Coronavirus to keep investors on edge, corporate earnings in focus

Coronavirus to keep investors on edge, corporate earnings in focus
Rebecca Howard
Local markets are likely to remain nervous after tech giant Apple pointed to the impact of the coronavirus on global supply chains although much of the domestic focus will be on corporate earnings. Wall Street was in the red after Apple said it didn’t expect to hit its revenue guidance of US$63 billion to US$67 billion for the second quarter of its 2020 financial year. According to Apple, worldwide iPhone supply will be temporarily constrained and demand for its products within China has been affected. Moody’s Investors Service, meanwh...

More Markets

Solar still on the rise, Ecotricity says
Markets

Solar still on the rise, Ecotricity says

Commercial solar generation is up almost 300%.

Expectations of rate cuts boost NZ sharemarket in light trade
Markets Market close

Expectations of rate cuts boost NZ sharemarket in light trade

There were 89 rises and 48 falls on the main board.

Jamie Gray 02 Jul 2025
Smart CEO Anna Scott resigns
Markets

Smart CEO Anna Scott resigns

Anna Scott will take up her new role on October 1.

Staff reporters 02 Jul 2025