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Apple rushes MacBook Neo production as inventory sells out and sales target jumps to 10 million units
Apple announced rush orders with Foxconn and Quanta after the $599 base‑model MacBook Neo exhausted its opening inventory. The company raised its sales forecast from 7 million to 10 million units, underscoring strong consumer demand for a low‑cost laptop.
Also developing:
- Fiddler AI acquires Lumeus.ai to expand AI security and governance
- UK releases upper 6 GHz band to boost 5G capacity and seed 6G
- Harvey secures $200M to scale AI agents for legal work
By the numbers: UK National Wealth Fund injects $749M into Rolls-Royce SMR project
Japan's bond market set to smash records as M&A surge fuels $110B of issuance
Yen‑denominated corporate bond issuance jumped 94% year‑over‑year in March, and Daiwa projects total sales will reach ¥16.5 trillion (about $110 billion) this fiscal year, up from ¥15.9 trillion last year. Outbound M&A deals hit a record ¥31 trillion ($207 billion) last year, driving unprecedented funding demand.
Also developing:
- Oil prices dip as US‑Iran dialogue hopes ease supply worries
- Amazon nears acquisition of Globalstar to accelerate Kuiper rollout
- Gallup poll finds US workers split on AI adoption
By the numbers: Intel launches $14.2B Irish plant buyback
Intel shares surge 51% in April, adding over $100 billion to market value
Intel Corp. rallied 51% in April, boosting its market capitalization by more than $100 billion after a $14.2 billion Irish plant buyback and new partnerships with Tesla and Google, though analysts caution the stock may be overvalued.
Also developing:
- Polish regulator fines XTB 20 million zł for CFD violations
- Ex‑Rokos partner launches $359 million commodities hedge fund
- Bank of Korea proposes circuit breakers for Bitcoin exchanges
By the numbers: Circle files for $5B IPO
Lockheed Martin lands $4.7B PAC‑3 missile contract
Lockheed Martin secured a $4.7 billion undefinitized contract to accelerate production of PAC‑3 MSE interceptors for the U.S. Army. The deal expands missile output for U.S. and allied forces.
Also developing:
- Nissan to cut global models to 45, push AI driving tech
- India’s private lenders projected to outpace public banks with ~12% profit rise
- FCC appoints ioXt Alliance to run Cyber Trust Mark program
By the numbers: Diafa acquires majority stake in Ivy empire for $1.78B
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