$Apple(AAPL)$ 🆘️ Court ruling-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Apple(AAPL)$ 🆘️ Court ruling means "shake up" of AAPL monopoly amid broader tech sell-off... ⚠️

#Repost #Breakingnews #AAPL

Apple lost an appeal at Europe's general court challenging a EU decision to classify its iOS operating system and App Store as services that need to be brought to heel under the bloc's landmark tech antitrust rulebook.

"The General Court dismisses all the actions brought by Apple," the court said on Wednesday.

The decision is a blow to Apple as the tech giant battles the Digital Markets Act, an EU law that came into force in November 2022. The DMA classifies a handful of the world's most powerful tech companies as "gatekeepers", arguing that they control the routes to market online such as search engines, app stores and web browsers. It then gives them a list of rules to follow in Europe designed to level the playing field in the digital economy.

Intel Crashes 9.7% to Lead Chip Losses — Is the Turnaround Story Getting Worse?

Intel (INTC) plunged 9.66%, breaking below $111 to become the hardest-hit mega-cap chipmaker, as Samsung's earnings ignited a semiconductor selloff compounded by rising oil prices from Iran tensions — pressuring risk assets broadly and ending the Dow's winning streak. Already lagging in the AI chip wave, Intel exhibited amplified downside on a risk-off day. With macro headwinds stacking on top of structural weakness, is Intel's near-10% drop a contrarian opportunity, or a signal that laggards get sold first?

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