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The Latest Breaking News from Counterpoint Research

Stock Market Today: Dow Drops 404 Points Ahead of Powell's Testimony

The main indexes sold off sharply as anxiety ramped up ahead of tomorrow's congressional testimony from Fed Chair Powell.

Kiplinger

Equities Slide on Weakness in Technology Stocks

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.87%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.77%. Stock indexes this morning are moderately lower on weakness in technology stocks. Some...

Barchart

Tech Stock Weakness Weighs on the Overall Market

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.49%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.95%. Stock indexes this morning are moderately lower on some negative corporate news. Apple...

Barchart

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Apple's Iphone Sales In China Drop, Loses Top Spot

Apple's iPhone sales in China have declined by 24%, losing its top-selling position to Vivo. Tough competition from Huawei and pricing pressure from other ...

Top News

Galaxy S24 China Edition Gets Surprising AI Integration

Samsung has lost its title as the world's biggest semiconductor chip maker to Intel due to a memory chip market slump in 2023.

International Business Times UK

Apple offers a rare $70 discount on the iPhone 15 in China as competitors from Huawei and Honor eat into its market share

Analysts say the iPhone maker is facing challenge from Huawei in the premium-end of the smartphone market.

Fortune

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Huawei's homegrown operating system, launched after the company was put on a U.S. blacklist, may soon overtake Apple's iOS in China

Huawei launched HarmonyOS in 2019, a few months after the Trump administration blocked U.S. firms from working with the Chinese company.

Fortune

We hate flagship phone prices, but that didn't stop us from buying them in 2023

We might cringe at the price of modern flagship phones, but that hasn't stopped us from buying them. Premium phones hit record sales figures in 2023, a study says.

Android Central

Design Isn’t Holding Foldables Back Anymore, It's Price

After years of development, there was finally global competition in the foldable market in 2023. But refined design is not enough to get over high prices.

Inverse

India Wants To Become Chip-Making Hub But Local Production Still Lagging Behind

Currently, only 9% of the Indian semiconductor component consumption is met locally, according to global technology market research firm Counterpoint Research.

International Business Times

Stocks Waver on Mixed Economic News and Stronger Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.30%. Stocks this morning are mixed, with the Dow Jones...

Barchart

Chinese retailers are already slashing the prices of the iPhone 15 by over $100 amid reports of a sluggish launch for Apple's latest smartphone

Analyst reports are suggesting that Apple's latest iPhone may be struggling in the Chinese market.

Fortune

Tim Cook crashes a Chinese e-sports tournament as Apple faces competition and censorship in its most important non-U.S. market

Apple's CEO made a surprise stop in Chengdu on Monday as reports show slowing Chinese sales of its latest iPhone.

Fortune

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Zenger

Tesla Slashes Model S, X Prices By Up To 19% — And Makes One Of Them Eligible For Tax Credits

Tesla Inc. has continued its trend of reducing prices, this time targeting its Model S and Model X electric vehicles in the U.S.

Android Central

Smartphone shipments fell, but not as much as Samsung's profits

Samsung posts its Q2 earnings which display a decline in its profits throughout the quarter.

iMore

iPhone sales boom puts India in Apple's top five countries

India is now the fifth biggest iPhone market of all.

Android Central

Here's how much it costs Samsung to make the Galaxy S23 Ultra

A bill of materials analysis suggests it costs Samsung $469 to manufacture the Galaxy S23 Ultra, a device that retails for $1,199.

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iMore

Apple Watch is the overwhelming choice for iPhone-owning smartwatch buyers

New numbers show that iPhone owners who want to buy a smartwatch are buying an Apple Watch first, showing more brand loyalty than other phone owners.

iMore

Apple's iPhone 14 bucks the Chinese smartphone trend

Chinese smartphone sales continue to decline, but Apple's iPhone is bucking the trend with sales growth.

TechRadar

Apple sales now make up nearly half of all refurbished phone sales worldwide

Refurbished phones are growing more popular, and Apple is capitalizing on the trend.

iMore

Half of all refurbished phones are iPhones

Almost 50% of the refurbished phones sold worldwide are iPhones, a new report claims.

Android Central

Poll: Would you take $10,000 never to use an Android phone again?

What would it take for you to give up Android forever?

Fortune

It's not just a store: Apple's retail debut in India says a lot about the company's future ambitions

The country could be key to Apple's future growth.

The Independent UK

Apple Inc bets big on India as it opens first flagship store

Apple Inc. is set to open its first flagship store in India in a much-anticipated launch Tuesday that highlights the company’s growing aspirations to expand in the country it also hopes to turn into a potential manufacturing hub

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