Jefferies and Loop Capital both downgraded Apple, with Jefferies becoming the rare Wall Street institution to give Apple the equivalent of a sell rating. Although JPMorgan did not downgrade Apple, it cut its price target. Another data shows that Apple's iPhone sales in China fell 18.2% year-on-year in the fourth quarter. In addition, the latest disclosure shows that "Capitol Hill Stock God" sold apples in large numbers. Apple loses the throne of the world's largest company by market capitalization. On Tuesday, the first trading day after US President Trump took office, US stocks generally rose, but Apple fell against the market, and the intraday decline once reached...
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