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Dollar Slides with Crude Oil Prices and Bond Yields

6 days 10 hours ago
The dollar index (DXY00 ) tumbled to a 1-month low today and is down by -0.22%. Today’s -6% plunge in crude oil prices has eased inflation expectations, which could persuade the Fed to ease monetary policy, a bearish factor for the dollar. Also, today’s stock recovery has reduced demand for...

Transocean Swings To Profit In Q3

6 days 10 hours ago
(RTTNews) - Transocean Ltd. (RIG), an offshore contract drilling services provider specializing in ultra-deepwater and harsh-environment operations, reported a return to profitability in the third quarter of 2026, compared with a substantial loss in the prior-year quarter.

Apple Sales Meet Estimates, China Is a Weak Spot

6 days 10 hours ago
Apple posted September quarter revenue that narrowly topped analysts’ estimates, even as sales in the key Chinese market fell short of projections. Revenue rose 12% to $114.5 billion during the fiscal fourth quarter, which ended Sept. 26, the company said in a statement. Analysts had estimated $113.5 billion on average, according to data compiled by Bloomberg. The quarterly report — the first under new Chief Executive Officer John Ternus — offered a mixed picture to investors. Sales growth decelerated from a 16% clip in the June quarter, and results from Apple’s iPad and wearables businesses were particularly weak. But the iPhone, the company’s biggest moneymaker, remained strong. Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech, joins to discuss the results. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

Apple Looks Very Smart in Modest AI Spend: Tom Forte

6 days 10 hours ago
Tom Forte of Maxim Group says he is especially interested in commentary on the December quarter, when the latest iPhone models will have had more time to affect sales. He said initial demand for the new iPhone duo appears strong and pointed to pent-up interest in a foldable iPhone after a long wait. He speaks with Kailey Leinz & Ed Ludlow on "The Close." (Source: Bloomberg)