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A spokesperson for the European Commission stated that EU Digital Affairs Commissioner Jan Verkuninen and Apple CEO Tim Cook had a "constructive exchange" on issues of mutual concern, and that related work is ongoing.

2026-07-01

A spokesperson for the European Commission stated that EU Digital Affairs Commissioner Jan Verkuninen and Apple CEO Tim Cook had a "constructive exchange" on issues of mutual concern, and that related work is ongoing.

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2026-07-01

US equities closed 1H 2026 with the Nasdaq up 12.79%, the S&P 500 up 9.5% and the Dow up 8.8%. Memory and semiconductor stocks outperformed: SanDisk (SNDK) +857% — the top S&P 500 gainer; Micron (MU) +304%, with market value surpassing $1 trillion fo

US equities closed 1H 2026 with the Nasdaq up 12.79%, the S&P 500 up 9.5% and the Dow up 8.8%. Memory and semiconductor stocks outperformed: SanDisk (SNDK) +857% — the top S&P 500 gainer; Micron (MU) +304%, with market value surpassing $1 trillion for the first time; Intel (INTC) +278%; Western Digital (WDC) +270%. Among the seven largest tech names, Microsoft (MSFT) led declines, down more than 22%; Meta (META) -14%; Tesla (TSLA) -6%. Gains included Alphabet A (GOOGL) +14%, Apple (AAPL) +6%, Amazon (AMZN) +3% and NVIDIA (NVDA) +7%.
2026-07-01

Glenmede strategists Jason Pride and Michael Reynolds expect US June unemployment to remain at 4.3% and nonfarm payrolls to rise about 87k, down from May’s 172k. They say that, despite the slowdown, the labor market remains resilient amid low hiring

Glenmede strategists Jason Pride and Michael Reynolds expect US June unemployment to remain at 4.3% and nonfarm payrolls to rise about 87k, down from May’s 172k. They say that, despite the slowdown, the labor market remains resilient amid low hiring and low layoffs. The pair note the Fed’s focus has shifted toward inflation, so the timing of any policy easing will depend more on inflationary pressure than on employment growth.
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