iPhone 6 and 6s Still Top for Global Usage
Newzoo reports that among 730 million active iPhones worldwide, the iPhone 6 and 6s remain the most used through July, holding 21 percent and 18 percent of the market respectively. Their popularity stems from headphone jacks and larger screens vs later models.
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Oil rigs rise as Baker Hughes notes uptick in activity
Baker Hughes reports active U S rigs up six to 750 marking first weekly gain in four weeks as OPEC nations show higher output, signaling rising oil supply and potential price movement. Walt Disney resolves dispute with Altice over Optimum charges avoiding a New York blackout risk for ABC and ESPN. Ruger stock edges higher after Las Vegas concert mass shooting amid speculation on gun sales.
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Dow Jones and VIX Metrics Overview
The report notes the Dow Jones Industrial Averages and CBOE Volatility Index track market sentiment. It also cites the S&P 500 price to earnings ratio based on trailing twelve month operating earnings for valuation context.
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Equifax breach grows total to 145.5 million U S customers
Equifax says 2.5 million more U S consumers were affected by the breach bringing the total to 145.5 million. The firm hired Mandiant to review the incident and said no U S databases were accessed outside the United States. Former CEO Richard Smith will testify to Congress amid criticism of the company’s response.
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