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Apple Stock Downgraded Again, Loses About $176 Billion Since Start Of 2024
Apple fell further on Thursday, losing about $176 billion since the start of the year, after Piper Sandler became the second brokerage this week to downgrade the stock on worries of tepid demand for its products, including the iPhone.
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Apple Sheds $100 Billion in Market Cap as Barclays Predicts 'Lacklustre' iPhone 16: Report
Apple shares closed 3.58 percent lower on Tuesday and over $100 billion (roughly Rs. 8,33,210 crore) of the iPhone maker's market value was erased after Barclays downgraded the company's shares to "underweight" and price target by $1 (roughly Rs. 83). The brokerage has highlighted soft demand for the iPhone 15 series along with challenges facing Ap...
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Elon Musk Loses $9 Billion In Net Worth Amidst Tesla Stock Slump
Tesla's stock experienced a significant stumble, resulting in a notable decrease in the wealth of billionaire CEO, Elon Musk.
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Micron Downgraded to ‘Underweight’ Rating as PC, Mobile Demand Slows With Inflation
Micron's stock received a rare ‘underweight’ rating from a brokerage as the memory-chip maker faces heavy exposure to mobiles and PCs amid rising inflation leading to limited purchase among customers. Micron shares were down about 6 percent in early trading on Friday.
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Snap Royalty Kylie Jenner Helped Erase $1.3 Billion In One Tweet
Snap Inc.'s flagship platform has lost some luster, at least according to one social-media influencer in the Kardashian-Jenner clan. The Snapchat parent's shares sank as much as 7.2 percent Thursday, wiping out $1.3 billion in market value, on the heels of a tweet from Kylie Jenner, who said she doesn't open the app anymore.
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Sun Pharma Stock In Focus After Q3 Profit Falls 75%
Motilal Oswal maintains 'buy' rating on Sun Pharma Stock, while Edelweiss downgrades the scrip rating to 'Hold' from 'Buy'
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Infosys Shares Under Sebi's Watch After Rs 34,000 Crore Hit For Investors
A sharp fall in Infosys shares has wiped out Rs 34,000 crore of investors' wealth in just two days.
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Bad Time For Turkey Economy After Attempted Coup
A six percent loss in value of its currency, a plunge on the stock market and a downgrade by a key ratings agency.
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Apple Stock Downgraded Again, Loses About $176 Billion Since Start Of 2024
Apple fell further on Thursday, losing about $176 billion since the start of the year, after Piper Sandler became the second brokerage this week to downgrade the stock on worries of tepid demand for its products, including the iPhone.
-
Apple Sheds $100 Billion in Market Cap as Barclays Predicts 'Lacklustre' iPhone 16: Report
Apple shares closed 3.58 percent lower on Tuesday and over $100 billion (roughly Rs. 8,33,210 crore) of the iPhone maker's market value was erased after Barclays downgraded the company's shares to "underweight" and price target by $1 (roughly Rs. 83). The brokerage has highlighted soft demand for the iPhone 15 series along with challenges facing Ap...
-
Elon Musk Loses $9 Billion In Net Worth Amidst Tesla Stock Slump
Tesla's stock experienced a significant stumble, resulting in a notable decrease in the wealth of billionaire CEO, Elon Musk.
-
Micron Downgraded to ‘Underweight’ Rating as PC, Mobile Demand Slows With Inflation
Micron's stock received a rare ‘underweight’ rating from a brokerage as the memory-chip maker faces heavy exposure to mobiles and PCs amid rising inflation leading to limited purchase among customers. Micron shares were down about 6 percent in early trading on Friday.
-
Snap Royalty Kylie Jenner Helped Erase $1.3 Billion In One Tweet
Snap Inc.'s flagship platform has lost some luster, at least according to one social-media influencer in the Kardashian-Jenner clan. The Snapchat parent's shares sank as much as 7.2 percent Thursday, wiping out $1.3 billion in market value, on the heels of a tweet from Kylie Jenner, who said she doesn't open the app anymore.
-
Sun Pharma Stock In Focus After Q3 Profit Falls 75%
Motilal Oswal maintains 'buy' rating on Sun Pharma Stock, while Edelweiss downgrades the scrip rating to 'Hold' from 'Buy'
-
Infosys Shares Under Sebi's Watch After Rs 34,000 Crore Hit For Investors
A sharp fall in Infosys shares has wiped out Rs 34,000 crore of investors' wealth in just two days.
-
Bad Time For Turkey Economy After Attempted Coup
A six percent loss in value of its currency, a plunge on the stock market and a downgrade by a key ratings agency.
