Author: usaeverydaylife

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Tuesday and what’s on the radar for Friday’s session. The $4 trillion club Apple and Microsoft both crossed the $4 trillion mark in terms of market cap. Shares of Apple closed at $269. The stock is now up 5.6% in October and up 28% in six months. Apple is the third company to hit $4 trillion . Microsoft crossed…

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TOKYO, JAPAN – OCTOBER 27: U.S. President Donald Trump disembarks Air Force One as he arrives at Haneda Airport on October 27, 2025 in Tokyo, Japan. Takashi Aoyama | Getty Images News | Getty ImagesU.S. President Donald Trump said he expects to lower fentanyl-linked tariffs on China ahead of a much-anticipated meeting with Chinese counterpart Xi Jinping in South Korea.The president told reporters aboard the Air Force One on Wednesday that the fentanyl flows into the U.S. and “farmers” will be among topics that he expects to discuss with Xi on Thursday.When asked whether the potential one-year pause in Beijing’s…

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OpenAI CEO Sam Altman (L) speaks with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images Investors can’t get enough of artificial intelligence, despite worries over the sector’s excessively high valuations.The S&P 500, Dow Jones Industrial Average and Nasdaq Composite rose Tuesday stateside, with all three notching new intraday highs. The major averages were juiced by gains in tech. Nvidia popped nearly 5%, while Microsoft climbed roughly 2%.Both Apple and Microsoft reached a market capitalization of…

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Tourists sit on a bollard at the Sydney Opera House.Afp Contributor | Afp | Getty ImagesAustralia’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 ABS said the most significant price rises were in housing, recreation and culture, and transport.Trimmed mean inflation rate, which excludes extreme price changes in consumer goods and services, rose to 3%,…

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Palestinians try to clear the remains of buildings destroyed by Israeli attacks with limited resources i Khan Yunis, Gaza on Oct. 28, 2025. Mohammed Eslayeh | Anadolu | Getty ImagesIsraeli planes launched strikes in Gaza on Tuesday after Israel accused the militant group Hamas of violating a ceasefire in the Palestinian territory, the latest test of a fragile deal brokered earlier this month by U.S. President Donald Trump.Local health authorities said the strikes killed at least 26 people, including five in a house hit in the Bureij refugee camp in the central Gaza Strip, four in a building in Gaza City’s Sabra neighbourhood, and five in a car in…

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From artificial intelligence to a bitcoin long short trade, emerging hedge fund managers touted their best ideas at the Sohn San Francisco investment conference on Tuesday. AI pick Ravi Paidipaty of Freestone Grove Partners pitched Semtech Corporation , a so-called mixed signal semiconductor company. Semtech will be a winner in next-gen AI data center connectivity, which will drive accelerating growth, margin expansion and significant earnings revision, the manager said. Paidipaty is optimistic about the new CEO Hong Hou who has been focused on internal and external execution. The investors sees 65% earnings-per-share growth for Semtech in the mid-term with long-term…

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Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesAsia-Pacific markets mostly traded higher on Wednesday as investors awaited the Federal Reserve’s interest rate decision, widely believed to bring a second straight 25 basis point cut.Markets are assigning a nearly 100% probability that another quarter-point reduction, on the heels of September’s cut, would bring the federal funds rate to a range between 3.75%-4.00%.”If [Fed chair Jerome Powell] comes off dovish, bets for future Fed cuts will increase and provide more fuel to market momentum,” veteran…

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