Bloomberg Markets
US equity futures rally after the payrolls report showed a sharp slowdown in the labor market, driving stocks to a fresh record high. Oil advances as Iran's accord with Oman on the Hormuz shipping route remains elusive. TSMC posts a 45% rise in monthly sales amid strong demand for AI hardware. Thierry Wizman of Macquarie Group looks ahead to the inflation data. (Source: Bloomberg)
MarketWatch
A Jefferies analyst says that it may be harder than it looks for Apple to roll out dramatically more expensive devices in a bid to boost profitability.
Yahoo Finance
NY Times Business
The technology giant is embracing open models, closer ties to Washington and more as it seeks to catch up in the artificial intelligence race.
Bloomberg Markets
Stocks traded near record highs, with Asian shares mirroring Friday’s gains on Wall Street after weak US jobs data curbed bets on Federal Reserve interest-rate hikes. Oil traded around $83 a barrel as a deal to reopen the Strait of Hormuz remained elusive.
An agreement with Oman to establish a shipping route through Hormuz was “very close,” Iran’s Foreign Minister Abbas Araghchi said over the weekend. He ruled out direct talks with the US for now because of violations of an interim peace deal r
Yahoo Finance
Bloomberg Markets
Kenya plans to import one million 90-kilogram bags of corn to replenish national reserves after a failed crop, according to Agriculture Secretary Mutahi Kagwe.