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By Gregor Stuart Hunter SINGAPORE, May 13 (Reuters) - Asian stocks found their footing after an initial selloff on Wednesday, helped by a turnaround in Korean shares as revived AI optimism dwarfed
8am: Futures point higher US stocks are set for a positive open on Friday, with futures pointing higher as Wall Street looks ahead to April's non-farm payrolls report, even as tensions in the Middle East flared overnight. Nasdaq futures are up 0.7%, S&P 500 futures have gained 0.5%,...
Apple (NASDAQ:AAPL) just posted its best March quarter ever at $111.18 billion, while Intel (NASDAQ:INTC) followed with a sixth consecutive revenue beat. Now Bloomberg reports Apple is in early talks to use Intel and Samsung as U.S. chip suppliers. That single thread reframes both earnings reports. iPhone 17 Carries Apple. Foundry Carries Intel. Apple’s quarter ... Forget Tariffs: An Apple-Intel Deal Could Be the Biggest Manufacturing Story of the Trump Era
He cited “great progress” in talks with Iran. The International Monetary Fund published its 180-page World Economic Outlook three weeks ago. The differences between that and its now more likely “adverse” or “severe” scenarios aren’t small, and investors should take note as the Strait of Hormuz remains blocked.