Microsoft is planning to "significantly" increase production of its next-generation AI chips, the Information reported. Bloomberg's Anurag Rana joins Bloomberg Intelligence to discuss this as well as how Apple is considering an overhaul to its smartwatch lineup in light of the industry's transition to screen-free devices and other new form factors.
Soaring memory costs have already pushed up MacBook and iPad prices, but those products are small fish compared to the iPhone. Now Apple faces a collision of forces that could force its hand on the product that generates 90% of the smartphone industry's profits.
Stock Market Today: The Dow Jones index was firm Monday as oil prices climb amid a lack of progress in U.S.-Iran talks. SpaceX stock skids.
Apple's All-Glass iPhone Plan Hits a Wall: Jefferies Downgrades Stock
The downgrade puts Apple's innovation pipeline, component costs and premium-device strategy under a harsher spotlight before its next iPhone launch.
Apple (NASDAQ:AAPL) shares are in the red today amid reports that rising memory costs could result in higher prices for the iPhone 18, while a Jefferies report indicated disappointing prospects for an all-glass iPhone. However, Gene Munster, managing partner at Deepwater Asset Management, said in a recent program on CNBC that he still feels good […]
One product setback could complicate Apple's premium pricing push
Apple declined 2% to $306.56. Jefferies downgraded shares to Underperform from Hold and slashed the price target to $263.66 from $285.56. Wall Street had widely braced for severe selling pressure this past Thursday, when SpaceX’s first lockup expiration freed roughly 911 million restricted insider shares.
Wall Street analysts downgraded the stock in the wake of last week's dismal earnings report.
Jefferies analysts said in a note that their supply-chain checks suggest Apple has canceled the planned all-glass iPhone due to poor production yields, which was expected to launch in September 2027.
The agreement gives Socket Mobile broader access to North American mobility resellers as it targets Apple-based data capture deployments across frontline and industrial operations. Key Investor TakeawaysSocket Mobile (NASDAQ:SCKT) has formed a strategic partnership with 3Eye Technologies to distribute its barcode scanners, contactless readers and mobile data capture products across North America.
Yahoo Finance Markets and Data Editor Jared Blikre uses the AlphaSpace platform to take a closer look at some of Monday's trending stories: Apple (AAPL) getting a downgrade and Intel's (INTC) plan to raise $15 billion through stock offerings. Yahoo Finance's AlphaSpace is a premium investment platform that combines data, charting, news, analysis, and more to help retail investors understand markets.
Apple's record Q3 FY2026 results spotlight strong iPhone and Mac growth, while supply constraints and AI costs cloud the outlook.
Jefferies analyst Edison Lee believes Apple has scrapped its all-glass iPhone, citing supply chain checks.
A Wall Street analyst on Monday downgraded Apple stock to the equivalent of a sell rating, citing issues with the company's upcoming iPhone smartphones.
Micron stock was reacting to news that Apple has tested memory chips from China’s ChangXin Memory Technologies.
Taiwan Semiconductor Manufacturing reported monthly sales which were ahead of its annual growth forecast.