Category: Latest News
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SpaceX Secures $40 Billion in Debt Financing as Musk Warns of AI Cloud Provider Consolidation
SpaceX (NASDAQ:SPCX) has completed $40 billion in debt financing to purchase artificial intelligence chips, according to Elon Musk, who also warned that specialised cloud computing providers could face financial difficulties as access to credit becomes more restricted. In a post on X on Sunday, Musk said the financing would primarily support purchases of graphics processing…
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Apple Reportedly Increases iPhone Duo Production Orders by 30% Following Launch Demand
Apple (NASDAQ:AAPL) has reportedly asked its suppliers to increase production of the iPhone Duo, its first foldable smartphone, following demand that exceeded initial stock availability during the device’s launch. According to a report published on Monday by Taiwan’s Economic Daily, citing industry sources, Apple has requested that suppliers accelerate manufacturing and increase orders by 30%…
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Five Key Market Events to Watch This Week: Fed, Earnings, Economic Data and Geopolitics
Financial markets face a series of major events this week, including interest rate decisions from three central banks, US economic data, quarterly earnings from leading technology companies and elections in several countries. The Federal Reserve’s monetary policy announcement on Wednesday will be a central focus, while investors will also assess the financial implications of artificial…
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US Stock Futures Rise Ahead of Federal Reserve Decision and Major Technology Earnings
US stock index futures advanced on Monday following two consecutive weeks of declines for the S&P 500 and Nasdaq Composite, as investors prepared for a Federal Reserve interest rate decision and quarterly earnings from several major technology companies. At 06:06 ET (10:06 GMT), S&P 500 futures were up 23 points, or 0.3%, while Nasdaq 100…
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Gold Holds Near Three-Month Low as Investors Await Federal Reserve Decision
Gold prices were little changed during Asian trading on Monday after recording a weekly decline of more than 4%, as investors assessed the implications of higher energy costs for inflation and US monetary policy ahead of the Federal Reserve’s October meeting. Spot gold rose 0.2% to $4,005.41 per ounce by 02:28 ET (06:28 GMT), while…
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Oil Prices Decline but Remain Near Six-Month Highs Amid Saudi Arabia Attacks
Oil prices declined on Monday, reversing part of the previous week’s gains as diplomatic efforts to reduce tensions between the United States and Iran continued. However, further attacks on Saudi Arabian energy infrastructure maintained concerns about potential disruptions to regional supplies. Brent crude futures fell $1.90, or 1.63%, to $114.82 per barrel by 09:59 GMT,…
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US Stock Futures Rise as Investors Await Earnings, Central Bank Decisions and Middle East Developments: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures moved higher on Monday as investors prepared for a week of corporate earnings announcements, central bank policy decisions and developments affecting international financial markets. Oil prices declined following reports of diplomatic efforts to reduce tensions between the United States and Iran, while French government bonds recovered some ground after a period of…
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Could Stabilising Bond Yields Support Equities Through Year-End? JPMorgan Sees Scope for Recovery
Why does JPMorgan expect bond yields to stabilise? JPMorgan strategists believe the increase in government bond yields this year may be approaching its limit, potentially reducing pressure on global equity markets during the final months of 2026. In a research note, strategists led by Mislav Matejka reiterated their assessment that the recent rise in yields…
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Why Are Investors Buying Credit Default Swaps to Hedge AI-Related Debt?
What is driving increased demand for credit default swaps? Investors are increasing their use of credit default swaps (CDS) to hedge exposure to debt issued by companies involved in artificial intelligence infrastructure, according to market data and financial industry research. The increase comes as technology companies raise substantial amounts of capital to finance data centres,…
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Is Demand for Apple’s iPhone 18 Pro Weakening? Jefferies Reports Shorter Delivery Times and Order Cuts
What does Jefferies say about demand for the iPhone 18? Jefferies believes demand for Apple’s (NASDAQ:AAPL) iPhone 18 Pro and iPhone 18 Pro Max is showing further signs of slowing, based on delivery times, resale prices and information from the company’s supply chain. In a research note published Monday, analyst Edison Lee said the firm’s…