Core Viewpoint - Apple is approaching a significant milestone with a market cap of $4 trillion, driven by strong sales of the iPhone 17, particularly in China and the U.S. [1][3] Group 1: Market Performance - Apple shares are currently up 1%, just shy of the $4 trillion market cap milestone [1] - JPMorgan has raised its price target for Apple to $290, indicating a potential upside of 10-12% from the previous closing price [2] Group 2: Product Performance - The iPhone 17 base model is performing exceptionally well in China due to subsidies, while the Pro and Pro Max models are also seeing strong sales in the U.S. [3] - Although the iPhone Air is not selling as well, the success of the higher-end models compensates for this [4] Group 3: Future Expectations - Analysts expect robust topline revenue growth in the high single digits for both the September and December quarters [2] - There is optimism surrounding the iPhone 18 and the 20th anniversary edition of the iPhone, which are anticipated to introduce new features and form factors [8] Group 4: Market Sentiment - The market has adjusted to Apple's current lack of significant AI developments, with expectations for AI updates to come next year [4][7] - Lead times for iPhone orders remain longer than the previous year, suggesting higher demand and contributing to positive market sentiment [7]

wildpixel/iStock via Getty ImagesThe iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) is an exchange-traded fund designed to provide investors with current monthly income by investing in a diversified portfolio of US dollar-denominated emerging market fixed income issuances. EMB is a low-cost strategy with an expense ratio of 39 bps and has an annualized distribution rate of $4.86/share, providing investors with a 30-day SEC yield of 5.55%. EMB has $15b in assets under management (AUM), of ...

[Music] Top of the morning from Yow Fines's New York City headquarter studios. I'm Yao Fines executive editor Brian S. You're watching Optimal Bank Holdings ringing the opening bell at the New York Stock Exchange on this Monday and fortunate getting trading underway over at the NASDAQ.promises to be a super busy week for the markets. And if you are ready for the smoke, I encourage you to get ready starting right this very moment. The Fed is likely get likely to cut rates for the second straight time in its ...

Core Insights - Pinterest has announced new AI-powered features aimed at personalizing user experience on its platform, including "Styled for you" collages and "Boards made for you" [1][5] Group 1: AI Features - "Styled for you" collages enable users to create outfits by combining clothing and accessories based on their style preferences, with AI recommendations for mixing and matching [2] - "Boards made for you" are personalized boards that blend editorial input with AI suggestions, featuring trending styles and shoppable content, initially being tested in the U.S. and Canada [3][5] - The company aims to transform Pinterest boards from organizational tools into personalized shopping and inspiration platforms, aligning with its goal of becoming an "AI-enabled shopping assistant" [5] Group 2: User Controls and Updates - Pinterest is also implementing measures to manage AI-generated content, including labeling AI-generated images and allowing users to reduce AI-generated Pins in their feeds [6] - New tabs will be introduced to categorize Pins, including "Make It Yours" for fashion and home decor recommendations, "More Ideas" for related Pins, and "All Saves" for easy access to previously saved Pins [7][11]

Canada is launching an anti‑dumping investigation into imports of truck bodies from producers operating in or exporting from China. The Canada Border Services Agency (CBSA) is set to determine whether these imports are being sold in the country at dumped prices or are benefitting from government subsidies. The inquiry comes after a complaint lodged by Morgan Canada and Morgan Transit, manufacturers of truck bodies based in Bolton, Ontario, and Laval, Quebec, respectively. The complainants allege that a ...

Subscribers to Chart of the Week received this commentary on Sunday, October 26.The year seems to be flying by, with the last week of October rapidly approaching. October has been a month filled with enough volatility to give any investor whiplash, though all three major indexes look positioned to eke out healthy monthly wins. There are several names worth keeping close to the belt going into November, as fall continues and 2025 wraps up.One of our favorite monthly routines is getting a fresh batch of data ...

Chinese new energy vehicle (NEV) maker Seres Group has filed for a secondary listing in Hong Kong, seeking to raise HK$13.18bn ($1.7bn). According to its stock exchange filing, the company plans to offer 100.2 million shares, with a maximum price of HK$131.50 per share. Pricing is scheduled to be determined around 3 November, with trading expected to begin on 5 November. Around 10% of the offer will be earmarked for retail investors, with the remainder allotted to institutional buyers. The retail subsc ...

The retail sector has battled a variety of economic challenges this year that have resulted in a decline in revenues for certain companies and financial distress. Retailers have often blamed higher costs of labor and products driven by rising inflation, increased interest rates on their debt obligations, changing consumer preferences for brick-and-mortar retail shopping, and lingering effects of the pandemic. In some cases, those specific economic issues didn't contribute significantly to companies' dist ...

Leslie, yeah, the uh Federal Federal Dallas Federal Reserve's uh business activity index rising to minus5 from minus 8.7%. So, still challenged, but not as challenged as it was in the prior month. The outlook for business activity remains positive at 7, but it did drop down from 8.4%.These surveys do a decent job of following the outlook for uh the general numbers for the uh national economy. Each survey is a little different. Uh production was unchanged at 5.2%.New orders index remains negative at minus 1. ...

Key Takeaways Willis Towers Watson likely saw revenue gains from solid global growth across all business segments. Health and Wealth units benefited from new business wins, client focus, and product launches. Career and Corporate Risk & Broking growth offset higher expenses from incentives and consulting. Willis Towers Watson Public Limited Company (WTW) is expected to register an improvement in its bottom line but a decline in the top line when it reports third-quarter 2025 results on Oct. 30, before the o ...