The week of November 17-21 is shaping up to be the most pivotal of the earnings season so far. Nvidia’s Q3 results will land on Wednesday, while Fed speakers flood the calendar with commentary on interest rates and inflation. Markets are already on edge, the Magnificent Seven tech stocks are flashing signs of vulnerability, and
Tim Cook’s tenure at Apple may be nearing its end, and attention inside the world’s most valuable company has turned to a key question: who will lead next? People familiar with internal discussions say Apple has ramped up its succession planning in recent months, preparing for Cook to potentially step down as chief executive as
Emirates is preparing to transform its in-flight internet experience by partnering with SpaceX’s satellite service Starlink, reported Bloomberg. The move could position the Dubai-based airline as a global leader in onboard connectivity. However, the deal depends on regulatory clearance from the United Arab Emirates, which has not yet authorised Starlink’s operations. Despite this limitation, the
Micron Technology Inc (NASDAQ: MU) pushed meaningfully higher on Nov. 14th after Morgan Stanley’s senior analyst, Joseph Moore, dubbed it a top pick heading into the new year. Moore raised his price objective on the memory chips manufacturer as well to $325 this morning, indicating potential upside of another 30% from current levels. Following today’s
US stocks fell sharply Friday as renewed selling in technology names weighed on broader markets, extending a volatile week marked by concerns over artificial intelligence spending, shifting interest rate expectations, and uncertainty around delayed government data. The Nasdaq Composite dropped 1.5%, while the S&P 500 fell 1.1%. The Dow Jones Industrial Average declined 479 points,
After months of punishing trade tensions, the US and Switzerland announced a breakthrough deal on Friday that will slash tariffs to 15% from the brutal 39% rate imposed in August. The agreement marks a stunning reversal for the Swiss economy, which saw exports to America collapse by 14% in the three months to September. The
A Texas federal court has allowed a major antitrust lawsuit to proceed, targeting Apple Inc. and OpenAI over claims that their partnership may suppress competition in artificial intelligence. The legal challenge, brought by Elon Musk’s X Corp. and xAI, argues that Apple’s decision to embed OpenAI into the iPhone’s operating system gives the chatbot maker
Google has been ordered to pay €573 million by a German court in a major enforcement of European antitrust law. The decision stems from the European Commission’s earlier finding that the company unfairly favoured its own shopping comparison service in search results. With this ruling, Germany has become the first country to award damages based
Dow futures were under pressure on Friday, falling about 214 points, roughly 0.5% as investors turned cautious ahead of key economic data and fresh Fed commentary. The drop came after a round of hawkish remarks from Fed officials, which dampened hopes for any near-term rate cuts. The weakness wasn’t limited to the Dow either. S&P
Palantir Technologies Inc (NASDAQ: PLTR) has pulled back in recent days amidst a broader sell-off in artificial intelligence (AI) names, driven by valuation concerns and macroeconomic uncertainty. White House officials have hinted that October inflation data may never be released, complicating the Federal Reserve’s rate decision and adding pressure to richly valued tech names like