Category: Include on Menu
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Apple Loses EU Appeal Over App Store and iOS Gatekeeper Status (AAPL)
Apple (NASDAQ:AAPL) has failed in its attempt to overturn European Union rules that classify the App Store and the iOS operating system as “gatekeeper” services under the bloc’s Digital Markets Act (DMA). EU Court Backs Digital Markets Act Decision The EU’s General Court in Luxembourg upheld the European Commission’s decision to designate both the App…
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Gold Prices Retreat as Trump Questions Future of Iran Peace Agreement
Gold prices moved lower on Wednesday after U.S. President Donald Trump indicated that the interim peace framework between Washington and Tehran had effectively collapsed, boosting oil prices and reviving concerns over inflation. By 09:36 GMT, spot gold had fallen 1.2% to $4,057.09 an ounce, while gold futures declined 2.2% to $4,066.56 an ounce. Trump Says…
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Oil Prices Jump as Trump Declares Iran Peace Framework “Over”
Oil prices climbed sharply on Wednesday after U.S. President Donald Trump said he considered the interim peace framework between Washington and Tehran to be finished, raising fresh concerns over stability in the Middle East and global crude supplies. By 08:46 GMT, Brent crude, the international benchmark, had advanced 5.5% to $78.24 a barrel, while U.S.…
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Wall Street Futures Fall as Trump Declares Iran Peace Framework “Over”: Dow Jones, S&P, Nasdaq
U.S. stock futures moved sharply lower on Wednesday after President Donald Trump said the interim peace framework with Iran had effectively collapsed, adding fresh geopolitical uncertainty to already fragile market sentiment. By 09:03 GMT, Dow Jones futures had fallen 680 points, or 1.3%, while S&P 500 futures were down 71 points, or 0.9%. Nasdaq 100…
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The Missing Market for Silvercorp
As Asian demand for mining equities strengthens, Silvercorp’s proposed Hong Kong listing could broaden its investor base and support a valuation re-rating. For years, Alibaba was one of the most important companies in China, yet much of its shareholder base sat thousands of miles away in New York. Investors debated Chinese consumer spending, Chinese regulation…
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Chip Selloff Snaps Winning Streak as Samsung Miss Sends Nasdaq Sliding
Wall Street’s rally cooled off on Tuesday as a fresh wave of selling hit semiconductor stocks, ending the Dow’s run of record closes. A disappointing reaction to Samsung Electronics’ earnings overnight reignited worries that chip and AI-infrastructure valuations have gotten ahead of themselves, dragging the tech-heavy Nasdaq Composite to its worst day in weeks. Rising…
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U.S. trade deficit widens sharply in May as imports jump and exports decline
U.S. trade gap expands significantly in May The U.S. trade deficit widened sharply in May as imports increased while exports declined, according to data released on Tuesday by the Commerce Department. The trade gap expanded to $77.6 billion in May from a revised $54.6 billion in April. Economists had forecast the deficit would rise to…
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Wall Street set for softer open as technology stocks retreat: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures pointed to a weaker start on Tuesday, with markets expected to surrender part of Monday’s gains as renewed selling pressure emerged across the technology sector. Samsung sell-off dents AI sentiment Technology shares looked set to lead the decline after South Korean memory chip giant Samsung Electronics suffered a near 7% drop…
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BofA resumes Adobe coverage with Underperform rating despite low valuation (ADBE)
Bank sees AI creating long-term competitive challenges Bank of America has reinstated coverage of Adobe (NASDAQ:ADBE) with an Underperform rating and a $190 price target, arguing that while the stock appears inexpensive, the company’s competitive position is increasingly under pressure from generative artificial intelligence. Analysts led by Tal Liani based the valuation on seven times…
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Nvidia shares edge lower after report says DeepSeek is developing an in-house AI chip (NVDA)
Report points to DeepSeek’s custom chip ambitions Nvidia (NASDAQ:NVDA) shares fell 1.6% in premarket trading on Tuesday after a Reuters report said Chinese artificial intelligence startup DeepSeek is designing its own semiconductor for AI computing, a move that could reduce its reliance on hardware supplied by Nvidia and Huawei. According to sources familiar with the…