Apple set to lose nearly $500 billion in value after weak forecast
Apple shares fall sharply after weak earnings forecast, wiping ~$500B market cap.
· Source: investing.com
Apple issued a disappointing forward guidance that triggered a significant selloff, erasing approximately $500 billion in market capitalization. The move reflects either a material miss on revenue/margin expectations or weak demand signals that recalibrate investor sentiment on the mega-cap tech name. This is a key liquidity event for index futures (Nasdaq exposure) and a potential inflection point for growth/tech rotation.
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