Workflow
Consumer Tech News (September 8 – September 12): Rally Rolls On As iPhone 17 Underwhelms, Microsoft Bets On AI Chips, Oracle Reports Q1 Consumer Tech News (September 8 – September 12): Rally Rolls On
Benzinga·2025-09-14 19:30

Wall Street marched higher like it had somewhere to be, fueled by faith in looming Fed rate cuts.AI darlings—and the buzz around Apple's iPhone 17 launch—kept the crowd cheering, promising faster growth just ahead.Then came the plot twist: August inflation ticked up to 2.9%, the highest since January.Jobless claims jumped to 263,000—the worst since October 2021—hinting the labor engine is sputtering.Still, traders expect a 25 bp cut on September 17, and are already whispering about more in October and Decem ...