Tag: Cooling

One key reason inflation is cooling: Immigrant workers

There’s one hot-button topic that could hold the key to where inflation goes: immigration. It’s already done a great deal in bringing down consumer price growth to where it is now, experts say, even though the most recent data showed that inflation increased more than expected in December. Investors would be wise to track the […]

Why Wall Street is cooling on Apple stock

The brightest light on Wall Street is dimmer at the start of 2024. Apple (AAPL) the most valuable company on the market, has endured a bruising run in the first days of the new year. The iPhone maker, which commands about 7% of the weight of the S&P 500 (^GSPC) index, steering the fate of […]

Apple Stock Downgraded as Barclays Warns on Cooling iPhone Demand

(Bloomberg) — 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. Most Read from Bloomberg Barclays analysts led by Tim Long cut their rating on Apple to underweight and price target to $160 from $161, implying a 17% decline […]