Apple hit with second downgrade this week on iPhone worries
Piper Sandler & Co’s Harsh Kumar cut his Apple rating, citing a weak macro environment in China that will dampen demand for iPhones.
Stay updated with breaking news from Tim Long. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Piper Sandler & Co’s Harsh Kumar cut his Apple rating, citing a weak macro environment in China that will dampen demand for iPhones.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
It wasn’t the upbeat start to the new year that investors had hoped for. But the long-term view for stocks still looks bright, according to several analysts.
Shares of Apple suppliers fall in Asia on Wednesday after Barclays downgraded Apple on Tuesday.
Barclays warned on Tuesday that iPhone sales aren't living up to the hype—but that’s not the only factor dragging down America’s most valuable company.