| Friday's Markets | |
|---|---|
| S&P 500 6,734 (-0.05%) |
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| Nasdaq 22,901 (+0.13%) |
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| Dow 47,147 (-0.65%) |
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| Bitcoin $94,908 (-4.26%) |
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Apple (NASDAQ:AAPL) is planning a major iPhone overhaul, according to Bloomberg's Mark Gurman. Following the launch of the iPhone Air and revamped iPhone 17 Pro in September, the report suggests we'll see three completely new models over the next three years. The rumored schedule? A foldable iPhone in fall 2026, followed by curved glass and an under-display camera in 2027.
S&P 500 and Nasdaq futures edged up this morning, as the artificial intelligence (AI)-fueled tech stock rally remains stalled. The S&P 500 dipped 0.08% last week, with the Nasdaq down 0.45%. As the government shutdown raised questions on economic data and interest rates, some analysts suggest we're in a "wait and see" phase.
Nvidia (NASDAQ:NVDA) is in the headlines with third-quarter earnings due Wednesday, as analysts expect revenue and earnings to grow 56% and 54%, respectively. What to watch? TMF analyst Buck Hartzell notes, "It's usually the future guidance that will most impact the stock price on earnings day. There is a lot of implied future growth built into the price today."
The economic impact on consumers should become clearer with this week's earnings from retailers. Dividend Investor rec Home Depot (NYSE:HD) is due to report on Tuesday, after just missing analyst expectations in Q2. Watch for updates on full-year sales growth guidance, previously at 2.8%. There's a 2.5% dividend forecast.
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