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Apple becomes world’s most valuable company with $5.1 trillion market cap as AAPL stock today hits record high after Democrats win midterm elections
Apple stock price surged more than 6% to a record high on Wednesday, lifting its market capitalization to $5.1 trillion and making it the world’s most valuable company. The rally followed Democrats’ midterm election victories and came after Apple reported stronger-than-expected quarterly revenue and earnings.
Middle class spending boom in India comes with growing debt bill
Consumer borrowing in India has surged significantly as access to credit has expanded across the population. Individuals like Navjot Singh illustrate the financial burdens incurred from loans that have become widespread among the populace. As interest rates increase, many consumers face a heightened risk of default on their debts. Reports show that borrowing against gold and informal loans has also intensified in recent years.
D-Street braces for weak opening on negative GIFT Nifty cues
Benchmark Nifty increased by 1.6% to close at 23,810 following an extended rally. This upward trend was influenced by easing crude prices and continuous foreign fund inflows. Analysts expect Indian equities to consolidate positively after a sharp recovery in recent sessions. The rupee appreciated by 9 paise against the US dollar amid substantial buying in domestic equity markets. India VIX rose by 1.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian equities rallied nearly 2%, with Sensex gaining 1,225 points and Nifty rising 370 points. Falling crude prices, renewed FII buying, resilient earnings and expectations of LTCG tax changes boosted sentiment, adding nearly Rs 4 lakh crore to market capitalisation.
Apple drops with most of Wall Street, but gains for other Big Tech stocks cushion the blow
The stock market has been shaky recently as technology and artificial-intelligence stocks have swung on worries their prices shot too high in the frenzy around AI. Several of the most influential AI-related stocks held firmer Tuesday, which supported the market, after flipping from gains in the morning to losses in the afternoon a day earlier.
Apple’s robust India quarter; Giva’s $100 million funding
Apple posted record sales in India in the September quarter. This and more in today’s ETtech Top 5.
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Why did market rally today? Sensex jumps 1,225 pts, Nifty closes above 23,800. 6 key factors behind today's surge
The Indian stock market witnessed a notable uptick on Tuesday, with Sensex and Nifty showing substantial growth. This surge was primarily driven by declining oil prices and favorable sentiments around the long-term capital gains tax. Enthusiasm among investors surged, particularly following significant net buying from foreign institutional investors. Though sectors such as Nifty Auto and Financial Services rallied, Nifty Pharma lagged behind.
Samsung Galaxy S27 Ultra expected in 2027 with 200MP camera, Snapdragon chipset: What leaks suggest
Samsung Galaxy S27 Ultra could arrive in early 2027 with a redesigned rectangular camera module, a 200MP primary sensor and a 50MP periscope telephoto camera, according to leaks. The smartphone is also tipped to feature a Snapdragon 8 Elite Gen 6 Pro chipset, a 5,500mAh battery and 60W wired charging.
First Apple Intelligence features land in China, with Alibaba’s Qwen on board
The tech giant has partnered with Alibaba to bring its Qwen model into some of the experiences. Chinese users will be able to use Qwen through Siri, Writing Tools, and Visual Intelligence, enabling text and image understanding. Users can access it by signing in with a Qwen account or through Apple, the company said in a blog post.
NYC Marathon 2026 results: Sweden’s Andreas Almgren stuns on debut, Sheila Chepkirui wins women’s title for second time
On November 1, the 2026 TCS New York City Marathon set the streets abuzz as nearly 60,000 runners hit the pavement. Swedish newcomer Andreas Almgren clinched victory in the men's category, while Kenya's Sheila Chepkirui triumphed again in the women's race. The marathon's scenic course traversed all five boroughs, offering participants an unforgettable journey amidst a carefully structured staggered start, further solidifying the marathon's prestigious reputation in the athletics world.
Apple Pro and Tell: How much will the first touchscreen MacBook Pro cost in the US, UK and Canada?
Apple Pro and Tell: Apple has launched its first touchscreen MacBook Pro at the “Pro and Tell” event, with US prices starting at $2,899. Apple has opened preorders for the new touchscreen MacBook Pro models, with availability scheduled to begin on November 6 Here's what buyers in the US, UK and Canada need to know about pricing, new features and availability.
Meesho loss narrows; Sanjeev Bikhchandani back as Info Edge CEO
Meesho cut its losses in the July-September quarter, while growth continued. This and more in today’s ETtech Top 5.
Samsung Galaxy Z Fold 8 vs iPhone Duo: Which foldable phone is better for you? Price, specs and features compared
Samsung Galaxy Z Fold 8 vs iPhone Duo: Compare prices, display sizes, cameras, battery life and multitasking features. Samsung’s foldable is lighter, while Apple’s iPhone Duo offers different screen proportions and video playback estimates. Here’s how the two foldable phones compare across key specifications and prices.
Apple launches new iMac with M6 in India, prices start at Rs 1,74,900
Apple has launched its new 24-inch iMac with the M6 chip in India, with prices starting at Rs 1,74,900. The desktop brings improved performance, faster on-device AI processing, Wi-Fi 7, Bluetooth 6 and a 4.5K Retina display. Available in seven colours, the new iMac supports up to a 12-core CPU and GPU and runs macOS 27 with Siri AI and Apple Intelligence features. Pre-orders begin on October 28, with sales starting November 6.
iPhone Duo resale prices soar on eBay amid strong demand: Can Apple overtake Nvidia as world’s most valuable company?
Apple’s iPhone Duo preorders have sold out quickly, with some eBay listings priced far above retail. As buyers face delivery delays, Apple is closing in on Nvidia in market value, raising questions about whether the iPhone maker could claim the top spot.
Infosys cuts FY27 guidance; Zetwerk's muted market debut
Infosys has lowered its FY27 revenue guidance despite a rise in Q2 profit. This and more in today’s ETtech Top 5.
Apple’s iPhone Duo: A foldable leap with a few creases to iron out
Apple's new foldable smartphone, the iPhone Duo, quickly sold out after its launch in India. The device has experienced software optimization issues and supply challenges, affecting availability for consumers. iPhone Duo's launch price reaches up to ₹4,49,900, leading to concerns about its camera capabilities. A purchase limit has been established to combat grey-market reselling, creating further scarcity.
Apple iPhone sale: Planning to buy new phone? Check Apple’s new checkout policy that puts a limit
Apple has implemented a buying limit on its official online store for iPhones to manage sales during the festive season. Shoppers can now purchase only two iPhones, whether they're identical models or different ones. If users try to check out with a third unit, they will receive a warning that halts the transaction.
Apple iPhone Duo review: Five days with Apple's first foldable is it worth Rs 3 lakh?
Apple iPhone Duo review after five days of use examines whether Apple's first foldable smartphone justifies its starting price of Rs 2,99,900. The device impresses with its premium build, vibrant displays, smooth performance and excellent battery life, which can last up to two days with light usage. However, third-party app optimisation needs improvement, multitasking remains limited, and the absence of a dedicated telephoto camera is a drawback. While the iPhone Duo offers an enjoyable foldable experience, it is best suited to buyers who can comfortably afford its price and genuinely need a larger display.
Why Wall Street is selling chip stocks and buying Berkshire: Is Buffett’s old-school stock the new hedge against the AI trade, or an early warning for markets?
Berkshire hits a record as chip stocks slump 15%: Investors dumped chip stocks and rushed to Berkshire Hathaway. Between October 2 and 20, the semiconductor ETF SOXX lost 15.1 per cent, while Berkshire’s Class B shares rose 7.4 per cent to a record close. This combination last happened in October 2001, as the dot-com bubble burst. Berkshire’s third-quarter results are due November 7.
Warren Buffett warned about stock valuations but Berkshire Hathaway is aggressively purchasing stocks
While Buffett criticised the current market scenario, his firm Berkshire Hathaway has been pumping up its investments. The company under CEO Greg Abel has been increasing its stake in Google-parent Alphabet, making it one of Berkshire's five largest common stock holdings, led by iPhone maker Apple. Berkshire more than tripled its stake in Alphabet and purchased over $2.6 billion worth of shares in Delta Air Lines after Abel formally took over as chief executive from Warren Buffett at the start of the year.
Ecommerce festive sales fizzle out on price pangs
Executives attributed the slowdown to sluggish demand for premium electronics, including smartphones, home appliances and laptops, as prices of these products have risen 30-40% in the past few months. Smartphones and electronics, which account for more than half of GMV during festive sale events for some platforms, have been hit by price increases, an executive said.
India's smartphone shipments slip 26 pc to decade-low in Q3, Samsung regains top spot: Report
Major Chinese players Vivo, Oppo and Xiaomi are estimated to have seen a decline in shipments while Samsung regained top position despite a marginal dip in shipments.
Apple iPhone Duo sells out in India within an hour, new orders now showing January deliveries
Apple’s first foldable iPhone has seen a strong early response in India, with pre-orders selling out within an hour and estimated delivery dates for new orders moving to January 2027. Priced at Rs 2,99,900, the iPhone Duo has also witnessed a surge in demand in the US, where initial stock reportedly sold out in 15 minutes. Here’s a look at its pricing, specifications and what the early response suggests about demand for Apple’s most expensive iPhone yet.
Blueberries vs grapes for blood sugar: Which fruit is better for keeping glucose levels stable?
Blueberries and grapes are both nutritious fruits, each having a distinctive effect on blood sugar levels. Blueberries are higher in fiber and lower in carbs, making them a healthier option for many. Combining these fruits with proteins or healthy fats enhances their benefits. Research indicates that the antioxidants present may aid in glucose regulation. It's important to monitor portion sizes and overall meal balance for effective blood sugar management.
Apple iPhone Duo release date: $1,999 foldable phone preorders sell out in US, deliveries pushed to 2027. Check date and other details
Apple iPhone Duo release date: Apple's first foldable iPhone, priced at $1,999 in the US, has sold out of initial preorder slots within minutes of orders opening on October 16. Delivery estimates have now been pushed to late January 2027 for some buyers, despite the phone's official launch being scheduled for October 23.
White House Ballroom secret donor list: Check who are in the list and who can be donors?
The scale of the ballroom project and the administration’s handling of fundraising and disclosures have drawn criticism from watchdog groups and legal experts
Before selling WhatsApp for $19 billion, co-founder Jan Koum once relied on food stamps to feed his family. Years later, he signed the deal in the same office where he collected them
Jan Koum moved to the US with his mother when he was 16, and his family relied on food stamps and government assistance to survive. Years later, he built WhatsApp, the messaging app used by people around the world, and sold it to Facebook for $19 billion. But the deal had a deeply personal connection to his past as he chose to sign the agreement at the former social services office where he once collected food stamps.
US inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections near
U.S. inflation increased in September as consumers faced higher prices for essentials like gas and clothing. The consumer price index rose 3.7% compared to the previous year, indicating ongoing economic challenges. This rise in inflation has political implications ahead of the midterm elections, impacting public sentiment towards Republican lawmakers. Federal Reserve officials are closely monitoring trends to determine future interest rate decisions.
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