Apple and BYD, Nestlé guidance, CSX revenue: Stocks in Focus

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A Bloomberg report revealed Apple (AAPL) to have been collaborating with Chinese EV maker BYD (BYDDY) on developing lithium iron phosphate battery cells for the now canceled electric, self-driving Apple Car.

Multinational food brand Nestlé (NSRGY) slashed its full-year 2024 guidance on weakening organic food sales.

Railroad transporter CSX Corporation (CSX) points to damages from Hurricane Helene to have contributed to its third quarter revenue miss.

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This post was written by Luke Carberry Mogan.