Policymakers at the Federal Reserve are preparing for a closely watched interest rate decision, and it is widely believed that the central bank will keep borrowing costs unchanged. Elsewhere, a California federal court temporarily blocked a major merger between Microsoft and Activision Blizzard, while Nvidia's valuation approached more than $1 trillion for the first time.
1. The final countdown to the Fed's decisio...

Apple stock
AAPL notched a new all-time closing high of $183.79 a share. The figure was about a dollar more than the stock’s previous record of $182.86 a share back in January 2022. That’s when Apple became the first company to be worth $3tn. Today, it’s a few billion shy at $2.9bn. Why is that?
Every year, Apple does something called share buyback. In fact, the iPhone maker has spent more than any other c...

The 30-stock benchmark is higher by a mere 2% for the year, while its more volatile peers are blasting off.
The Dow Jones Industrial Average eked out a tiny 0.1% gain on Friday to cap a week of thin trading. Wall Street’s blue-chip index has been massively outperformed by its two peers – the S&P 500 and the Nasdaq. While the Dow is up just 2% for the year, the broad-based S&P 500 is up 12%, the tech-focused Nasdaq is higher by 27%.
So why that b...