Indonesia iPhone ban, Flutter, Tencent buyback: Market Minute
In This Article:
On today's Market Minute, Brad Smith discusses stocks dipping amid concerns over President-elect Trump’s tariff plans.
Indonesia refused to lift its ban on iPhone 16 sales, citing Apple's (AAPL) insufficient local investment into the country.
Flutter (FLUT) — the parent company of sports betting platform FanDuel — is lowering its fourth quarter revenue forecast, attributing the drop to favorable sports betting results, especially during the 2024-25 NFL season.
Tencent's (0700.HK) buys back nearly 4 million of its shares after landing on the US Pentagon's blacklist.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Josh Lynch
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