SEC Has Not Approved Bitcoin ETF & Huawei Outsold Apple (AAPL) In China

Bitcoin futures (/BTC) rise on inaccurate Spot Bitcoin ETF report. Caroline Woods discusses this as BlackRock says that the SEC hasn’t yet approved the Bitcoin ETF. She also talks about how Apple (AAPL) iPhone 15 sales in China are off to a weak start. Jefferies notes that iPhone 15 sales are down by a double-digit percentage after Huawei outsold Apple overall. Morgan Stanley expects Apple to post relatively in-line Q3. Tune in to find out more about the stock market today.

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16 Oct 2023

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