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Oct 25 (Reuters) - Apple Inc (AAPL.O) said on Tuesday it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonize operations related to the production of iPhones and other products. Apple had previously asked suppliers to commit to 100% renewable energy for Apple's production. Apple has been carbon neutral for its global corporate operations since 2020. Apple said the European investments are part of a strategy to address about 22% of its carbon footprint coming from the electricity customers use to charge their devices. In total, the planned investments will add 3,000 gigawatt hours per year of new renewable energy on the grid, Apple said.

☆ Apple glass supplier Corning warns smartphone sales down 14%
▼ + stars: | 2022-10-25 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

For Gorilla Glass, Corning narrows down the number of compositions to a few dozen, does more melting, then picks two or three candidates to test. Corning stock fell over 4% on Tuesday morning after the company reported a weaker-than-expected outlook for the current quarter, blaming slow smartphone glass sales. Corning makes a variety of different components and supplies many of the top electronics companies, like Samsung and Apple, which reports earnings this week amid concern over slowing consumer electronics sales. But there is optimism that slowing electronics sales won't hurt the high-end of the market as much as less expensive devices. In the quarter ending in September, Corning saw smartphone unit sales decline 14% on an annual basis, and tablet and notebook demand fall 17%, Corning CEO Wendell Weeks said on an earnings call.

☆ Reactions to earnings reports tell investors a lot of bad news is already priced into the market
▼ + stars: | 2022-10-25 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Several companies have reported earnings below expectations or are providing weak guidance. JetBlue reported earnings lower than expected, but sales were in-line. General Electric was trading up premarket Tuesday, even though earnings were short of forecasts and it cut its full year outlook. Corning was in-line but provided weak guidance. The homebuilder posted earnings and revenues below expectations, yet the numbers were still strong: revenues up 13%, earnings up 44%.

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☆ Stocks could continue to break higher as Apple, big tech report earnings in week ahead
▼ + stars: | 2022-10-21 | by ( Patti Domm | In | ) www.cnbc.com time to read: +9 min

The three major averages closed higher Friday, with the S & P 500 adding 2.37% to close at 3,752.75. Stovall said the S & P 500 had six positive moves of 1% or more in the last 17 trading days, as of Friday. Earnings, earnings, earnings About 150 S & P 500 companies report earnings in the coming week. Technically speaking Scott Redler, partner with T3Live.com, said he is watching a formation in the S & P 500 that could be positive. His first target for the S & P 500 is 3,800.

☆ Here are Tuesday's biggest analyst calls of the day: Tesla, Amazon, Alphabet, Carvana, Target & more
▼ + stars: | 2022-10-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Wedbush downgrades Carvana to neutral from buy Wedbush said in its downgrade of Carvana that it sees severe cash burn and deteriorating market conditions. Jefferies upgrades Target to buy from hold After a change in analyst coverage, Jefferies upgraded the big box retailer and said it sees "margin improvement." Goldman Sachs reiterates Chipotle as buy Goldman said the stock is too compelling to ignore heading into earnings next week. " Deutsche Bank reiterates Microsoft as buy Deutsche Bank said Microsoft is still the "best house on the block" heading into earnings next week. " Barclays reiterates Amazon as overweight Barclays sad investors should buy the stock ahead of earnings later this month.

☆ Evercore ISI sees some potential winners as earnings forecasts expected to plunge
▼ + stars: | 2022-10-10 | by ( Patti Domm | In | ) www.cnbc.com time to read: +1 min

Evercore ISI analysts expect earnings estimates to plunge, but they do see some winners emerging during earnings season in a bifurcated market. For the third quarter, Evercore ISI expects S & P 500 earnings to grow at a 4.1% pace and beat estimates by a modest 1.2%. The stocks also have seen positive 2023 earnings revisions and high short interest relative to the past year. Apple, for instance, is up 7.7% since the June low and its 2023 earnings have been revised down 23.8%. Evercore ISI also looked at stocks that could underperform this earnings season.

☆ Samsung just announced two new phones that fold in half
▼ + stars: | 2022-08-10 | by ( Sofia Pitt | ) www.cnbc.com time to read: +5 min

In this article AAPLSamsung Galaxy Z Fold 4 SamsungSamsung on Wednesday announced its newest foldable phones, the Galaxy Z Flip 4 and Galaxy Z Fold 4. The $999.99 Galaxy Z Flip 4 and the $1,799.99 Galaxy Z Fold 4 look very similar to last year's Flip 3 and Fold 3. Here's what you need to know about Samsung's new phones:Galaxy Z Flip 4Samsung Galaxy Z Flip 4 SamsungSamsung's Galaxy Z Flip 3 is currently the most popular foldable phone in the world, so the company has big hopes for the Flip 4. Galaxy Z Fold 4Samsung Galaxy Z Fold 4 SamsungThe Galaxy Z Fold 4 is the first device to ship with Android 12L, a special version of Android created by Google for large-screen devices. Galaxy Watch 5 and Galaxy Watch 5 ProSamsung Galaxy Watch 5 SamsungSamsung also announced new smartwatches, the $279.99 Galaxy Watch 5, the $449.99 Galaxy Watch 5 Pro and the $329.99 Galaxy Watch 5 Golf Edition.

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