Business
Why Apple Stock Lost $200 Billion in Market Cap Today
The Federal Trade Commission issued a letter to Apple Chief Executive Tim Cook, warning that the company’s news product may violate federal law by promoting news articles from left-wing news outlets and suppressing articles from more conservative publications.
Apple’s upgrade to its Siri virtual assistant might get pushed back, according to a report from Bloomberg.
A new forecast from flash-memory supplier Kioxia hinted that prices could be rising broadly, hitting Apple’s memory costs.
Overall, Apple’s decline took about $202 billion of market value off of the company, which has a market cap of $3.84 trillion. It was the second largest market cap loss for the company on record, according to Dow Jones Market Data.
Company Participants
Cassie Corneau – Manager of Investor Relations & Strategic Finance
Serge Saxonov – Co-Founder, CEO & Director
Adam Taich – CFO, Treasurer, Principal Financial Officer & Principal Accounting Officer
Conference Call Participants
Tycho Peterson – Jefferies LLC, Research Division
Douglas Schenkel – Wolfe Research, LLC
Puneet Souda – Leerink Partners LLC, Research Division
Daniel Arias – Stifel, Nicolaus & Company, Incorporated, Research Division
Kyle Mikson – Canaccord Genuity Corp., Research Division
Daniel Brennan – TD Cowen, Research Division
Patrick Donnelly – Citigroup Inc. Exchange Research
Mason Carrico – Stephens Inc., Research Division
Subhalaxmi Nambi – Guggenheim Securities, LLC, Research Division
Lu Li – UBS Investment Bank, Research Division
Michael Ryskin – BofA Securities, Research Division
Salem Salem – Barclays Bank PLC, Research Division
Casey Woodring – JPMorgan Chase & Co, Research Division
Matthew Larew – William Blair & Company L.L.C., Research Division
Presentation
Operator
Thank you for standing by. My name is Karli, and I will be your conference operator today. At this time, I would like to welcome everyone to the 10x Genomics Fourth Quarter and Full Year 2025 Earnings Call. [Operator Instructions]
I would now like to turn the call over to Cassie Corneau, Senior Director, Investor Relations and Strategic Finance. Please go ahead.
Cassie Corneau
Manager of Investor Relations & Strategic Finance
Thank you, and good afternoon, everyone. Earlier today, 10x Genomics released financial results for the fourth quarter and full year ended December 31, 2025. If you have not received this news release or would like to be added to the company’s distribution list, please send an e-mail to investors@10xgenomics.com.
An archived webcast of this call will be available on the Investor tab of the company’s website, 10xgenomics.com, for at least 45 days following this call.
Before we begin, I’d like to remind you
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Operator
Thank you for participating in the Investor Meeting for 2025 Full Year Results at Japan Tobacco Inc. today, despite your busy schedules. Since it is a scheduled time, let us get started. Before we start the meeting, I’d like to ask you to make sure that your display name on the Zoom is accurate. Thank you for your cooperation.
In today’s meeting, first, our newly appointed JT Group CEO, Takehiko Tsutsui, who assumed the role in January 2026, will introduce the Business Plan 2026. And Eddy Pirard, CEO of JT International, will follow and explain the tobacco business focus on FY 2025 performance. Lastly, Hiromasa Furukawa, Chief Financial Officer of the JT Group will explain JT Group 2025 results and 2026 forecast. Then we move on to the Q&A session, and this meeting is scheduled to end at 8:00 p.m. Japan Standard Time.
Now I would like to introduce the first presenter, Mr. Tsutsui, please begin.
Takehiko Tsutsui
CEO & President & President of Tobacco Business
I am Takehiko Tsutsui, CEO of the JT Group. Thank you very much for attending our conference call today. And I would like to express my appreciation for your continued support
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10x Genomics, Inc. (TXG) Q4 2025 Earnings Call Transcript
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