📈 Stocks / Finance

Apple eyes 30% upside by 2028 amid iPhone refresh and EPS growth

The Motley Fool

Apple’s stock could rise 30% over 3 years, driven by new iPhone designs, AI upgrades, and services growth. Analysts expect 6% revenue and 13% EPS CAGR through 2027. Despite underperforming the S&P 500, Apple’s fundamentals remain strong with $133B in cash and 7% share buybacks.

AI stocks stumble as valuation fears grow

Yahoo Finance

C3.ai dropped after slashing guidance, joining Nvidia and Salesforce in a broader AI sell-off. Analysts cite overextended valuations, mixed earnings, and economic slowdown fears. Truist warns elevated expectations make AI stocks vulnerable to even mild disappointments.

Lululemon slashes guidance amid tariffs, U.S. demand slump

Yahoo Finance

Lululemon stock dropped 18.6% after cutting full-year revenue and EPS guidance. Tariff pressures and weak U.S. sales drove the revision, despite 15% international comp growth. Shares now trade at 13x 2025 EPS, but margin risks persist as gross profit and demand remain under pressure.

🪙 Crypto

SWIFT denies XRP trial rumors ahead of ISO 20022 switch

Nasdaq

XRP surged on unverified claims that SWIFT would test its token, but no official confirmation has emerged. SWIFT's November ISO 20022 deadline makes trials unlikely, with officials stressing that crypto integration will be cautious and long-term, not imminent.

🌎 Global Economy

Global growth outlook rebounds despite tariff disruption

The Peninsula

Following tariff shocks from the US, global growth expectations dipped to 2.8% but have since recovered. Equity markets hit new highs as trade fears eased, rate cuts resumed, and corporate profits remained strong. AEs now forecast 1.5% growth amid improved financial conditions.

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