Bernstein: Rising memory chip costs may weigh on Apple's quarterly results, trimming its earnings per share (EPS) forecast to $2.87.
2 hours ago
Bernstein said in a report that a sharp rise in memory chip costs could pressure Apple's iPhone margins in its December quarter, raising the risk of underperforming expectations. The firm has cut its earnings per share (EPS) forecast for Apple from $3.00 to $2.87, below the market consensus estimate of $2.92. Despite expecting near-term margin pressure, Bernstein maintained its "Outperform" rating on Apple and $370 price target, noting that Apple remains a key entry point for consumer AI.
Uniswap processed 140 million trades in August, surpassing the combined total of Cboe BZX and NYSE American.
3 minutes ago
Did GPT-6 Astra Pass "Subject 2"? It Pulled Into the Cone-Marked Parking Space in 5 Minutes and 22 Seconds.
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The 10-year U.S. Treasury yield continues to climb, hitting 5.23%.
3 minutes ago
CZ issues a statement in support of Bitget: Binance, BNB Chain ecosystem and community will do their utmost to help
3 minutes ago
Yilihua: Bitcoin faces a normal correction after climbing to $86,000, adopting a "bearish but not shorting" stance, with ETH showing even stronger momentum.
3 minutes ago
Tether: Exposure to EQIBank, whose assets were seized by the U.S., accounts for less than 0.034% of its total assets.
3 minutes ago
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