With demand for Apple's iPhone looking weaker than expected (per Austrian-based supplier AMS, itself in stock freefall), CNBC, among other sources, is describing "panic mode" among investors as Apple heads into "correction territory."
Cupertino's stock has dipped 7.1% so far this week (obliterating some $64m in shareholder value); it's currently trading at $162.94. Not only is the stock less attractive, but the decline could put the brakes on the overall growth of tech securities. The Dow is down 424 points at present.
MUSIC REVENUE TOPPED $17B IN 2023: RIAA
Streaming subscriptions lead the charge. (3/27a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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