Apple Shipments Decline📱GL CPNG 📈 GTII IBRX 📉

FlowBank's hand-curated fresh financial news [header_noDither] Apple's iPhone Shipments Decline as Chinese Brands Surge In the first quarter of 2024, Apple's iPhone shipments dropped by 9.6% to 50.1 million units, marking the steepest decline among the top five smartphone brands. This downturn allowed Samsung to reclaim the top spot in the global market, with Xiaomi and Transsion also experiencing significant growth. Despite overall smartphone shipments increasing by 7.8% to 289.4 million units, Apple's market share fell, influenced by strong competition from Chinese manufacturers like Xiaomi, Transsion, and Huawei. WHAT'S MOVING [Group 1742 (67)-1] [Start Trading](113/cXx8Z04/VW91kN1VP2bPW426JVc6NL02PW7Wb0M15cW_ZmN2QYvzF2-ZVTW6N1vHY6lZ3mlW3-WT0q5gpq0fW18k5y39kd8f6W8DX9cp2kKKstN5whWfw8ZzByW8JhWzg4xVZYDW4DF0lK84Xp5RW8Y6Wjm6zpL6MW6-nQlv7cClvHW581kRy2-27N7W3TffFs1kYhr1F8ylQ5sN3BGW1lCRfK8m1f_SW5BJ6624XjNtpN6MgMc6DTVt_W3-BgmQ8wGyz6W1RRSL85Jkk63W1K9FdX2cMlVrW5S1Bp-6fc8XqVqz2hT5jSdb_W3Z-yq83cBSCRW2byc_H1k43lTW6ln2gS4M1yjRf4WnJ0R04) [Group 1753 (16)] Tesla Tesla reduced the monthly subscription price of its Full Self-Driving package from $199 to $99, despite earlier statements by CEO Elon Musk that prices would only increase. [Group 1754 (16)] AMD China ordered its telecom companies to stop using foreign semiconductor chips, specifically targeting AMD and Intel, to replace them with domestic chips by 2027, affecting the companies' shares and market operations. [Group 3 (65)-1] Epic Systems Epic Systems terminated access to Particle Health for improperly using patient data in non-treatment related ways, posing risks of HIPAA violations. WHAT'S COMING UP? USD: Core Retail Sales (MoM) (Mar): Exp. 0.5% v Prev. 0.3% USD: Retail Sales (MoM) (Mar): Exp. 0.4% v Prev. 0.6% IN OTHER NEWS Wall Street Stocks fell sharply on Friday last week due to concerns over inflation and geopolitical issues, along with a significant drop in major bank shares. The Dow Jones dropped 1.24%, the S&P 500 lost 1.46%, and the Nasdaq declined by 1.62%. [Group 1769] Europe European markets are set for a mixed start on Monday amidst rising geopolitical tensions after Iran's drone and missile attack on Israel. The UK's FTSE 100 is expected to open down by 0.51%, Germany's DAX is projected to rise by 0.13%, France's CAC is slightly up by 0.05%, and Italy's FTSE MIB is anticipated to decrease by 0.02%. MARKET INSIGHTS Still Time to Invest in Gold at a Record High? It has been a golden start to 2024 with the price of gold shooting to record highs, north of $1300 per oz. Why have the gold bugs returned and is there still time to buy gold? [Read more](113/cXx8Z04/VW91kN1VP2bPW426JVc6NL02PW7Wb0M15cW_ZmN2QYvz22-ZVTW5BW0B06lZ3lCW4xzK7l2Htd6LW8-WB6n1QBsyKW6hylwC5m2s65W5Gz4sq2zbGVjW2h9pdQ1llJGRW4PQjmL9kn3JBVRx3378RPzj6W2KbBSZ6qkY-vW9d7BC36HbKH1W4MGlrC4Wk_rQW7vz0h44MspCCW4w-NwW4lbKBjW8VWFBc3hy3jSW8y18L918MxSDW6kQtQm1vKvfbW234p_M3cNk-0W7dJjBg7f5l8xW9khW2d4Fms2df7v8-YH04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. 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