WS #11217
Apple faces Russian FAS warning over default search engine, EU plans to regulate cloud under DMA, and price hikes across Mac/iPad due to memory shortages; antitrust investigations in multiple BRICS countries. Fed Chair Warsh keeps rate hike on table, September hike probability at 64%; Wall Street ends lower with Nasdaq down 0.66% as tech stocks sell off. Meta reportedly evaluating cloud infrastructure services, stock surges 7% on potential new revenue stream from AI compute capacity.
Apple regulatory and supply chain pressures
Apple faces Russian FAS warning over default search engine, EU plans to regulate cloud under DMA, and price hikes across Mac/iPad due to memory shortages; antitrust investigations in multiple BRICS countries.
Fed Chair Warsh keeps rate hike on table, September hike probability at 64%; Wall Street ends lower with Nasdaq down 0.66% as tech stocks sell off.
Meta reportedly evaluating cloud infrastructure services, stock surges 7% on potential new revenue stream from AI compute capacity.