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NASDAQ:SONM 24 July 2025

Smartphone Industry Shake-Up: Massive Launches, Leaks, and a Global Tech Showdown (July 23–24, 2025)

Smartphone Industry Shake-Up: Massive Launches, Leaks, and a Global Tech Showdown (July 23–24, 2025)

Xiaomi’s Redmi marked 11 years in India by unveiling two new smartphones on July 23–24, teasing a 7,000mAh+ battery and 144Hz display but withholding full specs. Sonim launched its XP Pro 5G ultra-rugged phone on T-Mobile July 23, targeting first responders with MIL-STD-810H durability, IP68/IPX9K rating, and a 5,000mAh battery. Apple’s iOS 26 public beta is expected around July 23; Google’s Android 16 nears completion.

Stock Market Today

  • Australian Shares Expected to Rise as US Markets Hit Record Highs and Corporate Earnings Impress
    May 1, 2026, 1:25 AM EDT. Australian sharemarket futures surged 131 points to 8,677, reflecting optimism after Wall Street's record-breaking session where the Dow Jones rose 1.62% and the S&P 500 posted its strongest monthly gain since November 2020. Persistent gains in tech and industrial giants, including Atlassian, Apple, and Caterpillar, bolstered investor confidence. Brent crude oil briefly hit $126 a barrel amid Middle East tensions before settling down slightly. The Australian dollar strengthened to 72 US cents, with Bitcoin modestly up. Locally, attention shifts to March producer price indexes from the Australian Bureau of Statistics, while US economic data showed 2% GDP growth in Q1 2026 alongside rising inflation at 3.5%. The mix of robust earnings and macroeconomic signals sets the stage for a rally in Australian equities.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 01.05.2026

1 May 2026
LIVEMarkets rolling coverageStarted: May 1, 2026, 12:00 AM EDTUpdated: May 1, 2026, 1:26 AM EDT Australian Shares Expected to Rise as US Markets Hit Record Highs and Corporate Earnings Impress May 1, 2026, 1:25 AM EDT. Australian sharemarket futures surged 131 points to 8,677, reflecting optimism after Wall Street's record-breaking session where the Dow Jones rose 1.62% and the S&P 500 posted its strongest monthly gain since November 2020. Persistent gains in tech and industrial giants, including Atlassian, Apple, and Caterpillar, bolstered investor confidence. Brent crude oil briefly hit $126 a barrel amid Middle East tensions before settling down slightly.
Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

1 May 2026
Sandisk shares dropped about 6% in after-hours trading Thursday despite reporting fiscal Q3 revenue of $5.95 billion, up 251% from a year earlier, and net income of $3.62 billion. The company announced a $6 billion buyback and forecast Q4 revenue of up to $8.25 billion. Gross margin rose to 78.4%. Shares had closed at $1,096.51 before slipping to about $1,030.
Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

1 May 2026
Apple reported fiscal Q2 revenue of $111.2 billion and earnings of $2.01 per share, beating analyst estimates. The board approved a $100 billion share buyback and raised the dividend. Shares fell about 1% after hours as iPhone sales missed forecasts and chip supply remained tight. Investors are watching for clarity on AI strategy and the upcoming CEO transition to John Ternus.
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