Apple Stock Downgraded On Views iPhone 16 Sales Will Disappoint

Apple (AAPL) stock retreated Monday after Jefferies downgraded it to hold on the view that iPhone 16 sales will disappoint…

Our favorite budget Samsung phone is only $180 for Prime Day

It’s officially Amazon Prime Day, so the deals are coming in hot. The fantastic Samsung Galaxy A15 smartphone is available…

The big winner if OpenAI becomes a for-profit business? Microsoft.

OpenAI is considering transitioning from a nonprofit into a for-profit company, and its deep-pocketed benefactor, Microsoft (MSFT), has a lot…

Oil ‘Tourists’ Pile Into Market Amid Biggest Rally in Two Years

Reza Dilmaghani mostly trades equities, but for the past week he’s been dipping in and out of the oil market,…

Dollar close to 7-week high after strongest week since 2022

The U.S. dollar was just off its highest level in seven weeks on Monday after a rally sparked by Friday’s…

US FAA authorizes SpaceX Falcon 9 vehicle for Monday flight

SpaceX’s workhorse Falcon 9 rocket can return to flight for a mission planned for Monday to launch the European Space…

Oil Bets Most Bullish in Two Years as Mideast Tension Flares

Oil futures posted their largest gain in more than a year last week. And the frenzy was even bigger in…

Japan’s top FX diplomat warns against speculative moves as yen falls

Japan’s top currency diplomat on Monday issued a warning against speculative moves on the foreign exchange market as the yen…

Nvidia Teams Up With Accenture to Boost Corporate AI Use

Nvidia Corp. has expanded a partnership with technology consultant Accenture as part of an effort to drive adoption of artificial…

Why China’s massive stimulus effort might not have any effect until next year

The direct effects of China’s latest stimulus may not kick in until 2025, one researcher says. That’s because Beijing needs…