Latest in Apple's Smartphone Sales Slump in China as Huawei Gains Market Share
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Adidas shares pop 6% as European markets open with positive momentum
European stocks are expected to open higher Wednesday, continuing positive sentiment seen in global markets since the start of the week.CNBC - 55m -
Apple's Smartphone Sales Slump in China as Huawei Gains Market Share
The U.S. tech giant’s fourth-quarter iPhone sales fell 18% in the world’s largest smartphone market.The Wall Street Journal - 1d -
There’s little to keep the stock market down as retiring boomers share their wealth
Market strategist Ed Yardeni: Expect the S&P 500 to hit 7,000 this year and 8,000 in 2026MarketWatch - 16h -
Bacon heavyweight Smithfield Foods to tip IPO scales at $11 billion with an eye on amassing market share
China-owned bacon maker sets IPO terms at $24 to $27 with 397.47 million shares outstanding.MarketWatch - 20h -
Huawei seeks to grab market share in AI chips from Nvidia in China
Tech giant pushes its artificial intelligence chips as hardware of choice for ‘inference’ tasksFinancial Times - 1d -
Nintendo Shares Slump as Switch 2 Announcement Underwhelms
The Japanese company’s much-anticipated successor to its Switch console disappointed investors with a lack of specifics and a design that feels more like an update than a reinvention.The Wall Street Journal - 5d -
Apple has worst day since August following reports of China, AI struggles
Apple reports December quarter results on Jan. 30.CNBC - 5d -
Apple slides on disappointing iPhone data in China. Here's why we're not panicking
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 5d -
Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.CNBC - 5d -
10 things to watch in the stock market Thursday after the best S&P 500 gain since the election
The S&P 500 was looking at a muted open.CNBC - 5d -
Apple loses smartphone crown in China as Vivo and Huawei outsell iPhone
US tech giant faces competition on mainland as it struggles to introduce AI features on its flagship productFinancial Times - 6d -
China Officials Discuss Option of TikTok Sale to Elon Musk
Beijing officials preparing options for after Donald Trump’s inauguration have examined possible openness to a deal for TikTok’s U.S. operations with the owner of X.The Wall Street Journal - Jan. 14 -
Shares in TikTok’s rivals gain as Supreme Court weighs U.S. ban for social-media app
The shares of publicly traded companies that compete with TikTok were gaining Friday as the video-sharing platform’s attorney faced tough questions from Supreme Court justices during oral arguments ...MarketWatch - Jan. 11 -
Apple's market share slides in China as iPhone shipments decline, analyst Kuo says
Analyst Ming-Chi Kuo wrote in a post on Friday that Apple is losing market share in China due to declining iPhone shipments.CNBC - Jan. 10 -
Stellantis aims to reverse yearslong declines in U.S. sales and market share in 2025
Stellantis' top priority for the U.S. this year is to grow its retail market share after several years of declining sales in its largest, most crucial market.CNBC - Jan. 10 -
Stock market gain that followed Trump's election win is close to being wiped out
The S&P 500's gain since Election Day now sits at just around 0.5%.CNBC - Jan. 10 -
Mercedes-Benz Car Sales Drop Amid Challenging Market
Car sales fell 3% to 1.98 million last year in a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.The Wall Street Journal - Jan. 10 -
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Ubisoft Shares Fall After Net Bookings Slump, Assassin's Creed Delay
The stock dropped after the videogame maker said it expected a decrease in third-quarter net bookings and pushed back the release of its blockbuster game for a second time.The Wall Street Journal - Jan. 10 -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - Jan. 10 -
China’s bond market is screaming deflation
Investors to Beijing: C-, must do betterFinancial Times - Jan. 9 -
Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9 -
House of Huawei — inside China’s ‘most powerful company’
Eva Dou’s authoritative account of the secretive tech company that has become a flashpoint in US-China relationsFinancial Times - Jan. 8 -
While Apple negotiates Indonesia sales ban, another Chinese smartphone maker is entering the country
Huawei spinoff Honor announced Tuesday it is entering Indonesia and plans to launch its smartphones there by the end of March.CNBC - Jan. 7 -
Ulta Beauty gains on new CEO pick and sales outlook. But analysts debate the threat from rivals.
Ulta said Kecia Steelman, who became its chief operating officer in 2023, would be its new chief executive.MarketWatch - Jan. 7 -
Analysts embrace ServiceTitan’s market-share potential in parade of buy ratings
The software maker for blue-collar businesses, which recently went public, draws “buy” or “overweight” ratings from at least six analysts.MarketWatch - Jan. 6 -
Tesla posted record China sales in 2024. But this year is going to be tough as competition heats up
Tesla faces fresh threats as Chinese automakers double down on domestic market in the face of hefty export tariffs in the U.S. and European Union.CNBC - Jan. 6 -
Fire at food market in northern China kills eight people and injures 15
Cause of fire in city of Zhangjiakou in Hebei province is under investigation. At least eight people have died and 15 are injured after a fire broke out at a food market in northern China, ...The Guardian - Jan. 4 -
Fire at a food market in northern China kills at least 8 and injures 15
Chinese state media says a fire at a food market in northern China killed at least eight people and injured 15 othersABC News - Jan. 4 -
What Car Sales Can Tell Us About the U.S. Auto Market Right Now
Demand for pickup trucks and hybrid vehicles helped automakers increase deliveries, but challenges loom for 2025.The Wall Street Journal - Jan. 3 -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - Jan. 3 -
Foreign phone sales plunge 47% in China, spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.CNBC - Jan. 3 -
Apple offers holiday discount in China as Huawei competition heats up
Apple is facing heightened competition from a resurgent Huawei and other domestic brands.CNBC - Jan. 3 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
China Adds to Sanctions of U.S. Defense Contractors Over Taiwan Arms Sales
Beijing sent a fresh warning to President-elect Donald Trump of the tools it can use to protect national interests.The Wall Street Journal - Jan. 3 -
Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.The Wall Street Journal - Jan. 2 -
Tesla Shares Slip After First Annual Sales Decline
The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.The New York Times - Jan. 2 -
China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - Jan. 2 -
China steps up drive to break Boeing and Airbus grip on plane market
State-owned Comac opens offices abroad and pushes for overseas certification as it increases output of C919 jetsFinancial Times - Jan. 1
