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Apple faces downgrades from two Institutions; the latest Earnings Reports heightened concerns over tariffs and corporate growth.
On Friday, Apple was downgraded by at least two Institutions after the company's quarterly results heightened investors' concerns about tariffs and its growth potential. Jefferies lowered its rating on the stock to 'underperform,' making it one of the rare Institutions to be bearish on the iPhone manufacturer. Analyst Edison Lee stated that while the results met expectations, 'the impact of tariffs will expand over time, further depressing corporate earnings expectations.' Apple's Earnings Reports showed that some sales fell short of expectations, and it is anticipated that tariffs will increase the company's costs by $0.9 billion in the current quarter. The company also expects...
Reports say that Harvard University seeks to sell its $1 billion stake in a private equity Fund.
A source familiar with the matter said on Thursday that Harvard University's endowment Fund is engaged in in-depth negotiations to sell approximately $1 billion worth of private equity Fund interests. The unnamed source indicated that the sale process began last year and is unrelated to threats by President Trump to cut funding. It is reported that the Harvard Management Company, which oversees the largest higher education endowment Fund in the USA, is taking advice from Jefferies Financial Group to sell its portfolio to private equity firms.
Abu Dhabi Investment Authority Acquires Stake Worth $5M in Jefferies Unit
Investors More Bullish on Jefferies Financial Group (NYSE:JEF) This Week as Stock Climbs 6.2%, Despite Earnings Trending Downwards Over Past Five Years
Jefferies Financial strategists claim that the flowering period for U.S. stocks has passed and recommend Shareholding in Assets from China, India, and Europe.
Christopher Wood, the head of Global Equity strategy at Jefferies Financial, stated that the Market Cap of USA stocks has peaked, and stocks, US Treasuries, and the dollar may decline further. In a telephone interview, Wood said that investors should consider increasing their Assets in China, India, and Europe when rebalancing their portfolios. He noted that the Market Cap of USA stocks reached its peak of MSCI Global Index proportion at the end of December, comparing it to the Japanese market at the end of the 1980s. "USA Assets have reached historical highs," he pointed out. "The dollar has begun a long-term weakening trend, which will reduce the proportion of USA stocks' Market Cap globally."
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