Financial News

Read all the latest financial news from around the world and stay up-to-date with the latest economic events affecting the markets with City Index.

Apple losing its shine?

October 25, 2016 10:39 pm by

Apple announced its fourth fiscal quarter financial results after the bell on Tuesday, despite a positive knee jerk reaction, shares in after-hours trading soon tumbled […]

Apple may steal spotlight in ‘Big Tech’ earnings week

October 24, 2016 5:46 pm by

Apple shares have recouped fairly steadily since finding a floor in July some 30% lower than April 2015 all-time highs. The likeliest reason for this is the gradual rebasing of investor expectations as the market reconciled itself to the group selling ‘just’ 40-50 million iPhones a quarter after sales of its flagship product failed to grow for the first time ever in its April quarter.

Netflix needs more streaming addicts

October 17, 2016 6:00 pm by

When there’s more than one cartel in town, things can get messy. That’s a lesson to be learned by viewers of ‘Narcos’, one of Netflix’s latest in-house productions.


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