s mainly due to the company having to recognize enterprise software revenue based on subscription, Morningstar analyst Ali Mogharabi said. …read more […]

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Tesla recycling machine catches fire at Fremont, California campus

The fire occurred after a cardboard baling machines that is used for recycling overheated, and was contained, Fremont Fire Department Division Chief Diane Hendry said on Friday. The Tesla spokeswoman said the production tent was not affected by the fire. Tesla has been burning through cash as it tries to hit a target of producing 5,000 Model 3 electric sedans per week after production delays. …read more […]

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Trump’s Latest Tariff Threat Sends Daimler, BMW Stock Reeling

German automotive stocks fell after U.S. President Donald Trump threatened to impose a 20 percent tariff on all European car imports into the U.S. “Based on the Tariffs and Trade Barriers long placed on the U.S. and it great companies and workers by the European Union, if these Tariffs and Barriers are not soon broken down and removed, we will be placing a 20% Tariff on all of their cars coming into the U.S. Build them here!” Trump said in a tweet on Friday. The risk is becoming more real, said Jeff Schuster, senior vice president of forecasting …read more […]

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EARNINGS: Blackberry reports surprise profit, stock volatile in early trading

Yahoo Finance’s Alexis Christoforous and Jared Blikre break down the latest market action after the company reported first quarter earnings that beat Wall Street expectations.

Here’s the performance of the components of the Nasdaq 100 Index as of 10:30 am ET:

HSIC Henry Schein Inc 2.39%
CMCSA Comcast Cl A 2.21%
HOLX Hologic Inc 2.05%
LBTYA Liberty Global plc Cl A 1.94%
DISH DISH Network Corp Cl A 1.84%
LBTYK Liberty Global plc Cl C 1.87%
VOD Vodafone Grp Plc ADS 1.42%
NTES Netease Inc Ads 1.16%
FOXA(F) Twenty-First Century Fox Inc A 1.18%
MAT Mattel, Inc 1.26%
FOX(F) Twenty-First Century Fox Inc B 1.02%
CHTR Charter Communications Inc 0.99%
DISCA(HB) Discovery Inc Ser A 1.00%
AAL American Airlines Grp inc 0.94%
CSX CSX Corp 0.89%
EXPE Expedia Grp Inc 0.87%
INTC Intel Corp 0.75%
QRTEA Qurate Retail Inc 0.85%
DISCK(HB) Discovery Inc Ser C 0.71%
TMUS T-Mobile US Inc 0.70%
PCAR PACCAR Inc 0.73%
DLTR Dollar Tree Inc 0.61%
TRIP TripAdvisor Inc When-Issued 0.56%
SBUX Starbucks Corp 0.45%
VIAB Viacom Inc Cl ‘B’ 0.53%
ORLY O’Reilly Automotive, …read more […]