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Jon Peddie Research reports desktop discrete graphics card shipments reached 12.5 million units in Q2 2026, the highest quarterly total since early 2022, even as prices climbed to record levels. Nvidia shipped about 11.25 million of those units for roughly 90% market share, while AMD shipped around one million cards for about 8%.
Uber cut about 3,300 corporate jobs last week, roughly 10% of its corporate workforce, in its largest reduction since the pandemic. CEO Dara Khosrowshahi told the Goldman Sachs Communacopia + Technology Conference that savings from the cuts and reduced insurance costs would be reinvested, including lowering fares for riders, while more than $1 billion is earmarked for Uber's self-driving car efforts.
AMD has released two new budget hexa-core processors: the Zen 3-based Ryzen 5 5500F priced at $99, and the Zen 4-based Ryzen 5 7500 priced at $189, both now available at U.S. retailers. The 5500F is essentially a lower-binned Ryzen 5 5600 without integrated graphics, offering a 500MHz lower boost clock and half the L3 cache, while still supporting PCIe 4.0.
President Trump said Wednesday that oil prices, driven up by the ongoing Iran conflict, will likely stay elevated until after U.S. midterm elections. His remarks came as Brent crude topped $100 a barrel for the first time since July, with prices jumping over 3% amid escalating U.S.-Iran military exchanges.
Luxury housing prices have declined for 29 consecutive months across every high-end price tier, according to new market data. Despite the extended price slide, luxury homes are now selling faster than they did a year ago, suggesting buyer demand remains resilient even as sellers accept lower prices.
Ryanair CEO Michael O'Leary told reporters that fares could rise substantially in the December and March quarters if oil prices remain elevated, even as second-quarter pricing is expected to dip slightly. His comments came as Brent crude held above $100 a barrel and jet fuel costs climbed roughly 90% year-over-year.
Jim Cramer said on 'Mad Money' that despite rising oil prices hitting retail, staples and discretionary stocks like Comcast, Procter & Gamble and Stanley Black & Decker, he remains optimistic about the broader market. All three major indexes fell for a third straight session, but Cramer pointed to strong AI-related semiconductor stocks, resilient bank shares, and the potential for oil prices to ease as reasons for his continued confidence.
Apple did not announce it, but after its iPhone Duo event the company raised prices by $100 across its lineup of previous-generation iPhones still for sale. The iPhone 16 returns to its original $799 launch price, the iPhone 17E now starts at $699, and the iPhone Air jumps to $1,099. AirPods pricing, including the AirPods Pro 3 at $249, was left unchanged.
Apple announced at its Wednesday event that the iPhone 18 Pro will start at $1,199 and the iPhone 18 Pro Max at $1,299, both with 256GB storage, marking a $100 increase over last year's models. Preorders begin Saturday, Sept. 12, with the phones launching Sept. 18. The higher-priced models come with upgraded cameras, a new A20 Bionic chip, and new color options including a burgundy shade.
Apple's new iPhone 18 Pro models launch $100 more expensive than last year, mirroring similar $100 increases from Google's Pixel 11, Samsung's Galaxy Z Fold 8 Ultra, Motorola's Razr lineup, and Sony's Xperia 10 VIII. Apple also raised prices on its older iPhone models still for sale, closing off any workaround for budget-conscious buyers.
A new ranking of college towns identifies five markets where median asking home prices remain below $120,000, far under the roughly $400,000 national median. Most of these affordable areas are located in regions with harsh winters or extreme summer heat, which appears to keep demand—and prices—lower.
Apple is preparing to unveil its first foldable iPhone, a device expected to carry a premium price tag. The reveal is notable because it will mark John Ternus's debut as Apple's new chief executive, stepping into the leadership role for this major product launch.