Apple's Second Downgrade, Mobileye Prompts Chip Stock Rout

Jan 4, 2024 · 42 min · 40.8 MB

0:00-42:32

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Bloomberg's Caroline Hyde and Ed Ludlow break down Apple's second downgrade in a week as analysts caution on slowing iPhone demand. Plus, Mobileye plunges as its full-year revenue forecast falls short of Wall Street estimates, and new data painting a bleak picture for Silicon Valley.

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