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Apple's Downgrade and Tesla's Deliveries

Bloomberg Tech

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Apple Stock Drops After Barclays Downgrade

This chapter discusses the performance of US stocks and bonds, with a focus on Apple and Tesla. Apple's stock drops after a Barclays downgrade on iPhone demand, impacting the NASDAQ 100 and the S&P 500. They also talk about Tesla falling behind a Chinese competitor in terms of production in the EV market. Additionally, they mention the sell-off in the global bond market and the rise of Bitcoin as the dollar strengthens. The chapter concludes with a mention of the downward pressure on Apple's stock due to the downgrade.

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