Apple shares came under pressure after Jefferies downgraded the stock to Underperform and cut its price target to $263.66, citing concerns that plans for a highly anticipated all-glass iPhone have been scrapped. Analyst Edison Lee pointed to production challenges, rising memory costs and uncertainty around Apple’s AI strategy, adding to recent concerns over the tech giant’s growth outlook.
11/08/2026Apple’s growth engine is showing signs of slowing, as rising costs, weaker services growth and AI competition challenge its profitability. With John Ternus taking the helm, the pressure is on to reignite innovation and sustain investor confidence.
More women are entering the skilled trades, taking on roles in construction, welding and engineering, attracted by high-paying jobs and growing career opportunities. As companies introduce better benefits, greater flexibility and more inclusive workplaces, women are reshaping traditionally male-dominated industries.
Surging demand from AI data centres has driven flash memory prices up fivefold over the past year, giving suppliers such as Kioxia greater leverage over Apple. The shift is increasing storage costs for the iPhone maker, putting pressure on profit margins and contributing to higher prices across its product lineup.
Microsoft is extending voluntary exit offers to eligible employees in the U.S., Canada, the U.K. and India, providing financial support and career planning resources. The time-limited program follows an earlier buyout initiative in April, which was accepted by more than 30% of eligible employees, according to a person familiar with the matter.
27/10/2026
