Shares fall as new CEO John Ternus warns margins may weaken in future quarters.
Apple’s growth engine is showing signs of slowing, with new CEO John Ternus cautioning that future margin pressures could emerge despite current high pricing. The warning comes as investors scrutinize the company's ability to sustain its market position amid increasing competition and market saturation.
U.S. Stocks Mixed as Percolating AI Fears Offset Oil Relief
Stocks ended mixed after hopes for U.S.-Iranian negotiations caused a slide in the price of oil, while concerns about a potential AI bust weighed on the technology sector.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing