JPMorgan warns of a miss on iPhone revenue and slowing growth overall but maintains its overweight rating on Apple.
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JPMorgan predicts iPhone revenue to fall short when Apple reports later this week
World
The world could be facing another ‘China shock,’ but it comes with a silver-lining
Singapore-based online grocery retailer Webuy staff is offloading containers filled with goods shipped from China. SINGAPORE — Vincent Xue runs an online grocery retail business, offering fresh produce, canned food, packaged easy-to-cook ingredients to cost-conscious local consumers in Singapore. Xue’s Nasdaq-listed Webuy Global sources primarily from suppliers in China. Since late last year, one third […]
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World
CNBC Daily Open: Trump and Musk’s breakup spills into the markets
U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Developments from the White House are growing more exciting and unpredictable than those 1,000-episode Asian drama serials. On Thursday, “So much for being Mr. NICE […]
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World
London’s IPO drought deepens but could Trump’s tariffs shake things up?
The London Stock Exchange has struggled to entice companies looking to go public — but some market watchers say a tariffs-driven diversification away from the U.S. could help the U.K. win back a greater share of the IPO market. On Thursday, British fintech giant Wise dealt a fresh blow to the London Stock Exchange by […]
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