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iPhone Sales Drop and APEC Kicks Off in San Francisco

Bloomberg Tech

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Apple's iPhone sales drop, Grindr's strong earnings, and insights into YouTube's AI-generated content

This chapter discusses Apple's largest assembler of iPhones, Foxconn, warning of a sales drop, while noting that Apple's stock is moving higher. It also covers Grindr's strong earnings with an interview with the CEO, and provides insights into YouTube's activities related to AI-generated content and content moderation. Nvidia's 10-day winning streak as the best performing stock and its relation to the rate hike regime from the Fed is also mentioned.

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