Tech suppliers could soon be feeling the ripple effects of a slower-growing Apple (AAPL).
On Thursday, Bank of America analyst Wamsi Mohan cut his rating on Apple stock to Neutral from Buy, citing a potential reset of Street profit forecasts due to less than brisk uptake of pricey new iPhone 14s. The call came after reports surfaced earlier in the week that the tech giant would slow iPhone production amid softer-than-expected demand.
“We expect material negative estimate revisions driven by weaker consumer demand (Services already in slowdown and we expect products to follow),” Mohan warned.
That downgrade prompted Mohan’s colleague…
finance articles 2019
Crypto ‘may have hit the ultimate bottom months ago,’ analyst says
2022 hasn’t been kind to crypto buyers, but the major swoon earlier this year has a silver lining that might prove to benefit other risk investors.
Following a widespread sell off in Q1, according to Coinmarketcap, crypto’s total market capitalization dropped by more than half (-56%) in the second quarter. However, since July, crypto’s total market capitalization is up 7%.
“We may have hit the ultimate bottom months ago because of cascading liquidations,” Thomas Dunleavy, senior market analyst with Messari, told Yahoo Finance. “The market is down to only the true believers at this point. Most of the sellers seemed…
Catch it, Kill it, Bin it… Then What? – RoSPA Workplace Safety Blog
Core messaging during the COVID -19 pandemic has focused on the role each citizen plays in bringing the situation under control. Good hygiene and social distancing have been spoken about widely and it is acknowledged that the latter is the primary risk control measure.
The role of key workers has also been widely discussed, such as the value of NHS staff and care workers, the role of educators and the rapid transition to home schooling. And as I sit here at home thinking about the 27million households in the UK on lockdown, and the impact on people and their communities,…
What the inverted yield curve means for your portfolio
Morsa Images | E+ | Getty Images
As investors digest another 0.75 percentage point interest rate hike by the Federal Reserve, government bonds may be signaling distress in the markets.
Ahead of news from the Fed, the policy-sensitive 2-year Treasury yield climbed to 4.006% on Wednesday, the highest level since October 2007, and the benchmark 10-year Treasury reached 3.561% after hitting an 11-year high this week.
When shorter-term government bonds have higher yields than long-term bonds, which is known as yield curve inversions, it’s viewed as a warning sign for a future recession. And the closely-watched spread between the 2-year…
Some Fad Diets Are Better Than Others
September 27, 2022 · 7:00 AM
Original bare bones e-book cover
Frontiers In Nutrition in July, 2022, published “Fad Diets: Facts and Fiction.” Thank you, FIN, for making it available at no cost. The authors are based in Pakistan and Romania. They attempted to summarize the literature on popular fad diets. I am shocked that they included the Mediterranean diet. Read the article and 134 references then form your own opinion. Some snippets:
Regarding the Atkins Diet: “AD provides several benefits including weight reduction and cardio-metabolic health improvement, but limited evidence exists as compliance is the major barrier to this…