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Apple's Second Downgrade, Mobileye Prompts Chip Stock Rout
Published 2 years, 1 month ago
Description
Bloomberg's Caroline Hyde and Ed Ludlow break down Apple's second downgrade in a week as analysts caution on slowing iPhone demand. Plus, Mobileye plunges as its full-year revenue forecast falls short of Wall Street estimates, and new data painting a bleak picture for Silicon Valley.
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