Categories: Business News

Apple set to lose nearly $500 billion in value after weak forecast

By Aditya Soni and Rashika Singh July 31 (Reuters) – Apple shares fell nearly 10% on Friday after a disappointing forecast showed that the iPhone maker was struggling…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: August 1, 2026 17:35:09 IST

By Aditya Soni and Rashika Singh July 31 (Reuters) – Apple shares fell nearly 10% on Friday after a disappointing forecast showed that the iPhone maker was struggling to secure enough components as

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: August 1, 2026 17:35:09 IST

Recent Posts

Binance $6.3 billion heist to prompt closer scrutiny by insurers

(Corrects typographical error to "insureds" from "insurers" in paragraph 14) By Noor Zainab Hussain and…

November 7, 2026

Wall Street stocks in relief rally after heavy AI-related selloff

By Chibuike Oguh and Marc Jones NEW YORK/LONDON, Nov 6 (Reuters) - Wall Street equities…

November 7, 2026

Masumi Mewawalla Brings Her Signature Couture Aesthetic to Coffee with Couples

The designer joined Chairman’s Collection by Raymond × Vows Vachan as the exclusive bridal and…

November 7, 2026