forex cross rate

Apple (AAPL.O) closed Friday with a market value of $5.03 trillion, surpassing NVIDIA (NVDA.O) at $4.93 trillion to become the world’s largest listed company for the first time since late July. Apple shares fell 1.2% while NVIDIA dropped 4.2%. Recent results from Intel (INTC.O) and Amazon (AMZN.O) have heightened investor concern over returns on large AI capital expenditures; Alphabet (GOOG.O) and Meta Platforms (META.O) faced earlier selling. Apple’s relatively restrained infrastructure spending and stronger free cash flow have underpinned its resilience amid the tech sell-off. Year-to-date Apple is up about 27%; NVIDIA is down over 10% in the past month.

According to White House correspondent Fraser Jackson, a source said the $2.1 billion Patriot missile procurement agreement between Ukraine and the United States involves newly produced missiles, with deliveries expected to begin after 2030. Therefore, these 500 missiles will not come from existing U.S. stockpiles and are not currently in production.

Sources familiar with the matter revealed that the White House will nominate Mulfarig, the former head of the Federal Trade Commission's Bureau of Consumer Protection, to serve as a commissioner of the Federal Trade Commission.

Fitch: France’s rating is supported by several factors, including GDP per capita above the 'A' median and governance metrics well above the rating class median.

Polish Foreign Minister Sikorski: Discussed joint projects with US Secretary of State Rubio, and expects more Polish-US initiatives to emerge on the international stage.

Bank of America (BAC.N): It is not expected that the costs of anti-money laundering rectification and compliance in future periods will have a significant impact on non-interest expenses.