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Apple drops iPhone bombshell on already reeling stock marketApple acknowledged that demand for iPhones is waning, confirming investor fears that the company's most profitable product has lost some of its luster. The reckoning came in a letter from Apple CEO Tim Cook to the company's shareholders released after the stock market closed Wednesday. Cook
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Stock futures tumble on Apple's China warning ahead of earnings seasonU.S. stock index futures fell sharply on Thursday after Apple Inc stunned investors with its first sales warning in more than a decade, deepening ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Trump wants trade deal with China to boost stock market, sources sayWASHINGTON (BLOOMBERG) - President Donald Trump is increasingly eager to strike a deal with China soon in an effort to perk up financial markets that have slumped on concerns over the trade war, according to people familiar with internal White House deliberations.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »