Jim Cramer’s top 10 things to watch in the stock market Wednesday
Customers experience an iPhone15 at an Apple store in Shanghai, China, October 7, 2023.
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My top 10 things to watch Wednesday, March 27
1. Apple iPhone sales in China have gotten worse, according to analysts at JPMorgan. Shipments declined 33% year over year and 56% month to month. Some managers will say that Apple has to preannounce results next week because of this. I do not know. I know that any business tied to China is terrible and has not gotten better. Separately, The Wall Street Journal said Apple held preliminary talks with Baidu about using its AI tech.
2. We have four stocks in our portfolio with Chinese exposure to discuss on our monthly call with Investing Club members today at noon ET. We will also provide updates on every holding and announce a new addition.
3. The Food and Drug Administration approved a drug from Merck to treat a rare and life-threatening lung condition called pulmonary arterial hypertension. The company estimates that the drug — which will be marketed as Winrevair and is an injection administered every three weeks —…
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