š Apple sours
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Hereās what you need to know
Trump Media stock plunged after the company revealed a $58 million loss. The disclosure came less than a week after the social media company founded by former President Donald Trump debuted on the Nasdaq under the ticker DJT.
UPS is becoming the primary air carrier of the United States Postal Service. As if differentiating between USPS and UPS wasnāt already hard enough.
United Airlines wants pilots to take unpaid time off because of Boeingās delayed planes... The news comes less than a month after United told its pilots that it would be initiating a hiring freeze due to the delays.
ā¦meanwhile, McKinsey is paying its employees to look for other jobs. The consulting agency is giving staffers nine paid months to find another gig.
Apple is worrying analysts: By the digits
What happens when you mix tough antitrust scrutiny with slower iPhone sales? A stock thatās down almost 9% year to date and Wall Street analysts that are starting to re-evaluate their bets.
Thatās what is happening to Apple, which is slowly looking less and less like a magnificent stock.
$170: Target price one Wall Street analyst cut Appleās stock to, down from $180
24%: Year-over-year decrease in iPhone sales in China for the first six weeks of 2024
2016: The last year Appleās revenue and earnings per share dropped
Hereās what else analysts are saying.
Home buying is increasingly a six-figure salary ordeal
Americans need an even heftier salary to be able to afford a house in almost half the country.
Weāve got some more numbers for you to mull on:
$402,343: A median-priced home in the U.S.
22: States in the U.S. where homebuyers need a six-figure salary to afford that
$110,871: Average annual income needed to buy a home
50%: Increase in the minimum income requirements since 2020
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