After concerns about China sent Apple shares stumbling, some on Wall Street don't think the sell-off was warranted...
Continue Reading(Bloomberg) -- European equities edged higher on Friday, ending their longest losing streak since February 2018, as luxury stocks rebounded.Most Read from BloombergUS Probes Made-in-China Chip as Tensions Flare Over TechnologyEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsHong Kong to Ease Shutdown After Record Rain Overwhelms CityBoss of Failed Crypto Exchange Gets 11,000-Year SentenceApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsThe Stoxx 600 Index closed...
Continue ReadingOne of the reasons Apple's iPhones are so prolific is the handsets' status as exceedingly secure tech. It's no wonder that the iPhone is one of the most popular smartphones on the market. Nearly 1.5 billion of us are iPhone users...
Continue ReadingApple (AAPL) shares fall for their third straight day after reports of China’s proposed iPhone ban for government agencies and jobs. Previous trends in Apple stock may shed some light on the future of the company's performance. Yahoo Finance Markets Reporter Jared Blikre provides insights into Apple’s trading history in September...
Continue Reading**↗️** [**Apple (AAPL)**](https://www.wsj.com/market-data/quotes/AAPL): The tech giant's stock rose around 1%, after the company shed nearly $190 billion in market value over the past two days. [The Wall Street Journal reported](https://www...
Continue ReadingResearchers at digital watchdog group Citizen Lab said on Thursday they found spyware they linked to Israeli firm NSO that exploited a newly discovered flaw in Apple devices. While inspecting the Apple device of an employee of a Washington-based civil society group last week, Citizen Lab said it found the flaw had been used to infect the device with NSO's Pegasus spyware, it said in a statement...
Continue ReadingApple (AAPL) shares took a hit after reports that China was banning government officials from using iPhones for work. Adding to the company's woes are the announcement of Huwaei's new Mate 60 models which could pose a threat to Apple's dominance in the region. Santosh Rao, Head of Research at Manhattan Venture Partners, joins Yahoo Finance's Brad Smith and Julie Hyman to discuss the future of Apple stock and whether or not investors should be concerned about the recent announcements. Rao says that, in the near-term, the China concerns are more of a "headline risk." Rao says this is a "shot across the bow" from China to the countries that want to put restrictions on the country's exports and activities...
Continue ReadingThe US economy is showing resilience as jobless claims hit their lowest levels since February. Consumers have shown they are willing to spend more money on travel and experiences in the post-COVID era. However, looming challenges include the resumption of student loan repayments in October and the overall depletion of excess savings among US households. Saudi Arabia and Russia's agreement to extend oil production cuts have reportedly pushed Brent(BZ=F) and West Texas Crude(CL=F) prices to their highest levels since November. Elevated oil prices, now reaching $90 a barrel, could disrupt the Federal Reserve's efforts to control inflation. Lastly, China's expansion of it's ban on iPhone usage by government officials and enterprises, caused a significant drop in Apple(APPL) shares this week. Semiconductor companies like Qualcomm(QCOM) and NVIDIA(NVDA) have started to experience decline in their shares as a result. Yahoo Finance's Julie Hyman and Brad Smith break down the top takeaways of the week...
Continue ReadingThis is sometimes referred to as the "hot hand fallacy." The winning streak ends, and the hot hand goes cold. Nobody seems too excited about next week's special event, which should see the introduction of the iPhone 15, Apple Watch Series 9, and other updated products...
Continue Reading(Bloomberg) -- The dollar lost traction, following a seemingly unstoppable rally that has pushed currency toward a record streak of weekly gains on bets the Federal Reserve will keep rates elevated. Stocks and bonds rose.Most Read from BloombergHong Kong Extends Shutdown After Record Rain Overwhelms CityUS Probes Made-in-China Chip as Tensions Flare Over TechnologyApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With China‘Blame...
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