What’s News in Markets: IBM’s Warning, Apple’s Comeback, Wall Street Cashes In
Summary
This episode reviews a volatile week where oil prices and AI trade shifts drove market losses, with the Nasdaq down 2.9%. IBM suffered a historic 26% plunge after missing AI expectations, while Apple briefly surpassed NVIDIA as the world’s most valuable company. Chip stocks slumped amid profit-taking, whereas major banks posted record earnings, boosting the financial sector.
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