Apple stock retreated amid a Jefferies downgrade to hold on views iPhone 16 sales will disappoint despite new AI software features.
Apple Intelligence—the company’s brand of AI—will start rolling out this month but Jefferies analyst Edison Lee doesn’t expect it to significantly boost iPhone sales.
Vltava Fund, an investment management company, recently released its third-quarter 2024 investor letter. A copy of the letter can be downloaded here. The portfolio had a surprisingly favorable July and a negative September. The last quarter saw significant movements in stocks overall. The first part of August saw the most market volatility. The major stock […]