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benzinga.com
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AAPL, RIVN, UNH, BMRA, TSLA: Top 5 Trending Stocks Today - Apple (NASDAQ:AAPL), Biomerica (NASDAQ:BMRA)

1. Apple's shares fell 4.04%, closing at $228.26. 2. iPhone sales in China dropped 17% year-over-year. 3. Apple's stock is trading between its 52-week high of $260.09 and low of $164.08. 4. The Nasdaq Composite dropped over 170 points on the same day. 5. Overall market downturn may affect investor sentiment towards AAPL.

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FAQ

Why Bearish?

The significant drop in iPhone sales indicates weakening demand, similar to past declines.

How important is it?

Sales performance in China directly impacts Apple's financial outlook, influencing market sentiment.

Why Short Term?

Immediate sales data could influence stock performance, as seen previously with Apple.

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