Apple (AAPL.US) shares are down more than 2.5% today after Wall Street received anonymous reports of planned cuts in iPhone deliveries by 10 million units from Q4 2024 to the first half of 2025, suggesting weaker demand. Additionally, the U.S. consumer agency CFPB is set to prohibit Goldman Sachs from offering credit cards in partnership with Apple Pay, as both companies were found to have violated consumer protection laws. Goldman is to pay $19.8 million in compensation and a $45 million fine, while Apple will face a $25 million penalty.
Source: xStation 5
TSMC Earnings Preview: Will the Key Semiconductor Supplier Surprise the Market?
US Open: American Indices Rally on Anticipated End of Fed Balance Sheet Reduction
Bank of America, Wells Fargo, and Morgan Stanley: Q3 2025 Earnings Overview
Abbott reports no surprises in Q3, but tariff risks and lowered forecasts drag the share price down💡