Asia Shares Bend Under AI Stress; Apple Earnings Loom

Global Market Today: Asian shares bend under AI stress; Apple earnings loom

Concerns about negative cash flow and the sheer scale of AI capex saw the cost of insuring against corporate defaults blow out last week, while gold hit a one-year low amid talk stressed investors were selling to raise money for margin calls.

Asia shares bend under AI stress; Apple earnings loom

SYDNEY, Nov 2 : Asian share markets slipped on Monday as worries about the sustainability of the AI investment boom loomed over the tech sector, while the high price of oil limited the safe-haven appeal of sovereign bonds.Concerns about negative cash flow and the sheer scale of AI capex saw the cost of insuri

Apple’s new earnings era begins at a critical time for Big Tech

A rare Monday earnings report for Apple will give investors a glimpse into how new CEO John Ternus is managing inflated memory prices and a tougher backdrop for consumer spending.

Apple (NASDAQ: AAPL) CEO John Ternus Faces Wall Street For The First Time As $113 Billion Quarter Looms

Wall Street will get its first read on Apple (NASDAQ: AAPL) under new chief executive John Ternus when the company delivers its fiscal fourth-quarter results on Monday, November 2. Ternus, who assumed the top role in September, steps into the earnings spotlight having inherited a product pipeline built largely under his predecessor, Tim Cook, whose […]