Scalper1 News
A stronger dollar and weaker euro and yen will spell trouble for some large U.S. technology companies by the fourth quarter, but Apple (AAPL) is better off than most, says Barclays in a report on currency overhangs on IT stocks. In a separate report, Macquarie Capital warns that the Q3 results of some U.S.-based telecom companies could be impacted as well. Barclays analyst Ben Reitzes says Apple is better positioned than most U.S. IT companies. Scalper1 News
Scalper1 News