|
![]() |
![]() Ryan VlastelicaFortune |
“You’d be hard pressed to look at Amazon’s multiple here and not see it as appealing," said Clayton Allison, portfolio manager at Prime Capital...
The Nasdaq 100 Index is down 7% in 2025, and Apple is responsible for nearly a fifth of that decline, according to data compiled by Bloomberg.
"I'm not overly optimistic this will be the kind of report we’ve seen a lot from Nvidia ... That could lead to a massive selloff.”
The move may reflect concerns about whether it’s building more AI computing than it will need over the long term, TD Cowen said in a report.
“There had been questions about the impact production delays could have, so these updates are reassuring.”