Paul R. La Monica, CNN Money, Author at newswatchplus.ph

Will $1,000 iPhone = $1 trillion value for Apple?

Paul R. La Monica, CNN Money — Tue, 12 Sep 2017 05:00:22 +0000

(File photo)

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Samsung’s pain is Apple’s gain

Paul R. La Monica, CNN Money — Wed, 12 Oct 2016 00:35:48 +0000

(File photo)

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Should investors worry about North Korea?

Paul R. La Monica, CNN Money — Thu, 07 Jan 2016 20:01:39 +0000

(File photo) North Korea stages a massive military parade for 70th anniversary of the ruling Workers’ Party across Pyongyang’s Kim Il Sung Square.

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Not everything is down. Gold rises on global fear

Paul R. La Monica, CNN Money — Tue, 05 Jan 2016 07:46:23 +0000

New York (CNN Money) — It’s not a happy new year for investors… unless you’re a gold bug. Gold was one of the few things that was up on Monday while stock markets around the world tanked due to renewed worries about an economic slowdown in China and more tension in the Middle East. The

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Twitter just hired Google’s $130 million man

Paul R. La Monica, CNN Money — Thu, 15 Oct 2015 05:25:39 +0000

New York (CNN) — Twitter just hired Omid Kordestani, formerly the chief business officer at Google, to be its new executive chairman. The move comes as Twitter looks to refocus and keep expenses down. New permanent CEO Jack Dorsey just announced Twitter was laying off 8 percent of its staff on Tuesday (October 13). But

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The U.S. stock market bull may be not be dead yet

Paul R. La Monica, CNN Money — Wed, 30 Sep 2015 10:42:55 +0000

(File photo) The famous charging bull sculpture in Bowling Green Park, New York City.

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Fear is back! Gold glitters as stocks tank

Paul R. La Monica, CNN Money — Fri, 25 Sep 2015 06:52:01 +0000

New York (CNNMoney) — Investors are afraid. Very afraid. How can you tell? Just look at gold. Stocks were tumbling for a third straight day Thursday (September 24), in large part due to bad news from Caterpillar. Most of the 30 Dow stocks were lower and just a handful of companies in the S&P 500

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Bulls on parade: Stocks bounce back … for good?

Paul R. La Monica, CNN Money — Wed, 09 Sep 2015 05:45:46 +0000

New York (CNNMoney) — Is the worst finally over for stocks after a dismal August and rocky start to September? The Dow Jones Industrial Average closed up 390 points, or 2.4%, Tuesday after a big drop Friday (September 4) following the jobs report. Maybe investors are relieved that it’s a holiday-shortened week of trading. Or

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Uh-oh! Dow falls 400 points on more China fears

Paul R. La Monica, CNN Money — Wed, 02 Sep 2015 03:08:31 +0000

New York (CNNMoney) — Here we go again. Stocks took another nosedive Tuesday (September 1) following more fears about a slowdown in China’s economy. The Dow Jones Industrial Average dropped more than 400 points, or 2.6%, and is 12% below the all-time high it set in May. The S&P 500 fell 2.7% and is once

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Awful August: Worst month for Dow in 5 years

Paul R. La Monica, CNN Money — Tue, 01 Sep 2015 12:54:54 +0000

New York (CNNMoney) — Good riddance, August! Stocks slid again Monday, leading the market to its worst month in several years. The Dow Jones Industrial Average plummeted more than 1,100 points this month — a fall of 6.6%. That’s the biggest percentage drop for this collection of 30 stocks since a nearly 8% plunge in

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