See the full story in the original article.
Read the original on business-standard.com ↗
Related news
- Apple Stock Nears Record High As iPhone Market Share Hits 22% Despite 20% Smartphone Market Slump
Apple raised its global smartphone market share to 22% in the third quarter of 2026, exceeding 20% for the first time in any third quarter, even as its shipments fell year over year. According to Counterpoint Research, global smartphone shipments dropped 20% to their lowest third-quarter level since 2012, largely because Apple had no base iPhone 18 to launch that month. Stronger iPhone 18 Pro launches, particularly in China and India, and continued demand for the iPhone 17 limited the decline. Samsung kept the top spot with a 23% share, while Xiaomi fell to 10% as it pulled back from lower-priced products, and OPPO and vivo held 9% and 8%. Rising memory costs pushed global retail smartphone prices up about 20% so far in 2026, and Counterpoint expects makers to keep prioritizing profitability over shipment growth through the rest of the year.
- U.S. Export Restrictions Drive Nvidia China AI Chip Market Share Down to 34%
According to an IDC report accessed by Reuters, Nvidia's share of China's data-center AI chip market fell to 34% in the first half of 2026, as US export controls limited its sales and local rivals filled the gap. Nvidia shipped 678,000 AI accelerators to China from January to June, down 44%, while Huawei shipped 572,000 units for a 28% share. Nvidia said less than 1% of its data center revenue last quarter came from H200 sales to China, and its outlook includes no China data center compute revenue. Nvidia still reported record revenue of $96 billion last quarter and expects about $108 billion next quarter. CEO Jensen Huang said the curbs handed China's $50 billion AI chip market to Huawei.
- Japan High Bandwidth Memory (HBM) Market Share, Trends, and Growth Forecasts, 2026-2031 | AI Data Centers and HBM4 Adoption Fuel 24.05% CAGR to USD 311.53 Million
The Japan high bandwidth memory market is projected to grow from USD 84.48 million in 2025 to USD 106.07 million in 2026 and USD 311.53 million by 2031, a CAGR of 24.05% over 2026-2031. Growth is driven by AI infrastructure projects, including Microsoft's USD 10 billion investment through 2029 and GMI Cloud's USD 12 billion sovereign AI initiative, which push operators to secure memory supply earlier. HBM3E held 68.53% of the market in 2025, while HBM4E and other next-generation products are forecast to grow at a 24.98% CAGR through 2031. The report notes Japan still relies heavily on a few overseas producers for finished HBM stacks, creating risks from pricing swings, allocation limits and supply disruptions for AI data centers.
- Trump approval hits record low , handing Democrats a clear midterm edge
A new Washington Post-ABC News-Ipsos poll shows President Donald Trump's approval among U.S. adults has fallen to 33 percent, with 66 percent disapproving, the lowest of his first term. Among likely voters, approval stands at 38 percent. Democrats now hold a clear lead in the fight for control of the House and, for the first time in more than a decade, are seen as more trusted to handle the economy. Voters prefer a Democratic-led Congress as a check on Trump over a Republican one supporting his agenda by 58 percent to 39 percent, while 72 percent say the country is heading in the wrong direction. Inflation, gasoline prices and the Iran war are major threats to Republicans, whose campaign money advantage is now shifting to protect candidates in redder areas.
- Trump approval hits record low as midterms near : poll
A Washington Post-ABC News-Ipsos poll conducted Oct. 9–13 found that 33% of Americans approve of Trump's job performance and 66% disapprove, a record low two weeks before the Nov. 3 midterms. His approval is down four points from July and eight from a year ago, and only 28% approve of his handling of the economy, with roughly 3 in 4 disapproving of how he has managed inflation and the cost of living. For the first time in over 10 years, Americans trust Democrats more than Republicans on the economy, and Democrats hold an eight-point lead for controlling the House. Republicans hold a 53-47 Senate majority, so Democrats would need to flip at least two seats in states Trump won by double digits in 2024, while also holding Georgia and Michigan.
- Trump approval hits record low as midterms near : poll
A Washington Post-ABC News-Ipsos poll conducted October 9-13 found President Donald Trump's approval rating at 33%, with 66% disapproving, a record low just two weeks before the November 3 midterm elections. His rating is down four points from July and eight points from a year ago, and among likely voters, 38% approve. His economic approval has fallen to 28%, and roughly 3 in 4 Americans disapprove of how he has handled inflation and cost of living. For the first time in over 10 years, Americans trust Democrats more than Republicans on the economy. Democrats hold an eight-point lead for controlling the House, while winning the Senate would require flipping at least two seats in states Trump won by double digits in 2024, while holding Georgia and Michigan.
Related markets
Latest news
- J.P. Morgan Stays Top of Extel’s All-America Equities Research Table
Extel's 55th annual All-America Research Team survey ranks J.P. Morgan first in the research team table with 47 published positions, followed by BofA Securities with 44 and Morgan Stanley with 43. UBS posted the largest gain in positions, reaching 42 and climbing to fourth place. In the analyst leaders table, Jefferies takes first place with 43 positions, while UBS leads Extel's weighted ranking of research teams ahead of J.P. Morgan and Evercore ISI. The results reflect the views of 4,451 portfolio managers and analysts at 1,608 institutions across 60 sectors, with 129,919 votes counted. The number of participating institutions fell from 1,705 in 2025, but more firms now sit in the highest commission bands, rising to 89 from 82.
- Visa, Mesh partner to enable crypto spending at 175M merchant locations
Visa and crypto payments network Mesh have partnered so users can spend cryptocurrency and stablecoin balances directly from participating digital wallets at merchants on Visa's network, without transferring funds to a bank account or using a separate crypto card. Merchants receive payments through Visa's existing network without changing their checkout systems. The network covers more than 175 million merchant locations in over 200 countries and territories, and participating wallets and launch dates will be announced later. Mesh will handle funding and conversion between crypto, stablecoins and fiat, as well as onboarding and KYC requirements. The partnership follows Mesh's September integration with Bybit Pay and its $75 million raise in January at a $1 billion valuation.
- Mastercard Brings Its Fraud-Fighting Tools to Stablecoin Payments
Mastercard has launched Stablecoin Security, a tool that lets financial institutions screen stablecoin payments for fraud, scams and sanctions exposure and generate a risk score before a payment settles. Delivered through a platform-agnostic API, it combines Mastercard's payment intelligence with blockchain analytics and launches with Borderless.xyz and Keyrails as initial participants. The move addresses a blind spot flagged by a Bank for International Settlements study, which found nearly 60% of 593 million stablecoin transfers in 2025 were complex, multi-step transactions. The product extends Mastercard's broader stablecoin push, including its Global Money Platform with BVNK, and will launch first in North America, with worldwide availability expected in 2027.
- Better Oil Stock: Chevron (CVX) vs. ExxonMobil (XOM)
The article compares integrated oil majors Chevron (CVX) and ExxonMobil (XOM), whose stocks rose 45% and 58% respectively over the past 12 months as oil prices climbed. Chevron earns about 80% of its profit from upstream operations versus about 70% for ExxonMobil, which has a larger downstream and petrochemicals business. With Brent crude at $110 per barrel, well above breakeven prices of $50 for Chevron and $35 for ExxonMobil, the author argues Chevron's upstream focus suits oil spikes, while ExxonMobil's diversification helps when prices fall. Chevron offers a 3.2% forward yield versus 2.3%, and analysts expect its EPS to grow at a 26% CAGR from 2025 to 2028, compared with 20% for ExxonMobil. Both trade at 15 times next year's earnings, and the author prefers Chevron.
- 10 - Year Treasury Yield Falls 15 Basis Points as Nasdaq - 100 Slides 5 . 5 %
U.S. Treasury yields fell as tech stocks slid in the week ended Oct. 16: the 10-year par yield dropped from 5.24% to 5.09%, a 15-basis-point decline, while the Nasdaq-100 fell about 5.5%. Bloomberg linked the bond rally to commodity trading advisers cutting bearish Treasury futures positions and to investors seeking a haven, and said the joint drop in yields and the Nasdaq-100 was the first such week since the April 2025 tariff turmoil. Long-term yields had climbed for seven months on persistent inflation, a resilient economy and heavy borrowing, hitting their highest levels in more than two decades. Investment-grade companies had sold about $1.7 trillion of bonds in 2026 so far, roughly 29% more than a year earlier, with AI infrastructure borrowing intensifying competition for Treasury buyers. Rate traders still expect one Fed increase by the end of 2026 and another in 2027 ahead of the Oct. 27-28 policy meeting.
- This High-Yielding Dividend Stock Has Soared Past the "Magnificent Seven" in 2026
Target (TGT) shares are up 57% so far in 2026, outpacing the Magnificent Seven tech group, where Tesla is down 18% and Apple leads with a 26% gain as enthusiasm for AI cools. The stock is still down 39% over five years, with its last positive year in 2021, as consumers have pulled back on discretionary spending, but a new CEO and recent earnings progress have renewed investor interest. Growth in the most recent quarter, which ended Aug. 1, was 5.3%, with comparable growth of 3.6%, which the author sees as decent but not spectacular. Target trades at a P/E of 16 versus about 23 for the S&P 500 and 43 for Walmart, and its dividend yields 3% versus roughly 1% for the market, with 55 consecutive years of increases.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.