Core Insights - Apple is set to launch a budget Mac in the first half of next year, marking its entry into the low-cost laptop market for the first time [1] - The new device aims to attract customers from Google's Chromebooks and entry-level Windows PCs, targeting students, businesses, and casual users [1][2] Product Details - The budget laptop, code-named J700, will be priced well under $1,000 by utilizing less-advanced components [3] - It is currently in active testing and early production with overseas suppliers [3] - The laptop will feature an iPhone processor and a lower-end LCD display, with a screen size slightly below 13.6 inches, the smallest of any current Mac [4][6] Market Strategy - Apple is also targeting potential iPad buyers who may prefer a traditional laptop instead [2][5] - This will be the first instance of Apple using an iPhone processor in a Mac, which has shown to perform better than the previously used Mac-optimized M1 chip [6] Financial Performance - Apple reported Mac sales of $8.73 billion in the fourth quarter, exceeding estimates of $8.59 billion [7][8] - The company has forecasted holiday-quarter iPhone sales and overall revenue that surpass Wall Street expectations [7]

Core Viewpoint - Apple is set to enter the low-cost laptop market by launching a budget Mac in the first half of next year [1] Group 1 - The budget Mac will mark Apple's first foray into the low-cost laptop segment [1]

Core Insights - Palantir's stock experienced a significant decline of 8.1% to approximately $190 shortly after market open, marking its largest single-day drop since August [2] - The decline in Palantir's stock contributed to a broader market downturn, with the Nasdaq index falling by 0.9% and other major tech stocks also experiencing losses [2][3] - Despite reporting better-than-expected quarterly revenues of $1.18 billion and earnings per share of $0.21, Palantir's stock still faced downward pressure, indicating potential "rally exhaustion" in the market [1][3] Financial Performance - Palantir reported quarterly revenues of $1.18 billion, exceeding estimates of $1.09 billion [3] - The company's earnings per share were $0.21, surpassing the expected $0.17 [3] - Palantir raised its revenue forecast for the current quarter to $1.33 billion, above the previous projection of $1.19 billion [3] Market Context - The broader market saw declines, with the Dow Jones Industrial Average and S&P 500 dropping by 0.3% and 0.6%, respectively [3] - Major tech companies such as Nvidia, Boeing, Apple, and Cisco also reported stock declines, contributing to the overall market downturn [3]

Market Overview - Major indices experienced mixed results, with the NASDAQ reaching an intra-day all-time high driven by significant deal-making moves, while the S&P 500 posted a small gain [4][5] - Concerns over an AI bubble are rising, particularly following Palantir's 6.9% decline despite beating earnings expectations and providing strong forward guidance [3] Oil and Gas Sector - Oil prices increased modestly, with West Texas Intermediate closing at $61.05 and Brent Crude at $64.84, supported by OPEC+'s decision to halt production increases in January [7] - A notable $12.8 billion all-stock merger between SM Energy Co. and Civitas Resources was announced, creating one of the largest independent U.S. shale producers, indicating potential consolidation in the sector [7] Treasury Bonds - Treasury yields rose across the curve, with the benchmark 10-year note yielding 4.11%, up from 3.93% in late October, reflecting consistent selling pressure [6] Gold and Silver Market - Gold stabilized around the $4,000 level, while silver was at $48.05, with analysts suggesting that gold could rise to $4,200 and potentially $4,700 amid increased geopolitical or market risk [8] Cryptocurrency Market - Bitcoin and Ethereum continued to decline, with Bitcoin touching a support level of $106,508 and Ethereum trading near $3,591, amidst a significant $1.1 billion in cryptocurrency liquidations over two days [9] Analyst Upgrades and Downgrades - Apple Inc. was upgraded to Buy from Hold with a target price of $300 [10] - AbbVie Inc. was downgraded to Hold from Buy with a target price of $237 [12] - CyberArk Software Ltd. was downgraded to Neutral from Buy with a target price of $524 [12] - Broadcom Inc. was added to the Jefferies Franchise Picks list with a target price of $480 [12]

The A bench of justices J B Pardiwala and K V Viswanathan took note of the submissions of lawyer The bench asked the government to take action on the details about online gaming apps given by the petitioner.Gupta submitted details of 2,000 betting and gambling apps to the Centre. Advt The bench has already listed a batch of transferred petitions for hearing on November 4. They challenge online gaming law which prohibits "online money games" and bars banking services and advertising related to them.On ...

Key Points Nvidia's first Blackwell chip wafers in the U.S. were just produced by TSMC. Taiwan Semi is pushing forward by investing $165 billion in U.S. facilities. The chip foundry works with a broad list of clients in many industries. 10 stocks we like better than Taiwan Semiconductor Manufacturing › Nvidia became the first stock with a $5 trillion market cap this past week, and the market sees almost endless opportunities for the artificial intelligence (AI) giant as it releases new, more power ...

The Oracle of Omaha has been socking hundreds of millions of dollars away in an investment that currently yields almost 4%.Warren Buffett will retire as CEO of Berkshire Hathaway (BRK.A 0.50%) (BRK.B 0.39%) at the end of 2025 and leave Greg Abel in charge. The $1 trillion conglomerate constructed by Buffett over the last 60 years operates a diverse array of wholly owned subsidiaries, and also owns a stock portfolio worth about $314 billion as of this writing.But just because Buffett's tenure as the head of ...

Some of 2025's leaders have returned to the list. Others have not, reflecting changes to the economy and the market's mood.What a year for the stock market! Not a bad one -- as of the latest look, the S&P 500 is actually on track to log a 2025 gain of nearly 20%.It's just been a wild (and sometimes confusing) year, led by artificial intelligence (AI) powerhouses like Nvidia, while stalwarts like Apple (AAPL 0.49%) and Amazon have lagged. International trade tensions and lingering inflation have made things ...

Core Insights - The author transitioned from a traditional financial career to focus on personal finance education through online platforms [1] Group 1: Background and Experience - The author has a background in finance-marketing, holds a CFP title, and an MBA in financial services [1] - The author began a career in the financial industry in 2003, gaining experience in private banking for five years [1] - The author has received several promotions and diplomas throughout their career [1] Group 2: Career Transition - In 2016, the author decided to leave the financial industry to travel across North America and Central America with family [1] - The travel experience lasted three months in Costa Rica and was described as an eye-opening adventure [1] - In 2017, the author quit their job to pursue a dream of helping others with personal finance through investing websites [1]

Core Insights - The article discusses Amazon's potential to join the elite $4 trillion market cap club, driven by its diverse growth engines and operational excellence [1][4]. Company Overview - Amazon currently has a market cap of approximately $2.7 trillion and is positioned to grow significantly, with a projected revenue of $714 billion in 2025 [10][11]. - The company has demonstrated a strong track record of performance, with stock price gains of 713% over the past decade, outperforming the S&P 500 [14]. Growth Drivers - Amazon leads the digital sales space, accounting for 43% of visits to online retailers globally and over 40% of the U.S. e-commerce market, with sales growth of 10% in North America and 11% internationally [5]. - Amazon Web Services (AWS) is a major growth driver, controlling roughly 30% of the cloud market and achieving a year-over-year growth rate of 20% in Q3, reaching a run rate of $132 billion [6]. - The advertising segment, while the smallest, is the fastest-growing, with revenue of $17.7 billion in Q3, increasing 24% year over year, making Amazon the third-largest digital advertiser [8]. Future Projections - To reach a $4 trillion market cap, Amazon's stock price would need to increase by about 47%, requiring annual revenue of roughly $1 trillion [11]. - Wall Street predicts Amazon's growth at approximately 11% annually over the next five years, potentially achieving a $4 trillion market cap by 2029 [12]. - Analyst Dan Ives has set a price target of $340 for Amazon, indicating potential gains of 39% over the next 12 to 18 months, supported by AWS's strong growth [13].