Oil Prices Retreat, Apple Results on Deck
AI Summary
Brent crude fell more than 3% to below $110 a barrel after reports that President Donald Trump wants to allow more time for diplomacy with Iran, easing concerns about near-term pressure on oil markets. Apple also reclaimed the title of the worldβs most valuable company from Nvidia as investors weighed AI spending concerns and sought perceived safety in the iPhone maker.
A report that says President Donald Trump wants to give diplomacy with Iran more time helped ease pressure on oil prices, with Brent falling more than 3% to below $110 a barrel. Apple reclaimed the title of worldβs most valuable company on Friday, taking the mantle from Nvidia as investors seek the perceived safety of the iPhone maker amid concerns about artificial intelligence spending. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)