Apple ( (AAPL) ) says it was caught off guard by demand for the iPhone 7. The tech giant says the holiday quarter, which we are in now, will show the full impact of iPhone 7 sales. Still, Apple shares are under pressure as it reported the first annual revenue decline in 15 years. Services, like the app store, Apple Music, and Apple Pay was the only product segment going up. Chipotle Mexican Grill ( (CMG) ) is still struggling to win back customers after a food borne illness scare last year. It's profit fell 95% and same store sales were down 22%, worse than expected. Chipotle is also not moving forward with its 'Shophouse' restaurant concept, which focused on Thai cuisine. Panera Bread ( (PNRA) ) though topped Wall Street estimates and raised its full year guidance. Recent steps at Panera including its digital platform and healthier menu have helped boost sales.
More from Video
Amid the Selling, Here's the Big Question Now
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
One Tweet Pulls the Rug Out From Under the Indexes
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
A Technical Look at the New Dow Jones Industrial Average
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.