Tag AAPL
In today's Yahoo Finance closing time, we highlight some of the day's most noteworthy stories. Apple (AAPL) shares dip, primarily caused by a report that China is restricting government workers from using iPhones at work. Meanwhile, Comcast (CMCSA) and Disney (DIS) want to have a decision on the fate of Hulu by the end of this month. Finally, Sam Bankman-Fried, the founder of FTX, faced a legal setback as he lost an appeal to be released from jail while awaiting trial...
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The S&P 500 and Nasdaq fell below their 50-day lines Wednesday amid rising Fed fears. Here's what investors should do now...
Continue ReadingApple (AAPL) shares fell 4% Wednesday on a report China banned its government officials from using the company's iPhones for work, as part of Beijing's effort to reduce its reliance on foreign technology and strengthen cybersecurity...
Continue ReadingU.S. equities fell for a second straight session on Sept. 6, 2023, with the S&P 500 Index losing 0.7% amid investors' concerns the Federal Reserve isn't done with raising interest rates yet...
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Tech giants Apple and NVIDIA are falling from their recent highs. Yahoo Finance Markets Reporter Jared Blikre delves into the stocks' unexpected downturns.Apple (AAPL) shares fell in Wednesday's trading following a report that China is banning government officials from using iPhones for work. Blikre points out that history has shown that when Apple's fall from grace is swift, it often leads to a prolonged decline, signifying a potential rocky road ahead for its shares. Adding to the tech turmoil, NVIDIA (NVDA) struggled to surpass its earnings day high of $499, causing concern among investors. While NVIDIA shares remain close to their record high, Blikre breaks down the chart to show why investors may want to be cautious. Despite these setbacks, Blikre highlights some positive indicators in the tech sector, with the Technology Select Sector SPDR Fund (XLK) showing promise due to an upcoming double top formation. Similarly, iShares Expanded-Tech Software (IGV) surged by nearly 5 percent over the last month, outperforming competitors like iShares Trust- iShares Semiconductor (SOXX), which fell by about a one percent...
Continue ReadingThe Digital Markets Act could have a significant impact on Apple's services business, potentially forcing changes to the App Store. Learn more on AAPL stock here...
Continue ReadingApple faces a new China risk as it gets ready for its annual iPhone launch event next week. Click here to read why AAPL stock is a Hold...
Continue ReadingChina has banned officials from using Apple iPhones at work in a tit-for-tat battle with the US...
Continue ReadingShares of Apple are trading lower Wednesday perhaps in reaction to reports that China has ordered its government agencies to stop using iPhones at work. In the daily Japanese candlestick chart of AAPL, below, I can see some reasons to be concerned. Prices have rallied back to fill part of a downside price gap from early August but not all of the gap...
Continue ReadingIn this article we present the list of Jim Cramer and Billionaire Ken Fisher Love These 10 Stocks. Click to skip ahead and see the Jim Cramer and Billionaire Ken Fisher Love These 5 Stocks. Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), and Microsoft Corporation (NASDAQ:MSFT) are three stocks that are beloved by two of the most […]...
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