FTSE 100 can't hold onto gains and closes in red as Wall Street shares drag
The FTSE 250 fared much better though, adding almost 154 points on the day to close at 19,325
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NASDAQ:AAPL
Apple Inc designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories and sells a variety of related services. The company's product categories include iPhone, Mac, iPad and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS and tvOS. Apple's services include advertising, AppleCare, cloud services, digital content and payment services.
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The FTSE 250 fared much better though, adding almost 154 points on the day to close at 19,325
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While iPhone sales missed, the average selling price came in above analyst expectations at US$793
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Facebook's era of almost non-stop growth appears to have come to an end after the company got buried by a string of data security and privacy scandals
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Also in the frame in pre-market is Spotify Technology and General Motors after yesterday's strong results
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Dow and Nasdaq rally after US President Donald Trump reported a "good conversation" with China on trade, again lifting the mood in the markets
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James Patterson's newest novel "The Chef" is being released on Facebook's Messenger service
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the new iPad will push the envelope on what it can do as the iPhone maker launches a bevy of new products
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The amount of shorts in the FAANG stocks climbed by around 7% in October
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Facebook investors are hoping its results due out on Tuesday will not show any more nasty surprises after its toughest year as a public company
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One analyst believes the company's iPhone business provides a stable foundation to build a high margin services business
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Apple has found services as its second-biggest source of revenue; Netflix workplace culture said to be 'dysfunctional'
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Bears said circling Netflix stock as Google abandons campus tech hub in Berlin
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The Netflix model of spending and borrowing big on content is not sustainable, a finance professor at New York University said
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Facebook executive departures approaching exodus levels; Apple CEO to flag trust and humanity in privacy speech; Netflix denies profiling subscribers on the basis of race
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Amazon may want a large city for its second headquarters; Japan orders Facebook to do better job protecting users' information; Google to keep dominating mobile phones in Europe
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Amazon revisits cities contending for 2nd HQ and buyers of political ads exploiting loopholes in Facebook
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Facebook shows off election 'war room' to fight election manipulation; Google introduces privacy tweak on Chrome after privacy gripes; and Netflix subscriber growth expanding at incredible pace
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The company raised guidance for fourth-quarter revenue, presumably because of strong demand for Apple's new smartphones
The UK blue-chip benchmark finished down over 27 points at 7,026, while the FTSE 250 closed down over 52 points at 18,961.
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Netflix criticizes EU over content requirements; Apple running after 'scammy' apps; Amazon hiring data scientist for benefits department