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10/08/2026
Brent crude oil has broken through $85/barrel, rising 1.88% during the day.
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1 m ago
Intel: This issuance includes a $2.25 billion over-allotment option for underwriters.
1 m ago
Investment research firm ARGUS RESEARCH has upgraded SanDisk's rating to "Buy."
1 m ago
Intel's stock price fell by 3% in pre-market trading.
1 m ago
Lijiang Co., Ltd. (002033.SZ) announced its performance for the first half of the year, with a net profit attributable to shareholders of 133 million yuan, a year-on-year increase of 40.46%.
1 m ago
Jefferies Group downgraded Apple's (AAPL.O) rating from "Hold" to "Underperform" on Monday, and lowered its target price from $285.56 to $263.66, implying about a 16% downside from Friday's closing price. Analyst Edison Lee noted in a report to clients that the originally planned 20th anniversary all-glass iPhone has been canceled due to poor yield rates. This model was initially expected to have a blended retail average price of $2,060. Apple's broader plan is to "extend the all-glass feature to future iPhone Pro and Pro Max models, further boosting its average selling price and profit margins." Jefferies views this move as a "major setback" for Apple's strategy to push higher-priced iPhones amidst soaring memory costs. As a result, Jefferies has lowered its forecast for the compound annual growth rate of iPhone average selling prices from 9.0% to 6.8% for the fiscal years 2026 to 2031, and reduced its earnings per share prediction for fiscal year 2028 by 2.1%.
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