Apple Inc (NASDAQ:AAPL, ETR:APC) has received more daunting news for its iPhone sales, with Jefferies analysts noting a 30% year-on-year decline in Chinese sales in the first week of 2024. Jefferies also noted that full-year sales in China fell by a total of 3% in 2023, according to the bank’s internal data. China is Apple’s third-largest market, and plummeting demand raises big questions for the world’s largest company’s earnings in the year ahead. Last week, Apple was slapped with ratings downgrades from ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

About this content About Jeremy Cutler Jeremy has worked extensively in the world of financial journalism as a reporter at ICV News, deputy editor at S&P Marketscope and as a senior reporter for Thomson Financial’s Marketeye.  A qualified accountant, former finance director and with a degree in Economics, Jeremy is well placed to analyse and explain the ups and downs of UK, European and US stockmarkets in Proactive’s daily market report Read more About the publisher Proactive financial news and online br ...

Amazon.com Inc (NASDAQ:AMZN, ETR:AMZ) is reportedly poised to announce a major investment in offshore wind as part of a bid to power all of its UK operations with renewable energy from next year. According to the Mail on Sunday, Amazon is to unveil the deal later this month, which will relate to the Moray West wind farm off the north-east coast of Scotland. This will see the retail giant source energy from the site through a power purchase agreement, reports said. Moray West is currently under construction ...

SpaceX-rival United Launch Alliance (ULA), a joint venture between Boeing Co (NYSE:BA, ETR:BCO) and Lockheed Martin (NYSE:LMT), launched its new Vulcan rocket bound for the moon on Monday. ULA’s next generation Vulcan, itself a successor to the Delta IV and Atlas V rockets, successfully launched from Florida’s Cape Canaveral Space Force Station on Monday morning. MISSION SUCCESS! ULA's #VulcanRocket successfully performed its #Cert1 flight test today! Thank you to the engineers, technicians and teammates a ...

Core Viewpoint - Argo Blockchain PLC experienced a significant drop in share price following a new equity round, indicating market reaction to capital raising efforts [1] Group 1: Equity Round - The company raised £7.8 million through an equity round, issuing new shares at 20.5p, which represents a 24% discount to the previous closing price [1] - The discount is only 1% when considering a volume-weighted 30-day average [1] - Proceeds from the equity placement will be allocated for working capital, debt repayment, and general corporate purposes [1] Group 2: Operational Update - In December, Argo Blockchain mined 155 bitcoins, reflecting a 4% increase month-on-month [1] - The company generated $6.6 million (£5.2 million) in revenue, which is a 25% increase month-on-month [1] - At the time of reporting, shares were trading at 22.75p [1]

Tesla Inc (NASDAQ:TSLA)’s Model Y claimed the title as the UK's most-bought battery electric vehicle (EV) for the second year running in 2023, Society of Motor Manufacturers and Traders (SMMT) data revealed on Friday. Some 35,899 models of the car were sold in the UK over the year, marginally up on 35,551 in 2022, placing it above models by the likes of MG, Audi and Polstar. Top five best-selling EVs in 2023 (SMMT): Tesla Model Y - 35,899  MG4 - 21,715  Audi 04 e-tron - 16,757   Tesla Model 3 - 13,536  Pol ...