Why this week is 'a potentially pivotal week for the 2024 bull market'
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Apple's iPhone is 'ceding share in all markets except Europe': UBS
July 30, 2024 11:10 AM EDTUBS analysts said in a note to clients this week that in the June quarter, Apple's (NASDAQ: AAPL) iPhone is losing market share in nearly all regions except Europe.
According to the latest UBS note, iPhone units were down approximately 1% during the quarter, despite the global smartphone market growing by 6% year-over-year.
"iPhone sell-through was up just 1% to 15.6 million in the month of June, leading to a small ~50 basis... More
RBC: US equity flows remain strong, on guard for end to pullback
July 29, 2024 1:06 PM EDTIn a recent note, RBC Capital analysts highlighted the robust state of US equity flows, even as they keep a vigilant eye on the potential end to the current market pullback.
The note detailed several key observations about the market's recent performance and investor sentiment. Firstly, earnings season has been satisfactory, keeping RBC in the "tired goldilocks" camp.
Despite some disappointing news from a few mega-cap growth companies, the bank said the... More
