Channel checks in China suggest iPhone orders will be disappointing, Barclays says
The latest channel checks in China convey a potentially difficult cycle ahead for the iPhone, according to Barclays.
Bank stocks show more signs of life after a tumultuous year. Here’s what’s causing the run and why we’re optimistic on these financial names
Club names Morgan Stanley (MS) and Wells Fargo (WFC), in particular, have perked up recently.
Amazon devices unit morale wanes amid cuts, weak development pipeline
The division, known as Lab126, was a focus for Amazon’s founder Jeff Bezos, but more recently it has been buffeted by mass layoffs and key executive departures.
Never before have just 10 stocks held this much sway over the global stock market
Ned Davis Research noted the top 10 names by market cap in the All Country World Index now account for a record nearly one-fifth of the benchmark.
Meet Airbnb’s official party pooper, who reduced partying by 55% in two years
As the person in charge of Airbnb’s worldwide ban on parties, Naba Banerjee has spent more than three years figuring out how to design an anti-party AI system.
Britain invites China to global AI summit
Britain has invited China to its Artificial Intelligence Safety Summit in November, foreign minister James Cleverly said on Tuesday.
Cboe CEO Tilly resigns over personal relationships with colleagues
Cboe Global Markets Chief Executive Officer Edward Tilly has resigned after failing to disclose personal relationships with colleagues, the exchange operator said on Tuesday.
Five Americans freed from Iran arrive back in the U.S. after prisoner swap
The group were released as part of a deal that allowed Tehran to access $6 billion in oil revenues frozen under U.S. sanctions.
Recession-hit Germany is facing a flurry of global headwinds, Goldman Sachs says
The German economy is at a crossroads of global issues, according to Peter Oppenheimer, strategist and head of macro research EMEA at Goldman Sachs.
YouTube halts Russell Brand channel revenues after sexual assault allegations
“If a creator’s off-platform behaviour harms our users, employees or ecosystem, we take action,” YouTube said in a statement.
