{ }
Symbol AAPL
Name Apple Inc.
Currency USD
Sector Information Technology
IndustryGroup Technology Hardware & Equipment
Industry Electronic Equipment, Instruments & Components
Market NASDAQ Global Select
Country United States
State CA
City Cupertino
Zipcode 95014
Website http://www.apple.com
Iran's stock market has experienced a positive surge due to lower interest rates, the removal of price controls, and supportive government measures. The shift to a negotiated exchange rate has particularly benefited export-oriented companies, enhancing their profitability. Analysts predict this upward trend will continue, bolstered by ongoing support from the Ministry of Economy and increased financing for listed firms, contributing to national development.
A shift in the US's stance on digital assets is anticipated under the upcoming Trump presidency, potentially leading major banks to adopt crypto custody services as a first step toward deeper involvement in the sector. Trump has nominated crypto advocate Paul Atkins to head the SEC, replacing skeptic Gary Gensler, and appointed David Sacks as the White House's lead on artificial intelligence and cryptocurrency.
Around a thousand employees at Credit Suisse are affected as UBS completes its acquisition, marking the end of CS's 167-year history. The Swiss parliament debates the emergency takeover, while a Parliamentary Commission of Inquiry investigates the circumstances surrounding it. UBS has also terminated federal guarantees, and numerous complaints regarding the financial terms of the takeover have been filed.
Hong Kong is expediting its digital assets licensing, with authorities focusing on regulatory improvements and potential inclusion of Bitcoin in reserves, while South Korea's digital asset reforms are stalled due to martial law, delaying key initiatives like securities token offerings and real-name corporate accounts. The political crisis in South Korea has shifted attention away from virtual asset legislation, pushing timelines for reforms to 2025.
US stocks closed mostly unchanged, with the Dow Jones Industrial Average ending a 10-day losing streak, its longest in 50 years. The S&P 500 and Nasdaq Composite fell about 0.1% amid a hawkish outlook from the Federal Reserve, which scaled back expected rate cuts for next year. The 10-year Treasury yield rose to 4.57%, the highest since May, as the economy showed growth at an annualized rate of 3.1% in the third quarter.
The second Trump presidency is expected to shift regulatory focus towards growth and innovation in banking, with changes in leadership at key financial agencies. Anticipated reforms may ease capital standards and facilitate fintech and cryptocurrency activities, while tax reform will likely prioritize the renewal of provisions from the 2017 Tax Cuts and Jobs Act. Additionally, the SEC is poised for a change in enforcement and rulemaking, particularly regarding climate disclosure rules, as the new administration may seek to repeal recent mandates and adjust the agency's focus on capital formation.
Acurast has launched Processor Lite for iOS, enabling iPhone users to share their device's computing power with a decentralized cloud network, earning rewards in cACU tokens. This initiative supports sustainability by repurposing older or damaged phones as computing resources, broadening access to cloud infrastructure. With compatibility for iPhone 6s and newer models, Acurast aims to democratize cloud computing while ensuring data security and user privacy.
Bitcoin's surge past $100,000 has created over 14,211 millionaires and four billionaires, showcasing its unmatched returns compared to traditional investments. A $4,000 investment in 2010 could yield $1 million in just over a decade, vastly outperforming blue-chip stocks. Despite its volatility, Bitcoin's wealth-generating potential remains significant, with returns 148,978 times better than Microsoft and 66,330 times better than Amazon.
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MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

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