APPLE IS EXPECTING BIG IPHONE 16 SALES, BASED ON CHIP ORDERS.
STOCK CLOSED UP NEARLY 3% Apple $AAPL has reportedly increased its chip order with TSMC $TSM, With the increased order in place, Apple is supposedly preparing to sell between 90M and 100M units of the iPhone 16 - Apple Insider
Bridgewater Associates is launching a fund that uses machine learning as the primary basis of its decision-making.
The vehicle will debut with almost $2 billion of capital from more than a half-dozen clients and begin trading Monday, according to people familiar with the matter, who asked not to be identified discussing the strategy. Source: Bloomberg
S&P 500 buybacks have been much more powerfuil than passive flows
Source: GS
The US Treasury market remains volatile
The 10-year note yield is now up over 20 basis points in since Friday's intraday low. That's 20 basis points in a matter of hours without any material news? Or is it a Trump effect? UST over-supply? Whatever the reason, for the first time in almost 5 weeks, the 10-year note yield is set to break above 4.50%... Source: The Kobeissi letter
US Poll: Majority believe Biden's cognitive health doesn't qualify him for presidency
A new CBS News/You Gov poll reveals that 72% of Americans doubt Biden's "mental and cognitive health" meets the standards required for the presidency. Of those surveyed, 46% of Democratic voters believe Biden should consider withdrawing from the race due to health concerns. The poll also asked respondents about former President Donald Trump's fitness for office, with 50% expressing confidence in his mental and cognitive abilities, while 49% disagreed. Source: https://www.albawaba.com/
Good to know...
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Q2 US earnings calendar by The Transcript
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Thursday night US presidential election debate in one image
Source: USA today
