Apple bites back – Cupertino unseats Nvidia as Asia rallies on AI relief
Market news for November 2nd 2026: Asian markets rebounded as investors anticipated Apple’s earnings to ease growing AI cash burn anxieties. Meanwhile, oil prices declined amid ongoing Middle East diplomatic talks. Apple officially surpassed Nvidia to become the world’s most valuable listed company, offsetting regional unease.
Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.
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