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Loop Downgrade Apple As iPhone Rebound Shipment Hopes Slide
Loop Downgrade Apple As iPhone Rebound Shipment Hopes Slide
Apple shares are down about 1% in premarket trading in New York on renewed concerns about iPhone demand.
Loop Capital technology analyst Ananda Baruah downgraded Apple from "Buy" to "Hold," citing slumping expectations that the company will recover lost iPhone shipments next year and warning that skyrocketing memory chip costs could further squeeze profit margins.
Baruah lowered his 12-month price target to $330 from $370, nearly in line with Bloomberg-tracked analyst forecasts of around $334. The new target implies roughly 4% downside from the...
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Jun 17, 2026 / Tyler Durden
Rare Earth Stocks Pop After G7 Unveils Plan To Reduce Dependence On China For Critical Minerals
Rare Earth Stocks Pop After G7 Unveils Plan To Reduce Dependence On China For Critical Minerals
Rare earth stocks spiked on Wednesday after G7 leaders agreed to strengthen coordination on critical minerals as they seek to reduce dependence on China-dominated supply chains, according to a new report from Reuters.
Without naming China directly, the group set a goal of limiting reliance on any single external supplier of rare earths and permanent magnets to less than 60% by 2030, with a longer-term target of 50%.
Reuters reports that to support that effort, the...
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Mar 27, 2026 / Tyler Durden
Logic, Logistics, And At Least Another 10 Days...
Logic, Logistics, And At Least Another 10 Days...
By Michael Every of Rabobank
Thursday was a rocky day in markets ahead of today’s deadline for the US to shift from bombing Iran’s nuclear, missile, drone, military-industrial, and regime sites to destroying its electricity grid, potentially taking out its power generation for a generation, and unleashing an Iranian response against the broader region’s power, water, and energy infrastructure.
Given that backdrop, some TACO the view it was logical Trump subsequently extended the deadline to 8PM EST on Monday 6 April, because “talks are...
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May 20, 2026 / Joel Salatin
Future Without Massie
Yesterday was a sad day for me. My dear friend and fellow principled American, Congressman Thomas Massie from Kentucky, lost the Republican primary for his seat. It is now on record as the most expensive primary congressional seat campaign in American history. Why was it this important, this pivotal? Because Massie, like Congressman Ron Paul […]
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