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- 'I'm going to keep winning by innovating': Ring founder Jamie Siminoff isn't sweating Apple's smart home push
Ring founder Jamie Siminoff says he is not worried about Apple's smart home push and will keep focusing on innovation at Ring, where he now works as an employee of Amazon. Ring has just launched its first smart lock, featuring a power dial that recharges the lock by hand if the battery dies, and four unlock methods: fingerprint, keypad, the Ring app or Alexa, with availability expected in early 2027. Apple is widely expected to unveil a smart home display hub, possibly including a video doorbell, smart lock and thermostat developed with LG Electronics, in a direct challenge to Ring and Google's Nest. Ring began as Doorbot in Siminoff's garage; he pitched it on Shark Tank in 2013 seeking $700,000 for 10% and got no deal, and Amazon later bought the business in 2018 for $1.15 billion. Siminoff left Amazon in 2023 and returned in early 2025 to lead its security products, with a mandate to use AI and run a more efficient business.
- Apple Closes In On World's Most Valuable Company Crown — iPhone Duo Preorders, China AI Rollout In Focus
Apple (AAPL) reached a market value above $5 trillion, hitting an intraday high of $347.85 and a valuation near $5.1 trillion, becoming only the second company after Nvidia to reach this milestone, while Nvidia (NVDA) fell nearly 6% over the past five sessions amid worries about hotter-than-expected inflation data, neocloud debt and circular financing. Apple will open preorders for the iPhone Duo on Friday, with the foldable phone hitting shelves on Oct. 23, and it also introduced the HomeView smart display, an updated Apple TV 4K and the second-generation HomePod mini. CEO Tim Cook said Apple Intelligence has received regulatory approval in China, with a test version expected later in October, though a broader rollout date is unconfirmed. AAPL is up nearly 27% so far this year versus about 18% for QQQ, and Apple reports fiscal fourth-quarter earnings on November 2.
- Apple Needs Just a 7 % Gain to Become the World Most Valuable Company
Apple (AAPL) closed Wednesday at $342.96, up 0.50%, pushing its market value above $5 trillion at a close for the first time, at about $5.01 trillion. NVIDIA (NVDA) fell 3.16% to $221.30 but remains the world's most valuable company at $5.343 trillion, about $338 billion ahead of Apple. If NVIDIA stays at that close, Apple would need a gain of about 6.8% to pass it. The article links a selloff in CoreWeave and Oracle to concerns over AI debt, and notes both Apple and NVIDIA trade at about 45x earnings. The author argues NVIDIA is the more attractive value at current prices, citing its 106% revenue growth versus Apple's 16%.
- Apple Needs Just a 7% Gain to Become the World’s Most Valuable Company
Apple closed at $342.96, up 0.50%, with market value of about $5.01 trillion, its first close above $5 trillion. NVIDIA remains the most valuable company at $5.343 trillion, but it fell 3.16% to $221.30; if that price holds, Apple needs about a 6.8% gain to pass it. Inflation data pushed growth stocks lower, while Apple was the only megacap to finish higher, and CoreWeave fell on AI debt worries. Apple called its fiscal Q3 its strongest June quarter ever, and NVIDIA guided to $108 billion in revenue for fiscal Q3. The article notes both stocks trade near 45x earnings, with Apple just below its 52-week high of $348.15.
- Can Apple overtake Nvidia as the world's largest company in 2027?
Apple has narrowed its gap with Nvidia, nearing a $5 trillion valuation, while Nvidia, after a recent dip, is valued at just under $5.5 trillion. The author argues Nvidia will remain the larger company in 2027 if the AI build-out progresses as companies have guided, citing Nvidia's expected 70% revenue growth next year. In its latest quarter, Apple grew revenue 16%, compared with Nvidia's 106%. Apple's capital expenditures totaled only about $10 billion over the past 12 months, versus over $200 billion expected this year from large AI hyperscalers, which has drawn investors seeking tech exposure without heavy AI spending.
- Apple doubled the price of its TV streaming box from $150 to $300, and even the company's hardcore fans are furious
The new Apple TV 4K costs $299, a steep jump from the 2022 model that started at $129, and some longtime owners are sticking with their current boxes. Apple blamed the AI boom, saying data centers are buying so much memory and storage that chip prices have spiked and it couldn't keep absorbing the cost. The new model adds Siri AI, a beta assistant running on Apple Intelligence that can answer questions about on-screen content, and three built-in microphones for hands-free voice control. Siri AI will come to the 2021 and 2022 models via the tvOS 27.2 update but not to the 2017 model or Apple TV HD. Surround sound requires four HomePod mini 2 or second-generation HomePod speakers, with matching front and back models.
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- Saudi Arabia postpones big investor conference to 2027 as Iran-backed Houthis escalate attacks on kingdom
Saudi Arabia has postponed its major annual investor conference until 2027 as Iran-backed Houthi militants escalate missile and drone attacks on the kingdom. The Future Investment Initiative had been scheduled for Riyadh from October 26 to 29. The decision follows a Houthi attack on King Khalid International Airport in Riyadh on October 10, which left at least 12 people dead and more than 300 injured. Organizers said in an email that new dates will be announced soon.
- Russia fires mysterious weapon at Kyiv, shockwaves spread; President Putin appears in rare image, drawing global attention
On the night of 18 Oct, Russia launched a coordinated strike on multiple Ukrainian targets using ballistic missiles, cruise missiles and Geran UAVs, focused on Kyiv. According to TST, around 10 ballistic missiles of the Iskander-M, S-400 or KN-23 types may have been used in the first wave; an above-ground metro station on Kyiv's left bank was reported damaged, disrupting rail and metro services, and videos of blue flashes led observers to suspect a new weapon. In western Ukraine, a 330 kV transformer station near Kovel may have been targeted. Meanwhile, Putin, who rarely appears in military uniform, visited a command post and stressed establishing a “security zone” along the border; blogger Yuri Podolyaka argued Moscow no longer treats these areas as bargaining chips. Front-line correspondent Alexander Kots said the part of Donetsk still controlled by Ukraine is just over 2,700 km².
- Semiconductor Sell-Off: 5 Stocks to Buy on the Dip
The article attributes the semiconductor selloff to investor doubts about the durability of AI infrastructure spending, even as cloud companies report strong demand for AI chips. It highlights five stocks: Nvidia (forward P/E just above 13.5 on fiscal 2028 estimates), Broadcom (custom AI chips, with that revenue expected to quadruple to $230 billion over two years; forward P/E of 11), AMD (riding inference and agentic AI demand), Cerebras Systems (high risk-reward; the company claims 30 times the inference speed of GPUs) and TSMC (forward P/E of 18 on 2027 estimates).
- Tom Lee’s Bitmine Adds $30 Million in Ethereum as Buying Nears Its Finish Line
Bitmine bought another 12,535 ETH (about $30 million), lifting its holdings to 6,041,481 ETH, or 4.9% of supply and 99% of its 5% target. Chairman Tom Lee blamed the crypto selloff on a broad risk-off shift, including AI funding and safety worries, U.S.-Iran tensions, midterm jitters and rising bond yields, and called the dip a historically attractive risk-reward entry. Total holdings reached $15.1 billion as of Oct. 18, including 215 Bitcoin, $582 million in cash and marketable securities, and other investments. About 84% of its ETH (5,067,309 tokens) is staked via its MAVAN platform, with projected annualized revenue of roughly $309 million. The position is currently underwater on paper because much of it was bought at higher prices.
- Opinion: The Most Important Number in Taiwan Semiconductor's Earnings Report Was 68%
The author argues the most important figure in TSMC's Q3 report is 68%, the share of revenue from high-performance computing (HPC), which grew 22% from the prior quarter. Revenue reached $46.72 billion, up 41.2% year over year, net income rose 68.7%, and gross margin hit 66.4%. Processes at 7nm and below made up 79% of wafer revenue, with 3nm at 33% and 2nm at 8%. TSMC guided Q4 revenue to $52.3–54.3 billion and expects roughly 44% full-year growth in U.S. dollars. The author remains bullish, saying ongoing demand for advanced AI chips should keep profits rising.
- Why Meta's Q3 earnings could be a little hard to interpret
Meta is reporting its third-quarter earnings after the market closes Wednesday, and Yahoo Finance's Brian Sozzi says the report will be hard to interpret. Recent good news on Meta's AI products, including new models and an AI agent, may not appear directly in the results but will likely be discussed on the earnings call. The key uncertainty is how investors will react if Meta raises its capex outlook again: it could be seen as fueling those products, or as overspending on offerings not yet reflected in financials. Sozzi expects the market to give Meta the benefit of the doubt on higher capex, as long as the increase does not shock investors.
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