Apple shares rose 3.14% after an optimistic sales forecast had indicated a potential iPhone recovery. Although the iPhone sales slip to $ 69.14 billion, CEO Tim Cook emphasized AI functions that stimulate demand in important regions.
Turnover in China fell to $ 18.51 billion, missing predictions, but the turnover of Apple services increased by 13.9% to $ 26.34 billion, which strengthened its growing dependence on subscriptions. While Apple remains behind rivals in AI, analysts see long -term benefits of his strategy.
What is the next step for investors?
Today’s PCE report will be a large market programs. If inflation data continues to cool, traders can become more confidence in a stable economic prospect. However, a hotter print can shift sentiment, which strengthens the US dollars and gold and with a weight of risk activa.
In the meantime, rates remain a joker sign. If tensions escalate, expect further volatility in currency and raw material markets.
For now, investors must remain careful, aimed at inflation data and trade developments while looking at AI-driven technical opportunities.
More information in our Economic calendar.