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Apple hits $4 trillion as iPhone demand soars, but AI lag persists
BusinessLine· 2025-10-29 08:54
Apple briefly topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race.Its stock briefly reached $269.89, giving Apple a market value of $4.005 trillion, before receding and ending the day up 0.1%, giving the company a value of $3.992 trillion.Also readApple’s shares have gained about 13% since the new launches on September 9, in a turnaround that pushed ...
Is Ovintiv Stock a Buy After Evergreen Capital Initiated a Position?
The Motley Fool· 2025-10-29 08:52
What happenedFinancial services company Evergreen Capital Management LLC reported a new stake in Ovintiv (OVV 1.98%) in a quarterly Securities and Exchange Commission (SEC) filing dated October 28, 2025.The fund acquired 1,507,331 shares, with a position value of $60.87 million. The estimated transaction value is based on the average price during the filing period. The full filing is available here.What else to knowThis was a new position for Evergreen Capital Management, representing 1.4% of reported asset ...
Faraday Future Intelligent Electric Inc. (FFAI) Launch Event Highlights Introduction of FX Super One and Visionary Keynote on Intelligent Mobility Prepared Remarks Transcript
Seeking Alpha· 2025-10-29 08:51
活动概况 - 公司在迪拜世界第一阿玛尼酒店暨哈利法塔举办FX Super One中东发布会 [1] - 活动旨在庆祝一个重要的里程碑时刻 [1] 与会嘉宾 - 活动嘉宾包括代表迪拜酋长殿下办公室的Nadhal先生、阿治曼皇室成员Sheikh Rashid bin Nasser Al Nuaimi以及卡塔尔政府代表 [1] - 重要商业伙伴包括FF Investors和MIG Investment Group的CEO Sheikh Abdullah、RAK Motors的Omar Abdullah Al Nuaimi以及美国ZEVO Inc 的CEO Hebron Sher先生 [1] - 公司高管团队出席,包括全球联席CEO Matthias Aydt先生、FX品牌CEO Max Ma先生、中东区域负责人Tin Mok先生以及中东UES和政府事务负责人Morris Gao先生 [2]
Nvidia CEO expects to make announcements with South Korean partners this week
Reuters· 2025-10-29 08:48
Nvidia CEO Jensen Huang said on Tuesday he expects to make announcements with South Korean companies that will please U.S. President Donald Trump and South Korea when he visits the country this week. ...
‘Politically motivated' Fed more likely to cut rates, BNY chief economist predicts
Youtube· 2025-10-29 08:45
Joining me now live is region's chief investment officer Alan Mcnite and BNY Investments chief economist Vincent Reinhardt. Alan, you're on set here with me, so I will turn to you first. Big week for earnings and we're seeing those big increases obviously in earnings expectations.We've got the S&P 500 itself now in double digits expectations for three third quarter growth at 10.5% year-over-year. tech at 23.5%. Are investors even worried about what Jerome Pow will have to say tomorrow with three of the magn ...
SK Hynix sees memory chip 'super cycle' to be prolonged
Reuters· 2025-10-29 08:44
SK Hynix on Wednesday said it expects the global memory chip market to experience a prolonged "super cycle", and that supply growth is likely to be limited just as demand for AI applications expands. ...
Can Orkla India's IPO deliver long-term gains for investors?
The Economic Times· 2025-10-29 08:41
The company sells The company's revenue and profitability have grown over the past three years. Given these factors, investors with high risk appetite may consider the IPO for the long-term.AgenciesSpices and food products co’s revenue and profit growth makes the IPO attractive for long-term, high-risk investors Business Incorporated in 1996, Orkla India offers spices and convenience foods. It is a subsidiary of the Norway-listed Orkla ASA. The company exports to 45 countries and its spices brand Eastern ...
Australia's inflation tops forecasts at 3.2%, highest in over a year
CNBC· 2025-10-29 08:37
Australia's inflation accelerated in the third quarter, with consumer prices rising 3.2% from a year earlier — the fastest pace in more than a year — the Australian Bureau of Statistics said Wednesday. The increase topped the 2.1% rise in the second quarter and came in above the 3% forecast by economists polled by Reuters.The figure also pushed inflation beyond the Reserve Bank of Australia's 2%–3% target band for the first time since the second quarter of 2024, underscoring the challenge policymakers face ...
CORRECTION: Securities Fraud Class Action Against KinderCare Learning Companies, Inc.
Prnewswire· 2025-10-29 08:33
Accessibility StatementSkip Navigation NEW YORK, Oct. 28, 2025 /PRNewswire/ -- A securities fraud class action lawsuit against KinderCare Learning Companies, Inc. (NYSE:KLC) is pending. The lawsuit was filed by Robbins Geller Rudman & Dowd LLP. A previous press release stated incorrectly that Levi & Korsinsky filed the case. This press release makes that correction. There are no other changes. If you suffered a loss on your investment and want to learn about a potential recovery under the federal securiti ...
India’s red-hot IPO market, minting $200 million an hour, mirrors China’s rise
BusinessLine· 2025-10-29 08:32
Six-and-a-half hours. That’s all it took for LG Electronics India Ltd.’s $1.3 billion initial public offering to be fully sold on Oct. 7, marking the fastest take-up in 17 years among major Indian IPOs.It’s offerings like LG’s, the nation’s third biggest for this year, that have made India one of the world’s hottest IPO venues, with total proceeds hurtling toward last year’s record tally of $21 billion.Yet the current listings wave isn’t just about volumes. It’s also about who’s buying these new stocks.Also ...