RBC Capital Markets initiated Dell Technologies with an outperform rating and a $640 price target on Friday, sending shares up 12% and extending a year-to-date gain of nearly 350% driven by surging AI server demand.
President Trump said he has no concerns about AI posing an existential threat, emphasizing competition with China instead, as researchers at OpenAI and Anthropic publicly warn that unchecked AI development could prove catastrophic.
Oracle reported fiscal first-quarter revenue of $19.35 billion, a 30% year-over-year increase fueled by a 121% surge in cloud infrastructure revenue, sending shares up 6.2% in premarket trading.
Apple CEO John Ternus and marketing chief Greg Joswiak acknowledged that the iPhone Duo's aspect ratio leaked to rivals through shared supply chains, while crediting tight security for keeping the device's folding nano-texture display under wraps until launch.
A security update shipped as part of Microsoft's September 2026 Patch Tuesday is breaking copy-and-paste and formula dragging in Excel across multiple Office versions, with users reporting that removing the patch restores functionality.
OpenAI unveiled ChatGPT for Financial Services on Thursday, a specialized enterprise tool built with Morgan Stanley and Evercore that automates research, data analysis, and pitchbook creation — work traditionally handled by entry-level Wall Street bankers.
One pilot warned the Amazon Prime Air cargo plane was flying "too fast" over a minute before it overran a Miami runway and killed five people, the NTSB said, while the other pilot gave no clear verbal response to the caution.
RBC Capital Markets initiated Dell Technologies with an outperform rating and a $640 price target on Friday, sending shares up 12% and extending a year-to-date gain of nearly 350% driven by surging AI server demand.
Oracle reported fiscal first-quarter revenue of $19.35 billion, a 30% year-over-year increase fueled by a 121% surge in cloud infrastructure revenue, sending shares up 6.2% in premarket trading.
Apple CEO John Ternus debuted the iPhone Duo foldable and iPhone 18 Pro at a fall event, skipping the standard iPhone model for the first time in seven years and signaling a new split-launch strategy that would push lower-priced devices to a spring event.
President Trump said he has no concerns about AI posing an existential threat, emphasizing competition with China instead, as researchers at OpenAI and Anthropic publicly warn that unchecked AI development could prove catastrophic.
Apple CEO John Ternus and marketing chief Greg Joswiak acknowledged that the iPhone Duo's aspect ratio leaked to rivals through shared supply chains, while crediting tight security for keeping the device's folding nano-texture display under wraps until launch.
OpenAI unveiled ChatGPT for Financial Services on Thursday, a specialized enterprise tool built with Morgan Stanley and Evercore that automates research, data analysis, and pitchbook creation — work traditionally handled by entry-level Wall Street bankers.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.