Bitcoin (BTC/USD), Apple (NASDAQ:AAPL) – Weekend Stock Spotlight: Meta, Apple, Amazon and El Salvador Feel the Weight of Bitcoin’s Slowdown


Benzinga reviews this weekend’s top stories covered by major media outlets, here are the articles investors need to read.

“El Salvador’s Lonely Bitcoin Experiment: ‘It’s Either the Biggest Fail or the Biggest Scam,'” by Sabrina Escobar de Barron, examines how El Salvador was affected a year after the country passed a law establishing Bitcoin BTC/USD as legal tender.

In Barron’s “How Meta Will Stop Crypto Scams? 6 Senators Would Like to Know,” Angela Palumbo writes that six senators asked Metaplatforms META CEO Mark Zuckerberg to explain how the company combats cryptocurrency scams.

“Tech Stock Outlook Darkens After Rocky Stretch,” by The Wall Street Journal’s Gunjan Banerji, examines signs that the recent rally in tech stocks may be short-lived.

In “Apple’s Medication Reminder Is Coming to iOS 16. Here’s How to Use It” from The Wall Street Journal, Julie Jargon explains how Apple Inc. AAPL helps people remember to take their medicine in its updated Health app with iOS 16.

“Biden seeks to boost American biomanufacturing to compete with China,” by Riley Griffin, details executive order to be signed by president Joe Biden to help grow American biomanufacturing and reduce reliance on China.

In “Amazon Sellers See Bloomberg’s ‘Scary’ Holiday Season as Consumers Retreat”, Spencer Soper writes that Inc. AMZN sellers brace for a tough holiday shopping season as inflation curbs consumer spending.

Also Read: Bulls and Bears of the Week: Apple, Roku, Starbucks and Why Jim Cramer Says to Stay Away from Dogecoin

At the time of this writing, the author has no position in the stocks mentioned.


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