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Benzinga
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RH Posts Downbeat Earnings, Joins Apple, Tesla, Nvidia And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

1. U.S. stock futures dropped with the Dow missing expectations strongly. 2. RH reported lower than expected financial results, causing a 26.6% drop. 3. AAPL shares fell 7.4% in pre-market, but analysts maintained 'Strong Buy'. 4. Tigress Financial raised AAPL's price target from $295 to $300. 5. Overall market sentiment remains bearish, impacting stocks like AAPL.

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FAQ

Why Bearish?

AAPL's pre-market drop aligns with a broader market downturn, suggesting potential future declines.

How important is it?

Increased market volatility affects AAPL due to its significant market cap.

Why Short Term?

Market reactions are typically immediate; AAPL may recover with positive news.

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