Markets Stabilize Ahead of Apple Earnings
Global markets found some stability as investors awaited upcoming earnings reports from Apple. Meanwhile, markets braced for political uncertainty surrounding the US midterms and ongoing developments in the Middle East.
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APPLE INC expects to post $113B in revenue, up 11% year-on-year, as investors look to its earnings for relief. That comes as Nasdaq futures bounce following last week's declines and oil prices ease across global markets. Strong iPhone 18 pre-orders and controlled data centre spending help protect margins against rising equipment costs.
