• Global stocks weighed by Apple demand woes, trade tensions

    20 days ago - By Reuters

    World stocks fell on Monday as worries about softening demand for the iPhone dragged down shares of Apple Inc and persistent trade tensions between China and the United States sapped investor sentiment.
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  • The Nasdaq is headed for its lowest close in 6 months as FAANG stocks tumble

    The Nasdaq is headed for its lowest close in 6 months as FAANG stocks tumble

    20 days ago - By Business Insider

    Stocks fell Monday, dragged lower by technology companies.
    The Wall Street Journal reported Apple slashed its production orders.
    Follow the US indices in real time here.
    Stocks fell Monday, dragged lower by mega-cap technology companies, as Wall Street worried about global growth and trade tensions amid a quiet week for economic data.
    The tech-heavy Nasdaq 100 index plummeted more than 2.5%. It's currently on pace for it's lowest close since the beginning of May, having fallen almost 13% since reaching a record on Aug. 29.
    Meanwhile, the S&P 500 fell 1.3% and the Dow Jones Industrial...
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  • Apple slices production plan for iPhones

    20 days ago - By Reuters

    Apple has cut production orders in recent weeks for three iPhone models launched in September. Fred Katayama reports.
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  • Wall Street hit by Apple slide, trade woes

    20 days ago - By Reuters

    U.S. stocks fell on Monday, as a slide in Apple's shares on concerns about iPhone demand hit its suppliers and the technology sector, with mixed signals over the state of play between the United States and China on trade dispute adding to the weakness.
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  • Wall Street set to open lower on Apple concerns, trade uncertainties

    21 days ago - By Reuters

    Wall Street was set to open lower on Monday as shares of Apple and its suppliers were hit by ongoing concerns of slowing demand for iPhones, while conflicting signals of a potential truce in the China-U.S. trade dispute added to market jitters.
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  • Apple shares fall on report of slashed iPhone production orders

    21 days ago - By CNBC

    The Wall Street Journal reported, citing people familiar with the situation, that Apple has slashed orders for the iPhone XR, XS and XS Max models. The three models were unveiled in September.
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