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Tim Cook Stepping Down As Apple CEO; John Ternus, Head Of Hardware, Will Take Over
Tim Cook Stepping Down As Apple CEO; John Ternus, Head Of Hardware, Will Take Over
Confirming long-standing rumors of Tim Cook's replacement, after hours Apple announced that Tim Cook will step down as CEO and become executive chairman of Apple’s board of directorsm while John Ternus, senior vice president of Hardware Engineering whose name has been speculated as the next boss of Apple, will become Apple’s next chief executive officer effective on September 1, 2026. The transition was approved unanimously by the Board of Directors.
Cook will continue in his role as CEO...
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Mar 14, 2026 / Mark Thornton
The Theory of the Bottom 99%
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Sep 7, 2026 / Tyler Durden
Asia Leads Global Value Rotation On Chip Woes
Asia Leads Global Value Rotation On Chip Woes
By Abishek Vishnoi, Bloomberg Markets Live reporter and strategist
A rotation from growth to value stocks is more pronounced in Asia than anywhere else globally, as doubts grow over the chip rally’s staying power.
MSCI’s gauge for value stocks in Asia Pacific has risen about 6% this quarter, compared with a 2% drop in its growth counterpart, on track for its biggest outperformance since January-March 2022, according to data compiled by Bloomberg. The gap is wider than the swings in the US and Europe...
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Apr 29, 2026 / Tyler Durden
In Huge Win For Republicans, Supreme Court Curbs Use Of Race In Drawing Voting Districts
In Huge Win For Republicans, Supreme Court Curbs Use Of Race In Drawing Voting Districts
In a sweeping 6-3 decision issued today, the U.S. Supreme Court ruled that Louisiana’s congressional map with a second majority-Black district is an unconstitutional racial gerrymander. The ruling in Louisiana v. Callais (No. 24-109) delivers a major victory for Republicans by sharply curtailing the Voting Rights Act’s ability to compel the creation of predominantly Black or Hispanic districts - a development that could help the GOP protect and expand its House majority in the 2026...
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