Money

Apple ditches Russia as Kremlin intensifies aggression with Ukraine

Published

4 years ago

March 2, 2022

Apple has become the latest major company to halt all product sales in Russia – as the corporate exodus grows

In a widening corporate backlash to Russia’s invasion of Ukraine, the iPhone giant stated that it was “deeply concerned” about the Russian invasion and stands with those “suffering as a result of the violence”.

The move by Apple comes as Vice Prime Minister of Ukraine Mykhailo Fedorov last week called on the company’s CEO, Tim Cook, to take a stand against actions by the Kremlin.

I’ve contacted @tim_cook, Apple's CEO, to block the Apple Store for citizens of the Russian Federation, and to support the package of US government sanctions! If you agree to have the president-killer, then you will have to be satisfied with the only available site Russia 24. pic.twitter.com/b5dm78g2vS
— Mykhailo Fedorov (@FedorovMykhailo) February 25, 2022

Apple Pay and other services such as Apple Maps have also been limited.

Google has also removed Russian state-funded publishers such as RT from its features.

According to news agency RIA, mobile banking applications in Russian, such as Russia’s VTB Bank’s app, may soon not function fully on devices using Apple’s iOS operating system,

Apple said in a statement that the firm had disabled both traffic and live incidents in Apple Maps in Ukraine as a “safety and precautionary measure for Ukrainian citizens”.

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U.S. stocks falling amid AI worries and weak earnings

U.S. stocks decline amid AI concerns, defensive sectors rising; traders eye commodities, jobs data, and currency trends for insights.

Published

23 hours ago

February 13, 2026

Harvey Vargas

U.S. stocks decline amid AI concerns, defensive sectors rising; traders eye commodities, jobs data, and currency trends for insights.

U.S. stocks are tumbling as investors grow concerned over AI profitability and disappointing earnings. Defensive sectors are attracting attention ahead of the upcoming CPI report, while market participants are carefully watching how tech-heavy AI stocks are influencing broader indices. Steve Gopalan from SkandaFX notes that these factors are shaping market sentiment.

For traders, commodities like gold and oil are also playing a role in sentiment, providing hedges amid market uncertainty. The January jobs report and unemployment data are adding further context, with potential implications for Federal Reserve policy.

Market expectations for rate cuts are shifting as investors weigh economic indicators against global market dynamics. Traders are also eyeing currency movements, including the Australian Dollar and Japanese yen, for signs of broader economic trends.

Money

Wall Street tumbles as tech stocks face AI disruption fears

Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.

Published

23 hours ago

February 13, 2026

Harvey Vargas

Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.

Wall Street took a sharp hit as tech stocks plummeted amid growing investor anxiety over artificial intelligence. Markets reacted strongly to uncertainty about how AI could disrupt major sectors, leaving investors on edge. Kyle Rodda from Capital.com explains why investors are nervous about what’s ahead.

Cisco Systems’ quarterly results added to the market jitters, while defensive sectors gained attention as investors sought safer bets. Analysts describe 2026 as a ‘prove it’ year for AI, with companies needing to demonstrate real returns on their ambitious investments.

The January Consumer Price Index report and rising concerns over AI’s impact on transportation companies further weighed on sentiment. Investors are now closely watching major tech firms for signals on how AI spending will shape future market performance.

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#WallStreet #TechStocks #ArtificialIntelligence #StockMarket #Investing #MarketCrash #NASDAQ #FinanceNews

Money

U.S. jobs report, Fed decisions, and Japan’s economic risks explained

January US jobs report sparks uncertainty; analysts debate impact on Federal Reserve policy and market confidence.

Published

2 days ago

February 12, 2026

Harvey Vargas

January US jobs report sparks uncertainty; analysts debate impact on Federal Reserve policy and market confidence.

The January US jobs report shows a mixed picture for the economy, with payroll revisions and steady unemployment leaving analysts questioning the impact on Federal Reserve policy. We break down what the numbers mean for interest rates and market confidence.

US stock markets could face turbulence as investors digest the latest jobs data. David Scutt from StoneX explains how these figures may influence equities and what the outlook is for global markets.

Meanwhile, developments in Japan and a strengthening yen could spark new macroeconomic risks. From carry trades to unexpected shocks, we explore how these factors ripple across the global economy.

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