Apple's stock dropped 3% following reports that it reduced component orders for the iPhone 18 Pro by 15-20% for October due to weaker-than-expected demand and higher memory chip prices. This move impacts Apple and its suppliers like Skyworks, which also saw a stock decline, while Qualcomm and the broader chip sector showed resilience. The order cut raises concerns about premium iPhone demand at higher prices, though Apple's total production outlook remains uncertain as standard models launch later. Investors are advised to watch supplier updates and consider cautious position sizing in Apple shares.
Following the news of Apple's component order cuts, Apple shares on Pluang are down 2.26% at USD 332.71 as of Oct 09, 2026 20:41 WIB, with a typical hold time of 143 days. Skyworks, impacted by the supplier concerns, shows a sharper decline of 7.20% at USD 74.94, while Qualcomm is slightly down 2.28% at USD 172.00, with Pluang order activity favoring buys for both Skyworks and Qualcomm.
A $10,000 investment in the Vanguard Information Technology ETF (VGT) on the day ChatGPT launched in November 2022 has grown to $30,482 with dividends reinvested, outperforming the Invesco QQQ Trust (QQQ), which grew to $26,095 over 3.85 years. The k...
SpaceX is acquiring Grain Management's nationwide 800 MHz spectrum portfolio for $8 billion, pressuring major telecom stocks like Verizon, T-Mobile, and AT&T, which dropped about 6% as Starlink Mobile aims to challenge traditional carriers. Meta has ...
Apple has reportedly reduced its component orders for the new iPhone 18 models by at least 15% due to rising memory chip costs and weaker consumer demand. The company faces higher production costs driven by competition for advanced chips used in AI f...
The Invesco S&P 500 Top 50 ETF (XLG) reduces the S&P 500 to its 50 largest companies by market cap, resulting in a fund dominated by mega-cap tech stocks, especially semiconductors which make up about 26% of the portfolio. The top five holdings—NVIDI...
Despite 10-year Treasury yields reaching 5.3%, one of the highest in decades, major U.S. equity indexes like the S&P 500 and QQQ remain resilient. However, broader market indexes and real estate sectors show sensitivity to rising rates, increasing vo...
