In the wake of the big Apple-Samsung case and rising patent litigation in the tech industry, a sketch from the concerned economist Alex Tabarrok of the blog Marginal Revolution:
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Since Apple’s fall from grace on the stock market, Google has re-emerged as the Wall Street darling from Silicon Valley.
Markets are pumping aggressively this morning as investors pray that the Fed follows its counterpart north of the border in cutting rates.
Early in the week, markets notched steady gains as investors awaited key economic indicators and monitored ongoing trade discussions. Megacap tech names—particularly AI chipmakers—led the broader market higher, as sentiment stayed bullish on prospects for a U.S.-China trade deal.
Attacks and incidents have not stopped
