This was followed by news that Apple, $AAPL, raised prices on Macs and iPads by up to +25%.
Tim Cook said soaring chip costs made the hike "unavoidable."
This was the first big sign of what we are calling "AI-flation."
Inflation due to AI is being passed on to consumers.
BREAKING: Iran says the US has agreed to pay $300 billion in reconstruction funds directly to Iran as part of the deal Pakistan announced, alongside the release of $24 billion in frozen funds with $12 billion released before negotiations even start, per Mehr News.
This directly contradicts Trump's & Vance's claim that no funds will be transferred to Iran at all.
If Trump denies this is true, there never was a deal. If Trump confirms, the US has fully capitulated to Iran's demands.
"If all you ever did was buy high-quality stocks on the 200-week moving average, you would beat the S&P 500 by a large margin over time. The problem is, few human beings have that kind of discipline."
- Charlie Munger
$MA
Elon Musk’s rocketry company, Space X, has filed to go public in what could be the biggest IPO in history. But investors are being asked to back unproven technology with no guarantee of success. Read more about whether Mr Musk can make AI data centres in space a reality: https://t.co/0bCmdi1PLp
BREAKING: The S&P 500 officially hits 7,500 for the first time in history, now up +19% since the March 30th bottom.
That's +$10.9 TRILLION in market cap in 7 weeks.
This truly is one of the best runs ever seen.
BREAKING: The S&P 500 extends its historic rally into record high territory, now up +18% since its March 30th bottom.
That's +$10.2 TRILLION in market cap added in just 6 weeks.
The first ever Bhagwan Ganesh murti was unveiled in Latin America, marking a significant milestone for Bhartiy traditions abroad.
Devotees gathered with rituals, prayers, and celebrations, bringing a piece of Indian culture and spirituality to a new part of the world.
@dhruv_rathee Firstly, I'm glad that I don't follow you. Isse accha to apna account bandh kar doon. This video proves that your thinking and point of view are as bad as the source of HANTAVIRUS.