PPI Cools as Apple Hits Record High While PayPal Soars 17%

On today's episode of Market Brief – After Hours, PayPal shares exploded higher on a blockbuster takeover bid while Apple notched a fresh record high as a cooler-than-expected PPI report reshaped rate hike expectations. We break down the rotation out of chipmakers into big tech, a historic single-day rally in South Korea's KOSPI, and a major technical breakout in GBPUSD alongside moves in EURUSD, USDCHF and AUDUSD. Plus, Lucid Group's relief rally, Pentair's plunge, and why gold and silver are heading in opposite directions. Hosted on Acast. See acast.com/privacy for more information.