Oil prices fell over 4% following renewed diplomatic talks aimed at easing tensions with Iran, signaling potential relief in global supply disruptions. Meanwhile, chip stocks rallied, supported by gains in Asian markets and a surprise visit from OpenAI's CEO to South Korean chipmakers. Apple prepares to report earnings, expected to influence the tech sector after recent volatility. The US midterm elections are also in focus, with political shifts potentially impacting economic policies and markets.
Apple shares are trading at USD 344.89 on Pluang as of Nov 02, 2026 20:02 WIB, showing a slight 0.03% increase in one day. The stock remains close to its 52-week high of USD 348.91, reflecting steady investor interest ahead of its earnings report. Market participants are watching these developments amid broader geopolitical and economic shifts.
Big Tech companies are heavily investing in AI, often borrowing billions, which pressures their finances and stock valuations. Apple stands out by maintaining a more conservative capital expenditure around $10 billion annually, avoiding heavy borrowi...
Apple will release its quarterly earnings report on Monday, marking the first results under new CEO John Ternus. Investors will watch closely for insights on how Apple is managing higher memory chip prices, faster product rollouts, and its approach t...
US stock markets closed lower last week amid pressure on AI-related stocks, with the Dow down 0.85%, Nasdaq down 2%, and S&P 500 down 0.57%. The Federal Reserve kept interest rates steady at 3.75%-4.00% while upgrading its economic outlook but highli...
Apple CEO John Ternus emphasized that the company aims to integrate AI in its products in a way that genuinely benefits users, rather than using AI just for the sake of it. Despite perceptions that Apple has lagged behind in AI, especially with delay...
Wall Street is expected to remain volatile next week as concerns about AI spending pressure tech stocks. Investors await major earnings reports from Apple, AMD, and others, alongside the midterm elections and the monthly jobs report. CNBC's Jim Crame...
