Apple: Analysts say the iPhone 15 has not been selling as well in China as its predecessor. Counterpoint Research said last week that iPhone 15 sales in China were down 4.5% versus the iPhone 14 in the first 17 days after its market launch.
(Reuters) -Under Armour posted a surprise first-quarter profit and beat sales expectations on Tuesday, as cost pressures eased and higher discounts upheld demand for the sportswear maker's clothes and footwear. Under Armour, like many other clothing brands, has been offering steep discounts in a bid to clear its bloated inventories and attract budget-conscious consumers that have cut back on non-essential purchases amid still high inflation. "Under Armour is making progress," said BMO Capital Markets analyst Simeon Siegel, adding that for better or worse, promotions would still exist across retail.
U.S. oil benchmark settles at nearly a 3-week low, below $80 on recession fears Oil futures on Thursday extend a retreat that's seen the U.S. benchmark slip back below $80 a barrel.
Natural Gas Finishes Slightly Higher Despite Storage Data
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Oil ends slightly higher as traders weigh demand outlook after China GDP data Oil prices end slightly higher Tuesday after data show a rebound in China's economic growth in the first quarter following the lifting of COVID curbs.
U.S. Appeals Co. | 12:16am
EMEA Morning Briefing: Stocks Seen Higher Amid Focus on Earnings, Fed Rates morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.