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Markets

Apple Stock Has Broken Down. That’s Bad for the Market.

Textsize Apple’s flagship store in Beijing is closed to prevent the spread of Covid-19. Kevin Frayer/Getty Images Manzana stock is in a sorry state, trading now below a price that investors couldn’t resist before—a price that felt it higher in the past several months. This new price—roughly $142 a share on Thursday—is, of course, bad […]

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Business

Saudi Aramco Dethrones Apple As World’s Most Valuable Company: Report

Apple has seen its share price drop over the past month San Francisco: Saudi Aramco on Wednesday dethroned Apple as the world’s most valuable company as surging oil prices drove up shares and tech stocks slumped. The Saudi Arabian national petroleum and natural gas company billed as the largest oil-producing company in the world, was […]