Mega Cap Mania 5/22/23
Halftime Report
00:00
Apple's Revenue Decline
More than half of the S&P is still trading below their 52-week highs. "This is not really a friendly environment for multiple expansions," he says. Loop downgrades Apple, but it's rare that Apple gets a downgrade. The consumer is beginning to be more cost conscious and I would not be surprised at all to see a revenue decline from Apple in the coming quarter.
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