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Daily Market Analysis By FXOpen
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[QUOTE="FXOpen Trader, post: 338305, member: 104606"] [B][SIZE=5]AAPL Share Price Rises Nearly 1% after Scrapping Electric Vehicle Plans[/SIZE][/B] [img]https://i.imgur.com/N0LDvVX.jpeg[/img] In 2021, the release of an electric car from Apple was expected in 2025, in 2022, the deadline was shifted to 2026. As it became known yesterday from Bloomberg and WSJ, Apple decided to completely abandon the project. Causes for this decision: → the electric vehicle market turned out to be not so turbulent; → production and technological difficulties; → the strong development of electric vehicle construction in China may also have played a role. Some employees will be fired, others will be transferred to a more promising department related to developments in the field of AI. Despite the fact that the ambitious project, which lasted about 10 years, failed, the price of AAPL shares rose by almost 1% yesterday as a result of trading — perhaps investors positively assessed the reorientation from electric vehicles to a more promising direction related to AI. [img]https://i.imgur.com/btrzp6U.png[/img] [B][URL="https://fxopen.com/blog/en/oa-aapl-share-price-rises-nearly-1-after-scrapping-electric-vehicle-plans/?utm_source=tptforum&utm_medium=analysis&utm_campaign=resolve"]VIEW FULL ANALYSIS VISIT - FXOpen Blog...[/URL][/B] [I][B]Disclaimer:[/B] This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. [/I] [/QUOTE]
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