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Apple unveiled its first foldable iPhone at $1,999 during Wednesday's "Surprise and Shine" event. Analysts said the lower-than-expected price could pressure hardware gross margins even as the device drew broad praise.
Barclays was cut to Neutral from Buy by BofA.
Apple Inc. (NASDAQ: AAPL ) reported the best June quarter in its history on Thursday, but shares still plummeted early Friday. Revenue records in every geographic segment it operates in, with iPhone growth of 22% and the best Mac quarter the company has ever had. The company beat Wall Street estimates. Shares fell 9.7%
Shares of Alphabet Inc. (NASDAQ: GOOGL ) suffered their biggest one-day decline since May 2025 after the company surprised investors with another massive increase in artificial intelligence spending. Wall Street focused on one number: an additional $15 billion in planned capital expenditures for 2026, pushing expected
Beverage and food giant PepsiCo (NASDAQ: PEP ) is set to report second-quarter financial results Thursday before market open. • PepsiCo stock is showing downward pressure. Where is PEP stock headed? Here are the earnings estimates, analyst ratings and key items to watch. Pepsi Q2 Earnings Estimates Analysts expect Peps