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Jefferies Flags "Power Indicator" Of Soft iPhone 18 Demand In China
Jefferies Flags "Power Indicator" Of Soft iPhone 18 Demand In China
Edison Lee, Jefferies' head of China and Hong Kong technology and software research, is out with a note Monday morning warning that Apple's latest iPhone launch shows signs of softer demand, with weak Hong Kong resale prices suggesting consumers are pushing back against price hikes on premium models.
"Weak 18P/PM resale prices vs. 17P/PM remain our clearest sign of softer demand, despite a weekend rebound in lead times that could reflect tighter supply as DUO ramps," he wrote at...
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Aug 11, 2026 / Kyle Anzalone
Shipping Monitor: Just 6 Ships Transit the Strait of Hormuz on Sunday
Shipping traffic through the Strait of Hormuz remains at a minimum as President Donald Trump claims the crucial waterway is open. The tracking agency Kpler reported on Tuesday that 32 ships transited the Strait between Friday and Monday, including just six on Sunday. 17 of the vessels used Iranian-approved shipping lanes, with only 11 using […]
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Aug 28, 2026 / Tyler Durden
Futures Flat, Bonds Drop Ahead Of Warsh Jackson Hole Speech
Futures Flat, Bonds Drop Ahead Of Warsh Jackson Hole Speech
US stock futures are flat and rates rise ahead of today's main event: Fed chief Kevin Warsh’s Jackson Hole speech at 10am ET (full preview here) as traders seek clarity on his economic outlook and his strategy for lowering inflation back to the Fed's 2% target. As of 8:00am ET, S&P futures are little changed and Nasdaq 100 futures are lower following the Nvidia-driven rally for the index in the prior session, when however only 30% of the S&P and 1...
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Jul 20, 2026 / Dave DeCamp
US Launches Airstrike in Somalia for 76th Time This Year
US Africa Command announced on Monday that its forces conducted another airstrike in Somalia on July 15 as the Trump administration continues its record-shattering bombing campaign in the country, which is ignored by US media. AFRICOM said that the attack targeted al-Shabaab and was launched about 62 miles north of the southern port city of […]
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