[Rewards] Apple sees Q3 sales drop continuing, but service revenue grows 8%
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KEY Figures:
● Total sales were $81.8 billion vs. $81.7 billion estimated, according to Refinitiv consensus estimates, down 1% YoY (year-over-year).
● iPhone revenue was $39.7 billion vs. $39.9 billion estimated, down 2% YoY. Services revenue was $21.2 billion vs. $20.8 billion estimated, up ...

The emergence of ChatGPT has triggered a wave of buying into AI-related stocks, causing an AI investing trend. Some analysts have warned of the risks of investing in AI, while others claimed that AI is "here to stay" and there is "money to be made" in the long run.
David Dietze of Peapack Private Wealth Management claims that investors must be cautious due to "excessive" valuations. Furthermore, he thinks that many companies are...

NIO reports strong third-quarter revenue, whereas higher costs squeeze the margin, bordering on breakeven
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Key Takeaways:
Attitude: NIO delivered 31,607 vehicles in Q3 2022, representing a solid growth of 29.3%YoY. During this quarter, NIO achieved solid top line growth against a challenging environment. To meet the growing user demand and shorten the waiting time, th...