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Reading Time 2 minutes

Apple shares came under pressure after Jefferies downgraded the stock to Underperform and cut its price target to $263.66, citing concerns that plans for a highly anticipated all-glass iPhone have been scrapped. Analyst Edison Lee pointed to production challenges, rising memory costs and uncertainty around Apple’s AI strategy, adding to recent concerns over the tech giant’s growth outlook.

Clock11/08/2026

Randy Boyagoda’s new novel, “Lords of Serendipity,” delivers a biting satire of cheating, politics and dysfunction across modern universities.

Completed in 2025 by Wolveridge Architects and S. Smith Builders, this extraordinary 51-acre Mornington Peninsula estate combines award-recognised architecture, genuine farming infrastructure and remarkable self-sufficiency.

Reading Time 3 minutes

SHEIN’s Hong Kong IPO wiped a $4.4 billion obligation from its books, but the fast-fashion giant still faces a payout of up to $3.5 billion to early investors.

Clock01/09/2026
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