AP Photo/Mark Lennihan, File Copyright 2023 The Associated Press. All rights reserved. The September market weakness is being played out. The election year cycle and the decennial cycle both suggest that the fourth quarter will be strong. Apple AAPL has been a highly seasonal stock in the autumn as we can see in the monthly…
Shares of Instacart closed Thursday below their IPO price. (Photo by Smith Collection/Gado/Getty … [+] Images) Getty Images Key Takeaways Markets Hoping To Break Losing Streak Higher Interest Rates May Be Here Longer Than Initially Thought Lackluster IPO Market Heading into Friday, stocks are hoping to snap a three day losing streak. The threat of…
NEW YORK, NEW YORK – SEPTEMBER 14: Arm Holdings CEO Rene Haas rings the Nasdaq opening bell at the … [+] Nasdaq MarketSite on September 14, 2023 in New York City. Arm, the chip design firm that supplies core technology to companies that include Apple and NVidia, priced its initial public offering at $51 a…
CUPERTINO, CALIFORNIA – SEPTEMBER 12: The new iPhone 15 Pro and iPhone 15 Pro Max are displayed … [+] during an Apple event on September 12, 2023 in Cupertino, California. Apple revealed its lineup of the latest iPhone 15 versions as well as other product upgrades during the event. (Photo by Justin Sullivan/Getty Images) Getty…
Apple unveiled the latest iPhone at their annual event on Tuesday. (Photo by Scott Barbour/Getty … [+] Images) Getty Images Key Takeaways CPI Mixed Apple AAPL Event Lacks Excitement Oil Prices Increasing An uninspiring Apple event and disappointing earnings from Oracle ORCL sent stocks lower Tuesday. The S&P 500 fell 0.6% and the Nasdaq Composite…
Map of USA on digital pixelated display getty As the mass proliferation of digital services taxes becomes increasingly certain, the United States may be wise to reassess its categorical opposition to them and rededicate its resources to developing multilateral DST standards. DSTs are still relatively novel tax policy instruments that have yet to win consensus…
CUPERTINO, CALIFORNIA – SEPTEMBER 07: Apple CEO Tim Cook delivers a keynote address during an Apple … [+] special event on September 07, 2022 in Cupertino, California. Apple is expected to unveil the new iPhone 14. (Photo by Justin Sullivan/Getty Images) Getty Images Since July, investors have cut $310 billion — or 10% — from…
Shares of Apple are falling after China restricts use of iPhones. (Photo by Justin Sullivan/Getty … [+] Images) Getty Images Key Takeaways Apple AAPL Under Pressure Disney At Lowest Level In Nearly A Decade Volatility Still Low The big news this week has been the drop in Apple. Following an order from Chinese officials forbidding…
China Last Night KraneShares Week in Review Asian equities were mostly lower this week as renewed concerns of another potential Fed rate hike weighed on risk assets globally. Trip.com reported Q2 revenue that exceeded pre-COVID (2019) levels by 29%, indicating a strong return to travel, at least domestically, for China’s consumer. The city of Shenyang…
© 2023 Bloomberg Finance LP Apple’s annual September iPhone launch is always big tech news, but this year’s event has extra significance. In 2023, the iPhone maker is struggling with soft demand for smartphones. And, to make matters worse, the Wall Street Journal recently reported that China is prohibiting central government officials from using iPhones…