Bloomberg
Oil Prices Retreat, Apple Results on Deck
Monday, November 2, 2026
Brent crude fell more than 3% to below $110 a barrel following a report that President Donald Trump intends to pursue diplomatic negotiations with Iran. Apple became the world's most valuable company on Friday, surpassing Nvidia. The shift reflected investor demand for stocks perceived as lower-risk amid concerns about artificial intelligence spending.
Original reporting:
- Bloomberg — Oil Prices Retreat, Apple Results on Deck