Takeaways:
- According to data from IDC, Apple (AAPL) is falling behind competitors in global smartphone sales with iPhone shipments estimated to only increase by 0.4% in 2024.
- Starbucks (SBUX) corporate employees will only get 60% of their bonuses due to the coffee chain's poor financial performance this last fiscal year, as reported by Bloomberg.
- Urban Outfitters (URBN) shares surge higher Wednesday morning after its third quarter beat on earnings estimates. Citi is upgrading the stock to Buy.
Yahoo Finance's flagship show, Morning Brief, is the ultimate guide to making smarter portfolio decisions.
Find this and other episodes of Morning Brief here.
Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.
Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.
Learn more about your ad choices. Visit megaphone.fm/adchoices