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The Latest Breaking News from Barclays

Apple's share price just tanked, weeks before the expected Vision Pro launch — AAPL down more than 4% after major bank issues price warning

Barclays downgrades Apple share prices, as the broker names reasons that the firm could struggle in 2024.

iMore

Broader Market Settles Lower on Weakness in Tech Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.68%. Stocks on Tuesday settled mixed, with the S&P...

Barchart

Stock Market Today: Stocks Retreat on First Trading Day of Year

Two of the major benchmarks ended in the red, while the blue-chip average was essentially flat.

Kiplinger

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What’s behind Apple’s $100 billion market-cap loss today? A major downgrade that has investors worried about slowing iPhone sales is the key culprit

Barclays warned on Tuesday that iPhone sales aren't living up to the hype—but that’s not the only factor dragging down America’s most valuable company.

Fortune

Stocks Under Pressure as Technology Stocks Stumble

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.75%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.77%. Stocks this morning are lower, with the S&P 500...

Barchart

Markets Today: Stocks Retreat as Bond Yields Climb and Tech Stocks Fall

Morning Markets March E-Mini S&P 500 futures (ES H24) are down -0.79%, and March Nasdaq 100 E-Mini futures (NQH2 4) are down -1.10%, both at 1-week lows. Stock index futures this morning are falling due to weakness in technology stocks. Apple is down more than -2% in pre-market trading after...

Barchart

UK University Students Initiate 'Career Boycott' in Protest Against Barclay's Climate Policies

More than 220 students from Barclays' top recruitment universities won't work for Barclays unless they terminate all financing for oil and gas companies.

International Business Times UK

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Dow Jones Falls 195 Points As Apple Slides On Downgrade; Tesla Rallies On Q4 Deliveries

The Dow Jones dropped 195 points Tuesday as Apple stock sold off on a downgrade. Tesla stock dropped despite strong fourth-quarter deliveries.

Investors Business Daily

When is the next Palestine solidarity protest taking place in London?

Hundreds of thousands of people have participated in marches around the world in recent weeks

Evening Standard

Analyst Hits Sell Button On Apple Stock As 2024 Begins. Here's Why.

Investment bank Barclays on Tuesday downgraded Apple stock to underweight, or sell, from equal weight, or neutral.

Investors Business Daily

A 'skimpflation' plague took over supermarkets in 2023 with consumers saying products are smaller and sometimes worse quality for the same price—if not more

Shrinkflation and skimpflation meant shoppers spent more on grocery items for less value as their money didn't go as far as before, Barclays data shows.

Fortune

Britons cut back on dining out and buying clothes, Barclays reveals

Annual card spending report says consumers are prioritising travel and nights out and buying value-range groceries amid cost of living crisis

The Guardian - UK

Simply by being herself, Madonna is still challenging stereotypes

The coolest person on earth is a 65-year-old woman, without whom life might be very different and definitely not as fun

The Guardian - US

And the winners of the 2023 awards for worst customer service are …

We celebrate the companies that went the extra mile … to inflate their balance sheets and let down loyal customers

The Guardian - UK

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The Guardian - UK

UK students launch Barclays ‘career boycott’ over bank’s climate policies

Campaign at leading universities such as Oxbridge and UCL warns lender it will miss out on top talent if it finances fossil fuels

The Guardian - UK

UK mortgages: trial to rule on deals that left people with huge debts

Decades after shared appreciation mortgage launch, case brought by law firm due to reach high court

Top News

Barclays Predicts May 2024 Rate Cut by BoE

Exciting speculations arise as Barclays predicts a potential rate cut by the Bank of England in May 2024. Stay tuned for some monetary policy maneuvers!

The Guardian - UK

Cambridge University reportedly could drop Barclays in favour of greener bank

UK lender is a major European funder of oil and gas projects and university has said it does not want to back fossil fuel expansion

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The National (Scotland)

Palestine rallies to take place across Scotland this weekend – see where they are

ACTIVISTS are set to gather at a number of demonstrations across Scotland this weekend to call for a ceasefire in Gaza.

Investors Business Daily

Airbnb, Expedia Downgraded As Analyst Sees Pent-Up Travel Demand Fading Next Year

ABNB stock fell early Tuesday following an analyst downgrade. EXPE stock also dipped on worries about pent-up travel demand fading in 2024.

The Guardian - UK

‘Complete disregard’: Charities condemn Barclays over frozen bank accounts

More groups come forward to describe how shutdown suddenly left them unable to pay bills or staff

Investors Business Daily

Oracle Earnings Watch: AI Push, Cloud Progress In Focus

What's at stake for Oracle stock heading into ORCL's fiscal second quarter earnings report? Its AI push will be in focus.

Investors Business Daily

IBD Stock Of The Day: AMD Surges After Rolling Out New AI Chip To Challenge Nvidia

AMD stock is surging the day after the company unveiled a line of chips optimized for AI.

Investors Business Daily

Why U.S. Chip Sanctions Against China Aren't Working

U.S. trade restrictions on selling advanced semiconductor equipment and chips to China have done little to slow China’s chip industry ambitions.

The Guardian - UK

Charities and churches left in financial disarray after Barclays shuts accounts

A number of community organisations say they were left struggling after bank closed or froze accounts ‘without warning’

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People

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