Global stocks saw a dip on Friday. Concerns over AI’s impact and high tech valuations weighed on markets. Meanwhile, rising US-Iran tensions pushed oil prices higher. Sterling also experienced a fall following a Labour election defeat. Investors are closely watching these developments.
Apple set to lose nearly $500 billion in value after weak forecast
Apple shares dropped significantly after a weak forecast indicated component shortages. The AI boom is straining global supply chains, impacting chip availability for major tech