Apple Launches iPhone Duo Worldwide After AAPL Hits Record High
Apple begins worldwide iPhone Duo sales after AAPL reached a record $348.36, putting demand for its $1,999 foldable and holiday deliveries in focus.
Latest Posts
American Express to Cut 5% of Jobs as It Prepares for AI
American Express plans to cut about 5% of its workforce as it prepares for AI, joining Barclays and Netflix in a broader push to reshape staffing.
Ronaldo Is First Active Athlete to Earn $2 Billion, Forbes Says
Forbes estimates Ronaldo has surpassed $2 billion in career pretax earnings and projects $300 million this season, distinct from his $1.2 billion net worth.
Gold Falls Below $4,000 as Oil Fuels Fed Rate Concerns
Gold touched $3,986.50 before recovering above $4,000 as oil-driven inflation fears and Fed rate expectations kept bullion under pressure.
Sign up for
Newsletters
British Retail Sales Fall 0.4% as Warm Weather Hits Clothing
British retail volumes fell 0.4% in September as clothing and supermarket sales weakened, although sales still rose 0.7% across the third quarter.
Newmont Posts $2.20 Adjusted EPS as Cash Flow Fuels Buybacks
Newmont generates $1.9 billion in quarterly free cash flow, maintains its gold-output target and reports $2.8 billion remaining under its buyback program.
a16z Crypto Rebrands as Frontier, Expands Into AI and More
Chris Dixon confirms a16z Crypto is becoming a16z Frontier, broadening its investment remit while maintaining its commitment to crypto and existing portfolio companies.
Central Bank Gold Buying Tops Four Times Pre-2022 Pace
Goldman estimates central banks bought 79 tonnes of gold in August, while Dutch and French reserve changes highlight a renewed focus on storage and access.
CrowdStrike Stock Rises as NVIDIA Expands AI Agent Security Partnership
CrowdStrike shares rise as Falcon Guardian integrates with NVIDIA OpenShell, with a planned Sentry connection extending AI-agent security to hardware enforcement.
CoreWeave Stock Drops Over 6% a Day After Goldman Upgrade
CoreWeave falls as much as 6.4% early Tuesday after Goldman’s Buy upgrade, as investors continue weighing AI infrastructure returns and financing costs.
Fed Expected to Hold Rates in October and Raise Them in December, Reuters Poll Shows
A Reuters poll finds 94 of 100 economists expect an October Fed hold, while all forecast a December increase as inflation pressures persist.
Amazon Plans Over €16 Billion Investment in Germany for 2027
Amazon plans over €16 billion in German investment in 2027, including €4.8 billion for AWS Frankfurt, alongside satellite internet, logistics and Prime Video.
Bank of America Added 1,000 Contractors to Patch AI-Exposed Software Flaws
Bank of America added 1,000 contractors after AI models including Mythos exposed software flaws; its disclosed remediation costs also include AML work.