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Dan Ives Says Apple-Meta AI Partnership Could Help Unlock $75 Per Share in AI Value for AAPL Stock — ‘Start of What Could Be Just a Massive Collaboration’

by Rishabh Mishra | Oct 16, 2026 | General

Apple Inc. (NASDAQ:AAPL) and Meta Platforms Inc. (NASDAQ:META) announced a partnership allowing developers to run the Muse Spark Open model on Apple desktop computers. Following this, Yorkville Ives partner and senior managing director Dan Ives stated that the...

Peter Schiff Pushes Back on Kevin Hassett’s Strong-Economy and Consumer Spending Claims: ‘They’re Borrowing Because They’re Broke’

by Tanya Rawat | Oct 16, 2026 | General

Economist Peter Schiff said consumers are “borrowing because they’re broke,” pushing back against comments by Kevin Hassett, director of the White House National Economic Council, who cited strong consumer spending as evidence of a resilient economy,...

MSTR Stock Falls Pre-Market as Strategy Faces MSCI Index Exclusion Under New Rules for ‘Non-Operating Companies’

by Aniket Verma | Oct 16, 2026 | General

MSCI Inc. (NYSE:MSCI) announced on Thursday that it would tighten eligibility standards for “non-operating companies” in its global benchmark indexes, potentially excluding Bitcoin (CRYPTO: BTC) treasury companies such as Strategy Inc. (NASDAQ:MSTR). Door Shut for...

Omeros Stock Sinks on Negative EU Opinion for Narsoplimab, Compassionate-Use Program Ends

by Dylan Berman | Oct 16, 2026 | General

Omeros Corporation (NASDAQ:OMER) shares are trading lower Friday after the company announced that the European Medicines Agency’s CHMP issued a negative opinion on its marketing authorization application for narsoplimab in TA-TMA, following re-examination of its...

Fed Chair Kevin Warsh Keeps October Rate Hike in Limbo, Warns AI Could Trigger a ‘Very Bumpy’ Transition: ‘No Free Riders’

by Namrata Sen | Oct 16, 2026 | General

Federal Reserve Chairman Kevin Warsh declined to reveal whether policymakers will raise interest rates again in October, as central banks worldwide confront persistent inflation pressures. During a fireside chat with International Monetary Fund (IMF) Managing Director...
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