Apple stock, once a strong buy, faces a downgrade due to a high multiple and questionable earnings outlook. Read what makes AAPL stock a sell candidate in 2023...
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Continue Reading(Bloomberg) -- Chinese authorities are again shaking the confidence of foreign companies in the country with a series of arrests and an investigation into Foxconn Technology Group, Apple Inc.’s most important partner and one of the largest employers in China.Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItSaudi Arabia Mull...
Continue Reading(Bloomberg) -- Hon Hai Precision Industry Co. fell its most in more than three months after Beijing launched a series of investigations into its operations in China, targeting a key Apple Inc. supplier and one of the country’s largest employers.Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItSaudi Arabia Mulls Buying Dassa...
Continue ReadingWhen PayPal Holdings reports third quarter earnings on Nov. 1, it'll give new Chief Executive Alex Chriss his first chance to lay out his turnaround strategy...
Continue ReadingThe Taiwan-based Apple supplier, whose founder is seeking the Taiwan presidency, said it is cooperating with Chinese authorities...
Continue ReadingChinese officials have raided the offices of key Apple supplier Foxconn as the company’s founder prepares to run for the presidency of Taiwan...
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Continue ReadingApple has indicated it wants sports — but not just any sport...
Continue ReadingRob Isbitts and Matthew Tuttle discuss focusing on the Fed, Magnificent Seven earnings and why a little bullishness may be warranted...
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