Barclays cut its Apple price target from $144 per share to $133 per share and said it’s also slashing its revenue estimates by 7%.
This year’s disclosure suggests that Apple’s App Store growth has plateaued.
The Federal Reserve’s favorite inflation gauge shows a slowing trend, but the outlook remains murky for 2023.
Shares of Roblox are off by more than 70% year to date as weak ad spending and the strength of the U.S. dollar weighed on the company’s revenue.
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