Stock Spotlight: Inflation strikes Apple's core
After becoming the first company to hit a $3trn market cap on 3 January 2022, Apple’s market cap briefly sank under $2trn exactly a year later.
Source: investmentweek.co.uk
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Stock Spotlight: 'Tesla stock should be avoided'
Electric vehicle manufacturer Tesla, famous in part due to its CEO Elon Musk, has seen its stock plunge 72.3% since its peak in November 2021.
Source: investmentweek.co.uk
Stock Spotlight: Tesco cuts to cope with inflation
Tesco’s results earlier this month saw the supermarket cut projects for full-year profits, while warning that inflation was still a concern.
Source: investmentweek.co.uk