Weakening FANG Stocks Stir Overnight Volatility in U.S. Futures [Bloomberg Business News]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Bloomberg Business News
A steady weakening in U.S. equity futures snowballed into one of the biggest drops in a month for Nasdaq 100 contracts, as pre-market trading revealed losses of around 1.5 percent in Apple Inc., Facebook Inc., Alphabet and Amazon.com. Facebook was in the spotlight as government officials in the U.S. and Europe were demanding answers from the company after reports that Cambridge Analytica, the advertising-data firm that helped Donald Trump win the U.S. presidency, retained information on tens of millions of Facebook users without their consent. Apple suppliers including Samsung and LG Display fell in Asia as the iPhone maker was said to be producing its own displays for the first time. “The newsflow on Facebook has sparked a risk-off move on the tech sector, coupled with worries over Apple suppliers,” Andrea Tueni, head of sales trading at Saxo Banque France, said by phone. “And all this happens on a week where we have a crucial Fed meeting, so people are tempted
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AAPL
Earnings
- 2/1/24 - Beat
AAPL
Sec Filings
- 4/17/24 - Form 4
- 4/15/24 - Form 4
- 4/15/24 - Form 4
- AAPL's page on the SEC website