Unfortunate News for Meta Stock and Apple Stock Investors

Increasing geopolitical tensions are bad for business.

Apple iPhone sales tumbled in China in first quarter, research firm says

Counterpoint reported that iPhone sales volumes dropped 19%, during a quarter in which smartphone sales in the world's second largest economy grew by 1.5%.

Apple's Poor China iPhone Sales. It's Losing More Market Share.

Sales of iPhones were down 19% in China from a year earlier, Counterpoint Research reported.

Telegram founder says China downloads have not fallen since Apple move

Pavel Durov, billionaire founder and CEO of Telegram, said Apple's move last week to remove the chat app from its China app store had not caused any decrease in downloads from China and criticised ...

Apple's iPhone Sales See Worst Quarter in China Since 2020

Sales of Apple's iPhone in China fell 19% during the quarter ending in March, an independent research firm reported. The US company fell to third in the nation's hotly-contested smartphone market, ...

Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%

Apple's smartphone sales declined by 19.1% in the first quarter of 2024, while rival Huawei's (HWT.UL) grew by 69.1%, signaling an increasing threat to the U.S. firm's dominance in the high-end seg...

3 Artificial Intelligence (AI) Stocks That Are Screaming Buys in April

Intel is potentially the best-valued chip stock out there. Apple has the brand power to dominate the consumer AI market.

Nvidia, Microsoft, Meta, Apple, Alphabet, and Amazon downgraded by UBS

UBS Chief Investment US Equity Strategist Jonathan Golub downgraded the "Big Six" tech stocks - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META), Microsoft (MSFT) — f...

3 Energy Stocks to Buy Pre Earnings

Energy stocks are on fire, but there is likely more fuel in the tank. Stock Strategist Andrew Rocco reveals 3 ways to take advantage of the bull market in the energy industry.

What Apple investors should make of stock's ‘tricky setup' ahead of earnings

Apple Inc. is expected to beat expectations for its March quarter but deliver disappointing guidance for the June quarter, according to a Morgan Stanley analyst.

Should You Buy the Dip in Magnificent 7 ETFs Before Q1 Earnings?

Magnificent Seven stocks suffered the worst-ever weekly loss, erasing $950 billion last week. However, first-quarter earnings are expected to drive the whole group higher.

Apple reportedly close to finalizing $1B deal with FIFA over TV rights for new tournament

The tournament will be held in the United States for the first time next summer, the report said, adding that a deal could be announced as soon as this month.

Big Six tech companies' profit momentum could ‘collapse' in 2024, UBS says

Profit growth momentum of the so-called Big Six technology stocks could “collapse” over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rating on the mega-cap...

What's in Store for Magnificent 7 Stocks in Q1 Earnings?

Magnificent 7 stocks, namely, Tesla (TSLA), Meta Platforms (META), Alphabet (GOOGL), Microsoft (MSFT), Amazon.com (AMZN), Apple (AAPL) and NVIDIA (NVDA), are set to benefit from rapid AI proliferat...

Trade Tracker: Kevin Simpson buys more Apple

Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's 'Halftime Report' to explain why he's adding to his Apple position.


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