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Fly News Breaks for June 6, 2019
AAPL, QRVO
Jun 6, 2019 | 05:08 EDT
Barclays analyst Blayne Curtis downgraded Qorvo (QRVO) to Equal Weight from Overweight and lowered his price target for the shares to $60 from $70. The analyst cites the company's higher relative valuation, concerns of increased radio frequency competition, and potential further impacts from the trade war for the downgrade. Curtis sees "outsized risk" for the RF suppliers given the high exposure to Apple (AAPL) and longer-term competitive risks if China insources more.
News For QRVO;AAPL From the Last 2 Days
AAPL
Apr 19, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Apr 19, 2024 | 05:39 EDT
Apple plans to spend more than $250M on its regional hub in Singapore, including expanding its campus later in 2024, in an effort to reduce exposure to China and diversify its footprint in Asia, The Wall Street Journal's Amanda Lee reports. The expanded campus will run completely on renewable energy, according to the report. Reference Link
AAPL
Apr 18, 2024 | 09:06 EDT
IHG Hotels & Resorts (IHG) launches Apple (AAPL) AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately and securely from their iPhone or iPad to the TV in their guest rooms. AirPlay is available at more than 60 hotels in North America, including properties like InterContinental Buckhead Atlanta, Hotel Indigo NYC Downtown - Wall Street and Holiday Inn & Suites Ottawa Kanata. IHG is the first hospitality company to provide AirPlay functionality as part of its in-room entertainment experience.