Apple has resumed allowing users in India to pay for Apple Account subscriptions and App Store purchases using eligible Visa and Mastercard credit and debit cards, more than four years after suspending the option due to regulatory changes. This phased rollout follows India's updated recurring payments framework, which requires stronger authentication and tokenized card credentials. The move reflects Apple's broader strategy to comply with country-specific rules, enhancing payment options for its growing user base in India. While Apple Pay has not yet launched in India, this restoration may fuel speculation about its future arrival in the market.
In June 2026, the tech sector attracted over $13 billion in investor inflows even though it declined by 3.3% that month. This indicates strong investor confidence in the sector's long-term growth potential, driven by trends like AI development. The S...
Broadcom has extended its chip supply agreement with Apple through 2031, continuing to develop custom ASIC chips for multiple generations of Apple products. This long-term partnership, which accounts for about 20% of Broadcom's revenue, includes conn...
The Vanguard S&P 500 Value ETF (VOOV) maintains a buy rating due to its attractive valuation and strong technical indicators. Trading just under 19 times earnings, it offers a 1.5-point price-to-earnings discount compared to the S&P 500, supported by...
The Dow Jones Industrial Average closed at a record 52,900.07 after June payrolls missed expectations, signaling a cooling labor market. This weaker jobs report eased fears of further Federal Reserve rate hikes, boosting investor confidence and drivi...
In June, U.S. nonfarm payrolls increased by 57,000, falling short of the 114,000 expected, while the unemployment rate unexpectedly decreased to 4.2%. Labor force participation also declined to 61.5%. Memory chip stocks, including SK Hynix and Samsun...
