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Why Roku lower its earnings guidance?
2.Here are the stocks mentioned by the above Tigers: $Roku Inc(ROKU)$ $Starbucks(SBUX)$ (Not investment advice)
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Last night, $Apple(AAPL)$ down 1.99%. There were 22 Tigers that answered correctly and successfully shared 1000 Tiger coins, with each Tiger getting 45 Tiger coins as a reward! Tiger coins have been issued! CongratulationsοΌ
Below are Today's Key Takeaways.
Top News Move the Market
The Dow Jones Industrial Average fell 378.08 points, or 0.90%, to 41,763.46. The S&P 500 lost 108.22 points, or 1.86%, at 5,705.45 and the Nasdaq Composite dropped 512.78 points, or 2.76%, to 18,095.15.
$Apple(AAPL)$ , heading into its most critical sales period of the year, sparked fresh concerns about revenue growth and lingering weakness in an intensely competitive China market.Following the companyβs quarterly earnings report, Apple said that total sales in the December period will rise by a percentage in the low-to-middle single digits. Analysts had been projecting a 7% increase. The company also posted a decline in China revenue last quarter, falling short of estimates.
U.S.-listed shares of Chinese electric-vehicle maker $Li Auto(LI)$ fell 14% after the company reported a decline in third-quarter profit even as revenue jumped 24%.
Fiscal first-quarter earnings at $Microsoft(MSFT)$ of $3.30 a share beat analysts' estimates of $3.10, and revenue of $65.6 billion topped forecasts of $64.6 billion, but the technology giant fell 6.1% after issuing second-quarter revenue guidance that was lower than expected. Microsoft also forecast rising expenses related to artificial intelligence.
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