This Week:
Monday: US consumer credit. Apple product launch event. Brian Niccol becomes Starbucks’ CEO. Earnings expected from Oracle.

Tuesday: US presidential debate. UN General Assembly opens. Guinness World Records 2025 published. Earnings expected from GameStop, Dave & Buster’s, Petco Health and Wellness Co., and Academy Sports and Outdoors.

Wednesday: US consumer-price index.

Thursday: US jobless claims and producer-price index. Earnings expected from Signet Jewelers, Kroger, and Adobe.

Friday: US consumer sentiment.

Sunday: First Day of Hispanic Heritage Month in US. Primetime Emmy Awards.

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Apple's AI Leap: 1.5 billion devices to get game-changing ChatGPT upgrade with iPhone 15 and up, as well as Apple silicon lineup that runs macOS Sequoia.

The #US #CPI remained flat in May, beating forecasts and lifting #Bitcoin prices by nearly 4% on Wednesday: But bitcoin prices quickly retreated on Thursday as traders grappled with the possibility of just one rate cut by the Federal Reserve by the end of the year.

#Apple hastily dived into AI race in a cleaver way to boost iPhone Sales but #Tesla CEO Elon Musk says he is worried about data privacy through Apple’s partnership with the #Microsoft backed company #OpenAI therefore he won't allow Apple products to be used throughout his companies. Although Musk has a vested interest in his own xAI, having his own rival AI start-up, he can be right as Microsoft is very well known for quietly collecting a vast amount of user data for decades. - Part of the update - curtsy of Barron's

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#Nvidia cements cult status among investors with a market cap bigger than Apple’s. It has just entered the pantheon of companies with market values north of $3 trillion.

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