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UBS Group: Lowered its target price for Meta Platforms (META.O) from $865 to $766.

2026-07-13

UBS Group: Lowered its target price for Meta Platforms (META.O) from $865 to $766.

Other News
2026-07-13

The New Taiwan dollar fell to 32.226 against the US dollar, a new low since the end of April 2025.

The New Taiwan dollar fell to 32.226 against the US dollar, a new low since the end of April 2025.
2026-07-13

Overseas reports say Apple told suppliers to prepare to produce about 10 mln foldable iPhones this year, above prior 7–8 mln estimates. The reports also say Apple asked suppliers to reserve capacity to make 80 mln iPhones in H2 2026, covering iPhone

Overseas reports say Apple told suppliers to prepare to produce about 10 mln foldable iPhones this year, above prior 7–8 mln estimates. The reports also say Apple asked suppliers to reserve capacity to make 80 mln iPhones in H2 2026, covering iPhone 18 Pro, 18 Pro Max and its first foldable, and that total 2026 handset output could exceed 220 mln. Multiple supply‑chain contacts expressed caution. Counterpoint senior analyst Lin Keyu said a 10 mln foldable target may be high and could reflect elevated component stocking; his current estimate for 2026 foldable shipments are about 6–7 mln.
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