Apple (AAPL) executives met with Chinese officials to discuss the nation's crackdown on foreign app developers, such as applying for app listings through the government, according to a Wall Street Journal report. Yahoo Finance Tech Editor Dan Howley outlines China's restrictions on tech and how Apple is maintaining its business relations with the country. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
The headwinds are beginning to outnumber the tailwinds in the markets.
Many investors may own Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) in their portfolios but may have a difficult time choosing which stock is a better buy right now. Amazon generates $538 billion of annual revenue, with 17% of that total coming from its cloud services unit Amazon Web Services. It benefits from diverse revenue streams and a large customer base that is attracted to a wide selection of merchandise, streaming entertainment, and other services.