CNBC Power July 4, 2024
Apple is a big drag on the averages today especially with the nasdaq. The company hit with a nearly 2 billion fine by the european commission, the ec, said apple has abuse of rules for other streaming music providers but may be a bigger concern for investors is the companys perceived slower start to the ai race. We have much more on the story, courtney. We will start with macys. That stock rallying 15 today as arthouse and Brigade Capital raised their offer for the company to 24 a share from 21 bucks. Macys confirms it has received the offer and its board will review it as they did previously....