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Brent crude oil rose above $87 per barrel, up 0.10% on the day.
2026-08-11
Brent crude oil rose above $87 per barrel, up 0.10% on the day.
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2026-08-10
Jefferies downgraded Apple Inc (AAPL.O) to Underperform from Hold and cut its price target to $263.66 from $285.56, implying roughly 16% downside to last Friday’s close. Analyst Edison Lee said Apple has canceled a planned all‑glass 20th‑anniversary
Jefferies downgraded Apple Inc (AAPL.O) to Underperform from Hold and cut its price target to $263.66 from $285.56, implying roughly 16% downside to last Friday’s close. Analyst Edison Lee said Apple has canceled a planned all‑glass 20th‑anniversary iPhone due to poor yields; the model was estimated to carry a blended ASP of $2,060 and Apple had planned to extend all‑glass features to future iPhone Pro/Pro Max models to lift ASPs and margins. Jefferies called the cancellation a major setback to Apple’s push for higher‑priced iPhones amid Surging memory costs, lowering its iPhone ASP CAGR for FY2026–31 to 6.8% from 9.0% and trimming FY2028 EPS by 2.1%.
2026-08-11
Libya's National Oil Corporation: If the attacks continue, it will be forced to declare force majeure and completely halt operations at the Zawiya refinery.
Libya's National Oil Corporation: If the attacks continue, it will be forced to declare force majeure and completely halt operations at the Zawiya refinery.
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