Market Analysis
Apple Faces Sales Decline in China; Stock Downgraded Before Q1 Earnings
Jefferies analysts downgraded Apple Inc. to Underperform, citing a 13% downside.
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China
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China
Market Analysis
AI Stocks Crash as DeepSeek Surpasses ChatGPT as the Top-Rated Free App in US
Chinese AI startup DeepSeek has surpassed ChatGPT as the top-rated app on Apple's App Store in the US.
Market Analysis
Huawei’s Resurgence Hits Apple as Foreign Phone Sales Drop 47% in China
Foreign mobile phone sales in China, particularly for Apple, have plummeted by 47.4% year-over-year in November, highlighting the increasing competition from domestic brands like Huawei.
Market Analysis
US Restricts AI Chip Exports to Middle East, AMD and NVDA Affected
The U.S. government has restricted AMD and Nvidia from exporting advanced AI chips to several Middle Eastern countries.
Market Analysis
Apple Stock Gains as New Data Shows iPhone Sales Up 52% Y/Y in China
Apple's iPhone sales in China surged 52% in April, reaching 3.495 million units, despite fierce competition from local brands.
Market Analysis
AI Arms Race: China’s $47 Billion Semiconductor Fund, Musk’s xAI Secures Funding
China has raised an astonishing $48 billion for its national semiconductor fund, while Elon Musk's AI startup, xAI, secured $6 billion in a new funding round.
Earnings
TSMC is Up 56% YTD, But the Taiwan-based Firm is Still Undervalued
USG's hegemonic efforts to control chip production are making investors queasy. Where does that put TSM stock?
International
Three Reasons Why Gold Prices Are Surging to Record Highs
Gold prices surge to record highs due to geopolitical tensions, economic uncertainties, and central bank acquisitions.
Best Stocks
Three Semiconductor Stocks Blessed by the US CHIPS Act
Which companies will lead the domestic chips revitalization charge?
Market Analysis
Shanghai Composite Index Records Worst Week Since 2018, Down 6.2%
Shanghai Composite Index plummeted 6.2% this week, marking its worst performance since 2018.
Market Analysis
China’s Stock Market Has Lost $6T Since 2021 Peak; Can Beijing Salvage the Situation?
The Chinese stock market entered its fourth straight year of downturns in 2024, losing $6 trillion since peaking in 2021.
Market Analysis
Three Factors Why Oil Prices Dropped Over 2% Today
Oil prices fell more than 2% on Wednesday amid headwinds caused by a stronger dollar, oversupply concerns, and China's soft GDP data.
Best Stocks
Baidu’s Shares Slid 11.5% after Reports Link its AI Model with the PLA
Baidu witnessed an 11.5% plunge in its shares on Monday, triggered by reports of its LLM being used for military purposes.