Barclays downgrades Apple, causing a 3% dip in share prices and concerns over iPhone demand. Find out more here!
Barclays recently downgraded Apple shares, leading to a more than 3% drop in stock prices as concerns about weakening iPhone 15 sales surfaced. This move by Barclays, a notable financial institution, caused a stir in the market, with investors keeping a keen eye on Apple's performance. The downgrade comes amidst growing speculation about the future of Apple's flagship product, the iPhone, and its impact on the company's overall financial health.
Apple hit a seven-week low following the Barclays downgrade, reflecting the volatility in the tech giant's stock. Analysts at Barclays expressed worries about a potential dip in demand for Apple devices, particularly the iPhone. This development highlights the sensitivity of Apple's stock to market sentiments and industry predictions, making it a focal point for investors and analysts alike.
ClearBank, known for its real-time clearing and embedded banking services, made headlines by hiring Megan Cooper as Chief Product Officer. This move adds an interesting twist to the financial landscape, showcasing the dynamic nature of the industry. Cooper's experience from Starling Bank and Barclays brings a wealth of expertise to ClearBank, positioning the company for further growth and innovation.
Barclays' cautionary stance on Apple stock continues to reverberate in the market, with analysts projecting a challenging road ahead for the tech giant. As investors navigate the evolving landscape of tech stocks, the impact of analyst recommendations, such as those from Barclays, remains a key factor influencing market trends.
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ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, has hired Megan Cooper as Chief Product Officer.
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Apple Inc. got itself a new bear as expectations of soft demand for its latest iPhone prompted analysts at Barclays Plc to downgrade the stock.
Shares of Apple Inc. are starting 2024 with a selloff, after Barclays analyst Tim Long said it was "time for a breather," citing weak hardware sales as iPhone ...
Apple stock (AAPL) took a hit on Tuesday after Barclays downgraded the iPhone maker and lowered its price target on shares on fears of slowing iPhone 15 ...
Apple shares fell more than 3% after Barclays downgraded the stock and trimmed its price target on what it sees as weakening iPhone 15 salesโฆ
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Plans have been unveiled to transform the closed Barclays on Westgate Road, opposite The Beaco.
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