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Apple iPhone weakness in China is overdone, says Wells Fargo analyst CNBC TelevisionWhy was Apple's business in China so different from what analysts predicted? FortuneApple CEO Tim Cook Plugs ‘Wolfs', ‘Palm Royale', ‘Sugar' & IPhone Sales In Mainland China DeadlineNews updates from May 2: Apple's revenue hit by falling China sales; Gazprom plunges to $7bn loss Financial TimesThe iPhone Is Losing Its Cutting-Edge Appeal in China The Wall Street Journal
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Wayfair's sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.
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DraftKings Inc. rang up a huge spike in revenue and raised its full-year sales guidance on Thursday, sending its stock up 3% in extended trading.
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