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Markets in meltdown after Trump threatens major escalation in the war against Iran [Fortune]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
In response, Iran has threatened to start taking out its neighbor's water supplies. The damage to the oil market is greater than 1974 and 2022 put together, the IEA says. Exclusive: Supermicro's dark history of smuggling chips to Iran. AI isn't replacing as many jobs as you'd think. Tim Cook's likely successor at Apple Aye, robot! Mark Zuckerberg is building an AI agent for himself. THE MARKETS Worldwide meltdown Oil was above $113 per barrel this morning and there is another massive global selloff in the equity markets underway: S&P 500 futures were down 0.85% prior to the open in New York. The index closed down 1.51% in its last session, it is now down 5% year to date. The Stoxx Europe 600 fell 2.27% in early trading. That index is now down about 12% from its recent high, meaning that the market is now officially in a “correction.” In Asia, all the major indexes were down. South Korea's KOSPI was down 6.49%, Japan's Nikkei 225 fell 3.48%. Gold —supposedly a safe haven—
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