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ASML shares drop 11% after the chip giant says it can't confirm that it will grow in 2026

cnbc.com Arjun Kharpal 2025-07-23 02:53:08

ASML on Wednesday warned of the possibility of no growth in 2026, even as it beat top and bottom line expectations for the second quarter. ASML's guidance for the current quarter missed expectations while it narrowed its own forecast for the rest of the year. Shares of the firm ended the day 11.4% lower. Like many companies in the semiconductor industry, ASML has been grappling with uncertainty created by U.S. tariff policy. The company forecast third-quarter revenue of between 7.4 billion eu

Topics: 2026 asml billion euros expectations
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JPMorgan cuts Apple stock price target on soft iPhone 17 outlook and delayed AI payoff

9to5mac.com Marcus Mendes 2025-08-22 10:13:38

Apple’s stock took a minor confidence hit today, as JPMorgan lowered its price target, though the firm kept its overall rating intact. The adjustment comes as analyst Samik Chatterjee and his team dial back expectations for Apple’s medium-term revenue and earnings, citing weakening demand drivers tied to the upcoming iPhone 17 cycle. Here are the details. A 4.17% reduction, but with no change in rating Chatterjee cut his 12-month price target for AAPL from $240 to $230, citing weaker iPhone 1

Topics: 17 ai apple expectations iphone
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