ADVFN US – Market Content Editor

Starbucks (NASDAQ:SBUX) is planning to establish a global capability centre in Chennai, India, with approximately 800 jobs expected to be created during the project’s initial phase, Reuters reported on Monday. The news agency cited a government source familiar with the plans. Further details about the investment, development timetable and specific functions of the proposed centre…

Estimated delivery times for Apple’s (NASDAQ:AAPL) iPhone 18 Pro models increased substantially during their second week of orders, bringing waiting periods broadly into line with those recorded for the iPhone 17 series last year, according to a JPMorgan note published on Sunday. The bank reported that average delivery times for the iPhone 18 Pro rose…

Meta Platforms (NASDAQ:META) experienced service disruptions affecting Facebook and Instagram in the United States on Monday, with thousands of users reporting difficulties accessing the social media platforms. According to outage monitoring website Downdetector, Facebook had received more than 17,000 reports of service problems by 3:11 a.m. on Monday, while Instagram had recorded more than 5,000…

UBS has increased its palladium price forecasts for late 2026 and early 2027, citing tighter physical market conditions and more resilient demand than previously anticipated. The bank raised its price projections for December 2026 and March 2027 by $200 per ounce each, while increasing its June 2027 forecast by $100 per ounce. The revised absolute…

Oil prices declined to their lowest levels in 11 days on Monday as investors assessed the possibility of diplomatic progress between the United States and Iran during this week’s United Nations General Assembly, alongside a partial recovery in Saudi Arabian crude exports. Brent crude and US West Texas Intermediate (WTI) futures both touched their lowest…

Piper Sandler has advised caution on increasing equity exposure, citing deteriorating intermediate-term market breadth and momentum despite gains in selected sectors of the US stock market. In a note released Wednesday, the firm highlighted differences in performance across major indices and sectors. The S&P 500 declined 0.48% on Tuesday, while its equal-weighted counterpart gained 0.04%,…

Oppenheimer technical analyst Ari Wald said the Bloomberg Commodity Index’s move above a resistance level dating back to 2014 does not currently indicate a broad-based inflationary threat to equity markets, citing limited participation across individual commodities. The index has surpassed a technical threshold that had remained in place for more than a decade. However, Wald…