Microsoft Shares Drop After Reportedly Lowering Expectations For AI Product Demand

Copper, gold, and silver prices have surged recently, driven by a rush into haven assets and tightening global supplies, marking one of the strongest metals rallies in years. Gold prices on the Comex market have settled higher, reflecting a positive trend in precious metals. Silver has also reached new record highs amid ongoing supply tightness.

Ritz has issued a recall for 70 cases of Ritz Peanut Butter Cracker Sandwiches that were mislabeled as the cheese variety, posing a significant risk to consumers with peanut allergies.

AI is transforming the relationship between brands and manufacturers, fostering greater data transparency and collaboration, which leads to smarter decision-making and innovative hardware solutions. This shift is highlighted in a recent Forbes article discussing the implications of AI in market dynamics.

Marvell, a key producer of custom AI accelerators for major tech firms like Amazon and Microsoft, experienced a decline in stock value following its earnings report. However, management's subsequent commentary on anticipated growth in the AI sector has sparked renewed interest among investors.

Microsoft has announced a quarterly dividend of $0.91 per share, reflecting the company's ongoing commitment to returning value to its shareholders. This decision comes as part of its financial strategy to maintain investor confidence and support its stock performance in the competitive tech market.

Early retail results indicate a promising start to the holiday shopping season, with expectations surpassing initial forecasts despite the traditionally cautious nature of this period. Retailers are observing increased consumer engagement, which bodes well for overall sales performance.

Klein is addressing the issue of lagging housing production by advocating for alternatives to ownership that do not depend on long-term debt and inflation for appreciation. This approach aims to reshape the housing market dynamics significantly.

Recent fluctuations in oil prices indicate a drop, but they are not considered cheap. The long-term outlook for oil prices hinges on the persistence of resource nationalism, which appears to be diminishing.