Market Updates: Apple's Downgrade, Guidewire's Revenue Guidance, and Thor Industries' Q3 Sales

Reported 1 day ago

In today's market update, Yahoo Finance reports that Apple has received a downgrade to a Hold rating due to concerns of overvaluation amidst rising AI competition. Meanwhile, Guidewire Software has raised its full-year revenue guidance after exceeding Q3 earnings estimates, demonstrating strong competitive positioning. Additionally, Thor Industries surpassed Q3 sales expectations but anticipates challenges in the upcoming quarters due to macroeconomic pressures.

Source: YAHOO

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