Apple's Downgrade and Tesla's Deliveries | Bloomberg Technology

Apple's Downgrade and Tesla's Deliveries | Bloomberg Technology
  • Apple stock dropped after Barclays downgraded the company, citing concerns about slowing hardware sales and lack of technological upgrades in future iPhone models.
  • Tesla reported delivering 484,570 electric vehicles in Q4, surpassing its full-year target of 1.8 million. However, Tesla has been eclipsed by Chinese automaker BYD as the world's biggest seller of EVs.
  • The ban on Apple imports of its watches due to patent infringement is still pending, although Apple is working on remedying the issue with potential redesigns.
  • Bitcoin surpassed $35,000 for the first time in a couple of years amid anticipation of the approval of a spot Bitcoin ETF by the SEC. Approval of the ETF could drive institutional funding into Bitcoin.

Summarize and save any online content

Save this summary