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in Tech

China risks loom over U.S. tech giants Tesla and Apple as share prices plunge

by Editor January 4, 2023, 12:33 pm 1.7k Views

Apple's big China headwinds

Apple and Tesla are facing major headwinds in China which is contributing to investor jitters around the two U.S. technology giants.

Tesla shares tanked 12% on Tuesday after the electric carmaker reported deliveries that fell short of analyst expectations, while Apple fell more than 3% as concerns resurfaced about demand for the company’s flagship iPhone in the December quarter.

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