(Bloomberg) -- Apple Inc. shares are unlikely to outperform in the second half of the year, as a high valuation and mounting China risks take the shine off a highly anticipated product launch next week, according to JPMorgan Chase & Co.Most Read from BloombergUS Probes Made-in-China Chip as Tensions Flare Over TechnologyHong Kong to Ease Shutdown After Record Rain Overwhelms CityEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsApple’s 2-Day Slide Nears $200 Billion on China
Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.JAKARTA, Indonesia — Visiting Chinese Premier Li Qiang on Friday pledged $21.7 billion in new Chinese investment in Indonesia to strengthen the countries' economic and political ties, an official said. Li arrived in Jakarta on Tuesday to attend the three-day summit of the Association of Southeast Asian Nations and meet with Indonesian leaders.
WASHINGTON -The Federal Reserve's top regulatory official said on Friday the central bank is "a long way" from any decision on whether it would issue its own digital currency, and added it would not do so without official support in Washington. Fed Vice Chair for Supervision Michael Barr said while officials are investigating a central bank digital currency , the Fed was far from any decision. "In my view, as both the issuer of U.S.
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Apple Shares May Struggle as China Risks Mount, JPMorgan SaysApple Inc. shares are unlikely to outperform in the second half of the year, as a high valuation and mounting China risks take the shine off a highly anticipated product launch next week, according to JPMorgan Chase & Co.
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Apple: China bans government officials from using iPhonesChina is reportedly banning government officials' use of iPhones for work, according to a report from the Wall Street Journal. Yahoo Finance Live analyzes Apple's (AAPL) stock reaction to this news from one of the company's biggest markets.
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Apple Poised to Shed $194 Billion as China Broadens iPhone BanApple Inc. shares tumbled in premarket trading Thursday, on track to wipe out $194 billion of market value in just two days, as China plans to expand a ban on the use of iPhones to government-backed agencies and state companies.
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Apple tumbles, drags Wall Street lower as fears grow over China iPhone curbsWorld’s most valuable firm was set to lose more than $100 billion in market value
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Apple tumbles, drags Wall Street lower as fears grow over China iPhone curbsApple suppliers and companies with large China exposure including Broadcom, Qualcomm and Texas Instruments fell between 1.2% and 2.8%. The iPhone maker's drop also pulled down the three main U.S. stock indexes. Reuters reported earlier in the day that Beijing told employees at some central government agencies in recent weeks to stop using their Apple mobiles at work.
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Apple tumbles, drags Wall Street lower as fears grow over China iPhone curbs(Reuters) - Apple fell nearly 4% on Thursday and sparked a rout in U.S. equities after reports that China has widened curbs on iPhone use by government ...
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