Weekend Tech Roundup: CXMT's 874% Revenue Surge, Apple's New Macs, Nvidia's Q2 Beat and More
CXMT’s revenue surge, Apple’s new Macs, and strong tech earnings led the weekend news, alongside CXMT’s Pentagon lawsuit.
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Apple’s eventful week featured iPhone shipment gains, iPhone 18 speculation, Mac concerns and a surprise Pikachu visit.
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CXMT’s revenue surge, Apple’s new Macs, and strong tech earnings led the weekend news, alongside CXMT’s Pentagon lawsuit.
Read original at benzingaNvidia, Salesforce and CrowdStrike lead a busy tech week as AI demand, chip shortages, tariffs, Apple, SpaceX and semiconductor stocks drive markets.
Read original at benzingaU.S. stock markets reversed early gains after Federal Reserve Chair Kevin Warsh delivered a hawkish Jackson Hole speech, signaling that rate cuts are unlikely in 2026 and potential rate hikes remain on the table. The speech caused the S&P 500 to fall 0.13% and the Nasdaq to drop 0.30%, with growth stocks like Nvidia particularly hard hit. The two-year Treasury yield jumped significantly and September rate hike odds increased to roughly 50%.
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