{"id":61468,"date":"2026-04-30T18:38:14","date_gmt":"2026-04-30T22:38:14","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/apple-signals-supply-headwinds-as-anz-profits-beat-rivian-warns-of-margin-pressure\/61468\/"},"modified":"2026-04-30T18:38:14","modified_gmt":"2026-04-30T22:38:14","slug":"apple-signals-supply-headwinds-as-anz-profits-beat-rivian-warns-of-margin-pressure","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/apple-signals-supply-headwinds-as-anz-profits-beat-rivian-warns-of-margin-pressure\/61468\/","title":{"rendered":"Apple Signals Supply Headwinds as ANZ Profits Beat; Rivian Warns of Margin Pressure"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/apple-signals-supply-headwinds-as-anz-profits-beat-rivian-warns-of-margin-pressure\/61468\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/apple-signals-supply-headwinds-as-anz-profits-beat-rivian-warns-of-margin-pressure\/61468\/#Apple_Navigates_Supply_Constraints_and_Capital_Shifts\" >Apple Navigates Supply Constraints and Capital Shifts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/apple-signals-supply-headwinds-as-anz-profits-beat-rivian-warns-of-margin-pressure\/61468\/#ANZ_Group_Delivers_Resilient_Half-Year_Results\" >ANZ Group Delivers Resilient Half-Year Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/apple-signals-supply-headwinds-as-anz-profits-beat-rivian-warns-of-margin-pressure\/61468\/#Rivian_Faces_Margin_Pressure_Amid_Launch_Complexity\" >Rivian Faces Margin Pressure Amid Launch Complexity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/apple-signals-supply-headwinds-as-anz-profits-beat-rivian-warns-of-margin-pressure\/61468\/#Healthcare_and_Market_Infrastructure_Developments\" >Healthcare and Market Infrastructure Developments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/apple-signals-supply-headwinds-as-anz-profits-beat-rivian-warns-of-margin-pressure\/61468\/#Geopolitical_Tensions_and_Macroeconomic_Slump\" >Geopolitical Tensions and Macroeconomic Slump<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>)<\/strong> issued a cautious outlook for the June quarter, projecting <strong>gross margins between 47.5% and 48.5%<\/strong> while warning of <strong>substantial rises in memory costs<\/strong> and supply constraints for Mac models.<\/li>\n<li><strong>ANZ Group (<a href=\"\/stock\/ANZ\">ANZ<\/a>)<\/strong> reported a <strong>half-year cash profit of A$3.78 billion<\/strong>, surpassing analyst estimates of A$3.69 billion, and maintained a steady <strong>interim dividend of A$0.83 per share<\/strong>.<\/li>\n<li><strong>Rivian (<a href=\"\/stock\/RIVN\">RIVN<\/a>)<\/strong> management warned that <strong>vehicle launch complexity and supply chain risks<\/strong> will weigh on gross profits through Q2 and Q3, despite rising demand for electric vans.<\/li>\n<li><strong>AstraZeneca (<a href=\"\/stock\/AZN\">AZN<\/a>)<\/strong> received a major regulatory boost as an <strong>FDA Advisory Committee voted 7-1<\/strong> in favor of recommending <strong>Truqap<\/strong> for the treatment of PTEN-deficient prostate cancer.<\/li>\n<li><strong>New Zealand\u2019s consumer confidence<\/strong> plummeted <strong>12.0% month-on-month<\/strong> in April, with the ANZ Consumer Confidence Index dropping to <strong>80.3<\/strong>, signaling deepening economic pessimism.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Apple_Navigates_Supply_Constraints_and_Capital_Shifts\"><\/span>Apple Navigates Supply Constraints and Capital Shifts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>) CEO Tim Cook informed investors that the company anticipates a <strong>substantial rise in memory costs<\/strong> during the June quarter. The tech giant also expects <strong>supply constraints<\/strong> to center primarily on several <strong>Mac models<\/strong>, which may impact near-term availability.<\/p>\n<p>In a significant shift in financial strategy, the <strong>Apple CFO<\/strong> announced that the company is <strong>no longer providing a net-cash neutral capital allocation target<\/strong>. Despite this change, the company remains committed to its <strong>US advanced manufacturing program<\/strong>, intending to reinvest any recovered funds from <strong>tariff refunds<\/strong> back into domestic production.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"ANZ_Group_Delivers_Resilient_Half-Year_Results\"><\/span>ANZ Group Delivers Resilient Half-Year Results<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>ANZ Group (<a href=\"\/stock\/ANZ\">ANZ<\/a>) posted a <strong>half-year cash profit of A$3.78 billion<\/strong>, beating the A$3.69 billion expected by markets. While the <strong>Cash Net Interest Margin (NIM) of 1.53%<\/strong> slightly missed the 1.55% estimate, the bank noted that the impact of the &quot;current crisis&quot; on its credit and liquidity positions has been <strong>minimal<\/strong>.<\/p>\n<p>The bank&#39;s <strong>CET1 ratio stood at 12.4%<\/strong>, and it proposed an <strong>interim dividend of 83 Australian cents<\/strong>. ANZ intends to fund this dividend by <strong>purchasing ordinary shares on-market<\/strong>, reflecting a stable capital position despite lifting its collective provisions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Rivian_Faces_Margin_Pressure_Amid_Launch_Complexity\"><\/span>Rivian Faces Margin Pressure Amid Launch Complexity<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Rivian (<a href=\"\/stock\/RIVN\">RIVN<\/a>) CFO Claire McDonough warned that the <strong>complexity of new vehicle launches<\/strong> will weigh on automotive gross profit in the second and third quarters. The company is actively working to mitigate <strong>supply chain risks<\/strong> and elevated costs driven by <strong>macroeconomic and geopolitical factors<\/strong>.<\/p>\n<p>On the demand side, CEO RJ Scaringe noted that <strong>demand for electric vans continues to rise<\/strong>. The company is also seeing an increase in <strong>trade-ins of gasoline vehicles<\/strong>, though it remains wary of potential <strong>IEEPA tariff impacts<\/strong> in future quarters.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Healthcare_and_Market_Infrastructure_Developments\"><\/span>Healthcare and Market Infrastructure Developments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>AstraZeneca (<a href=\"\/stock\/AZN\">AZN<\/a>) shares are in focus after an <strong>FDA Advisory Committee<\/strong> recommended the combination treatment <strong>Truqap<\/strong> for PTEN-deficient prostate cancer. The <strong>7-1 favorable vote<\/strong> marks a critical step toward full regulatory approval for the oncology drug.<\/p>\n<p>In market infrastructure news, <strong>S&amp;P Global (<a href=\"\/stock\/SPGI\">SPGI<\/a>)<\/strong> is reportedly considering new index rules to <strong>speed up the addition of mega IPOs<\/strong> to its benchmarks. This move follows a period of significant large-scale listings that have historically faced long waiting periods for index inclusion.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Geopolitical_Tensions_and_Macroeconomic_Slump\"><\/span>Geopolitical Tensions and Macroeconomic Slump<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Geopolitical risks remain elevated as <strong>Mercuria<\/strong> filed a lawsuit against the <strong>Baltic Exchange<\/strong> over a shipping gauge impacted by the <strong>Hormuz incident<\/strong>. Meanwhile, <strong>Iran\u2019s Foreign Ministry<\/strong> cautioned that it is &quot;unrealistic&quot; to expect swift results from ongoing talks with the <strong>United States<\/strong>.<\/p>\n<p>In the South Pacific, <strong>New Zealand&#39;s<\/strong> economic outlook darkened as <strong>consumer confidence fell 12.0%<\/strong> in April. The <strong>ANZ Consumer Confidence Index<\/strong> now sits at <strong>80.3<\/strong>, down from 91.3, as households grapple with persistent inflation and high interest rates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Apple (AAPL) issued a cautious outlook for the June quarter, projecting gross margins between 47.5% and 48.5% while 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