Apple’s fall from grace on Wall Street may have wide investor fallout

Call it the Apple turnover. Shares of the tech giant are down over 30 percent from its October high, shedding more than $400 billion in market capitalization from peak to trough. Apple‘s collapse comes amid growing fears over iPhone demand and trade tensions. Last week, the stock fell nearly 10 percent in a day, setting […]

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Hungary’s new slave law risks first general strike since fall of communism

Since re-entering office in 2010, Orban has frequently sought to wrest control of previously independent institutions; curbing judicial independence, restricting news media freedom and plurality and attacking academic organizations. Last year, the European Parliament voted to bring disciplinary proceedings against Hungary for putting the rule of law at risk. “The protests matter to Hungary, and […]

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Tesla 4Q 2018 delivery numbers fall short

Tesla disappointed investors Wednesday, announcing that it delivered 90,700 vehicles during the fourth quarter — short of Wall Street forecasts despite its efforts to ramp up production. Tesla also said it boosted production during the quarter, churning out 86,500 vehicles, up from 80,142 during the third quarter. The electric car maker’s shares fell by as […]

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European stocks fall amid rising trade war fears; Brexit concerns weigh

Europe’s construction and material stocks were among the worst performers, down more than 1.75 percent amid growing trade war concerns. France’s Saint-Gobain sank over 3 percent after J.P. Morgan cut its stock recommendation to “neutral” from “overweight.” Another industry to lead the losses was insurance, which was down 1.75 percent. Looking at individual stocks, Britain’s […]

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