Yesterday I opined that things felt like the end of the roaring 20's. Today's Broadcom earning's reaction isn't making me feel any better about that.
Meanwhile, Reddit has declared (legal) war on Australia, to fight for their right to inflict social media on kids.
Apple has delivered coordinated software updates across its ecosystem, including iOS, iPadOS, watchOS, tvOS, visionOS, macOS, and HomePod software. The release focuses on safety features, multitasking improvements, travel modes, and a more refined user interface as part of its commitment to an integrated experience. For a detailed look, see Apple Rolls Out Coordinated 26.2 Software Updates Across Its Ecosystem.
Broadcom experienced an 11% drop in its share price following blockbuster earnings. Investors remain cautious amid an overheated AI trade and related tech risks, which rattled Nasdaq futures. The market volatility has even drawn commentary from noted figures like Jim Cramer. Learn more details at Broadcom shares tumble amid AI-driven investor unease following earnings.
Swiss competition authorities have opened an antitrust investigation into restrictive NFC access policies enforced by Apple for third-party developers. The inquiry targets practices around Apple Pay and similar functionalities in an effort to determine if these conditions limit competition and innovation. Additional insights are available through Swiss Regulators Investigate Apple s NFC Restrictions in Latest Antitrust Probe.
Dutch payments leader Mollie recently secured a landmark €1.05B deal to acquire the UK-based GoCardless, signaling substantial consolidation in the fintech market. The move aims to integrate and streamline payment services across Europe, positioning the companies for enhanced scalability. More information can be found at Mollie Secures €1.05B Deal Acquiring GoCardless Across Europe.