BUSINESS

BARCELONA, Spain — People with asthma who started semaglutide, the drug sold as Ozempic and Wegovy, had nearly 40% fewer attacks than similar patients on older diabetes pills, researchers told a European lung meeting this week.

Western Digital shares fell 2.7% as investors locked in gains from AI storage trades. Despite strong fiscal 2026 results, the stock's rally cooled, prompting questions about future earnings visibility.

SanDisk's stock surged over 630% in 2026 due to AI-related NAND flash memory demand, despite a recent pullback. The company forecasts strong future growth with new business agreements and strategic shifts.

SK Hynix shares fell amid a broader memory chip sector pullback, despite strong AI-driven demand and recent upgrades from financial institutions citing tight supply and robust demand for AI chips.

Intel's stock fell 5.5% following a $20 billion share sale and Apple's move away from Intel Macs. Despite strong revenue growth, Intel faces challenges with market dynamics and future investments.

Micron Technology's stock fell amid a broader semiconductor decline, despite strong performance driven by a global memory chip shortage and AI demand. Investors await its upcoming earnings report.

AMD shares fell amid broader semiconductor sector weakness, despite strong business fundamentals and significant growth in AI infrastructure partnerships and data center revenue throughout 2026.

Nvidia's $20 billion deal with AI startup Groq is under DOJ investigation for potential antitrust issues, raising concerns about competition in the AI chip industry and impacting Nvidia's stock.

Apple's launch of the foldable iPhone Duo has drawn mixed reactions from analysts, with some predicting significant revenue impact while others remain sceptical about consumer adoption.

Japan's Nikkei 225 index rose 0.20% as easing oil prices and bond yields provided relief, despite a strong yen and looming Bank of Japan rate hike concerns.

Sue Bird and LeBron James feature in Polymarket's new ad campaign, sparking debate over athlete involvement in prediction markets amidst legal scrutiny and competition with rival Kalshi.

AT&T CEO John Stankey views Apple's foldable iPhone Duo as another niche product, questioning its broad appeal despite Apple's strong market influence and competitive pricing.

OpenAI's GPT-6 Astra model has achieved significant milestones, including passing a 48-step CAPTCHA test and demonstrating advanced cybersecurity capabilities, while AI-generated characters are making waves in Hollywood.

Apple introduces the foldable iPhone Duo, featuring a unique StandBy mode that transforms it into a bedside clock. The device offers a 7.6-inch display and advanced features for $1,999.

Jacob Coxon, a former AI researcher at Anthropic, resigned, warning that AI advancements could pose an existential threat to humanity by 2030, urging for responsible development and coordination among labs.

Samsung and Apple are competing in the foldable phone market with the Galaxy Z Fold 8 and iPhone Duo. Apple's pricing strategy and Samsung's marketing efforts highlight the intense rivalry.

South Korea's KOSPI index hovers above 7,000 amid rising oil prices and AI demand. Memory stocks and energy costs create market volatility, with institutional and retail investors reacting differently.

Apple announces the iPhone Duo, its first foldable phone, with preorders starting October 16 and availability in over 70 countries by October 23, following a staggered release strategy.

Cameron Howlett, founder of Independent Wealth Partners, champions independent financial advice in Victoria, rejecting commissions to ensure client-focused guidance. His approach has earned industry recognition and client trust.

Brenton Tong, managing director of Financial Spectrum, simplifies financial planning by translating complex tax changes into plain language, helping clients navigate Australia's evolving financial landscape.

Monique Lavers transitioned from corporate law to real estate, excelling in Sydney's harbourside market by combining negotiation skills with empathy, achieving record sales and client satisfaction.

Alexander Phillips, Australia's top real estate agent for nine years, launches his own brand with Ray White, maintaining his hands-on approach and community support in Sydney's eastern suburbs.

CUPERTINO, Calif. — Apple's first foldable, the iPhone Duo, arrived on Sept. 9 at a starting price of $1,999, $100 above Samsung's Galaxy Z Fold 8. That is not an obvious bargain. It is a bet that a tighter seal, a newer chip and the iPhone software stack outweigh a phone that is already on sale, 53 grams lighter and $100 cheaper in the United States.

Elon Musk's smartphone choice remains a mystery, with sightings of both iPhones and Samsung devices. Despite public appearances, Musk has not confirmed a primary device, reflecting his dual-platform usage.

Megaport's stock rose 5.72% as the company forecasts significant growth in AI compute infrastructure, backed by strategic investments and acquisitions, positioning itself as a leader in automated infrastructure services.

Apple's first foldable iPhone, the iPhone Duo, introduces 21 innovative features tailored for its dual-display design, enhancing multitasking and user experience with iOS 27's new capabilities.

Apple's iPhone Duo, its first foldable smartphone, introduces Touch ID, dual screens, and innovative camera features. Priced at $1,999, it aims to revolutionise the smartphone market.

Australian shares experienced their worst trading day since March, with the ASX 200 index dropping 1.53% due to rising oil prices and global bond yields, erasing weeks of market gains.

Nike's shares have hit a 52-week low as the company faces ongoing challenges in China and a volatile market environment, with a multiyear turnaround plan still in progress.