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Reaction To Japan Rate Hike Please click here for an enlarged chart comparing SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX) and iShares MSCI Japan ETF
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Apple TV won 29 Emmys at the 78th Primetime Emmy Awards, with Apple Originals accumulating 917 total wins and 3,827 nominations. Apple's Services revenue grew 12% to a record $30.74 billion in the June quarter with a 75.6% gross margin. The company surpassed 1.5 billion paid subscriptions supported by over 2.5 billion active devices. However, Apple faces intense competition from Netflix and Disney in the streaming space.
Valero Energy has risen more than 200% in two years, outpacing every Magnificent Seven stock, including Nvidia. Almost the entire move came in 2026, driven by a collapse in global refining capacity rather than by the oil price. The average analyst price target now sits 31% below the stock.
Berkshire Hathaway has concentrated 30.7% of its $365 billion equities portfolio in two AI stocks: Apple and Alphabet. Under new CEO Greg Abel, the conglomerate is signaling a bullish stance on AI, with Apple leveraging its 2.5 billion active devices for consumer AI adoption and Alphabet leading across AI research, chip design, and cloud services.
Brad Gerstner says AI labs need a $180B revenue run rate by year-end to sustain the AI trade and justify hyperscaler spending.
It may feel like 2000, but Goldman Sachs argues that it's just a temporary peak driven by three specific, identifiable factors.
Crypto-linked equities ripped higher as Bitcoin cleared $80,000, but the S&P 500 slipped with the 10-year Treasury yield back above 5%.